Hitting Too Close to Home When you discover 1″ of standing water in much of your basement (as I did this morning), your first impulse — after uttering the obligatory “#$!%@!” — is to shut off the water to the house, then look for whatever pipe burst overnight. Nada. I then checked the main sewer...Read More
Wall Street Journal: ‘Blame the Regulators’ Chutz-pah′: killing your parents, then throwing yourself on the mercy of the court because you’re an orphan. So, according to The Wall Street Journal, who’s to blame for the still-missing $1 billion of client funds at now-bankrupt MF Global? Not the company’s senior management, led by CEO Jon Corzine,...Read More
Whodunnit? “Fannie Mae and Freddie Mac!” Never have so many owed so much to so few. –Winston Churchill If Winston Churchill had been alive to witness The Crash of ’08 and the events leading up to it, I think he would have offered an updated version of his famous observation about the Royal Air Force pilots who defended...Read More