MF Global Was Bad
Things get a little bit worse for Jon Corzine
Things get a little bit worse for Jon Corzine
* Yesterday, we shared Paul Caron’s plan to end the sequester by forcing government officials to experience delays due to air traffic control furloughs. Well, Congress voted to end the furloughs. We should have known that once the sequester inconvenienced a member of Congress this would end. [Reuters via Yahoo!] * Ken Langone does not agree with Richard Farley of Paul Hastings. And tells him so. Loudly. [DealBreaker] * If you’re looking for CLE credits in Houston, check out this event where you can win a semi-automatic 12-gauge shotgun for your trouble. And it counts for Ethics! [NRA Blog] * “Izadi suggested she could pay her law school tuition by turning tricks.” Is a pimp really that much worse than Sallie Mae? [Las Vegas Review Journal] * Overlawyered is now part of the CATO Institute. Enjoy working for the Koch brothers! I hear they’re really easy to work with over there. [Overlawyered] * Getting tossed from a case for “bad behavior”? That’s the Chicago way! [Chicago Tribune] * An interview with American Lawyer Editor-in-Chief Robin Sparkman about the newly released Am Law 100 law firm rankings, after the jump….
Our expert panel explores common sources of profit leakage along with practical steps for improvement.
To get a sense of how old and long-drawn-out the SEC’s insider trading lawsuit against Mark Cuban is, consider this: the company in which he allegedly insider traded was Mamma.com. The .com was right there in the name. Future generations — hell, present generations — will indiscriminately add “.com” to the end of words to […]
* Above the Law promotes real-world change! Complaint filed against a Texas judge after Elie calls him out for being RACEIST! [ABA Journal] * If you were thinking of calling your friend from the Philippines a “skank” on Facebook, you may want to reconsider. [Philippine Inquirer] * If you’re a powerful financial executive, lay off the bath salts. [DealBreaker] * Judicial throwdown at the Second Circuit! Short version: Judge Raagi thinks Judge Jacobs should care way more about punishing guys sexting underage girls. Judge Jacobs thinks Judge Raagi watches too much Dexter. [Second Circuit / FindLaw] * Federal District Judge John Lungstrum calls out a couple trial teams for terrible trial work. Biglaw litigators may not be the best trial attorneys? You don’t say. [New York Personal Injury Attorney Blog] * Kenneth Anderson describes the U.S. government’s longstanding love affair with “imminence” in the context of the Obama drone strike white paper. To borrow from Rev. Lovejoy’s sermon: “Imminence…sweet imminence.” [Lawfare] * Judges: If you’re going to base a decision on a particular fact… don’t include pictures in the opinion that directly contradict that finding. Check out page six, line two and Appendix 2 [Court of Appeals, State of Oregon] * SCOTUSBlog and Bloomberg Law have a competition for law students. Beat your peers AND the SCOTUSBlog team and win $5000. [SCOTUSBlog]
* Obama has made more women federal judges than any other president in history. But he still has a long way to go to match Bill Clinton’s record for being judged by women. [Wall Street Journal] * Let’s agree that neither of the people running for president should be a tax lawyer. [Going Concern] * This story about law firms involved in a class action suit allows me to quote one of the great Abraham Lincoln lines, as retold by the late Shelby Foote: “There’s too many pigs for the tits.” [Forbes] * Proof that bankers have a better life. [Dealbreaker] * Did you know that there is a typo on the Liberty Bell? [Josh Blackman's Blog] * Louisiana has a problem with deadbeat corporations that owe money to the state. Apparently, businesses run from their debts just as well as students. [Lexis Tax Community]
Ed. note: This post was written by Matt Levine, the new editor on our sister site, Dealbreaker, and Elie Mystal. Matt here. You might think that Dealbreaker HQ exists only metaphorically in virtual space, or maybe in the fan fiction you’re hiding in your desk, but in fact Bess and I share a real physical […]
Darrow is building a new category of legal intelligence — one that helps firms understand complex legal landscapes earlier, more clearly, and with greater confidence.
A lot of my closest friends are male. It’s probably because we share the same sense of humor about most things. But sometimes broish pranks cross the line from being funny to freakin’ disgusting at warp speed. Guys, here’s a little tip: anything outside of the bedroom that has to do with giving a girl […]
If you are lawyer who is looking for a career change, you really might want to give blogging a try. You won’t make as much money as you would in a Biglaw job. You probably won’t make as much as you would working for a well-respected small law firm. But money isn’t everything. Take it […]
You know the only thing worse than getting run over by some rich joker in a Mercedes-Benz? Getting run over by a rich joker in a Mercedes-Benz who gets a slap on the wrist because his Mercedes-Benz is a brand-new Mercedes-Benz. Dr. Steven Milo knows that pain all too well. Our sister site, Dealbreaker, explains […]
* An interesting way of thinking about your law firm experience, from Yolanda Young (of Young v. Covington & Burling fame). [On Being A Black Lawyer] * Some advice for lawyers: be sure to give your secretary a really nice holiday gift. [Young Lawyers Blog] * Do you prefer a Jewish lawyer? You’re in good […]
It’s the key to long-term success in an uncertain business climate.
A Dealbreaker reader was out and about on the Upper West Side, and something caught his eye. He moved in for a closer look, snapped a photo, and sent it to Dealbreaker. Our colleague Bess Levin has been having a grand old time ever since. Me? I just want people to see it before they […]
You know the old joke: How many Harvard men does it take to screw in a light bulb? Just one; he holds the bulb in place while the world revolves around him. Many a Harvard man takes that approach to household maintenance, professional endeavors, and even dating. You’re not going to believe this, but some […]