You can now text “Haiti” to 90999 if you are a Sprint user to donate $10 to the red Cross for Haiti earthquake relief.  At one time, the phone companies were getting 1,000 texts per second.  So far these and similar donations made through cell phones have raised 10 million dollars.  “The donation is charged [...]

…in the drive through line to get your Chick-fil-A and the Bentley is too big to fit around the turn and gets stuck, don’t honk; don’t get out and for goodness sakes don’t get into a fight with the driver and his two sons! “[A]bout 11 a.m. Saturday, a couple received their order from the [...]

The most accurate financial reporting that I read comes from the folks at Elliot Wave International.  In the most current “Theorist” which comes out monthly for subscribers, they are calling for the bear market to renew – perhaps not right away, but shortly.  While acknowledging that the fast run up in the markets over the [...]

Merrill’s former chief economist, David Rosenberg, had some very negative comments about the much touted “turn around” calling it the stuff of fairy tales.  Some of his comments were published on a blog, causing his former employer to work hard to remove those posts! Here is a quote from an article about that effort:
“Rosenberg’s reports [...]

The administration has been making decisions about what used to be called private businesses which are, in some quarters, coming under fire as being too invasive.  On one hand though, if the tactics seem to be working (and the market’s present rise is one justification for this viewpoint), then the objecting parties may well keep [...]

In response to one case of confirmed swine flu and the fear of more cases which are suspected but have yet to be confirmed, the Fort Worth Independent School District closed yesterday.  The closing is through at least May 8th.  That decision means 80,000 students from 144 campuses are confined to their houses; which means: [...]

Michael McBride has given many talks about the different aspects of bankruptcy over the years. Just recently, Mr. McBride spoke at a conference sponsored by the University of Houston Law Center. It was held both in Dallas and in Houston and discussed the foreclosure process and collecting deficiencies.
If you would like a [...]

Despite the unorthodox moves by the Federal Reserves to open the federal lending window higher and make it available for more cash starved financial companies, not just banks, news comes today that Citicorp offered stock which raised 4.5 billion. “The sale [of stock today] represents about 3 percent of Citigroup’s shares outstanding as of [...]

A discovery of Harris County district court records gives a look into the practice of law in the past. An opinion written by Chief Justice John Hemphill, the “John Marshall of Texas” was discovered and “ultimately decided the case” of Houston v. Lamar. A recent article indicates an accident “led to the 140-year [...]

On February 20, the Seventh Circuit Court of Appeals issued an opinion in which it held that the issuance of a fairness opinion by Credit Suisse First Boston right before the tech bust of 2000 was not gross negligence. In this instance, a Liquidating Trust established for the benefit of unsecured creditors sued SCAB [...]