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Tracy Thomas

The AIG Bonus Debacle

October 20, 2009

AIG has been in the news for over a year now for its fiasco involving the payment of bonuses to employees from government-loaned bailout funds.  Just last week, AIG was back in the news, seeking to pay additional bonuses.  The "pay czar," Ken Fienberg (the former head of the 9/11 compensation fund) is also trying [...]

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The Sun, the Stars and Stays

April 24, 2009

Is a stay the same as an injunction?  Do we really care?  The U.S. Supreme Court answered these burning questions Wednesday when it decided Nken v. Holder and poetically explained:  “The sun may be a star, but ‘starry sky’ does not refer to a bright summer day.”

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Equal Pay for Women: The First Step

January 30, 2009

Yesterday, President Obama signed his first legislative action, endorsing the Fair Pay Act intended to give workers more time to sue in court for pay discrimination based on sex or race.  The new law passed by Congress, the “Lilly Ledbetter Fair Pay Act” reverses the Supreme Court decision in Ledbetter v. Goodyear which held that [...]

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A Woman in the White House

August 29, 2008

John McCain today announced that his vice-presidential running mate will be Sarah Palin, the Governor of Alaska.  The announcement of Palin, a 44-year-old supermom of 5, avid hunter, and former beauty queen, has rekindled the age-old political battle between sex and race. 

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Woman Sues for Broken Engagement…and wins!

July 31, 2008

A woman sued her ex-fiance for a broken engagement and was awarded $150,000 by the court.  She also gets to keep the 2 carat diamond, which she says she intends to sell.   Her former boyfriend is left footing the bill, along with $30,000 he says he previously loaned her to pay off her debts.

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The 160th Anniversary of the Women's Rights Movement

July 18, 2008

July 19 is the 160th anniversary of the Declaration of Sentiments, a document signed by 68 women and 32 men at Seneca Falls, New York at the first women's rights convention.  The Declaration, written by feminist Elizabeth Cady Stanton as a take-off on the Declaration of Independence, was the launching point for the women’s rights movement in [...]

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The Presidential Candidates on Gay Marriage

July 9, 2008

The presidential candidates agree on some things on the issue of gay marriage. Both say they are against gay marriage. Both voted against the proposed Federal Marriage Amendment that would have amended the U.S. Constitution to permit marriages only between one man and one woman. But their agreement ends there. John McCain said on the [...]

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Exxon Saved From the Rocks: The Supreme Court Limits Punitive Damages

July 2, 2008

 
In a divided 5-3 decision, a conservative majority of the Supreme Court in an opinion by Justice Souter found the $2.5 billion in punitive damages awarded against Exxon for the worst oil spill in history to be excessive and reduced the award to $500 million, an amount worth about four days of Exxon’s profits.          [...]

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