Updated at 3.57am BST 3.52am BST John, the guy behind the twitter account for the bar Bad Decisions in Fell's Point, has come to join us, too.
Countrywide may well have known it was spewing bad loans that fell short of its contractual obligations for selling them, but the appellate judges concluded there was no affirmative misstatement about the quality of its mortgages at the time they were sold.
Dimon and Blankfein would love to re-write history so that they could be portrayed as swashbuckling entrepreneurial survivors, men who avoided the bad risks that felled so many others.
Enron is not the first big company to be felled by bad accounting.
Bear Stearns alone faces $18 billion in securities-fraud claims out of an industry total of roughly $200 billion, calculates Mr Whalen.Worse, new legal challenges are emerging all the time, the latest from the federal agency that oversees credit unions, some of which were felled by bad mortgage investments.
Bear Stearns alone faces $18 billion in securities-fraud claims, out of an industry total of roughly $200 billion, calculates Mr Whalen.Worse, new legal challenges are emerging all the time, the latest big one coming from the federal agency that oversees credit unions, some of which were felled by bad mortgage investments.
Fell so far, fell so fast.
With Pontiac and other brands already felled by the bad economy, it is only natural to hope that the Swedish automaker can stick around.
Mr. Rodriguez's lawyers presented him to the court as a "true success story," an altruistic man who rose from hard, humble beginnings to achieve good things, a man who was felled by one bad decision.
"Of course, The Man Who Fell to Earth was bad timing, too.
