Late last year, we posed several questions to Banco Popular President and CEO Richard Carrion, in conjunction…
CFIF on Twitter CFIF on YouTube
Puerto Rico: Lingering Questions for Banco Popular’s Richard Carrion

Late last year, we posed several questions to Banco Popular President and CEO Richard Carrion, in conjunction with his appearance as a witness during a Congressional hearing on Puerto Rico’s public debt.

Our questions centered mainly upon his recent emergence as a staunch advocate of a unilateral restructuring of Puerto Rico’s debt, a bizarrely anti-lender stance for the head of the  Island’s largest bank.  Among our questions, we asked how Carrion’s bank had avoided the severe exposure to Puerto Rican debt experienced by the Island’s other lenders and citizens, and why Popular – a private sector leader by any definition – has been so reluctant to align with other private sector actors in negotiating a consensual debt solution between Puerto Rico and its lenders.

Needless…[more]

February 09, 2016 • 09:53 pm

Liberty Update

CFIFs latest news, commentary and alerts delivered to your inbox.
Jester's CourtroomLegal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts.
A 17-Year-Old's Letter to President Obama about Football Print
By Nick Bookout
Wednesday, January 30 2013

Dear President Obama:
 
I am a 17-year old high school senior who has proudly played football for 11 years. I read with great dismay your recent comments in The New Republic in which you state that you would have to “think long and hard” before allowing a son to play football. With all due respect, I couldn’t sit quietly on the sidelines as your comments kicked off a national debate. 
 
Without a doubt, football is a dangerous game and I agree that it is even more so at the college and professional levels. More concerning about your comments, however, is the trickle down effect they will have on the sport at other levels, including youth and high school, where the number of kids who suffer serious injuries compares to those playing other sports. 
 
Overregulation and parental concern could sideline many young players who could gain a lot from the experience. Thankfully, my parents, one of whom is an orthopedic surgeon, did not deny me this opportunity.
 
Football taught me that you could achieve almost anything through hard work and dedication. You don’t have to be the biggest, strongest, fastest or best player, but you do have to be the hardest working player, both on and off the field.
 
Football taught me accountability. In football, you’re accountable to your coaches, your teammates, and yourself. If you do this, you show that you can be trusted and you can become a role model for younger kids in the community.
 
Football is a bond that will forever tie me to my teammates and community. I have 50 men I can call brothers, and football brought together people in the community of different ages, color and socioeconomic status every Friday night to cheer us on. 
 
Football taught me how to be a leader. By observing my coaches and former teammates, I witnessed what it takes to be a leader. As Dwight Eisenhower once said, “The supreme quality for leadership is unquestionably integrity. Without it, no real success is possible, no matter whether it is on a section gang, a football field, in an army, or in an office.”
 
Football taught me that a key ingredient to athletic success is to work hard in the classroom; football made me a better student and academics made me a better football player. For a student-athlete to reach the pinnacle, it takes discipline, time management, passion and commitment.  It also takes sacrifice. The determination that led me to excel in sports helped me to succeed in the classroom and will help me succeed in life. 
 
My most rewarding memories involve football and I am forever grateful to my teammates, coaches and the game of football for these memories, which go way beyond touchdowns and Friday nights. For these reasons, and others, football is far more than a game; it is a lesson in tradition, teamwork, academic commitment and perseverance. 
 
I would hate for anyone to be denied the lessons I’ve learned playing football. My sincere hope is that experiences such as mine will be taken into consideration if and when changes are made to the sport.


Nick Bookout is a senior at Gulf Breeze High School (FL), captain of his varsity football and basketball teams, and a National Merit Semifinalist.  Bookout is the son of CFIF corporate counsel Renee Giachino.

Question of the Week   
Which one of the following individuals is considered the architect of South Carolina’s (“First in the South”) presidential primary?
More Questions
Quote of the Day   
 
"The Supreme Court halted the EPA's major anti-global warming initiative late Tuesday evening, dealing a major blow to President Obama's hopes of overseeing a green energy transition in his final year in office. The 5-4 decision by the court puts the Environmental Protection Agency's regulation on hold while a lower appeals court hears states' challenge to the rules. More than two dozen states sued…[more]
 
 
—Stephen Dinan, Washington Times
— Stephen Dinan, Washington Times
 
Liberty Poll   

Of the 8 remaining Republican presidential candidates, which one is your current choice for the nomination?