Daily Archives: February 21, 2016

Jeb! drops out of Presidential race

twerking presidential candidates

Well, we certainly won’t be seeing Jeb! twerking for votes in the states anymore. Jeb! bet the farm on South Carolina primary and lost to The Donald. He joins Rand Paul, Jim Gilmore, Chris Christie, Carly Fiorina, Rick Santorum, Rick Perry, and Mike Huckabee on being voted on the island. On a side note: Hillary won the Nevada caucus against Bernie. And now this ends The Donald’s continued child name calling Jeb! “low energy.”

TPM:

Former Florida Gov. Jeb Bush on Saturday night announced that he would suspend his presidential campaign.

And on the behalf of the Justice League blog, the swan song for Jeb! Please clap:

S&P settles Australian lawsuit over Lehman Bros collapse

A substantial settlement has been reached in a landmark A$200 million ($143 million) class action brought against ratings agency Standard & Poor’s, according to the law firm for the local governments, churches and charities bringing the suit.

London-based law firm Squire Patton Boggs said on Saturday that the settlement, which is subject to court approval, is likely to have widespread international ramifications for similar actions against Standard & Poor’s (S&P) due to the number of products it rates throughout the world.

Financial terms of the settlement were confidential, Squire Patton Boggs said. Litigation funder IMF Bentham said it would generate revenue of about A$52 million and a pretax profit after capitalized overheads of around A$47 million as a result of the settlement.

Read on.