| In Search of a Subprime Villain
And turn-of-the-21st century book-cooking had poster boys Jeff Skilling and Bernie Ebbers. Now, the subprime meltdown cries out for its own icon—an easily vilified, Leno-quotable, high-seven-figured household name. If there were Vegas odds for this kind of thing, the money would be on Angelo Mozilo, founder and chief executive of Countrywide Financial (CFC), the largest U.S. mortgage lender and the source of so many of the bad home loans that have gummed up the global financial system. But don't finger Mozilo just yet. The scale, ripple effect, and emotional particulars of this bust make it uniquely hard to pin on one character. Countrywide will become less newsworthy as it is acquired by Bank of America (BAC), an outcome regulators want to hasten. And the more we dissect the subprime episode, the more we'll want to put the whole affair out of our minds altogether.
Governor closes gun purchase loophole
Kaine has appointed an eight-member panel to dissect the Tech shootings and recommend steps to prevent similar calamities. - Reported by Michael Sluss WEDNESDAY, April 25, 3:34 p.m. Police officers climbing a stairwell to the second floor of Norris Hall heard a final gunshot as Seung-Hui Cho shot himself in the head, ending a nine-minute spree in which he fired more than 170 rounds in the classroom building at Virginia Tech last Monday, police said today during a press conference today. Officers shot their way through a door to get into Norris Hall, Virginia Tech Police Chief Wendell Flinchum said. Flinchum said that he and Blacksburg Police Chief Kimberley S. Crannis used bolt cutters to get through one of three doors Cho had chained shut before starting his rampage.
Republicans trade harsher charges as top Democrats wrangle over ...
It's my estimation this was all a very well constructed attack plan by Oprah's gigantic, & extremely well oiled multimedia machine, when she decided to influence the next presidential election, with her power parlay move. And to these same throngs of mindless Obamabots who keep bringing up this "experience issue" when comparing Hillary to Obama, one only has to compare the first day of occupancy of the next couple to get into the White House with all previous couples who've occupied the White House to understand how experience matters. On day one, the Obama's wouldn't even register on a comparison scale, while the Clintons could quite possibly beat *all* previous presidential couples who've occupied the White House in terms of experience, ability, & power. I hope this clears up this experience issue for you now.
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