Group Think, Duct Tape and Slam Dunks
The 17th floor, where wealth went to vanish By Diana B. Henriques and Alex Berenson Monday, December 15, 2008 The epicenter of what may be the largest Ponzi scheme in history was the 17th floor of the Lipstick Building, an oval red-granite building rising 34 floors above Third Avenue in Midtown Manhattan. A busy stock-trading […]
MoreCHICAGO, Illinois (CNN) President-elect Barack Obama has picked GOP Rep. Ray LaHood of Illinois to be his nominee for transportation secretary, two sources told CNN on Wednesday. Two Democratic sources also said Obama will tap Mary Schapiro to head the Securities and Exchange Commission. Schapiro is CEO of the Financial Industry Regulatory Authority, the largest […]
MoreT H I N K P R O G R E S S In April, Sen. John McCain (R-AZ) claimed that “you could make an argument that there’s been great progress economically” since President Bush took office. He then revised that argument in August, releasing an ad that declared “we’re worse off than we were […]
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