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Big Salaries, Big Loans, Big Questions

If you want to get the attention of the $240-billion Farm Credit System (FCS), just mention the $725-million loan CoBank, a System lender, made to Verizon in 2013 to help finance Verizon’s $130-billion buyout of Vodafone, a European telecommunications giant.
The far-from-the-farm loan incensed commercial bankers, the System’s largest competitors, who howled to Congress about CoBank’s […]

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Silly Season, Again

The Washington Nationals are the only team in the nation’s capital that’s anywhere close to league-leading this season. The Nats have been either in first or second place in the National League’s Eastern Division most of the year.
Meanwhile up on Capitol Hill, a 15-minute walk north of Nats Park, Congress is putting together another horrible […]

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