…commercial annuities because of the charitable component of the contract. Payments are structured so that about 50 percent of the donation will ultimately go to the charity, whereas commercial annuities…
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The SEC’s Race To Restore Municipal Bond Integrity
…a complex bond deal that risked the securities’ tax-free status while failing to disclose the risk to investors. Both Harrisburg and South Miami agreed to settle. As is common in…
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A Smoother Path For Future Doctors
…schools are likely to try to follow suit if they can. If nothing else, we can expect the applicant pool at NYU’s already competitive program to get much more competitive…
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Costly Clickbait
…Gawker was certainly free to editorialize about Bollea’s sex life, at least to the extent he brought that topic into the public sphere. But it was not free to commercially…
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Ding-Dong! Your Credit Card Company Comes Calling
…always worth less than the retail price as soon as they come out of the box. Card companies make up for that risk by charging very high interest rates, which…
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Giancarlo Stanton Makes Pitches and $90 Million Disappear
…his contract and become a free agent, but unless he has reason to think he will be able to earn more than the $218 million he’s due in the final…
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Trouser Trouble
The Republican Party used to be identified with free enterprise, fiscal discipline and personal liberty; it was the party of Lincoln. Now it can’t get past its own meanness. Having…
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Waiting For The Dead To Step Forward
As a rule, dead folks are not very diligent about exercising their rights. Some life insurance companies have profited from this tendency for a long time, but their free ride…
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Giving Wisconsin Taxpayers A Say On Pay
…battleground in the fight to give taxpayers a say over what they pay. My friends are all for such democracy when it comes to shareholders in private companies. It puzzles…
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Immigration Politics, Present And Future
…live and work openly, what will really have changed? These people are here anyway, and most are already working in the shadowy corners of our economy. They don’t have government…
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