Combined with the insider influence of defense industry lobbyists, it means that the U.S. economy has become hooked like an addict to an ongoing fiscal stimulus from military expenditures.
Earlier in November, U.S. Attorney Preet Bharara may have hooked his biggest insider trade, after unveiling new allegations against a SAC Capital Management trader that raises the prospect the worst is yet to come for the hedge fund and its founder Steven A. Cohen.
The Mexican phone giant has hooked up with Sprint and is angling for an FCC license to provide international service in the U.S., where it plans to target Spanish- speakers.