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Falling prices are only the No. 2 concern on the worry list of 21% of chief financial officers at U.S. oil and gas companies, according to a survey by BDO Seidman, an accounting and consulting firm. The No. 1 concern of 57% of the CFOs was access to capital. While the industry is not as capital-intensive as it once was, Perryman says, it is still intertwined with the health of the financial system. However, in Amarillo, where the energy sector is about 25% of the economy, the talk around the coffee shop is still dominated by the price...
...Genson, 67, has never shied away from taking seemingly unwinnable cases, and even though he loses a fair share of them, it's often his opponents who end up playing the fool. "I teach cross-examination at my law firm, and a lot of what I teach I learned by watching Ed Genson carve up my witnesses," said Scott Lassar, a former U.S. Attorney in Chicago and current partner with the firm of Sidley Austin, who went mano a mano with Genson as a young prosecutor...
...Asked why he would take Blagojevich's case - given that the two-term governor reportedly owes another law firm upwards of $2 million, was denied by the Illinois Attorney General state funds to pay for the impeachment hearings and is facing the prospect of having his campaign fund frozen by the feds - Genson was his usual mischievous self. "I take the cases that are fun," he said. As best-selling author and famed lawyer Scott Turow put it in an e-mail to TIME, "He is a great lawyer who would have been almost as good as a circus ringmaster...
...known him for over 30 years, and he's seen it all," said former governor James Thompson, whose powerhouse firm, Winston & Strawn, once represented the governor's campaign fund. "He's tough, and he knows Chicago...
...cartel war and an equally vicious convulsion of criminal abduction. Kidnapping is such a booming business south of the border that an astonishing 5% of the country's 106 million people report having been a victim or having known one, according to a new survey by the Mexican polling firm Gabinete de Comunicacion Estrategica. In the same poll, 45% of Mexicans who have a phone line said they've been victims of telephone extortion, in which persons call a residence, claim they've abducted a family member and demand a ransom. Often the claims of abduction are false; but either...