Day: January 5, 2010

The Barriester’s Dream – Plaintiffs’ Oppose Scruggs’ Motion to Dismiss

He dreamed that he stood in a shadowy Court,
Where the Snark, with a glass in its eye,
Dressed in gown, bands, and wig, was defending a pig
On the charge of deserting its sty.

Plaintiffs Lee Young and Charles Mikhail, Young v Scruggs, have filed a because-we-say-it-isn’t-so-Opposition to Scruggs’ Motion to Dismiss. Admittedly, I’m not an attorney, so I may err in thinking a judge should not be asked to grade papers and give them back for correction; but… Continue reading “The Barriester’s Dream – Plaintiffs’ Oppose Scruggs’ Motion to Dismiss”

The Center cannot hold! While financial issues churn, Kingsway Financial Services burns. KFS = Kentucky Fried Shareholders?

TURNING and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
Are full of passionate intensity.

TURNING and turning in the widening gyre
Surely some revelation is at hand;
Surely the Second Coming is at hand.
The Second Coming! Hardly are those words out
When a vast image out of Spiritus Mundi
Troubles my sight: somewhere in sands of the desert
A shape with lion body and the head of a man,
A gaze blank and pitiless as the sun,
Is moving its slow thighs, while all about it
Reel shadows of the indignant desert birds.
The darkness drops again; but now I know
That twenty centuries of stony sleep
Were vexed to nightmare by a rocking cradle,
And what rough beast, its hour come round at last,
Slouches towards Bethlehem to be born

Nowdy my mind is open to the possibility Kingsway Financial Services has been slabbed. God bless the innocent employees and shareholders. Continue reading “The Center cannot hold! While financial issues churn, Kingsway Financial Services burns. KFS = Kentucky Fried Shareholders?”

Even a zealous advocate might perceive that such an argument hints at hypocrisy

Oh, how I wish I could report the judge who said that was one of our own.  Maybe someday soon I’ll be able to do just that- but the story of the moment  is Rakoff’s back!

It’s a new year, but so far, the same old (sad) song continues to play for Bank of America in the courtroom of Manhattan federal district court Judge Jed Rakoff, who’s overseeing the Securities and Exchange Commission’s suit against the beleaguered bank. On Monday, Rakoff ruled that BofA cannot present expert testimony asserting that media reports should have alerted shareholders to the billions it planned to pay Merrill Lynch executives after the 2008 merger. Continue reading “Even a zealous advocate might perceive that such an argument hints at hypocrisy”