In "Taliban resurgence pushes troops to change tack,"Al Jazeera's Josh Rushing joins U.S. troops on the frontline in Afghanistan. Watch this and then ask yourself: Why isn't this as freely available on your cable as CNN or Fox News? And yes, you've heard Rushing's name; he's the former Marine flack during the Iraq invasion who was featured in the documentary Control Room and then defied the Pentagon by talking about his experiences with Al Jazeera. Now he works for Al Jazeera.
Despite crippling losses, multibillion-dollar bailouts and the passing of some of the most prominent names in the business, employees at financial companies in New York, the now-diminished world capital of capital, collected an estimated $18.4 billion in bonuses for the year.
That was the sixth-largest haul on record, according to a report released Wednesday by the New York State comptroller.
While the payouts paled next to the riches of recent years, Wall Street workers still took home about as much as they did in 2004, when the Dow Jones industrial average was flying above 10,000, on its way to a record high.
On the other hand, you can say that capitalism is in trouble, judging by the surprisingly cynical, lively tone of Ben White's above story.
Yes, the fact that the bonuses sharply fell indicates trouble on Wall Street. But the main thing it indicates is that the bonuses in past years have been staggeringly unconscionable and are now falling back to being merely unconscionable.
In any case, Barack Obama, the nation's first Kenyan-Kansan president, has already used his bully pulpit to preach social responsibility and rail against greed. Looks as if he might have to summon these Wall Street gangsters to the basketball court and posterize them. You know, add them to his In-Your-Facebook.
And you can just ignore the caterwauling by Capitol Hill's Republicans about Obama's stimulus plan. Even the Wall Street Journalreports that corporate types look favorably on Obama's package.
For those of us accident victims bleeding after being run over on Wall Street or gasping for breath at the foot of Capitol Hill, that stimulus package can't come too soon. The depression is finally hitting home: I almost dropped my laptop when I heard that profits earned by my Sony baby daddy dropped by 95 percent. Poor little laptop overheats as it is.
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George Mitchell, President Barack Obama's special Middle East troubleshooter, was chairman of a law firm that was paid about $8 million representing Dubai's ruler in connection with a child-trafficking lawsuit.
...the bank suddenly began pulling its millions out of [funds that invested with Madoff] in early autumn, months before Mr. Madoff was arrested, according to accounts from Europe and New York that were subsequently confirmed by the bank. The bank did not notify investors of its move, and several of them are furious that it protected itself but left them holding notes that the bank itself now says are probably worthless.
Bernie Madoff is whining to anyone who'll listen that he's being held captive in his palatial penthouse and unable to traipse around the Big Apple as he did before being busted for running a $50 billion Ponzi scheme, a source familiar with the scam artist told the Post.
"I'm a prisoner in my own house!" Madoff fumed. "I can't go anywhere! I'm stuck here all day!"...
In recent days, The Post has learned, private contractors have been moving at the request of federal authorities to install wiretaps on Madoff's apartment phones and computers.
"If he surfs the Web or makes a call, it's going to be tracked," a source said.