Month October 2008

Regulators clamp down on naked longs

From the Economist A cautionary tale from the future This newspaper story has just come to light after falling through a gap in the space-time continuum Sept. 26, 2021 Financial authorities in America and Europe took sweeping powers yesterday to…

Hero: Chicago sheriff suspends evictions

Thomas Dart, sheriff of Cook County, has banned evictions, saying he was outraged at banks evicting renters because the owner was in foreclosure. “These mortgage companies … don’t care who’s in the building,” Dart said Wednesday. “They simply want their…

Word

“The Bush administration, which took office as social conservatives, is now leaving as conservative socialists.” — Allan Mendelowitz (And I don’t want any squawking in the comments from Marxists about how this isn’t real, actual, 100% Lenin-would-approve socialism. The US…