Cardi B in hot water over club brawl

Cardi B. (AP)
Updated 09 December 2018
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Cardi B in hot water over club brawl

NEW YORK: A New York judge on Friday ordered rapper Cardi B to have no contact with two bartenders she allegedly attacked in a club brawl, but allowed her to remain free after she skipped a court appearance earlier in the week. 

Queens Criminal Court Judge Scott Dunn allowed the hip-hop star, whose real name is Belcalis Almanzar, to remain free without bail, a spokeswoman from the Queens District Attorney’s Office said. The judge had threatened to have her arrested for not showing up in court on Monday.


What We Are Reading Today: American Bonds by Sarah L. Quinn

Updated 26 June 2019
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What We Are Reading Today: American Bonds by Sarah L. Quinn

  • American Bonds examines the evolution of securitization and federal credit programs

Federal housing finance policy and mortgage-backed securities have gained widespread attention in recent years because of the 2008 financial crisis, but issues of government credit have been part of American life since the nation’s founding. 

From the 1780s, when a watershed national land credit policy was established, to the postwar foundations of our current housing finance system, American Bonds examines the evolution of securitization and federal credit programs. Sarah Quinn shows that since the Westward expansion, the US government has used financial markets to manage America’s complex social divides, and politicians and officials across the political spectrum have turned to land sales, home ownership, and credit to provide economic opportunity without the appearance of market intervention or direct wealth redistribution.

Highly technical systems, securitization, and credit programs have been fundamental to how Americans determined what they could and should owe one another. 

Over time, government officials embraced credit as a political tool that allowed them to navigate an increasingly complex and fractured political system, affirming the government’s role as a consequential and creative market participant. Neither intermittent nor marginal, credit programs supported the growth of powerful industries, from railroads and farms to housing and finance; have been used for disaster relief, foreign policy, and military efforts; and were promoters of amortized mortgages, lending abroad, venture capital investment, and mortgage securitization. Illuminating America’s market-heavy social policies, American Bonds illustrates how political institutions became involved in the nation’s lending practices.