Tag: Wall Street
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The Company We Keep
My son asked me a question the other day that still cuts very deep. “How are you comfortable being in league with racists, xenophobes and reactionaries?” he asked. What prompted the question was my support for Brexit. I’ll admit it is true that the likes of Boris Johnson, the idiotic and racist former London mayor,…
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Palin’s understated brilliance
I know all of us are holding our breath for Alaska Gov. Sarah Palin to wow America all over again during her vice-presidential debate with Delaware’s Sen. Joe Biden Thursday night. One newspaper has called Mrs. Palin’s debating skills “formidable.” The New York Times says she’s a confident debater. In fact, the Obama campaign, calling…
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Drink heavily; recycle
An investment banker said of the current Wall Street calamity: “If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left. With Fannie Mae, you would have $2.50 left of the original $1,000. With AIG, you would have less than $15 left. But, if you had purchased $1,000…
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Outdated but still funny
Welcome wagon Serrano Votes Against Wall Street Bailout – NY Times BlogShare, Yesterday at 8:31pm Four of New York State’s 29 representatives voted no on the $700 billion economic bailout package that the House of Representatives rejected on Monday in a historic vote, 228 to 205. The four no votes from New York State came…
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“K-e-a-t-i-n-g-5”
AP News Dispatch: McCain: Greed created Wall Street’s problems, By THE ASSOCIATED PRESS, Filed at 12:52 p.m. ET TAMPA, Fla. (AP) — Republican presidential candidate John McCain says Wall Street’s financial turmoil is the result of unchecked corporate greed.The Republican says government must protect the public from investment schemes too complex for people to understand…
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Scapegoat*
Alright. Look that word up today and it’ll have a picture of a two-headed monster named Tannin and Cioffi. Don’t get me wrong: Ralph Cioffi and Matthew Tannin are probably guilty of a lot more than they’re being charged with here. But, are they the biggest crooks on Wall Street? Can anybody tell me what…
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FLEETING INFAMY Many are called, but few are frozen in spotlight By MICHAEL O. ALLEN and RICHARD T. PIENCIAK, Daily News Staff Writers
Sunday, May 4, 1997 Most people who grab fleeting notoriety — Sukhreet Gabel, the kid who stole the A train, Lady Bing and Yankee switcher Fritz Peterson — disappear quickly and quietly. Then there are those like Burton Pugach, resurrected at regular intervals, and Donald Trump, who never seems to leave the stage. Pugach has…
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Rudy: Shed Half Of Clothes Tax
January 12, 1997 by MIKE CLAFFEY and MICHAEL O. ALLEN, Daily News Staff Writers Mayor Giuliani yesterday revived his call for 2-cent cut in the city sales tax on clothing buys — and vowed to press for approval even if the state doesn’t match the reduction. In an election year bid aimed at city shoppers…
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Teachers, Principals Eye Edition Additions
November 9, 1996 by MICHAEL O. ALLEN and LAURA WILLIAMS, Daily News Staff Writers City teachers and principals yesterday were drawing up shopping lists to spend $70 million promised by Mayor Giuliani for new textbooks. “I already have my orders worked up,” said Yve Douglass, principal of Public School 3 in Bedford-Stuyvesant, Brooklyn. “At the…