Articles by: Jamie Quanrud

Last week, a trader at JP Morgan’s London Chief Investment Office (CIO), nicknamed the London Whale (real name Bruno Iskil), admitted to losing $2 billion on trades that went wrong.[1] While it is not known exactly how he set up the trades or how they were funded, it is clear from news reports and JP [...]

In April 2011, students at the University of California-Merced were asked if they would be willing to sign a petition that would allow the redistribution of their GPAs to students having trouble fulfilling graduation requirements.  Those students with an “excessive” GPA of 4.0 would have a reduction to a 3.8 and the extra 0.2 points [...]

On Tuesday, November 7, 2011 Sen. Richard Blumenthal (D-Conn) introduced legislation in the Diaper Investment and Aid to Promote Economic Recovery Act, to allow for free diapers and diapering supplies for children in day care.[1]  This bill would be combined with the Child Care and Development Block Grant Act of 1990, which gave $5 billion [...]