- Holman Jenkins on auto bailout [WSJ] Bush’s willingness to use TARP helped the unions scuttle a reasonable deal with Corker; and why exactly did CEO Wagoner commit GM to the (dubious and self-injuring) position that buyers’d abandon the company in the event of a Chapter 11? [Hodak Value h/t Ted] So that’s what dragging Detroit down — domestic partner benefits [Brayton] And Ted wonders if it might be cheaper in the long run for the government just to buy a Senate seat from Gov. Blagojevich for every auto worker;
- Where’d Gov. Blagojevich pick up idea it was OK to sell official acts for $$$? Can’t imagine [Ribstein] Who is Advisor B? [Byron York] Sing, Rod, sing! [Coleman] “Blago’s decision to let SEIU and not AFSCME organize Ill. child-care workers” Hmmm [Freedom-at-Work, NRTW] “How do they think Chi pols talk in private when muscling some guy for cash? Like Helen Mirren playing the queen?” [John Kass, Tribune] A look at AG Lisa Madigan [PoL] Illinois pols have shaken down hospitals before, state’s “certificate of need” (permission-to-build) law is one culprit [StateHouseCall]
- J.K. Galbraith’s best bon mot: “bezzle” = inventory of unexposed embezzlement, revealed as tide of boom recedes [Cox, Breaking Views] Fascinating memoir of why Madoff had been giving off fishy smell for years [Tokyo Cassandra] So sleazy! “Many” investors put $ with Madoff because they suspected he was crooked — but cheating someone else [Blodget] “Madoff didn’t run one of these much-maligned, unregistered hedge funds. He was registered with the SEC. Here’s his latest 13-F, which looks perfectly normal.” [Weisenthal]
- Daily downer for media folk [@themediaisdying h/t @amyfeldman] “Remember, America, you can’t wrap a fish in satellite radio” — P.J. O’Rourke wants bailout for print [The Australian]
- Jurors’ political leanings predict whether they’re pro-plaintiff or defendant? Not as simple as that [Wisconsin Lawyer h/t @juryvox]
- Asbestos rise in Madison County, Illinois could signal return to “old school” tactics [MC Record h/t @icjl]
- Sue me harder, don’t stop now: competing Fla. fetish clubs feud in court, which’ll get whipped? [ABA Journal]
- Russian patent office grants trademark for 😉 emoticon, businessman asking royalties [BBC h/t @bodhi1 @mediadonis]
- Arnold Kling: loan modification way oversold as remedy for housing ills [EconLog h/t @tedfrank]
- Best line: “the goose was not our employee or our agent” [CKA Mediation h/t @vpynchon, earlier]
Posts Tagged ‘Illinois’
Seems somehow appropriate
Now-disgraced Gov. Rod Blagojevich pushed Illinois into risky mortgage lending and did his best to politicize housing finance (Carney, Dec. 9).
Microblog 2008-12-09
- Everything that makes Chicago politics what it is: Gov. Blagojevich shook down a children’s hospital [Massie] Time to play Name That Goon: guess which statements are by Illinois governor and which by Tony Soprano [Daily Beast] The most closely watched Obama appointment is and should be the U.S. Attorney for Chicago [@patrickruffini]
- Many writers including me relied on UAW assertion that oft-heard $73/hour figure for GM compensation was misleading because it included vast army of retirees; but per one new paper, the number really does reflect only payments for currently active workers [James Sherk, Heritage] Contra, the New York Times sides with the original critique of the number [David Leonhardt]
- Green activists contact the authorities to report illegal logging, turns out to be beavers [OK!; Poland]
- Pride and Prejudice: the Facebook feed [DeeDee Baldwin]
- Economists invite volunteers to play game simulating investment behavior. Usual result? Bubbles & crashes [Postrel]
- “Watermelon smell”, “ferret odor”, “gasoline fumes”: Japanese site uses Google maps to track stinky locations [Japan Probe via Tyler Cowen]
- Subprime-implosion lawsuits haven’t gone well for plaintiffs, who’ve had trouble showing guilty state of mind [CCH Wall Street] But are things beginning to shift in their favor? [Frankel, American Lawyer]
- Nifty “Atlas of True Country Names” displays place names as their underlying meanings [Telegraph]
Excessive entanglement of press and state
One reason of many it’s a bad idea:
[Illinois Gov. Rod] Blagojevich, Harris and others are also alleged [in the federal indictment] to have withheld state assistance to the Tribune Company in connection with the sale of Wrigley Field. The statement says this was done to induce the firing of Chicago Tribune editorial board members who were critical of Blagojevich.
More: Eugene Volokh. Similarly: Patterico.
P.S.: “When the Tribune-owned Chicago Cubs wanted permission to install lights at Wrigley Field, Ald. Ed Vrdolyak let it be known it would require an end to editorial criticism of him. An editorial responded that the Cubs would ‘be playing morning games on a sandlot in Gary first.’ Vrdolyak — this will surprise you — is now headed for prison, another victim of Fitzgerald.” (Steve Chapman, Reason, Dec. 11).
Slips while dancing on bar, complaint cites lack of handrail
Complainant Rory Beer — yes, her real name, though she used to be known as Rory Roberts — was dancing on the bar at Bar Chicago, a Division Street nightspot, when she fell off, with what her suit says are permanent injuries to her foot and ankle. “The lawsuit claims that Bar Chicago encourages patrons to dance on the bar, but doesn’t warn people of slippery surfaces or provide handrails, ‘cushioned flooring’ or ‘safety nets.'” (Mark J. Konkol, “Dancer slips, now she wants bar to pay”, Chicago Sun-Times, Jul. 1; Chicagoist). We covered another bar-wasn’t-safe-for-her-to-dance-on suit, also from Illinois, last year.
Suit: it’s the manufacturer’s fault that I backed a lawn mower over my son
The manual for the L120 John Deere mower reads:
DANGER: ROTATING BLADES CUT OFF ARMS AND LEGS
· Do not mow when children or others are around.
The Rezko mess: a (tangential?) Madison County link
Illinois state Rep. Jay Hoffman of Madison County, who doubles as an attorney with the Lakin Law Firm, is also said to be a big-time political fundraiser and a key link between the county’s far-famed class-action culture and the world of Illinois politics. Hoffman has long been a close and loyal advisor to now-Gov. Rod Blagojevich, something that’s no longer such a big political advantage what with the Rezko trial having badly sullied the governor’s reputation. Things got worse last month when Hoffman’s name came up during some of the most explosive testimony at that trial, though he’s been charged with no wrongdoing. And now he’s at odds with a fellow Democrat, state house Speaker Michael Madigan — himself a longtime guardian of trial lawyer interests in Springfield — following what the St. Louis Post-Dispatch describes as “the airing of a secret memo from [Madigan’s] staff directing legislative candidates to call for Blagojevich’s impeachment — complete with instructions to deny that they’re getting instructions.” (AP’s version). Ed Murnane of the Illinois Civil Justice League has more at Illinois Review, as do the editorialists of the Chamber-backed Madison County Record, while Eric Zorn of the Tribune and ArchPundit speculate that Blagojevich might appoint Hoffman to Barack Obama’s seat in the U.S. Senate should his election as President leave it vacant.
Lott v. Levitt, Part X
As we discussed in Part IX, one of John Lott’s two claims was settled, when Steven Levitt apologized for e-mails he sent another economist. It’s questionable how much satisfaction Lott can get from this, since, as an economist, he surely realizes that, without a loser-pays rule or agreement, there is a pooling equilibrium whereby both the sincerely-apologizing Levitt and the insincerely-apologizing Levitt would take the same course of action to avoid spending tens of thousands of dollars defending a de minimis allegation of libel, regardless of the merits of the claim.
The more significant, if less meritorious, claim of libel in Freakonomics is on appeal; Lott is now claiming that the case should have been decided under the allegedly more friendly Virginia libel law than the Illinois law under which his claim fails, but that is generally an argument for (at best) a claim of legal malpractice, rather than for a do-over for an expressly waived argument in federal court. Lott has posted the briefs; David Glenn blogs about the 2-year mark in the case. Not that I think Lott has a valid legal malpractice claim, either, unless his attorneys told him he had a good shot at winning more than he would spend in legal fees.
Lott does interesting economic research, and it is unfortunate he is tarring his reputation with a lawsuit that has the potential to impinge upon academic freedom.
April 5 roundup
- Ninth Circuit, Kozinski, J., rules 8-3 that Roommates.com can be found to have violated fair housing law by asking users to sort themselves according to their wish to room with males or other protected groups; the court distinguished the Craigslist cases [L.A. Times, Volokh, Drum]
- Class-action claim: Apple says its 20-inch iMac displays millions of colors but the true number is a mere 262,144, the others being simulated [WaPo]
- U.K.: compulsive gambler loses $2 million suit against his bookmakers, who are awarded hefty costs under loser-pays rule [BBC first, second, third, fourth stories]
- Pittsburgh couple sue Google saying its Street Views invades their privacy by including pics of their house [The Smoking Gun via WSJ law blog]
- U.S. labor unions keep going to International Labour Organization trying to get current federal ground rules on union organizing declared in violation of international law [PoL]
- Illinois Supreme Court reverses $2 million jury award to woman who sued her fiance’s parents for not warning her he had AIDS [Chicago Tribune]
- Italian family “preparing to sue the previous owners of their house for not telling them it was haunted”; perhaps most famous such case was in Nyack, N.Y. [Ananova, Cleverly]
- Per their hired expert, Kentucky lawyers charged with fen-phen settlement fraud “relied heavily on the advice of famed trial lawyer Stan Chesley in the handling of” the $200 million deal [Lexington Herald-Leader]
- Actor Hal Holbrook of Mark Twain fame doesn’t think much of those local anti-tobacco ordinances that ban smoking on stage even when needed for dramatic effect [Bruce Ramsey, Seattle Times]
- Six U.S. cities so far have been caught “shortening the amber cycles below what is allowed by law on intersections equipped with cameras meant to catch red-light runners.” [Left Lane via Virtuous Republic and Asymmetrical Information]
Vioxx settlement: February 8 update
(Updating and bumping Feb. 4 post about to roll off bottom of page because of new comment activity)
- Judge Fallon denied the motion of Florida plaintiffs to expedite a hearing on their inclusion into a settlement when they did not even bring suit (Jan. 30). Merck and the PSC are required to respond Feb. 15, and the hearing will be Feb. 21, where one can expect the motion to be denied.
- At Point of Law, I comment on the recent grand jury investigation into Merck marketing of Vioxx.
Update, Feb. 8: separately, Merck yesterday settles for $650 million different Medicaid fraud allegations over the marketing of Vioxx and other drugs. The qui tam relator will get a jackpot award of $68 million. [WaPo; DOJ; Merck] The pricing theories at the center of these lawsuits—which hold Merck liable for purportedly charging too little—definitely deserve longer discussion another time.