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August 29, 2015
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Kerviel
Societe Generale

The Man Who Lost $7.2 Billion

How did a 31-year-old low-level bank trader with limited access lose five times as much money as the worst rogue trader ever? That’s the question European authorities and Societe Generale, France’s second-largest bank, are trying to answer.

Posted on Jan 25, 2008 READ MORE


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Clinton and McCain
AP photo / Gerald Herbert

Bill Clinton: Hillary Chummy With McCain

Wow, Hillary Clinton’s husband has been très vocal of late, running the gamut of campaign tactics with such alacrity that it almost seems he’s done this before.  Bill Clinton’s latest message is one of unity—specifically, between Hillary and the man who could be her Republican rival on the presidential ballot, John McCain.

Posted on Jan 25, 2008 READ MORE


European Conservatives Join Forces

Four far-right European political parties have allied with each other, hoping to form a European Union umbrella party opposed to “Islamization” and immigration. Europeans, you see, will never give up their welfare states, so conservatives there spend much of their time bashing immigrants. Unlike America, where xenophobia is, though popular, something of a passing fancy.

Posted on Jan 25, 2008 READ MORE


Giuliani
images.businessweek.com

NYT Endorses Clinton and McCain, Slams Giuliani

Sure, it can’t help but be at least momentarily interesting that The New York Times’ editorial posse has announced its pick of the Republican and Democratic litters for this presidential election cycle. But far more compelling than Team Gray Lady’s rationale for choosing its favorites is what it had to say about fellow New Yorker Rudy Giuliani.

Posted on Jan 25, 2008 READ MORE


Immigration Dept. Deports Americans

Despite his Southern accent and the conclusions of a court to the contrary, officials at Immigration and Customs Enforcement managed to convince themselves that Thomas Warziniack was born in Russia. So they detained and planned to deport him. He is just one of hundreds of victims caught up in an unforgiving bureaucracy who beg, often without recourse, to be taken seriously.

Posted on Jan 24, 2008 READ MORE


Kucinich
flcikr / abstract plain

Kucinich to Quit Campaign

Dennis Kucinich is expected to announce Friday that he is dropping out of the race for the White House. The Ohio congressman faces four challengers in the primary for his seat in the House. Kucinich’s congressional campaign sent out an “urgent personal appeal” to supporters for donations on Wednesday.

Posted on Jan 24, 2008 READ MORE


George Piro
cbsnews.com

Saddam’s Interrogator Speaks

George Piro, the FBI agent who spent nearly seven months interrogating Saddam Hussein, tells “60 Minutes” that the late Iraqi leader didn’t think the U.S. would actually invade and didn’t deny having weapons of mass destruction in order to intimidate Iran. “He told me he initially miscalculated ... President Bush’s intentions,” Piro revealed in the interview, which airs this Sunday.

Posted on Jan 24, 2008 READ MORE


Pelosi and Bush
news.google.com

House, Bush Cut Stimulus Deal

House Democrats, Republicans and President Bush have tentatively agreed on the broad outlines of a $150-billion stimulus package. Most of that money will come in the form of payouts ranging between $300 and $1,200 for individuals and households.

Posted on Jan 24, 2008 READ MORE


Bush
overspun.com

Bush Bails on War Funding

President Bush’s new budget will not fully fund the wars in Iraq and Afghanistan. Instead, the White House plans to ask for “bridge” funds—enough to pay for the wars until the next president takes over. Though no official figure has been given, congressional estimates put the amount at less than half of what we spend on the wars in a year.

Posted on Jan 23, 2008 READ MORE


Sushi
nytimes.com

Questioning Sushi Safety

The FDA and EPA already warn against pregnant women and children eating canned tuna because of high mercury levels, but The New York Times has discovered even more mercury in a random selection of fresh sushi tuna. And it’s not just those swanky city folk who are at risk. According to one marine scientist: “Mercury levels in bluefin [tuna] are likely to be very high regardless of location [of purchase].”

Posted on Jan 23, 2008 READ MORE


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