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JOHN THAIN. RICK WAGONER. SASHA OBAMA?

Sasha Obama, you better watch yourself — some major outrage may be headed in your direction: “This is a girl who held lavish tea parties while banks across the country were failing,” CFR spokesperson Linda Carlson said. “At these galas, Ms. Obama would often entertain a number of her associates, including a so-called ‘Mr. Fuzzles’ […]

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HUNTING BLACK SWAN.

In today’s Financial Times, black swan theorist Nassim Nicholas Taleb lists 10 ways to prevent cataclysmic and unpredictable economic events like … this one. Taleb’s general argument is that our economy should be composed of many small entities rather than a few behemoths capable of taking down the whole system. Most of his points feel […]

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TROUBLE IN PARADISE CITY.

Kwame Brown, a D.C. councilmember, has come up with a novel solution to the voting rights conundrum: fight guns with sex workers roses. Recently, legislation that would grant the District real representation in the House was stalled by a D.C.-specific anti-gun control amendment introduced by Sen. John Ensign. Since this makes apparent that the Nevada […]

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CAPTION CONTEST: COORDINATED ECONOMIC ACTION.

This is actually sort of adorable. At today’s AIG hearing, Ben Bernanke and Tim Geithner sported identical ensembles. While their shared sartorial choice doesn’t exactly blow minds, the outfit suggests a prudent decision-making process and an all-business-no-nonsense attitude — exactly the sort of message you want to send when you’re trying to convince people that […]

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LAWKWARD.

Elena Kagan found herself in a slightly uncomfortable position when she appeared before the Senate Judiciary Committee. There were no cringe-worthy reveals about coke cans and pubic hairs, and certainly no one “borked” her during her hearing. Instead, the solicitor general-designate was simply busted for not practicing what she preached: She once wrote that nominees […]

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THE UPSIDE TO THE DOWNTURN.

The misery wrought by the recession is practically universal. Unemployment numbers continue to rise; funding cuts still plague schools and hospitals; and once slick dudes now find it harder to woo hot babes. The economic crisis might not be all bad, though: Budget shortfalls may actually push legislatures to adopt sounder legal policy. With fewer […]

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THIS BIKE IS NOT A PIPE BOMB.

Jeffrey Goldberg wasn’t trying hard enough. Despite stuffing Hezbollah flags into his carry-ons and waving fake boarding passes under the noses of security employees, Goldberg was unable to get TSA sufficiently riled up. His efforts were wasted. Looks like all you have to do is affix the sticker of your favorite Florida folk-punk band to […]

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A PERFECT STORM OF POLICY FAILURE

More than three years after Katrina, news from New Orleans continues to churn up some of the more ugly aspects of American life. The New York Times reports that Latino laborers working on city reconstruction have become prime targets of violent muggings: It is an under-the-radar crime epidemic: unarmed Hispanic workers are regularly mugged, beaten, […]

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