Monthly Archives: December 2008

WHAT DO CONTRACT LAWYERS DO ANYWAY?

WHAT DO CONTRACT LAWYERS DO ANYWAY? A friend of mine who is a litigator once asked me— and he was completely serious— how contract lawyers could spend so much time on a large transaction. After all, he said, once you … Continue reading

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IMPOSTORS IN EMPTY OFFICES (CONTINUED).

IMPOSTORS IN EMPTY OFFICES (CONTINUED). I posted earlier in the week about a prominent American lawyer who was arrested in Canada after going in to a conference room and trying to borrow a large sum of money by pretending to … Continue reading

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LESSONS: THE TWO PER CENT RULE OF THUMB.

LESSONS: THE TWO PER CENT RULE OF THUMB. Kids, I am linking to this article because it repeats an important economic and historical fact: “over the long-run real per capita economic growth in the United States, over and above inflation, … Continue reading

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LESSONS: THINGS DON’T GO STRAIGHT UP.

LESSONS: THINGS DON’T GO STRAIGHT UP. Kids, as Annalisa noted some time ago, stock prices and profits and other financial variables don’t usually go straight up. They move randomly and are affected by the ups and downs of the economy. … Continue reading

Posted in Economics | 5 Comments

THE HANDS OF THE CLOCK STUCK STRAIGHT OUT.

THE HANDS OF THE CLOCK STUCK STRAIGHT OUT. The Illinois Constitution used to provide that the legislature could take no action after midnight on June 30. (This was the Illinois Constitution that provided that the official language of the state … Continue reading

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HOW CORRUPT IS ILLINOIS?

HOW CORRUPT IS ILLINOIS? Political corruption in Illinois is in the news over allegations that the Governor has attempted to auction the appointment to succeed President Obama in the Senate. I posted here on some rascals in Illinois history–on William … Continue reading

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LENDING MILLIONS TO AN UNKNOWN MAN (REVISITED)

LENDING MILLIONS TO AN UNKNOWN MAN (REVISITED). In looking at the post from April I linked to today, I note that the victim of the scam was Lehman Brothers. Only a few months later I was posting on Lehman’s inability … Continue reading

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IMPOSTORS IN EMPTY OFFICES (AGAIN).

IMPOSTORS IN EMPTY OFFICES (AGAIN). I posted here about two scams which had involved an outsider pretending to be a representative of a company by using a company conference room. Here is a story that claims a prominent American lawyer … Continue reading

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THE COLLECTED E MAILS OF….

THE COLLECTED E MAILS OF…. We are fascinated by the shreds of evidence that archaeologists come up with about the daily lives of people in the past. Think of the masses of data that will be available to future historians … Continue reading

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THE INTERNET IS FOREVER (COMMENT).

THE INTERNET IS FOREVER (COMMENT). Dick Weisfelder commented here that “I have some reservations about every bit of trivia I write being recorded for posterity.” It is hard to get used to the fact that items on the internet may … Continue reading

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