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...exchange contact info, retirees who miss having business cards to hand out (Memphis stationer Baylor Stovall calls them "cruise-ship customers") and itinerant young professionals whose cell phones and e-mail addresses are their most reliable locators. Elaine Milnes, a stay-at-home mom in Grand Rapids, Mich., got fed up with searching for pens on the playground and made a card for herself (title: Caroline's mom). She now operates a thriving online cardmaking venture, MommyBiz.net Ditto for nonparent Ilene Segal, founder of Baby iDesign, a four-year-old stationer in Manhattan. She thinks her playdate cards have caught...
...spending cuts don't add up. REGULATION Unregulated Wall Street products like CDOs contributed to the financial crisis. How would the candidates change regulation in the financial industry? He calls for "a 21st century regulatory framework" based on six principles to improve government oversight, including extending the Fed's purview and tightening regulation of mortgage companies. He talks about "removing regulatory ... impediments to raising capital" yet also calls for reforms to "assure transparency, prevent abuse and protect the public interest." Highlights mortgage-industry reforms. MORTGAGE HELP President Bush signed a sweeping housing bill into law on July 30. Both candidates...
...Building a rapport with President Bush was Paulson's first priority upon taking office. But he also set out to build or reinforce strong ties with the Fed's Bernanke, other Cabinet members, his counterparts overseas, Wall Street CEOs and - perhaps most important - congressional Democrats. Before his appointment, Paulson had been a generous donor to Republican candidates. But he refused to campaign for Republicans in the 2006 congressional elections - a decision that endeared him to the new leadership after the Democrats swept to victory...
...some observers. "I've got a lot of respect for Paulson and his credentials," says Glenn Hubbard, who was chairman of the President's Council of Economic Advisers in the early Bush years and is now dean of Columbia Business School. "But this looks like the Fed and Treasury were lurching from crisis to crisis, when much of this was forecastable...
...Army will never turn violent in Sadr City again. But he says it could carry out more demonstrations "if the government pushes the people and doesn't fulfill its promises." The Interior Ministry official is more wary, saying, "People want services like electricity, water and medical care ... They are fed up with the military in the streets. And don't forget that Sadr City is a very big district and [the residents] are almost under siege. They have very few ways to get in and out, and that could cause pressure and drive some of them to fire...