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On Tuesday, Vice President Joe Biden reignited the arguing between the Democrats and the GOP when he said that the approach to the financial industry by the GOP would return the middle class to being ‘back in chains.’ Biden said this to a group of people attending a campaign stop in Virginia. Biden was in the midst of a 30-minute speech when he made the comments about 15 minutes in that referred to the plan of Mitt Romney to repeal the Dodd-Frank financial regulatory bill of 2010. Here is the comment from the speech:
“[Romney] said in the first hundred days, he is going to let the big banks once again write their own rules. Unchain Wall Street. They are going to put y’all back in chains.”
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The audience laughed a bit at the comment but Romney did not find it funny in the least bit while stumping in Ohio. Romney said that Biden’s comments “disgrace the office of the presidency” and that “Mr. President, take your campaign of division and anger and hate back to Chicago and let us get about rebuilding and reuniting America.”
When he made another campaign stop later in the day, Biden responded to the comments made by the GOP. He said that he was borrowing terminology from Paul Ryan and other members of the GOP who talked about how they will ‘unshackle’ the economy of the country. Spokespeople for the Obama campaign said that Biden was “clearly using a metaphor.”
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Law firms of all sizes are being much more selective about who makes equity partner. Gone are the days where doing good work and putting in your time is enough to get you to a profit sharing level. Today, equity partners almost always have to prove that they can contribute their share to the firm. So what does this mean for associates and how can a two-tiered partnership track be beneficial? With a two-tiered partnership structure, associates get more time to prove themselves and also more time to determine whether partnership is the right goal for them. Two-tier partnerships (non-equity and equity) exist so the firm can train and develop associates into equity partners. The non-equity track to partner at most firms is on average, 6 years long. [...]
May 16, 2013 Read More
charlielong2@hotmail.com
August 17, 2012 at 4:18 pm
For Goodness sake, does anyone have ANY duct tape anywhere? This man doesn’t understand his idiocy. Pray for him, he will be a burden to his poor family real soon.