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31 Oct 2008, 11:06 am
Now taxpayers aren't just on the hook for the debts but, arguably, for the fate of every corporation that sells them equity.Interestingly, mortgage fund giants Fannie Mae and Freddie Mac both enjoyed this kind of unspoken guarantee before they were nationalised at the start of this crisis. [read post]
31 Oct 2008, 1:55 am
At what point can we declare that the subprime securities lawsuits are not doing particularly well in the courts? [read post]
30 Oct 2008, 4:54 am
"Some of these offenders should be hooked up to GPS tracking," said Raimund Douglas, president of Local 3661 of the American Federation of State, County and Municipal Employees, which represents the state's parole agents. [read post]
29 Oct 2008, 10:28 pm
The developer of private residential land in urban Honolulu sought to subdivide the property, which required hooking up new drainage system to existing lines. [read post]
29 Oct 2008, 2:11 pm
  Once the notice is providing within the required timeframe to both employees and various public officials, then the company is -- for the most part -- off the hook here. [read post]
27 Oct 2008, 6:54 pm
The extensive comments at our post, Supreme Court of Canada to Child Support Payors: Income Increases Must be Disclosed will illustrate the competing arguments in this highly charged discussion:Maybe before bashing your husband's ex wife for receiving payments for her child as per the law, you should have thought of that before having more children with this man who seems to have a problem with supporting his first child, secondly his 1st child should have the lifestyle she had before his or… [read post]
27 Oct 2008, 4:12 pm
Be creative, do not get hooked on a catchy domain that only you believe you need to have. [read post]
26 Oct 2008, 7:35 pm
They contributed the money that Dodd may be using to pay for his defense, and he supported putting taxpayers on the hook for $700 billion for them. [read post]
23 Oct 2008, 6:54 pm
The Kirkland fire Department, responding to the incident, attempted to hook up to a nearby hydrant. [read post]
20 Oct 2008, 11:55 pm
In a blow to the every present subsequent homeowner, a developer has been let off the hook for defects in the homes it constructed. [read post]
20 Oct 2008, 5:26 pm
One is a bankrupt convicted felon who spewed venomous hatred about the United States, hooked up an alleged terrorist cell with semiautomatic weapons and drove the surveillance car as they cased military bases. [read post]
19 Oct 2008, 10:17 pm
Implicitly using the amount of this prior settlement as a point of reference for the possible magnitude of any future settlements of the Fannie Mae lawsuit, the Journal article observes that the "government’s control of Fannie puts taxpayers potentially on the hook for hundreds of millions of dollars of damages stemming from the lawsuit. [read post]
15 Oct 2008, 4:15 pm
ANOTHER UPDATE: Here’s the money quote from yesterday’s hearing: "There is an estimated $55 trillion in credit default swaps somewhere out there, but no one knows for sure if any of these swaps offset each other, exactly who is on the hook for these swaps, who is trading with who and on what terms; and worst of all, no one has any idea who is solvent and who is upside down. [read post]
15 Oct 2008, 1:56 am
" The article also reports that "the bank's auditors are off the hook. [read post]
14 Oct 2008, 3:11 pm
He suggests lawyers join a sports league, the chamber of commerce, and hook up with law school classmates. [read post]
14 Oct 2008, 12:28 pm
Citi, on the other hand, argues in its motion that the EESA provision only applies to acquirers — i.e., it lets Wells Fargo, the so-called bid-jumper, off the hook, but not Wachovia. [read post]
14 Oct 2008, 2:27 am
  He hooked me up with this very interesting Haitian guy named Unik and his partner KyKy. [read post]
13 Oct 2008, 9:36 am
The buy-plus-true-up option (a) replaces a bad asset (the mortgage-back securities) with a good one (cash money) and  (b) enhances the banks' liquidity  but (c) keeps the banks on the hook for taxpayer losses. [read post]