Word: chicago
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...elected statewide in Illinois. With Obama's departure, the Senate will be devoid of black representation - a fact that Burris' presence would change, which Blagojevich was surely mindful of when he made the surprising move to make an appointment. In recent days, African-American leaders in both Chicago and Congress have argued for Burris' admission, with Representative Bobby Rush calling the Senate the "last bastion of plantation politics." After initially dismissing the appointment out of hand, Dems have been put on the defensive, and they are now quick to say that if Burris were to be appointed by Lieut. Governor...
Wonder why Chicago-based hedge fund Citadel is not allowing investors to withdraw their money until at least March? Citadel has already reported about 50% losses for its two largest funds. Remember: these are unrealized losses. If Citadel liquidated assets to pay out to investors, losses would be even greater. Barring a miracle, the first investors out would lose less than those going out later. But even in good times, the withdrawal of money from a hedge fund impinges its performance...
...Kagan has supported Obama, a Law School graduate, in the past, and the two met when they served on the faculty of the University of Chicago Law School in the early and mid-1990s...
...tizzy. Over the next couple of weeks, as the postelection honeymoon builds to its inaugural apex, the gossip rags and the news pages can all report the same story. Entertainment Tonight and PBS's NewsHour will be able to compete for scoops. Obama flew in Sunday afternoon from Chicago on a jumbo jet from the Air Force's presidential fleet. (He was choked up leaving his old house!) He moved into a hotel with his family. (The Hay-Adams, where Mark Twain drank!) His daughters were shuttled off to a new school. (Tuition is almost $30,000 a year...
Kagan served on the faculty of the University of Chicago Law School with Obama in the early and mid-1990s...