Michael Thomas

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Time to Make Wall Street Pay

Michael Thomas thinks Wall Street has destroyed America

(Newser) - At 75, novelist Michael Thomas has seen much. “If anyone asks me what has been the great American story of my lifetime, I have a ready answer,” he writes in Newsweek : “It is the corruption, money-based, that has settled like some all-enveloping excremental mist on the landscape... More »

Redstone Sued Over Midway Games Sale

Stake in Mortal Kombat company sold for peanuts for tax writeoff

(Newser) - Creditors of the video-game company behind the Mortal Kombat series are suing Sumner Redstone and board members after Redstone, Midway’s former majority owner, sold the company in a “fraudulent transfer,” the Chicago Tribune reports. Creditors say the media mogul sold his 87% stake for just $100,000... More »

2 Stories