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16 Apr 2010 11:20

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U.S.: Some random federal judge nicks the National Day of Prayer

  • She calls it unconstitutional, but Obama’s still proclaiming it anyway. Wisconsin-based U.S. District Judge Barbara B. Crabb brought down a decision that should have atheists cheering and religious types hoppin’ mad, after she sided in favor of the Freedom From Religion Foundation on the National Day of Prayer. The plaintiffs have sued often about this issue, by the way, in an attempt to block the prayer. Despite the decision, it won’t work, at least this year. They should get the “Under God” guy involved. source

16 Apr 2010 11:18

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Biz: Goldman Sachs’ stocks look like a waterfall this morning

16 Apr 2010 11:09

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Biz: Why Goldman Sachs is feeling the SEC’s wrath this morning

  • one Goldman Sachs
    reportedly offered a
    mortgage to its
    customers, then bet
    against it on Wall Street.
  • two It managed to
    profit handily, staying relatively unscathed during the worst of the financial crisis.
  • three The SEC sued them
    this morning, making
    some fairly damning
    claims after noticing
    funny stuff. source

16 Apr 2010 11:01

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16 Apr 2010 10:55

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Biz: Bank of America bounces back into the win column

  • $3.2
    billion
    the company’s profit in the current quarter, helped by a good quarter for controversial acquisition Merrill Lynch
  • $2.2
    billion
    the company’s loss throughout all of 2009 – the credit crisis and Merrill Lynch buyout were blamed source