by Art Smith
Joe Lieberman, Independent Senator from Connecticut (although, oh, he does still caucus with the Democrats in the Senate) explains his position supporting John McCain today in the Stamford Advocate. Lieberman says McCain is “really a reformer” who is not...
by Art Smith
JPMorgan Chase appears close to closing the deal to acquire Bear Stearns. The arrangement, just 2 days after Bear Stearns stock price dropped 46% in a single trading session, would value the teetering financial services company at about $236 million ($2 per share)....
by Art Smith
There is little need to retrace the Eliot Spitzer story except to say: he got caught with a prostitute and apparently was using a form of structuring (attempting to get around federal bank reporting rules) in an attempt to hide the source and/or use of funds. ...
by Art Smith
I’ve said it a number of times here in the past: the real power is in the US Congress. Presidents can negotiate with foreign leaders, take military action (to an extent), and manage the administration as approved (more or less) by Congress. And then a little...
by Art Smith
Christopher J. Ward, former treasurer for the National Republican Congressional Committee, is under investigation for allegedly embezzling as much as a million dollars of the organization’s money. When our people mess up, we do it Texas-style. Of course,...