Pretty sure this isn’t the help Michael Steele is looking for:
As of this morning, Steele was continuing to insist he’s pro-life.
See more at MSNBC.com.
Lisa DePaulo went on MSNBC this afternoon to discuss her much-linked GQ interview with Michael Steele. She, too, couldn’t believe some of the things he was saying:
who that guy is? That’s Joseph Cassano. As far as we know this is the only commercially available photo of him. AIG was actually a decently run and profitable insurance company. The problem was a small shop in London, AIG’s the ‘financial products’ division. Cassano ran it. And that’s where they wrote more than $400 billion of credit default swaps, mainly on crap mortgage debt. That means about $400 billion of de facto insurance policies he wrote that his company had no assets to cover. Great idea, right?
But don’t worry: that’s where your money is going now.
Cassano is the guy at the center of the AIG implosion. But of course he couldn’t bring down the global economy alone.
Click here to see Cassano and the rest of the Weasels who tanked the world economy in our Axis of Weasels: The Men Who Ruined the Economy photo gallery.
Six Flags on brink of filing for bankruptcy protection.
I know these things are not straight confessions of the heart. An allocution in such a high stakes case is closely lawyered. Nonetheless you might find it interesting to take a moment to read the text of Bernie Madoff’s statement today in court confessing to and detailing his crimes. I did.
In case you missed it (speaking for myself, I was watching UCONN-‘Cuse 6 OT madness), here’s the unedited Part III of the Jon Stewart-Jim Cramer showdown. By this stage in the interview, Cramer is a whipped puppy, and Stewart has long since dispensed with any comedic effect, morphing into a basic cable Howard Beale:
The rest of the Cramer interview, in all its unedited glory, here.
Florida GOP chairman demands that Republicans give “unwavering loyalty and support to Chairman Steele” in his time of need. I thought “unwavering loyalty and support” to George W. is what got them in this mess, but anyway … That and the rest of the day’s political news brought to you loyally and unwaveringly in the TPMDC Morning Roundup.
In the second part of my interview with IAVA founder Paul Rieckhoff, he assesses the current state of physical and mental heath care for returning veterans, six years after the invasion of Iraq: