To-Do List: Isaac Downgraded; Bain’s Bailout
Source: www.newyorker.com - Thursday, August 30, 2012
To know: Isaac has been downgraded to a tropical storm, though massive flooding still persists in New Orleans after a levee was breached … At a conference in Tehran, Mohammed Morsi, the new Egyptian President, said that the Assad regime in Syria has lost all its legitimacy … Former Governor Mike Huckabee voiced his support of Todd Akin to hundreds of Southern Baptists, calling him a “solution” to groups like Planned Parenthood … Barclays announced Antony Jenkins as its new C.E.O., replacing Bob Diamond, who resigned after Barclays’ admission that it attempted to tamper with LIBOR … An Institute of Aging study that began in 1987 reveals that calorie restriction and starvation diets do nothing to increase longevity in humans. To read: Tim Dickinson at Rolling Stone writes about the federal bailout that used to keep Bain afloat: According to the candidate’s mythology, Romney took leave of his duties at the private equity firm Bain Capital in 1990 and rode in on a white horse to lead a swift restructuring of Bain & Company, preventing the collapse of the consulting firm where his career began. When The Boston Globe reported on the rescue at the time of his Senate run against Ted Kennedy, campaign aides spun Romney as the wizard behind a “long-shot miracle,” bragging that he had “saved bank depositors all over the country $30 million when he saved Bain & Company.” In fact, government documents on the bailout obtained by Rolling Stone Bad Behavior in Tampa
Source: newsbusters.org - Wednesday, August 29, 2012
Romneys ‘Happy to Have a Party With Black People Drowning’ | NewsBusters.org
