• Patrick Byrne: Do As I Say, Not As I Do.

    Patrick Byrne, CEO of Overstock.com (NASDAQ:OSTK) has been on a crusade against naked short selling for a couple of years (or more?). It is currently his position that naked short selling is bad. He confirms his belief in this statement […]

  • Airlines likely to increase fares due to “congestion fees”

    Last week I posted on WalletPop about a proposed “congestion fee” that airlines would have to pay at airports. Right now they pay a landing fee based upon the weight of the plane. With the congestion fee, they would instead […]

  • SEC fines have gone down

    The fines levied by the Securities and Exchange commission have fallen to their lowest level since 2002. Bloomberg reports that “fewer billion-dollar accounting-fraud cases” and “new policies for fining companies” are to blame. For the year ended September 30, the […]

  • Milwaukee Police Department stops asking about immigration status

    This is crazy. Using an “it’s not our job” excuse, the Milwaukee Police Department now has a policy that police officers will not ask about immigration status. “Community activists” say that people who are stopped for traffic violations or crimes […]