If street thugs were to hold up a convenience store and drive off with $1 million, it would be national news. But when a venerable Boston bank rips off California's two largest pension funds for $56 million, it's business-as-usual -- at least to the anchors of CNBC.
State Street Bank...
0 Comments | Posted September 22, 2009 | 1:22 AM
Some called Beverly Hills financial adviser Stanley Chais an investment wizard, but in reality he was nothing more than a glorified middleman, channeling hundreds of millions of dollars in investors' funds to Bernie Madoff in New York.
Chais claimed to generate 20 to 25 percent returns for his clients through...
0 Comments | Posted March 3, 2009 | 3:38 PM
The California Supreme Court finds itself center stage this Thursday when it will hear oral arguments on whether it should uphold Proposition 8's ban on same-sex marriage.
The case touches the heart of our democracy and poses a profound question: can a bare majority of voters strip away an inalienable...
0 Comments | Posted November 2, 2008 | 8:16 AM
0 Comments | Posted May 9, 2005 | 11:48 PM
Scanning the TV news tonight, I was struck again by the massive and incoherent stimuli transmitted to American minds in the guise of national news. Is it a post-modern nightmare or Dante's Inferno?
The rapid shift from one image or story to another--now comic, now trivial, now tragic--undermines one's...

0 Comments | Posted October 21, 2009 | 4:04 PM