"Judge Jeanine" has reportedly lost four major advertisers in recent days after coming under fire for anti-Muslim commentsFox News replaced Jeanine Pirro's Saturday program with a rerun of a documentarySome Fox News viewers are vowing to boycott the network until "Justice with Judge Jeanine" returns to the airFox News bumped Jeanine Pirro's "Justice with Judge Jeanine" on Saturday following a furor over anti-Muslim comments and advertiser defections, sparking an uproar from the program's fans. Many said they planned to boycott Fox News until Pirro's program returns to its airwaves. Pirro has been under fire for anti-Muslim comments she made about Democratic Rep. Ilhan Omar of Minnesota, leading to some advertiser defections. After Fox News scheduled a rerun to air instead of her show on Saturday, Pirro received support from President Donald Trump, who urged the network to "bring back" her show.Controversy may draw viewers, but it can scare away advertisers wary of issues that may … [Read more...] about Judge Jeanine Pirro fans vow to boycott Fox News over bumped program
WHEN bank giant Lehman Brothers collapsed in September 2008, it triggered a global financial crash that led to a devastating recession in Britain. Now, a decade after the firm went bankrupt, we take a look at what caused the crisis. Why did Lehman Brothers crash? Lehman, which was based in New York but had a large office in London, went bankrupt after investing in dodgy financial instruments. The bank had become heavily involved in the mortgage market and owned mortgage seller BNC Mortgage. By 2008, the bank held 30 times more in real estate than it had capital - and had been borrowing too much money to fund its mortgage investments. However, the market turned, and Lehman had held on to - or could not sell - so many low-rated mortgages. Investor confidence in the firm declined, leading to its crash in September 2008. Its collapse sparked global panic, with firms such as RBS and Lloyds having to be nationalised. The subsequent recession was the worst since before WW2, leading to the … [Read more...] about Why did Lehman Brothers collapse, who was CEO as the financial crisis hit and is it the largest bankruptcy filing ever?
THE bankers who helped crash the world's economy have been blasted for throwing a party celebrating the tenth anniversary of the crisis. Former staff from Lehman Brothers are set to meet to mark a decade since the investment bank collapsed in 2008. The firm's demise sparked the global financial crisis - which led to a devastating recession in Britain and most of the rest of the world. Campaigners said it was "sickening" to think of ex-Lehman bankers quaffing cocktails at a glitzy bash in Central London. The event is due to take place on September 15, exactly ten years after the company went bankrupt. It was originally booked in at the Conduit club in Mayfair, which costs £1,800 a year to join, but has now been switched to an undisclosed venue. Organisers sent an email to ex-colleagues addressed to "Lehman Brothers & Sisters", Financial News reported. The message read: "It’s hard to believe it’s been 10 years since the last of our Lehman days! "One of the best … [Read more...] about Bankers blasted over ‘disgusting’ plan for luxury knees-up to celebrate 10th anniversary of financial crisis which crashed the world’s economy bringing misery to millions
Jonathan Oosting The Detroit News Published 11:30 p.m. UTC Jul 13, 2018 Lansing — Fifteen Michigan House Democrats have voluntarily released some of their own personal financial information while calling for new rules to require similar disclosure by all political candidates and spouses. Michigan is one of two states that does not require any form of financial disclosure for those seeking elected office. Transparency advocates say revealing income sources and assets can help the public identify potential conflicts of interest. “It is not just about showing what our financials are to the public and being honest and transparent,” said Rep. Erika Geiss, D-Taylor, who said she took the rare step to excuse herself from a state House vote on landlord policies because she and her husband rent out a home. “It’s also about not being able to hide behind a lack of legislation when it comes to voting on the very issues that affect all of the people we … [Read more...] about House Dems disclose financials, propose new law
Our Review SummaryThis Philadelphia Inquirer article looks at two companies’ direct-to-consumer genetic tests designed to help doctors rely less on trial-and-error, and more on genetic markers, in guiding their medication choices for patients who’ve proven difficult to treat for depression. The article offers balance through two patient anecdotes. One patient says the genetic testing helped guide her to an effective antidepressant, while the other isn’t convinced. An outside expert is also tapped who points to specific treatments rather than genetic testing for higher chances of success. Although this article was cautious about the touted benefits, it would have served readers better by exploring some of the limitations of the research studies. The evidence doesn’t appear to come from gold-standard, randomized controlled trials. The only study we found through an online search was an abstract presented at a May 2018 medical conference. Why This MattersThe … [Read more...] about Genetic testing to guide antidepressant choices: Big news coverage, but limited evidence