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January 11, 2008
EPA: Insurer will pay $42 million to remediate Superfund sites.
The insured is bankrupt Fruit of the Loom, the insurer is American International Specialty Lines Insurance Co. Inc. (an AIG company), and there are four sites--in Michigan, New Jersey and Tennessee. See Environmental Protection.
Posted by JD Hull at 11:59 PM | Comments (0)
$4B in stock: Countrywide unloads itself.
Bank of America agrees to acquire Countrywide Financial for $4B in stock
NEW YORK (Thomson Financial) - Bank of America Corp. Friday agreed to acquire Countrywide Financial Corp. for roughly $4 billion in stock.
The deal calls for Bank of America to swap .1822 of a share for each share of Countrywide stock. The transaction values Countrywide shares at roughly $7.16 each, based on Thursday's close. This is roughly a 7.6% discount to the Countrywide's closing price of $7.75 on Thursday. [more]
Posted by Holden Oliver (Kitzbühel Desk) at 11:44 PM | Comments (0)
"First, it's jaywalking. Next, the ascots. And then hard drugs."
Until now, getting weird in Milwaukee was wearing a trench coat, a bow-tie and tassled loafers--all on the same day. But some guys just push the envelope. They learn, the hard way, that there's just no room for sartorial anarchy in the good German mind. The ABA Journal's Daily News notes that this really happened in Milwaukee, a German-American city which, just like WAC?'s beloved Cincinnati, is not known for anything too different or "way out" in white collar life: "Judge Fit to Be Tied Over Ascot-Wearing Lawyer". Brilliant header, color choice.
Posted by Holden Oliver (Kitzbühel Desk) at 08:50 PM | Comments (1)
The Economist on the 2008 election
"Up in the Air" is how this London-based magazine--these days enjoying a role as the Newsweek or Time for the entire West--decribes the post-Iowa and New Hampshire cosmos:
Everything is up in the air. That is not just because this is the most open election in America since 1928 (the last time that no incumbent president or vice-president was in the race); it is because Americans don't really know what they want.
Posted by Holden Oliver (Kitzbühel Desk) at 05:31 AM | Comments (0)
NBC report: Europe watching 2008 contest.
Posted by Holden Oliver (Kitzbühel Desk) at 12:38 AM | Comments (0)
QuizLaw is original, gutsy and fun.
Non-dweeb lawyers from New York and California write it. Dang. We're naming our next son after it: QuizLaw Pennington Oliver. "We're very proud of Quiz'. After Dartmouth, he'll spend a year at the Sorbonne."
Posted by Holden Oliver (Kitzbühel Desk) at 12:14 AM | Comments (0)
"Unprofessional: Wimpy Local Counsel"
From WAC?'s archives, it's here.
Posted by Holden Oliver (Kitzbühel Desk) at 12:00 AM | Comments (0)