The! Biggest! News! of! the! Day! - Not Exxon Mobil, Crocs, Citigroup, Inflation, or James Cayne's Golf Game

Here are some of the contenders for today's biggest...news...of...the...day...

• An earnings miss from Exxon Mobil (XOM)...
• A disappointing forecast from Crocs (CROX)...
• A report that says James Cayne, the CEO of Bear Stearns (BSC), "was playing bridge and golf and was often out of touch" during the recent crisis at the company...
• Concerns that Citigroup (C) may be forced to cut its dividend....
• An argument that "Federal Reserve officials may be done cutting interest rates"...
• Date on inflation...
• An increase in foreclosures...
• Earnings from Sprint Nextel (S)...

While those are all stories worth watching, I think it is obviously clear that the biggest story is this - Judge: Speeding not 'as bad' in miles...according to the article, a judge reduced the charge against a driver caught speeding because "the speed did not look as bad when converted into miles, or 112 mph."...it is also said that "One in six Irish drivers has never passed an on-the-road test"...

Yup - you read that correctly it "did not look as bad when converted into miles". By that logic, I could be a model if you compared me to well...uh...okay...maybe not...

The encouraging side to this is that we now have a precedent (almost?) for "comparative" justice. In that case, I am keeping this story in my back pocket - And you thought you had a bad day... A - "A man was arrested on Thursday after a bizarre series of events that included him crashing his car, getting shot by a homeowner, breaking a restaurant window and stripping to his underwear"...