Word: headings
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John Thain's swift departure as head of Bank of America's (BofA) Merrill Lynch unit after a 15-minute dustup with his boss, CEO Ken Lewis, is a consequence of friction that occurs when conflicting business maxims come into contact. And the fact that Thain must really love...
...American Enterprise Institute, a right-leaning think tank, invited Gramm in Friday to make his case and take some questions. The crowd was heavy on the conservative Washington notables - Cato Institute chairman emeritus William Niskanen, McCain campaign talking head Nancy Pfotenhauer and Iraq War architect Paul Wolfowitz were three that I recognized. But rabble off the street were welcome as well. (Read a critique of Phil Gramm's explanation of the financial crisis...
That's no accident. In May 2008, then White House chief of staff Joshua Bolten issued a memo instructing federal agencies to finalize any new regulations by Nov. 1, 2008. At the time, the White House said the memo was meant to head off the rush of last-minute rulemaking that usually jams up the final months of any outgoing Administration. But it also had a tactical purpose: new regulations require 30 to 60 days from their official publication in the Federal Register to take effect. (Regulations that have an "insignificant" economic effect - less than $100 million - need 30 days...
...fellows will be Tina Flournoy, assistant to the president for public policy at the American Federation of Teachers and former co-chair of the Democratic National Committee’s rules and bylaws committee; Jim Ramstad, a former Minnesota Congressman who has been mentioned as a possible choice to head the Office of National Drug Control Policy; and Teresa Vilmain, a political organizer and consultant...
...investigations of officials, even by the very officials tasked with controlling the Internet. The post's author claimed to be a reporter from the state-run Xinhua News Service whose daughter twice went to dinner with Chen, the deputy director in the Beijing Internet Propaganda Management office. Xiao Qiang, head of the Berkeley China Internet Project, said that within hours of the anonymous story's posting, it had migrated to thousands of other sites despite efforts by official censors to block its spread. Xiao calls this type of online opprobrium for officials "click-to-kill." "It doesn't matter...