Word: presse
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...press conference on Wednesday, Paulson suggested that he was about to expand his tool kit. "It is the policy of the Federal Government to use all resources at its disposal to make our financial system stronger," he said. "We will use all of the tools we've been given to maximum effectiveness, including strengthening the capitalization of financial institutions of every size." Put another way, a senior Administration official says, the $700 billion is "for everyone; it's for everything: buying assets, insuring assets or purchasing equity, the biggest to smallest...
...former beauty-pageant queen as bringing a flute for the "talent portion" of the debate, Real Palin was blowing a harsher tune. She cast Obama as a suspicious other--"not a man who sees America like you and I see America"--in a line of attack the Associated Press called "racially tinged." Fey's Palin hasn't set up mass viewers to see this side of her--not yet, anyway. It's not the funny, bumbling Sarah we know! We're conditioned to expect her to ask to "phone a friend," not accuse Obama of befriending terrorists...
...Partnership: The Making of Goldman Sachs By Charles D. Ellis Penguin Press; 729 pages...
With The Partnership, Ellis has fashioned a taut and anecdote-rich narrative stretched over a sturdy frame of historical context. A longtime consultant to Goldman, he sometimes lets the book lapse into press-releasey hagiography. But for a job well done, Ellis deserves to take a victory lap around Wall Street. You'll surely recognize him; he'll be out there by himself...
USAGE: "You can set up Mail Goggles to protect you from yourself at other emotionally vulnerable times--before your morning coffee, for example, or right after Grey's Anatomy." --Associated Press...