GOOD DAY FOR: Betting on losers, after New York City construction worker won $1,500 by playing the last three digits of Ponzi schemer Bernard Madoff’s prison number in the state’s lottery. “Somebody had to get a little lucky with him,” said Ralph Amendolaro, 50, who earned a 16,000 percent return on his $9 investment. Instead of investing the money, he plans to spend it in Las Vegas. (New York Daily News)
BAD DAY FOR: Protecting your investment, as an AIG competitor said that Congress’s vilification of the bailed-out insurance giant has driven away customers and employees alike. Loews Corp. CEO James Tisch, whose firm owns 90 percent of insurer CNA Financial, said the flare-up over the AIG retention bonuses was prompting A- and B-list employees to move to greener pastures. “It’s helped CNA, but it disappoints me as a taxpayer,” he added. (Bloomberg)
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
How Canadian tariffs could impact tourism to the USIn the Spotlight Canadians represent the largest group of foreign visitors to the United States. But they may soon stop visiting.
-
Entitlements: DOGE goes after Social SecurityFeature Elon Musk is pushing false claims about Social Security fraud
-
The Week contest: Amazon BondPuzzles and Quizzes
