The Moral Hazard of the “Bad Bank” – “I’ve noticed something I find a bit disturbing about our new Treasury Secretary: He has not yet fully come to terms with his new job, role — and boss.”
JPMorgan Exited Madoff-Linked Funds Last Fall – “[JPMorgan] suddenly began pulling its millions out of those funds in early autumn, months before Mr. Madoff was arrested, according to accounts from Europe and New York that were subsequently confirmed by the bank.”
Lilly Ledbetter Act: The First Bill President Obama Signs – “… I sign this bill for my daughters, and all those who will come after us, because I want them to grow up in a nation that values their contributions, where there are no limits to their dreams and they have opportunities their mothers and grandmothers never could have imagined.”
Military Judge Denies Obama Request to Suspend Guantanamo Hearings – “The Pentagon may now be forced to withdraw the charges against Abd al-Rahim al-Nashiri, a Saudi citizen of Yemeni descent.”