Word: patrick
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...This week, Patrick Barta of the Wall Street Journal wrote that a home-appraisal process dominated by mortgage brokers working on commission instead of banks (who actually loan the money) may be inflating home prices beyond their worth. In Barron?s, Alan Abelson devoted his weekly column to the possibility of "a jerrybuilt boom," and called the housing frenzy "the last great asset bubble" - one that may be about to pop. And TIME?s own Dan Kadlec writes this week that housing?s traditional year-long lag behind a falling stock market is about to kick...
...until Joe Moakley, South Boston's beloved 15-term Congressman, announced last February that he was dying of leukemia. Max had bounced around the country from Los Angeles to Philadelphia, but in the carpetbagging Kennedy tradition, he suddenly bought a five-bedroom colonial in Moakley's blue-collar district. Patrick arranged for his cousin to have an audience with Moakley. Max tapped the Kennedy union connections, fund-raising network and advisers. Almost overnight, he became the presumed front runner in a potential field that included at least half a dozen seasoned pols...
...calls, you immediately get up and leave," a former aide says. As chief protector of the Kennedy franchise, "Ted understands that every time there is a Kennedy name on the ballot, the stakes are high for the entire family," says Brown University's West, who wrote a biography of Patrick. By the time Moakley died, on Memorial Day, the Senator's misgivings about Max were mounting. In an extraordinary breach of family secrecy, word leaked to the Boston Globe. Privately, Ted laid out the realities for Max as bluntly as he could, according to two sources familiar with the conversation...
When Joe finally buckled down, he made a Kennedyesque imprint on the Banking Committee, lending his star power to legislation that helped poor people get loans and housing. But he was acutely aware of the opportunity he had squandered. "You'll do fine," he advised Patrick when his younger cousin arrived in the House in 1994. "Just...
...family that stands for liberalism, Kathleen maintains an ideological separation. She is a stalwart of the centrist Democratic Leadership Council, an organization Patrick once blasted for "jeopardizing our values." And she supports the death penalty not because it is a deterrent, she explains, but because there are "awful people" who don't "have a right to live...