Current Events

Caritas Sale to Cerberus Approved By Massachusetts SJC

The Boston Globe is reporting on “breaking news” that Supreme Judicial Court Justice Francis Spina  held a hearing on the sale of the Caritas Christi Heath Care system to Cerberus Capital Management today. Justice Spina signed-off  on the transaction tranferring the assets of a non-profit entity to a for-profit entity. This was the…

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More foreclosure fallout

The big national lenders that halted foreclosure activities two weeks ago have now resumed after their self-scrutiny of the documentation related to mortgages that are to be foreclosed. The efficacy of this review is questionable; if it’s anything like the degree of care these same companies brought to granting the…

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A Ray of Hope on Jobs

www.dailyfinancereport.com via aol.com is reporting an encouraging trend in employment/unemployment nationwide. America’s bedraggled labor market got a boost today with the latest weekly initial jobless claims unexpectedly plunging 21,000 to 434,000 — their lowest level since July. A Bloomberg survey had expected the report to show a total of 455,000…

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Football and head injuries

Much has been made about several head-to-head blows delivered by defenders in the NFL two weeks ago. Some of the offenders were heavily fined for their actions and the league quickly announced it would suspend any player who hit a “defenseless player” in the head. After last week, the NFL…

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