Corporate Bankruptcy Attorney, Andrews and Kurth
Corporate bankruptcy attorney at the Houston, Texas law firm of Andrews & Kurth; former chair of the American Bar Association's Business Bankruptcy Committee (1993-1996) and former US Attorney
PROFILE
Hugh Ray
Guest
FROM Hugh Ray
To the Point
Preserving Wall Street, the Auto Industry and the Income Gap All of Washington decided that Wall Street's investment bankers were "too big to fail," to the tune of $350 billion, and nobody really knows where money has gone. After Republicans in Congress held up loans for US automakers, President Bush scraped up $17 billion to keep General Motors and Chrysler from going bankrupt, at least for a while, but only with tough conditions and demands that union contracts be re-drawn. Would US auto companies be better off in bankruptcy? What about investment banks that can't repay their clients? Why do unionized workers have to sacrifice benefits when Wall Street is still paying bonuses worth tens of millions of dollars?
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To the Point
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
To the Point
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.