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Surely It’s Just an Oversight

Thursday, May 3, 2012 — The following item ran in our “Admiral Fowle’s Piscataqua River Tidal Guide (Not for Navigational Purposes)” for this date: “1945 — The RAF bombs the German ship Cap Arcona in the mistaken belief it’s carrying SS officers. Of 4,500 concentration camp inmates aboard, only 350 survive.” For some reason this debacle, like 1944’s Exercise Tiger, is rarely recalled by armchair generals and talk show chickenhawks.

When E.F. Hutton Confesses …

Wednesday, May 2, 2012 — The following item ran in our “Admiral Fowle’s Piscataqua River Tidal Guide (Not for Navigational Purposes)” for this date: “1985 — E.F. Hutton, the brokerage company, pleads guilty to 2,000 federal charges; agrees to cough up $10 million.” In the early 1980s, federal prosecutors nailed E.F. Hutton & Co. on a massive, company-wide check-kiting scheme. Twenty-five senior officers were implicated, and three could have gone to the slammer, but the Justice Department let them off with a fine that William Safire — no socialist he — said was the equivalent of “putting a parking ticket on the Brink’s getaway car.” …

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Schrödinger’s Job

Tuesday, May 1, 2012 — The following items ran in our “Admiral Fowle’s Piscataqua River Tidal Guide (Not for Navigational Purposes)” for this date: “1999 — The New Hampshire Gazette resumes regular (fortnightly) publication in Portsmouth.” “1989 — New Hampshire Secretary of State for Life William Gardner assigns legal ownership of The New Hampshire Gazette to the current editor.” The Occupy Movement has issued this call for a General Strike today: “We ask you to do one of two things to commemorate this day: Don’t like what you do? Don’t do it. Take one day to do something you love, instead. Love what you do? …

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Vandal Horde Descends on Capitol

Monday, April 30, 2012 — The following item ran in our “Admiral Fowle’s Piscataqua River Tidal Guide (Not for Navigational Purposes)” for this date: “1894 — Five hundred unemployed workers led by Jacob Coxey arrive in Washington, D.C. from Massilon, OH, demanding work.” The collapse of the publicly-subsidized, Congressional-bribe dispensing U.S. railroad industry in 1893 knocked the rest of the national economy into the worst depression to date, with unemployment rising to 18 percent. Hundreds of scruffy-looking individuals took this unfortunate circumstance as an excuse to sully the Capitol. Authorities arrested them the next day for walking on the grass.

… And a Wake-Up

Sunday, April 29, 2012 — The following item ran in our “Admiral Fowle’s Piscataqua River Tidal Guide (Not for Navigational Purposes)” for this date: “1975 — In Vietnam, the last Americans leave.” Among other losses: the opportunity to learn from a mistake.

What Could Go Wrong?

Saturday, April 28, 2012 — The following item ran in our “Admiral Fowle’s Piscataqua River Tidal Guide (Not for Navigational Purposes)” for this date: “2004 — The Securities and Exchange Commission votes unanimously to let investment banks risk far more money and keep far less in reserve. What could possibly go wrong?” At right: William H. Donaldson, Chairman of the Securities and Exchange Commission 2003 – 2005, who said on April 28, 2004, in reference to the above decision: “If we do this wisely, and we and our fellow regulators listen to and learn from each other, we will help the investing public by using …

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