May 23, 2016 at 1:01 pm
It's starting to look like a pattern: another resounding defeat for the U.S. attorney for the Southern District of New York, Preet Bharara, dealt by the federal judges who ride the U.S. Court of Appeals for the Second Circuit. Today the opinion came from Judges Raggi, Wesley, and Droney, who struck down a $1.2 billion civil penalty that had been imposed on Bank of America. The appellate judges found that the federal prosecutors had failed to show any evidence that the bankers had violated the federal mail and wire fraud laws under which they had been charged.
May 19, 2016 at 12:27 pm
The search engine operator Google changes the design of its main search web page, Google.com, from time to time to honor special events. The redesign is known as a "Google doodle." Today's "Google doodle" marks the 95th birthday of Yuri Kochiyama.
Officially, Google explains the situation as follows:
May 18, 2016 at 10:28 am
Hillary Clinton's connections to Goldman Sachs, and what they will mean going forward in the presidential campaign or in a Hillary Clinton administration, are the topic of my column this week. Please check it out at the New York Sun (here), Newsmax (here), and Reason (here).
May 18, 2016 at 10:22 am
A left-leaning New York Times columnist, Eduardo Porter, writes this sentence in an article about how to increase economic growth:
May 12, 2016 at 12:20 pm
If some news organization wants to run a ridiculously one-sided piece criticizing Donald Trump's idea of allowing sales of health insurance across state lines, that's annoying. But what's really outright galling is that the news organization is NPR, which is taking taxpayer funding to run this sort of nonsense.
May 12, 2016 at 11:36 am
Usually the only poll that matters is the one taken on election day, but anyone feeling pessimistic about the state of the Republican Party these days, or about partisan division in America more generally, might take some heart from this Morning Consult ranking of state governors based on a "survey of more than 66,000 voters in all 50 states" conducted between January and May. (How the "survey" was conducted — phone? online poll? — is undisclosed, at least as far as I can tell.) From the report:
May 10, 2016 at 8:57 pm
My column this week begins:
May 9, 2016 at 9:45 pm
The Wall Street Journal has an excellent editorial on David Ganek's case against the U.S. attorney for the Southern District of New York, Preet Bharara. The editorial calls Mr. Bharara's insider-trading campaign "one of the decade's great white-collar injustices."
May 3, 2016 at 2:18 pm
May 2, 2016 at 9:04 am
In the New Yorker, Jeff Toobin has an article about the U.S. attorney in the Southern District of New York, Preet Bharara, that goes further than most other coverage does in detailing how judges and defense attorneys think he has overstepped, or at least pressed the outer limits of, the bounds of appropriate conduct.
April 26, 2016 at 11:28 pm
Usually politicians wait until after they get elected to break their campaign promises against raising taxes, but Hillary Clinton is exceptional.
Mrs. Clinton has been going around promising not to raise middle class taxes. On Friday, April 22, in Scranton, Pa., she said, according to a transcript provided by her campaign, "I am the only candidate running in either party who has pledged I will not raise middle class taxes because the middle class needs a raise, not a tax increase." On April 18, in Staten Island, she said, "I'm the only candidate who has said this: I will not raise taxes on the middle class at all, period." (I wrote a column last year about Mrs. Clinton's tax pledge, if you are interested in learning more.)
April 26, 2016 at 10:59 pm
Hillary Clinton's rediscovery of the Jeb Bush "right to rise" language and of Marco Rubio's love for "welders" is the topic of my column this week. Please check it out at the New York Sun (here), Reason (here), and Newsmax (here).
April 25, 2016 at 12:39 am
Matt Levine has some interesting thoughts on Senator Elizabeth Warren's letter to the Securities and Exchange Commission about money manager Steven Cohen:
April 25, 2016 at 12:31 am
From a New York Post report on plans by the New York Times to lay off hundreds of staffers:
The nice thing about being a multinational corporation such as the New York Times is that one can consolidate one's operations where the regulatory regime is friendliest to the ownership's interests. When companies move around to gain tax advantages, the Times editorially describes it as "looting" and calls for laws to prevent companies from exiting freely. But when the advantages involve labor law and the Times' own profits are at stake, somehow it's a different issue.
April 24, 2016 at 10:38 pm
Solano County, Calif. officials shut down a brewery, forcing the layoff of 9 employees, the CBS local news there reports. Says the brewer: "We're in the grind of the bureaucracy, which is a lawyer-driven enterprise." The county faults the business' power cords and shipping containers.
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