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The Prince of Regulation
Get a load of the letter that New York Attorney General Andrew Cuomo, the new Prince of Regulation, sent to about ten Wall Street firms the other day: We believe that the Board of Directors is most appropriately positioned...
The Nacchio debacle
I'm shocked, absolutely shocked, that a former Enron Task Force member would have ever been involved in improperly suppressing exculpatory testimony at trial that would ultimately lead to the Tenth Circuit's reversal of the conviction of former Qwest CEO,...
The Spitzer Lesson
The mainstream media and the blogosphere have been buzzing over the past 24 hours regarding the fall from grace of New York's governor and former Lord of Regulation, Eliot Spitzer. As noted in this previous post, there is an...
The winds of prosecutorial power
When the Department of Justice decided to prosecute Arthur Andersen out of business despite a manifestly weak case, that confirmed that the creation of enormous wealth for thousands of employees and an impeccable reputation built over decades of fine work...
The wisdom of U.S. Presidential campaigns
Much is wrong with U.S. Presidential campaigns. They last much too long, are far too expensive and the rhetoric is mostly mind-numbing. However, for all its faults, the messy process does have a way of eliminating the candidates that need...
A truly frightening thought
It's been comforting that John Edwards' demagoguery has not generated the type of buzz and political support that would make him a top contender for the Democratic Party's presidential nomination. However, this Robert Novak/Rasmussen blurb ended my sense of comfort:...
At least he's consistent
Well, at least Rudy Giuliani behaved consistently both before and after becoming Mayor of New York City (Reason's David Weigel also provides this interesting Giuliani piece along the same lines). Having said that, I don't think that's the type of...
The Thompson plan
Last week, Ironman over at Political Calculations reviewed the Giuliani income tax simplification plan. This week, he tackles the even more impressively simple tax simplification plan advocated by GOP Presidential candidate, Fred Thompson. Of course, as if on cue, Thompson...
What's missing in the tax debate
Wouldn't it be nice if at least one of the Presidential candidates would embrace the basic reform that is really needed in the U.S. tax system? Simply simplification. Previous posts on tax simplification issues are here. Interestingly, one of my...
Giuliani's ideas on transparent government
Jim Dwyer of the NY Times reports that Republican presidential candidate Rudy Giuliani's ideas about transparency in government are quite similar to his crimebuster practices....
"Crimebuster" Giuliani?
The NY Times' Michael Powell reviews how Republican presidential candidate Rudy Giuliani made a name for himself prosecuting criminals in New York City. Of course, part of that popular legacy is Giuliani's highly-publicized prosecution of Michael Milken and the related...
Considering Giuliani
Daniel Drezner has an interesting recent observation about Rudy Giuliani's presidential bid: Take this for what you will: Over the past month, I've had at least two dozen conversations with various people about Rudy Giuliani's presidential campaign. A lot of...
Giuliani's hypocrisy
Doug Berman notes that Rudy Giuliani thinks that Scooter Libby got a raw deal. That is unquestionably correct, but what Giuliani failed to mention is that he is one of the politicians primarily responsible for the culture of criminalization that...
The pro-business candidate?
So, Steve Forbes thinks that Rudy Giuliani is the best free market candidate in the upcoming U.S. Presidential election. Forbes is wrong. As noted in earlier posts here and here, Giuliani has a legacy of dubious prosecutions of businesspeople --...
How much do they charge him for making copies?
Speaking of Rudy Giuliani, it looks as if his recent association with Houston-based Bracewell & Giuliani is making for some rather interesting associations: Rudolph W. Giuliani’s law firm has lobbied for years on behalf of an oil company controlled by...
New York's dockside bully
In the movie A Man for All Seasons, Sir Thomas More had the following exchange with King Henry VIII's henchman, Thomas Cromwell, when Cromwell threatened Sir Thomas for relying on his common law right to remain silent regarding the reasons...
TSU cans Slade for cause
The Board of Regents of Texas Southern University voted Monday to terminate the employment of embattled TSU president Priscilla Slade for cause after an outside law firm's report concluded that Slade and TSU's former chief financial officer had violated TSU...
Thinking about the WSJ's Enron conflict of interest
The Chronicle's Loren Steffy thinks I'm stretching a bit in noting the conflict of interest that the Wall Street Journal has apparently decided to overlook in allowing John Emshwiller to report on the upcoming trial of the Enron Task Force's...
Is the bloom off the Spitzer rose?
Predicting the lifespan of popularity for a demagogue is a risky business, but recent mainstream media pieces certainly indicate that New York AG ("Attorney General" or "Aspiring Governor," take your pick) Eliot Spitzer's fifteen minutes of fame as the nation's...
Big news for Houston law firms
A couple of interesting news items popped up yesterday in regard to the Houston legal community. First, venerable Houston-based law firm Bracewell & Patterson announced that Rudolph W. Giuliani, the former mayor of New York and former U.S. Attorney for...
"AG" means "Aspiring Governor"
New York Attorney General Eliot Spitzer - for whom New York Governor George Pataki's press secretary once noted that "AG" stood for "Aspiring Governor" - confirmed today what everyone who has not lived the past few years on a deserted...
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