Month: June 2011

Italy Gets Cold Feet

You gotta love the resolve: Italy called for a suspension of hostilities in Libya on Wednesday in the latest sign of dissent within NATO as the civilian death toll mounts and Moamer Kadhafi shows no signs of quitting power....

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Gluetrapped in Afghanistan

Afghanistan appears to be a gluetrap. You can get in, but you can’t get out. I’ll wait to see what the president announces tonight, but, at best, he’s going to remove the 30,000 troops he inserted in...

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Nuttiness in South Carolina

South Carolina has a history of being a big deal in presidential primaries. You might remember Barack Obama’s stunningly dominant performance there in 2008 that prompted Bill Clinton to compare him to Jesse Jackson and...

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JP Morgan Pays SEC Chump Change for Fraud

Ho Hum, the SEC settles a securities fraud case against JP Morgan for $153.6 million. The civil case against JP Morgan was based on the sale of collateralized debt obligations (CDOs) composed of securitized mortgages, the same...

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