Like A Vampire, Wall Street Will Drain TXU Until There’s Nothing Left

At least for now, Dallas-based electricity and transmission giant Energy Future Holdings, the former TXU, is paying off its debts. Technically, it’s completely insolvent, but that hasn’t stopped the Wall Street firms who purchased the company in the biggest leveraged buyout in history from extracting hundreds of millions of dollars…

Someone Really Should Explain to Mitt Romney How Markets Affect Coal

If your debate-watching drinking game included a shot for each use of the word “coal,” you either peed on your roommate’s couch or had your stomach pumped. Or both. The primitive fuel was invoked some 22 times, apparently, mostly by Republican presidential candidate and former Massachusetts Governor Mitt Romney. Our…

Wal-Mart Wins Texas Lawsuit Over Gender Discrimination

Nearly a year and a half since the U.S. Supreme Court tossed a class action lawsuit filed by some 1.5 million female Wal-Mart employees who say they hit a corporate glass ceiling, the plaintiffs hit a brick wall in Texas. Because the court ruled the women of Wal-Mart could not…

Jury Convicts Steven Lawayne Nelson of Arlington Pastor’s Murder

Steven Lawayne Nelson was found guilty Monday morning in the slaying of Clint Dobson, a 28-year-old pastor who was discovered in Arlington’s NorthPointe Baptist with a plastic bag clinging to his face. Investigators say Nelson wielded a Daisy air pistol during the March 2011 robbery that ended in Dobson’s murder…

Hispanics Now Have A Shot At Getting Elected in Farmers Branch

Farmers Branch Latinos have a better chance today at seeing a little color introduced into the all-white tableau of elected city government. Under orders from a federal judge, who determined that the town’s at-large-style districts robbed Latinos of representation, the city council approved single-member voting districts at its meeting Tuesday…