New Orleans Let’s look at some follow-up. * We have a report from Houston from Orell Fitzsimmons. Power is still down, but to his shock the telephone was working yesterday, so he was able to call out. His tree had fallen, missing the house and his car, but blocking the street. He told me …
Category: Personal Writings
Regulate Now!
New Orleans It seems clear we are now looking at an implosion on Wall Street and of financial institutions of almost historic proportion. The news all weekend and widely confirmed by headlines across the country recorded the collapse of Lehman Brothers and its eminent liquidation and bankruptcy under Chapter 11, and the bargain basement …
Day Late and FEMA Short
New Orleans Predictably now that Gustav is a fading memory for some three weeks old and Ike is now kicking us from the Louisiana coast to the terrible devastation in Galveston with rain and power outages in Houston, FEMA finally calls itself “clarifying” its position on reimbursements and hotels. A piece in the …