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The Michigan Messenger going forward

By Staff Report | 11.16.11

I am writing today to announce the closure of the Michigan Messenger. After four years of operation in Michigan, the board of the American Independent News Network, has decided to shift publication of its news into a single site, The American Independent at Americanindependent.com. This is part of a shift in strategy, towards new forms [...]

Colorado-based abstinence program provided false and misleading information to Michigan students

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By Todd A. Heywood | 11.16.11

An abstinence-only presentation provided to numerous school districts in Calhoun and Eaton Counties in October of this year provided false and misleading information to students about HIV, experts allege.

Class action lawsuit filed against MERS over unpaid taxes

foreclosure
By Todd A. Heywood | 11.15.11

Two county registers of deeds filed a class action lawsuit Monday on behalf of Michigan’s 83 counties alleging that the Mortgage Electronic Registration Services owes millions of dollars in property title transfer taxes.

Schuette fights important mercury regulations

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By Eartha Jane Melzer | 11.14.11

Despite evidence of the impact of mercury on children and public health, Michigan Attorney General Bill Schuette last month joined with 24 other state attorneys general in filing a lawsuit to scuttle new EPA regulations that would reduce mercury emissions from power plants.

Posts Tagged AIG

bill of rights

Court ends Michigan challenge to AIG bailout

By Ed Brayton | 01.18.11 | 7:28 am

A federal district court has ruled against a Michigan man in a lawsuit he filed challenging the federal government’s bailout of insurance giant AIG on establishment grounds because one of the company’s subsidiaries sells “Sharia-compliant” insurance.

Synder cautions national GOP chair, other GOP members on GM talk

By Todd A. Heywood | 11.17.09 | 5:32 pm

Rick Snyder, the businessman from Ann Arbor who is seeking the GOP nomination for governor of Michigan, has some stern words of warning for Republican National Committee Chair Michael Steele, and any other GOP member who might conflate GM’s bankruptcy woes with President Barack Obama’s agenda: Cut it out. In a statement released by Snyder’s [...]

Court allows Mich. man’s AIG suit over Islamic insurance to go forward

By Ed Brayton | 05.29.09 | 11:14 am

The U.S. District Court hearing a challenge by a Michigan man against the federal government for bailing out insurance giant AIG because the company sells Shariah-compliant insurance policies to Muslims in the U.S. and abroad has denied a motion to dismiss (PDF) the suit and allowed the case to move forward.

McCotter: Do GM bondholders have credit-default swaps?

By Justin Miller | 04.09.09 | 12:42 pm

U.S. Rep. Thaddeus McCotter has asked the U.S. Treasury Department and Federal Reserve whether holders of General Motors bonds have credit default swaps with American International Group. McCotter, a Livonia Republican, appeared on CNN’s “Lou Dobbs Tonight” Wednesday where he said that he has asked Treasury Secretary Tim Geither and Federal Reserve Chairman Ben Bernanke [...]

Freep asks good question about AIG lawsuit

By Ed Brayton | 04.07.09 | 1:35 am

As we reported a couple weeks ago that Michigan will be the lead plaintiff in a lawsuit brought by many states against insurance giant AIG for allegedly misleading investors, including the Michigan state employee’s pension fund, about the security of AIG’s backing of credit default swaps. The Detroit Free Press asks a good question about [...]

Michigan to be lead plaintiff in suit against AIG

By Ed Brayton | 03.25.09 | 6:58 am

The state of Michigan will be the lead plaintiff in a lawsuit against AIG alleging violations of federal security laws and fraud on the part of the virtually bankrupt insurance giant that is now 80% owned by the federal government. A press release from the Attorney General’s office says:

Michigan man files suit against bailout — on religious grounds

By Ed Brayton | 12.19.08 | 8:47 am

Supported by Christian group, suit claims bailout violates Constitution’s ‘establishment clause’

Unapologetic titans of finance

By Matthew Blake | 10.11.08 | 8:33 pm

Wall Street CEOs accept no blame for huge losses

Former CEOs insist at congressional hearings that larger market forces, rather than decisions made by executives, caused Wall Street to unravel.

Financial Crisis 101: How we got here

By LoRayne Apo-Joynt | 09.22.08 | 8:57 am

How did we get here? Here’s your road map to our shared economic hell

Conservatives looking decidely socialist as AIG and market flounder

By LoRayne Apo-Joynt | 09.16.08 | 11:48 am

You know there’s been a profound sea change in the American economy when CNBC’s Larry Kudlow sounds like a bloody socialist, allowing room for taxpayers to bail out American International Group (NYSE:AIG) with short-term bridge loans. This, on the heels of Lehman Brother’s (NYSE:LEH) slow-motion bankruptcy declaration, threatened since investment bank Bear Stearns bit it [...]