Archive for December 2009
4 Big Mortgage Backers Swim in Ocean of Debt – NYTimes.com
4 Big Mortgage Backers Swim in Ocean of Debt – NYTimes.com.
Even as the biggest banks repay their government debt in what is being heralded as a successful rescue program, four troubled giants of the financial world remain on government life support.
These companies, the American International Group, Fannie Mae, Freddie Mac and GMAC, are not only unable to repay the government, they are in need of continuing infusions that make them look increasingly like long-term wards of the state.
Things will not be getting better anytime soon.
In House, Many Spoke With One Voice – Lobbyists’ – NYTimes.com
In House, Many Spoke With One Voice – Lobbyists’ – NYTimes.com.
Statements by more than a dozen lawmakers were ghostwritten, in whole or in part, by Washington lobbyists working for Genentech, one of the world’s largest biotechnology companies.
E-mail messages obtained by The New York Times show that the lobbyists drafted one statement for Democrats and another for Republicans.
And we wonder why people are fed up with Congress.
Senate health care bill – insurance companies can kick you out if you get cancer and treatment costs too much: AMERICAblog
AMERICAblog News| A great nation deserves the truth.
“A loophole in the Senate health care bill would let insurers place annual dollar limits on medical care for people struggling with costly illnesses such as cancer,” reports the AP. The Senate Finance Committee barred annual caps altogether. The merged Senate bill only erases “unreasonable” annual caps. What’s “unreasonable?” Hard to say.
Keep It In Your Pants!
Looks like Tiger Woods has joined a nice long list of guys with $$ who can’t keep it in there pants!
Others we know of recently:
and of course Bill Clinton!
Any body else I missed?
