While you were sleeping this past Sunday evening, a most unusual incident transpired in San Francisco: three top Chevron executives led a procession of hundreds from the Roxie Cinema at 16th and Valencia to the Chevron station at Market and Castro. It was quite a sight . And when the Chevron execs found themselves routed by a furious mob, the U.S

This may sound like common sense to investors and traders, but most people — including policy makers — do not readily accept the flawed nature of economic models. Thank goodness we have professor David Colander testifying to Congress in order to enlighten an otherwise dim room.


 
 A former securities broker has pleaded guilty to charges he helped a prominent Manhattan lawyer dupe hedge funds into making bogus investments. The broker, Kosta Kovachev, entered the plea to conspiracy to commit securities fraud Monday in federal court in Manhattan. He admitted aiding lawyer, Marc Dreier, in a conspiracy to sell more than $100 million in fictitious securities to hedge funds in 2006 and 2007

The SFLC and I recently filed a brief in Bilski v. Kappos , along with plenty of other lawyers, and I gave a talk about the case, and the future of patent law, this morning at Cardozo Law School.


 
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According to a new survey by an Australian newspaper, the recession has given rise to a new breed of people, called “potentialists”, who love to live life to the fullest and still want to continue with a lavish lifestyle, but one defined on their own terms. Social researcher Mark McCrindle commented on the results of his study; “People weren’t saying ‘gee it’s harder to get the dollars, I’m really going to have to work harder for the money and do longer hours to get it’. Actually, it’s the reverse.

As part of its Bearing Witness 2.0 project, the Huffington Post is rounding up a few of the best local stories of the day. Representatives of the Federal Reserve joined activists, civic leaders and struggling homeowners in a tour of Brockton, Mass. on Sunday to get a sense of how the foreclosure crisis is affecting communities