This is a very important step, and hopefully something like these proposals will go forward. As with the collusive accounting practices that were a major part of the Enron scandal, the principal-agent problems with the ratings agencies are indeed severe — it’s not just that the ratings agencies have their own independent interests, but that […]
Month: September 2009
The Yankees may not use the greatest pitcher athlete in Yankee known human history in their post-season rotation? If they remember his countless great starts — why, who can forget that masterful
An interesting article by Jess Bravin about Sotomayor’s recent oral argument queries about whether treating corporations as the equivalent of persons for constitutional purposes: But Justice Sot
Which given the current polling context, is not news that Labour need. While in the early summer I speculated that Labour still had a chance for a hung parliament, especially with the replacement of Gordon Brown with Alan Johnson, now that looks highly unlikely. The Lib Dems and Labour present the UK with the most […]
Michael Barone. (Am I right to remember that Barone once had a reputation as being something other than a fourth-rate op-ed propagandist?) See also, although of course even if Gladney was a genuine vi
…conservatives pulsed with outrage over an actual outrage. Or not.
It’s always difficult to figure out what’s going on from news reports regarding a criminal investigation, but this story raises a lot of questions. First, why isn’t Zazi being charged under one of several very broadly-worded federal anti-terrorism statutes? If, as the FBI asserts, Zazi admitted attending courses “at an al-Qaeda training facility in the […]
Some people evidently had too much time on their hands: Donald Rumsfeld had to be talked out of editing his own entry on Wikipedia, which he referred to as “Wika-wakka.” He was a Drudge Re
I obviously agree with Ed Kilgore’s point that voting for cloture should be the minimal acceptable standard for being a Democratic caucus member in good standing, but I think this is an especial
Mike Goldfarb and I have fun re: missile defense. Here Mike insists that Obama will pay a price for killing the Eastern European system, and I disagree:
Holy crap. Not only did we not break Oregon State’s hallowed PAC-10 record of futility, thanks to Idaho (for whom one of my future brothers-in-law works for), but on the heels of the 16-13 upset
It’s kind of sad to see how much Kaus still has invested, and attempting to tar Elizabeth Edwards for the sins of her husband is especially unseemly, but I’ll say this: if Edwards fatherin