When JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon testifies in the U.S. House today, he will present himself as a champion of free-market capitalism in opposition to an overweening government. His position would be more convincing if his bank weren’t such a beneficiary of corporate welfare.
Kurzon Strauss LLP was sued by the Thomas M. Cooley Law School over claims the New York law firm and two of its lawyers falsely claimed on websites that the school misrepresented graduate employment statistics.
The multipronged attack carried out by a Taliban faction in Afghanistan last weekend, including sustained raids in the capital’s diplomatic quarter and on Parliament, was meant, the New York Times reported, to “undermine confidence in NATO and Afghan military gains.”
Officials in Sacramento, California, are furious that the owners of the Kings basketball franchise, the Maloof family, said they are backing out of a handshake deal in February to invest $73 million in a project to build a new arena downtown.