Monthly Archive: July 2016

PGA Is All Wet

The PGA Championship, golf’s final major of the year, will wrap up today, weather permitting. The tournament usually takes place in the middle of August but was moved up a couple of weeks in...

Layoffs At Lloyds May Be Start Of Brexit Impact

Lloyds Bank announced that it would cut around 3,000 jobs and close around 200 branches by the end of next year.  Lloyds was already under pressure to reduce costs as it already had announced...

Bridgewater Problems Should Be No Surprise

I don’t think anyone in the financial industry is that surprised by the accusations of sexual harassment the Bridgewater hedge fund.  Yes, Bridgewater is full of really smart people who are incredibly driven and...

More Abuse Of Civil Forfeiture Law

Here is another example where a local police department seems to have become a law unto themselves. Civil forfeiture allows police departments to seize cash and/or property if it is in any way related...

Rubio Thinks Trump Can Learn On The Job

Marco Rubio has hit a new low in his defense of Donald Trump’s rash statements at his press conference yesterday as he basically said that Trump could learn on the job. Rubio said, “…as...

Full Text Of Hillary's Acceptance Speech

Below is the full text of Hillary Clinton’s speech to the Democratic convention last night: Thank you! Thank you for that amazing welcome.And Chelsea, thank you. I’m so proud to be your mother and...