Arizona Burning
Posted in Main Blog (All Posts) on May 3rd, 2010 4:31 am by HL
Wall Street’s Golden Rules
Ezra Klein, Newsweek
After 10 hours and 43 minutes of testimony before the Senate's Permanent Subcommittee on Investigations on Tuesday, the hapless Goldman Sachs employees and the angry senators interrogating them were still talking past each other. “I firmly believe that my conduct was correct,” said a tired-looking Fabrice Tourre, the Goldman employee who structured the Abacus trade that led to the SEC's lawsuit against Goldman. Meanwhile, Sen. Carl Levin had used the word “s–tty” 12 times and Sen. Tom Coburn had reminded the witnesses that “we're not that…
U.S. Investigates Times Square Bomb Plot
McCoy & Biskupic, USA Today
Kelly said no evidence existed to back up a claim of responsibility by Pakistani Taliban but stressed police were pursuing all angles. He said police are examining propane tanks, fireworks and other materials collected from the Nissan Pathfinder that began emitting smoke. Mayor Michael Bloomberg said a T-shirt vendor first alerted police Saturday.Kelly said agents were headed to Pennsylvania to interview a tourist who may have recorded a suspect on his video camera. Kelly said a white man in his 40s was seen in an alley behaving furtively, shedding a dark shirt and putting it in a bag. Police…
