In their first case against anyone involved in the U.S. subprime mortgage meltdown – government prosecutors took it on the chin yesterday.    Read More

What's in a name? They found out in Proctor, Minn., this week when the motorized chair, formerly known as La-Z-Boy, sold for just a fraction of what it was going for before La-Z-Boy made them stop using their name.   Read More

EBay removed an auction for a "Motorized La-Z-Boy Chair" after La-Z-Boy complained that it didnt' want its name associated with a police auction. There's a new auction up, but once you take out the La-Z-Boy, it's now just a "DWI Chair"—a nod to why it was confiscated. Gentlemen, start your bids!   Read More

How much would you pay for a motorized La-Z-Boy? Try OVER $40,000. That's how much a homemade vehicle is going for on eBay right now after it was confiscated from its owner, who admits to driving it drunk.   Read More

Before we go jumping to conclusions, the proverbial rush to judgment about former AMD Chairman and CEO Hector Ruiz and his role in the bizarre Galleon insider trading case, consider some of the facts as we know them.    Read More

Warren Buffett tells the BBC the American public can't be blamed for its anger over the damaging economic fallout from the last fall's near-collapse of the global financial system, especially since no one has been held criminally responsible.  The comments are from an interview for a special program about Buffett airing tonight (Monday) on BBC television in the U.K.   Read More

I wanted to experience the mundane, the minutiae and the high drama of a murder case from inside the jury box. I thought I had made it through the painstaking and, frankly, boring process of voir dire. The prosecutor told the judge he was satisfied with the jury. But one by one the defense lawyer kept picking off potential jurors. And finally my number came up.    Read More

First, let me give you a funny story about my experience blogging about Annemarie Dooling, the young lady who Tweeted during a bank robbery yesterday in Manhattan. After reading her account of what happened on Twitter, I wanted to confirm there had actually been a bank robbery. The web folks wanted to make sure we weren't being punked.   Read More

Silicon Alley Insider tipped me off to a woman who has been updating her Twitter profile during a bank robbery this morning in the Big Apple.    Read More

Secrets from deep inside Goldman Sachs may soon flood the Street. The supposedly secure computer system used by the firm has been compromised.   Read More