Lehman Brothers Holdings Inc's emergency bankruptcy filing wiped out as much as $75 billion of potential value for creditors, The Wall Street Journal reported on Monday, citing an analysis by the bank's restructuring advisers....
....Lehman filed for bankruptcy protection in September after the U.S. government declined to bail it out and a frantic weekend of negotiations to save the investment bank failed.
The Lehman meltdown touched of a stock market panic and credit crisis and was quickly followed by a government rescue of American International Group Inc, once the world's largest insurer....
Do you think that Ohioans care about Kasich's association with the failed Lehman Brothers? Just asking. Since Kasich wants to severely cut state government, how many state employees does he plan to lay off? Will entire departments be eliminated?
>>> Republican leader, John Boehner, who enjoys government provided health care, obviously doesn't care if you are unable to get medical treatment because you don't have health insurance. Nashua Telegraph.com:
House Minority Leader John Boehner is telling New Hampshire Republicans that American outrage will help defeat a national health care reform bill before Congress.
The Ohio Republican appeared at a fundraising reception for the state Republican State Committee Friday night in Concord, N.H.
Boehner told The Union Leader that if the American people continue to stay engaged in the fight, reform can be stopped....Boehner doesn't care if you don't have health care, as long as he has it and he can golf on those fancy, schmancy country club courses.
**** Kevin DeWine and the Ohio GOP lost round one in the courts, according to the Dispatch:
A Franklin County judge yesterday temporarily blocked releasing to the Ohio Republican Party the names, addresses and phone numbers of and other information about Ohio teachers, school administrators and staff members.
Common Pleas Judge Laurel A. Beatty granted the temporary restraining order at the request of the Ohio Education Association, the state's largest teachers union....
The Republicans have not been very good to teachers. We are still waiting for them to solve the state education funding problem that was called unconstitutional by the Ohio Supreme Court.