Word: barneys
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...this was bipartisanship," Barney Frank sputtered after Democrats lost yet another vote in the House Judiciary Committee, "the Taliban wins a medal for religious tolerance." But as long as awards are being handed out, Frank should get an Emmy for standing in front of the TV cameras and managing to look so surprised. It didn't take last week's string of straight-party votes--on everything from which evidence to release to the ground rules for impeachment--to prove what most of Capitol Hill already knows. Clinton's fate lies in the hands of one of the most doggedly...
WASHINGTON: The Democrats, of course, never had a chance. Not long after a dueling-banjos press conference between Judiciary Committee Chairman Henry Hyde and official minority wag Barney Frank, the timetable was set: the Clinton tapes, along with 3,183 pages of transcripts and additional materials, will hit the airwaves at 9:00 ET Monday morning. Republicans, naturally, want to convict the President in the court of public opinion, and Democrats -- well, Democrats would obviously like this whole thing to go back in the vault. Consequence: the statesmanship charade is off. "If this is bipartisanship, then the Taliban wins...
...visit from the G-men.) But the outrage on both sides of the House is genuine. "This is a way to push back against the Hyde story, which infuriates all of the leadership," says TIME congressional correspondent John Dickerson. Republicans, however, could profit from the example of Massachusetts Democrat Barney Frank, who when faced with a sex scandal of his own -- gay-themed, no less -- just took his beating and moved on. "You think I'm worried?" Frank quipped last week. "I already gave at the office...
...lure of big returns from Russian investments on which--surprise!--the Yeltsin government has defaulted. Citicorp announced that its earnings for the third quarter will be cut by about $200 million in Russian losses. The price tag at Bankers Trust, about $260 million; at brokerage firm Salomon Smith Barney, $360 million in the past two months...
...January effect" as investors buy stocks that have been driven arbitrarily low. But in a year like this one, with widespread losses, it makes sense to start sooner. "The smart move is to think like it's November in September," says John Manley, market strategist at Salomon Smith Barney...