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Romney and the Bain Bordello

If you’re just playing the piano in a whorehouse, maybe people will believe you didn’t know what was going on upstairs. But if you claim to be the madam – “sole stockholder, chairman of the board, chief executive officer, and president” – that gets a lot harder, especially if you make the claim in SEC […]

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Arrogance and Mediocrity

I’m on my way back to LA tomorrow after a quick trip to London. Today included a meeting with a senior figure in the crime-policy world here, who was reflecting on how hard it is to improve the British police service. He identified, as a central problem, what he called “BPW”: the need to start […]

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Offshore Mitt

With the AP following Vanity Fair in going after Mitt Romney’s tangled web of offshore investment vehicles, and Ted Strickland picking up on it on behalf of the Obama campaign, it looks as if Romney’s taste in investment vehicles will join Bain’s record of job destruction in this year’s campaign arsenal. Josh Marshall argues that […]

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Fast and … Loose?

Just in time for the Darrell Issa/NRA attempt to cite the Attorney General for Contempt of Congress, Katherine Eban of Fortune reports on what actually happened in the “Fast and Furious” case. Answer: not much. ATF tried to make cases against a group of gun-runners, but couldn’t get prosecutors interested. One of the suspects bought […]

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Life Without Parole for Juveniles

I’ve never studied any of the esoteric disciplines – such as Kabbalah or Con Law – so I have no idea whether yesterday’s decision about mandatory life-without-parole for juveniles – the one that sparked a hissy-fit from Justice Alito – is good law or not. But to give you some idea how absolutely uncontroversial it […]

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With-a-fountain-pen Dep’t

Facebook went public at $38 per share, and is now trading at $30. So Morgan Stanley, the lead underwriter, and its accomplices partners at Goldman and J.P. Morgan, did an excellent job for their customers (Facebook and its selling shareholders, including Goldman itself) while leaving the public – including Morgan Stanley’s own retail customers at […]

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