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...final figure was Émile Moreau of the Banque de France. The others were bankers, but he was a civil servant. He was the mayor of his little town for 35 years, and that captures his character - a rural Frenchman, he could have come out of a novel by Flaubert. Insular, xenophobic, he refused to learn English and believed, somewhat justifiably, that international finance was an Anglo-Saxon conspiracy designed to exclude France...

Author: /time Magazine | Title: Q&A: Lessons from the Great Depression | 1/6/2009 | See Source »

...After his stint under Nixon, moved to New York City to take a job as executive assistant to New York Mayor John Lindsay, where he served as a liaison to the state and federal governments. After working for Lindsay for a year, Panetta switched to the Democratic Party and returned to California to practice...

Author: /time Magazine | Title: CIA Director: Leon Panetta | 1/6/2009 | See Source »

...Charles Marsala, mayor of Atherton, California, the wealthiest zip code in America: "We moved our conversation into the main house, and as we talked Marsala walked me down a hall of famous photographs, many of them of his apparently legendary backyard parties, often showing guests as giant chess pieces. One shindig had a Venetian theme, complete with a gondola, which, in one photo, was being navigated in the pool by the largest shareholder of General Electric. 'He collects army tanks,' Marsala said, shaking his head and chuckling, as if the man collected scrimshaw or hermit crabs. 'He has about...

Author: /time Magazine | Title: The Secrets of American Wealth | 1/4/2009 | See Source »

...Deval L. Patrick ’78 to steer clear of further cuts to Medicaid. At the same time, city councillors and residents have demanded greater budgetary accountability from the CHA and expressed concerns regarding health service cuts that the alliance had made. At a December council meeting, Cambridge Mayor E. Denise Simmons proposed an order that would have withheld the CHA’s city funding and stopped health clinic closings for the next six months if the alliance failed to submit a plan to solicit community input. The order, which failed, was also supported by City Councillor Marjorie...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: CHA Budget Comes Under City Scrutiny | 1/4/2009 | See Source »

Washington, a former spokesman for Chicago's first black mayor, Harold Washington (no relation), wrote that on election night, during a discussion over who might succeed Obama in the Senate, Burris turned to a friend of hers to say, "Why not me?" In mid-December, as the controversy raged over Blagojevich's alleged plot to sell the seat, Burris held a press conference, declaring, "I am more than happy and willing and able to come to the call of my friends, to try to be able to bring some sanity and help to the people of the state...

Author: /time Magazine | Title: The Obama Senate Seat: Blagojevich Keeps On Giving | 12/30/2008 | See Source »

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