To the tune of more than $160 million worth of legal bills in civil lawsuits accusing the mortgage finance companies and former top brass of fraud. This from the New York Times: The bulk of those expenditures — $132 million — went to defend Fannie Mae and its officials in various securities suits and government […]
Fairy tales can come true. It can happen to you. Or in this case maybe to Bright Beginnings, which received a reprieve from the budget ax this week when the school board voted to delay a decision to cut $10.4 million from the popular pre-kindergarten program. At the same time, the board moved forward with […]
Well, that didn’t take long. Rahm Emanuel is back on the ballot in Chicago, after the Illinois Supreme Court today issued a stay of yesterday’s appellate court decision the yanked Emanuel’s name from the mayoral race. This from Bloomberg: The high court ordered the city’s election officials to include Emanuel’s name on any ballots printed […]
A little something to help pass the time during tonight’s national kumbaya address: the official PunditHouse State of the Union BoINGO Card. Feel free to play along at home – on the honor system, natch – by checking off any phrases or words that President Obama uses in his speech. Disclaimer: For entertainment purposes only; […]
Or not. With only four weeks until Chicago’s mayoral election, and with former Team BO chief of staff Rahm Emanuel holding a big lead in most polls, an appellate court panel ruled today that Emanuel’s name should be yanked from the ballot because he did not meet the residency standard to run for mayor. The […]
From busing, that is. Been a lot of folks wanting an explanation for how CMS would save $4 million in transportation costs by changing bell schedules at more than 100 of the district’s elementary schools. “It expands the window for us to optimize our bus routes,” Ed Shed COO Hugh Hattabaugh told county commissioners last […]
After a bruising budget year for the Charlotte-Mecklenburg Public Library that saw branch closings, reduced operating hours, and scores of layoffs, library chief Charles Brown is checking out after seven years at the helm. He announced his retirement this week, effective June 30 at the end of the fiscal year. Until then Brown will continue […]
Send us a youtube clip of your favorite tunes (editor@pundithouse.com) and we’ll work them into the mix. This is Nellie McKay, submitted by guest DJ BossLady of The House: Followed up with some vintage Blondie:
I really wish that somebody had explained to me earlier in life that it’s just plain stupid to actually work for money, when you apparently can just create it out of thin air. This from Forbes: The giant US banks have been bailed out again from huge potential writeoffs by loosey-goosey accounting accepted by the […]
It’s like WikiLeaks, only better. Nobody has to steal any top-secret documents; it’s all out there in the open, at least every other week. What’s amazing is that Mecklenburg Commissioner Vilma Leake, a former school board member, continues to get away with it, year after year dating back several, spouting increasingly inane gibberish from the […]
