We’ll be bringing you live coverage of the results of the special election tonight in NY’s 20th congressional district. The polls close at 9 PM. That’s the upstate seat left vacant after Kirsten Gillibrand was appointed to serve out Hillary Clinton’s term in the senate. Here’s our final wrap-up of how the race looks as of today.
Complaints about US at the G-20? A lotta posturing, says Jon Taplin.
Poll: Americans decisively oppose non-existent threat of America abandoning the dollar for global currency.
Sen. Bunning (R-KY): My fundraising this quarter was “lousy.” But it can only go up from here!
We’ve dug up a speech Joseph Cassano gave in the Spring of 2007, giving a history of AIG Financial Products and explaining how risk free an enterprise it was. Here Cassano goes back a decade to explain those precious days when CDOs and MBSs and the credit default swaps that helped make them toxic where just in their swaddling clothes …
It was a watershed event in 1998 when JPMorgan came to us, who were somebody we worked with a great deal, and asked us to participate in some of their early what they called then bistro trades, and these trades were the precursors to what’s become the CDO market today, and the early movers in that.
And we were able to catch that wave of that business and were able to build on that platform. And you all read in the newspapers today, credit derivatives are one of the fastest growing segments in the derivatives markets and we’re a very large participant in a very specific niche, and that niche is in the super senior business and that’s one of the things that Andy will talk about during his segment.
Latest Ponzi schemer debuts, this time with a trifling $88 million in defrauded funds.
How does Sen. James Inhofe (R-OK) know there’s no global warming? Because they just had a spring snowstorm in Oklahoma. Here he is, speaking on the Senate floor today:
Norm Coleman’s lawyers just held a conference call and said what’s probably obvious — that they’ll appeal this ruling. More interesting, Coleman legal spokesmen Ben Ginsberg hinted that the final say from the Minnesota Supreme Court won’t be the final word for them — i.e., that they’ll try to get the federal courts to step in and prevent the state of Minnesota from issuing Franken that certificate of election.
Hardly a surprise. Remember, Sen. Cornyn, the guy who’s essentially bankrolling this show, says he believes that seating a Minnesota senator could take years.