Word: ramsey
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...them with paper, pens and staplers - somewhat shields it from the more dire retail shocks. But the company is still in a dangerous spot. "With their leases and off-balance-sheet leverage, Office Depot's financial risk is undoubtedly high," says Stephen Chick, an equity analyst at Friedman, Billings, Ramsey...
These days, however, few people think the capital-purchase plan makes sense. Paul Miller, an analyst at Friedman Billings Ramsey who covers bank stocks, says the problem with it is that the government is buying preferred shares and not common stock. Miller says preferred equity does nothing to help out common shareholders. That's because holders of preferred shares can demand their money back before holders of common stock can. As a result, bank stocks continue to plummet. And no matter how much total capital a bank or any firm has, if its stock goes to zero...
...district court's ruling itself is a half-way measure for Franken. It ordered the state's second largest county to turn over to the Franken campaign information on voters whose absentee ballots had been rejected. Ramsey County rejected roughly 750 of the nearly 13,000 absentee ballots submitted, or 5.7%. That isn't much but considering the small size of Coleman's current lead, it could prove to be an important avenue for Franken to close the gap. Minnesota law allows elections officials to count legally rejected ballots if they can determine voter intent. With voter information in hand...
...Ramsey County District Court Judge Dale B. Lindman ruled that the voter information was public data and not private as Ramsey's attorneys had argued. By Wednesday evening the county had turned over the information to the Franken campaign. Ramsey County assistant attorney Darwin Lookingbill confirmed that the county will not appeal the ruling...
...number of rejected ballots is not yet known. Still, if Franken gets the state's other counties to give him voter information for their rejected absentee ballots, he might be able to move toward a bank of 16,000 uncounted ballots, if each county rejected a similar percentage as Ramsey. "If [Franken] can get those rejected ballots in the mix I think he's got a much stronger opportunity to win the race," says David Schultz, a Hamline University professor who specializes in elections...