Cashing-In: Former senior government officials who were involved in the savings and loan crisis of the 1990s are hoping to cash-in on the most recent government bailout. According to The New York Times, many of those officials are now private lawyers, investors, and lobbyists, and are looking to help their clients get a piece of the bailout money or the chance to buy -- at bargain prices -- some of the bank assets taken over by the federal government.
McAuliffe for Governor?: Terry McAuliffe, one of the world’s best political fundraisers, may run as a candidate for governor of Virginia, according to the The Washington Post. Virginia has no limits on how much an individual, corporation or union can donate to a candidate running for state office. The Washington Post says McAuliffe could raise as much as $80 million for his campaign if he is the Democratic nominee.
Martindale Ratings to Stay: According to the National Law Journal, LexisNexis Group's Martindale-Hubbell will not abandon its lawyer ratings. The company says it has no plans to end its Peer Review rating system after it had laid off three ratings specialists.
Ford to Discuss Settlement: Ford has been ordered to start discussing a settlement for a 2006 lawsuit filed by employees who had company stock as a retirement investment. The Associated Press reports that the lawsuit says Ford's stock was an investment option, and a company match, during a volatile period for the company.
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