Republican U.S. Representative Roscoe Bartlett boasts that he voted against all of President Barack Obama’s economic stimulus plans and was an early member of the House Tea Party Caucus. That’s not good enough for other anti-spending Republicans back home.
American International Group Inc.’s derivatives trading unit in London was a money spinner, which is one reason the bosses in New York were willing to look the other way until it racked up losses. The athletics program at Penn State University, dominated by its now-scandal-tainted football program, isn’t a profit machine unto itself.
Pennsylvania Governor Tom Corbett said the state is reviewing its options after a judge threw out a lawsuit challenging National Collegiate Athletic Association sanctions against Pennsylvania State University for its role in the Jerry Sandusky sex-abuse scandal.
Ivan Seidenberg, the former chairman and chief executive officer of Verizon Communications Inc., said the directory unit Verizon spun off that later filed for bankruptcy was healthy and “completely stable.”
I was surprised when the bishops didn’t declare victory last week. Heeding their protests, President Barack Obama relieved Catholic institutions of the indignity of having to pay directly for contraception for their employees.