“This is an important victory for the rule of law, making clear that there is one set of rules for everyone.” (CD) The Trump family’s charity, the Trump Foundation, agreed to dissolve Tuesday amid a lawsuit filed by New York State which accuses the organization of a “shocking pattern of illegality”—but the Trumps’ legal troubles won’t end with […]
Once upon a time, there was a little-known energy company called Enron. In its 16-year life, it went from being dubbed America’s most innovative company by Fortune Magazine to being the poster child of American corporate deceit. Using a classic recipe for book-cooking, Enron ended up in bankruptcy with jail time for those involved. Its shareholders lost $74 billion in the four years leading up to its bankruptcy in 2001.
Today, Lloyd Blankfein, CEO of Goldman Sachs, told a Bloomberg editor at the Economic Club of New York that he thinks Señor Trumpanzee is just bluffing about starting a trade war. "That’s what you’d do if it was a negotiating position and you wanted to remind your negotiating counterparty of how much firepower you have.
