Archive for July, 2010

Blago’s judge has a criminal imagination

Posted by Al Lewis on July 28, 2010
Courts / Comments Off

The judge presiding over former Illinois Gov. Rod Blagojevich dreams of robbing a bank.

But not just any bank. He fancies the Federal Reserve Bank of Chicago.

Click here to read column. I also talk about the judge’s thrilling novel with David Asman on Fox Business News. Click here to watch that.

Will Blago’s closed lips pay off?

Posted by Al Lewis on July 25, 2010
Al On TV / Comments Off

Impeached Illinois Governor Rod Blagojevich’s surprising legal strategy to stop blabbin’, how two presidents said the same thing when reforming Wall Street, and my new spot in the Wall Street Journal Sunday edition. I talk about it here with Eric Kahnert of Denver’s NBC affiliate, 9News.

BP’s Hayward could be history

Posted by Al Lewis on July 25, 2010
Gulf Spill / Comments Off

Tony Hayward may be in the final hours of his tenure as CEOs, according to a government official.

Click here to read more from the Associated Press.

This marks two amazing milestone’s for BP. One: It plugged the well before August. Two: It’s bumbling CEO lasted through July.

It’s hard to imagine a CEO mishandling a crisis as thoroughly  as Hayward blew this one. This was noticeable long before he set off on his yatch and complained that he wanted his life back.

Click here to read what I wrote about Hayward in May.

Oh, what a feeling to bash Toyota

Posted by Al Lewis on July 25, 2010
Autopia / 2 Comments

Bashing Toyota has become a national pasttime – and with BP’s well plugged and BP’s CEO possibly nearing an unplanned retirement – the spotlight is going back to the troubled automaker.

Click here to read my very first column that appeared today in the Wall Street Journal Sunday, an edition that appears in nearly 70 newspapers nationwide with a combined circulation of more than 7 million.

Blago wouldn’t blab-o

Posted by Al Lewis on July 24, 2010
Embattled Execs / Comments Off

Impeached Illinois Gov. Rod Blagojevich beamed his boyish face into mine on Wednesday, shook my hand and said, “I didn’t do anything wrong. We’ll see how it all shakes out.”

Funny thing was, I hadn’t even asked him a question.

Blago, 53, was working the courtroom in a navy pin-striped suit and his famous black hair. I don’t think he could help himself. This is what he does.

Continue reading…

Bush, Obama, Wall St., Whatever

Posted by Al Lewis on July 24, 2010
Washington / Comments Off

I’ll never forget the time when lawmakers in Washington D.C. passed a law to curb corporate corruption, smacked their hands together as if shaking off the dust of a dirty job, and said, “There, that out to fix it.”

The year was 2002 and they were pretending to be disturbed about Enron and other accounting scandals.

So I went back and pulled the transcript of what President George Bush said when signing the Sarbanes-Oxley Act and compared it to what President Barack Obama said on Wednesday when he signed Dodd-Frank Wall Street Reform and Consumer Protection Act.

The parallels are shocking and could hardly be a coincidence. Click here to read the column.

Endless foreclosure nightmare

Posted by Al Lewis on July 23, 2010
Housing / Comments Off

America’s foreclosures crisis could last another 15 years for Nancy Swong.

Swong, who used to work as a compliance officer for Citigroup, is stuck in a foreclosure nightmare after being victimized by a shady developer and losing her job.

She hasn’t paid her mortgage in a year and a half, but her real estate nightmare is so horrible, her lender, Wells Fargo Bank, doesn’t appear to want to foreclose on her, only to become trapped in the nightmare, itself.

Click here to read my coliumn about Swong.

Banker’s heart

Posted by Al Lewis on July 22, 2010
Al's Mailbag / Comments Off


Dear Al,

On a recent trip to San Francisco, I took this picture of the sculpture that sits in front of the Bank of America building.

The locals refer to it as “The Banker’s Heart.”

Sincerly,

Dave Labate
Parker, CO

Newspaper offers free Blago ringtones

Posted by Al Lewis on July 19, 2010
Embattled Execs / Comments Off

Need a new ringtone? How about one of former Illinois Gov.’s Rod Blagojevich’s vulgar rants?

The State Journal Register, a newspaper in Springfield, Ill., is offering free ringtone and MP3 downloads of Blago’s best-known tirades. Because it’s a family newspaper, the Register had to put a lot of beeps over all the F-bombs, which I guess makes it sound even more like ringtone.

The ringtones come right from authentic FBI wiretaps during the Blago corruption probe.

“The whole world’s passing me by and I’m stuck in this BEEP job as governor for now.”

But wait, there’s more! As Blago puts on his defense this week against charges that he allegedly tried to sell President Obama’s former Senate seat to the highest bidder, who can forget:

“I’ve got this this thing and it’s BEEP golden. And I’m just not giving it up for BEEP nothing.”

The newspaper’s website is now getting a lot of buzz and thousands of hits. So click here to download Blago’s F-in’ ringtones for F’s sake.

Above-average Joe sues for health care

Posted by Al Lewis on July 18, 2010
Health Care - Not / Comments Off

The average Joe has to fight for the health care he thinks he is due.

But this Joe is above-average, and he’s taking his case to federal court in Manhattan. He wants a 24/7 home health care attendant and believe his former company should pay.

Click here to read column. And click here to read the complaint filed by Joseph E. Brooks, former CEO of Lord & Taylor, against Macy’s.