Sunday, May 24, 2009

MOH Citation for George Mallon

MOH Citation for George Mallon

Becoming separated from the balance of his company because of a fog, Capt. Mallon, with 9 soldiers, pushed forward and attacked 9 active hostile machineguns, capturing.....follow the link to read the full citation. Happy Memorial Day!!

TARP Warrants Show Banks May Reap ‘Ruthless Bargain’ (Update2) -

TARP Warrants Show Banks May Reap ‘Ruthless Bargain’ (Update2) - "Because Old National was the first to repay TARP money and buy its rights back, the transaction “sets the price point for the whole program,” said Simon Johnson, a fellow at the Peterson Institute for International Economics in Washington.

“The point of the warrants is that taxpayers participate in the upside,” said Johnson, who testified on the securities before Miller’s subcommittee on May 19. “It defeats the whole purpose if you’re going to sell them way below market price.”"

Friday, May 22, 2009

Tobacco racketeers lied

U.S. appeals court finds tobacco companies lied | U.S. | Reuters

Merchants of death apparently didn't care whether their customers lived or died.

US Appeals court says ""Defendants knew of their falsity at the time and made the statements with the intent to deceive," said the 92-page ruling. "Thus, we are not dealing with accidental falsehoods, or sincere attempts to persuade; Defendants' liability rests on deceits perpetrated with knowledge of their falsity.""