Common sense won out twice in Wisconsin in the past two weeks. On September 11, Wisconsin Act 10 upheld in another federal court challenge.
A federal judge on Wednesday dismissed one of the lawsuits challenging Act 10, Gov. Scott Walker’s budget repair bill in 2011 that eliminated most collective bargaining powers held by Wisconsin public unions.
(Reuters) - Barclays Plc <BARC.L> on Wednesday won the dismissal of a U.S. credit union regulator's lawsuit over the sale of more than $555 million of mortgage-backed securities to two failed corporate credit unions. U.S. District Judge John Lungstrum in Kansas City, Kansas said the National Credit Union Administration waited too long by not filing its complaint until September 25, 2012.
Equitymaster submits: After barely managing to stay in the positive for most of the session today, the Indian indices slipped below the dotted line in the final hours of trade. In fact the Indian markets were amongst the few losers in Asia. Profit booking in key index heavyweights from commodity, realty, telecom and banking sectors led the decline in the Indian markets.