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...Dovey, managing partner at Scorpio Partnership, which in August helped Swiss bank UBS roll out Dialogue, a new financial-education service. But having money and being savvy about it are "not directly linked," he says. Another such program is Citi Private Bank's annual NextGen conference, which has been held in Singapore and Hong Kong since 2003. Each year, the bank sends invitations to the adult children of clients whose net worth exceeds $10 million. Participants attend investment seminars, play finance-related games and take part in team-building and social events...
...While it would be unacceptable for any candidate to demonstrate such ignorance on these matters, as the Republican Party’s first woman ever on a presidential ticket, the stakes for Palin were high. Just as Sen. Barack Obama was held to an elevated standard as the first African-American candidate to approach the presidency, all eyes turned to Palin as she entered the spotlight. The result was disappointing—and quite terrifying...
...Deemed "enemy combatants" by the U.S. Government, the hundreds of detainees currently being held in Gitmo (as the base is known) were considered ineligible for the normal legal process that U.S. prisoners are entitled to, and unprotected by the prisoner of war statutes of the Geneva Convention by virtue of being alleged combatants of a "foreign terrorist group" rather than belonging to a standing foreign army. President Bush's passage of the Military Commissions Act in 2006 authorized the use of military tribunals in place of federal courts to try the detainees, and justified the use of some forms...
Certainly Crist isn't happy about John McCain's loss in Florida, especially since he endorsed McCain in the state's primary. But when Crist convenes the Republican Governors Association conference on Wednesday, which is being held in Miami this year, he won't be quite the damaged political goods that many McCain supporters are trying to paint him as. In fact, Crist and other bipartisan Republican governors may well be the model for how the GOP should rebuild itself after the crippling losses of both 2006 and 2008. (See pictures of John McCain's campaign farewell...
Former Taiwanese President Chen Shui-bian made history on Tuesday as the first former president to get taken to jail. Chen, who left office in May amid scandal, held his handcuffs high and shouted, "Political persecution!" and "Cheers for Taiwan!" as he was led to the Taipei District Court, arrested on corruption charges that include money laundering, embezzlement, bribery and forgery. In August, Chen admitted that his wife had wired $20 million in leftover campaign funds overseas earlier in the year, but he denied engaging in money laundering. After an overnight session with prosecutors, judges decided on Wednesday morning...