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Leech Wisdom (Not a Hoax)
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Another Simple Desultory Philippic*
One doesn’t have to look to the Paris Review or Poetry Magazine or The New York Review of Books for profound insight. Here’s a bit of wisdom from an interview with Sam Hamill—”poet, publisher, editor and translator, [who] co-founded the Copper Canyon Press in 1972″—published online at The Kearney Hub in Kearney, Nebraska. Hamill remarks: “The way of poetry […] shows us that our lives are simply an instrument of our practice. If we alter our practice, we change our lives.Read More
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Bank of America’s Lewis Testifies, Gets Subpoena Over Bonuses
“‘The attorney general [Andrew Cuomo] is severely disappointed in Bank of America’s decision in not turning over specific information: who got what bonus at Merrill Lynch,’ [Benjamin] Lawsky said.” [Lawsky is a special assistant to Cuomo.] Pig-boy Lewis’s take? “’I answered the questions that were asked to the best of my knowledge,’ Lewis, 61, said yesterday after the deposition, before being driven away from the attorney general’s office in lower Manhattan in a black Lincoln Navigator.Read More
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How You Know You’re a Capitalist Pig
Wilbur Ross: Possibly a Thousand Banks Will CloseBy CNBC.com | 15 Sep 2008 | 02:12 AM ET In an exclusive interview with CNBC.com, Wilbur Ross, chairman and CEO of WL Ross & Co., says he sees possibly as many as a thousand bank closures in the coming months. And this will create opportunities for investors. “I do think a lot of the regional ones will (close), just as they did in the last savings and loan crisis in the 1990s,” Ross said. Ross says he will be looking to pick up smaller distressed institutions.Read More