Word: capitols
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...down 98%, to $0.74); insurers AIG (down 97%, to $1.80) and Ambac (down 95%, to $1.38); and brokerage MF Global (down 94%, to $1.96) - operators of smaller, community banks that ostensibly didn't get caught up in so much mortgage-related fancy footwork have often thrived. Among them: Capitol Federal Financial in Kansas (up 41%, to $43.65), Tompkins Financial in New York (up 34%, to $52.00), First Financial Bankshares in Texas (up 41%, to $52.97) and TowneBank in Virginia (up 35%, to $21.69). Two of the year's top gainers have been middle-market investment bank Broadpoint Securities Group...
...here didn't hesitate to call Illinois one of the - if not the - most corrupt states in the nation, Lieut. Governor Pat Quinn is considered something of a Goody Two-Shoes. Responsible for slashing the size of the state legislature, he has been booed by legislators on the capitol floor. He keeps a minimal staff and is said to charge $75 a ticket for fundraisers - at a time when entry to most is well into the hundreds if not thousands of dollars. The former tax attorney and divorced father of two started a citizens' oversight board for the state...
...because a student had only a general ticket to the inauguration,” whereas “a petition was recently approved because a student and her family had been extensively involved in the Obama campaign, had reserved seats next to the platform on the steps of the Capitol, and had invitations to the inaugural balls.” That students with powerful family ties who contributed financially to the campaign should gain preference over those who exerted great effort and spent time on the campaign is somewhat appalling. It is not the Ad Board’s prerogative...
...Within days, Washington snapped into action. Secretary Paulson strode into the Capitol building with a now-infamous $700 billion rescue package, and even wounded egos and weekend flights could not dampen the urgent sense that something must be done, overtime pay be damned. At first, his plan did not pass—a common fate of laws that are divisive, unwanted, and absolutely necessary. This time, however, the crisis intervened. The bill was put to another vote and signed into law with bipartisan and hysterical relief—because there was nothing else to be done...
...Congress - that's 22 years more than the president-elect. If confirmed, Tom Daschle will no doubt help Obama navigate legislative pitfalls in their efforts to overhaul the U.S. healthcare system. But Daschle also brings to the job the Midwestern manners that made him a likable personality on Capitol Hill. Since leaving the Senate in 2004, Tom Daschle has maintained close ties to Washington, as an employee of a lobbying firm, healthcare policy expert and an early adviser to the Obama campaign. (See TIME's Top 10 Political Photos...