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Archive for the 'Congress' Tag

Consol Energy’s gift of coal for the holidays…

Monday, December 8th, 2008

Sure, it’s the holiday season, but judging by this 8K that Consol Energy (CNX) filed on Friday afternoon, there’s going to be some disappointed people in Washington D.C. this holiday season. And the fact that it’s a coal company doing this seems ironic indeed. That’s because in one of the odder 8Ks we’ve seen here [...]

Odds and ends…

Thursday, November 20th, 2008

Lots of stuff going on today, so rather than a regular post, here’s some things worth paying attention to: House agriculture hearing (which I’m listening in on right now) on credit default swaps. This is a follow-up to last month’s hearing. Among those testifying is the SEC’s Eric Sirri, whose prepared testimony is here. Apparently, [...]

Live blogging hedge fund hearing!

Thursday, November 13th, 2008

Today’s main event — the fifth in a series of hearings examining the market meltdown — is likely to be a lively hearing featuring five top hedge fund managers and a group of professors, among them former SEC Chairman David Ruder. The prepared testimony is available on the committee’s site. Henry Waxman just opened the [...]

Companies assess (or at least guess) impact of new Obama Administration…

Friday, November 7th, 2008

Even before Tuesday’s election results, companies began contemplating what the change in Administration would mean for them. But now that the results have come in (for the most part, anyway, since there’s still 9 House and Senate seats in limbo), companies are beginning to spell out their concerns as well as their hopes and dreams [...]

On the politics of subprime and sex party houses….

Monday, November 3rd, 2008

I’ve been down in Bradenton, Florida the past few days where I started my career as a journalist. After spending the weekend walking door to door to get out the vote for Barack Obama, I’m now turning my attention to reporting and plan to attend the daily 11 a.m. foreclosure sale run by the Manatee [...]