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Governor Christie Calls Unions "Crass Bullies of State Street"; Says Unions Have a Choice "Givebacks or Layoffs"

Every time I listen to New Jersey Governor Chris Christie I want to stand up and salute. Today is no different. Here is a series of articles by the Star-Ledger for your consideration.This is the Moment to Fix ItChris Christie:'This is the moment' to fix state financesBlunt and unapologetic about the... (original story)

Breaking News: Here Is the Letter at the Center of the Lehman Report

In May 2008, former Lehman Senior Vice President Matthew Lee wrote a letter to senior management warning that the New York securities firm may have been masking the true risks on its balance sheet. Here is the text of that letter. (original story)

ETFs and high frequency trading?

High frequency trading? Ironic that the best long term returns came from short term strategies. Like most people my favorite holding period in theory is forever. In reality it is rarely feasible and never optimal when economic volatility, creative destruction, business innovation and global instabil... (original story)

Let’s Have A Serious Discussion (About Tiger’s Texts)

There’s nothing going on today but even if that weren’t the case, I’d still be asking you to gather ’round so we can have some Real Talk about Tiger’s supposedly scandalous texts to one of his 845 pieces on the side. Joslyn James (pictured) has released a bunch of messages Woods sent to her… SMS - Joslyn James - Tiger Woods - Short Messaging Service - Wireless Data (original story)

Women, Business and the Law

Quick on the heels of International Women's Day last week, the World Bank Group has released a new report aimed at redressing some of the worst inequities faced by women around the world. Women, Business and the Law is the first attempt to quantify the legal barriers faced by women in opening and op... (original story)

Cuba: U.S. diplomat joined demonstrators

Cuba's state news agency is reporting that Lowell Dale Lawton, an official at the U.S. interests section in Havana, joined a protest march by the womens' opposition group Ladies in White yesterday. The Miami Herald's Cuba Colada blog translates the report:  The American diplomat mingled with ... (original story)

Greenspan Tries to Rewrite History of Housing Bubble

Alan Greenspan refused to acknowledge responsibility for the housing bubble again in a talk given at Brookings yesterday. It would have been helpful if the NYT had provided some additional history to point out to readers that what Greenspan was claiming was not true. For example, Greenspan asserted... (original story)

Alan Greenspan: The Crisis

spring2010_greenspan Via the Brookings Institute (original story)

Ever Wondered How They Deal With The Naughty Finance Execs In North Korea?

Wonder no longer. Just messing, they kill them. North Korea has executed a senior official blamed for currency reforms that damaged the already ailing economy and potentially affected the succession, a news agency in South Korea reported today. Pak Nam-gi was killed by firing squad last week, said Yonhap, citing multiple sources. The Workers party… North Korea - Yonhap - South Korea - Asia - Pak Nam-gi (original story)

Write-Offs: 03.18.10

$$$ Heidi Moore: The Big Short Gets the People Right and the Finance Right [TBM] $$$ Blackstone prez to host ‘private’ Pelosi fundraiser (I just want you to appreciate the graphic). [NYP] $$$ Hedge fund matchmakers cannot escape scrutiny [Reuters] $$$ Wall Street, Obama Parting Ways (according to Charlie Gasparino) [FBN] $$$ Cuomo Expands Pension Probe [WSJ] Charlie Gasparino - Wall Street - Hedge fund - Business - Wall Street Journal (original story)








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