Balloon family was featured on ‘Wife Swap’

The family at the center of a dramatic flight of a hot air balloon that floated free appeared on a reality show that highlighted concerns about the children’s safety. Richard and Mayumi Heene and their three sons were featured on the ABC show “Wife Swap,” in which the mothers of two often opposite families switch places for two weeks.

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The Case for Letting AIG Fail

There’s an uproar about whether the government should let AIG fail, a debate re-energized by the latest revelation of bonus payments going to AIG’s executives. In fact, there’s a good case to be made that AIG should fail, and it has nothing to do with bonuses. The rescue of AIG is warping the banking system and unnecessarily extending the credit crisis.

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Bankruptcy For General Motors, Chrysler?

— Call it a bankruptcy in disguise. Although General Motors and Chrysler are scrambling to pull together plans by Tuesday showing that it makes sense for the government to support them without invoking the dreaded “B-word,” the efforts look like a classic case of reorganization

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