Word: reided
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...toward pulling us out of it. And the economy is far from the only unpredictable force the 44th President will contend with. Experts are forecasting a surge in the number of Democrats in Congress that would give Speaker of the House Nancy Pelosi and Senate majority leader Harry Reid the largest majorities either party has had since the early 1990s. This would obviously limit the options of a Republican President McCain. But Congress would be a complicating factor in the life of President Obama too. After all, the Constitution envisions a strong Congress, and that's just the way committee...
...Silicon Valley in June 2007 when it created a completely open platform for developers - who quickly launched hundreds of thousands of applications - LinkedIn's plan is to carefully and slowly vet everything that goes onto its platform. "We don't want zombies and werewolves and all that," said Reid Hoffman, the brilliant entrepreneur who founded LinkedIn in May 2003, during a particularly bleak part of the dotcom meltdown. He told me that if his social network offered 60 applications a year from now, "we'd be very happy. The focus is on quality, not quantity...
...Reid's comments forced Metlife to issue a press release insisting it was not the company Reid nearly outed. "The statement yesterday by Senate Majority Leader Harry Reid does not apply to MetLife," the release stated."MetLife is financially sound and has high ratings from all of the major insurance ratings agencies. MetLife is fully able to meet all its obligations...
...seems unlikely that Reid's contretemps will be the last. At least part of the recently passed $700 billion financial rescue plan will be used to inject cash into banks and other financial companies in an effort to unlock frozen capital markets. Which banks get how much remains to be seen. Amid all the uncertainty, one thing at least seems clear: another big company is likely to require federal help in the coming weeks. And that means loose lips in Washington may add to the off-balance-sheet liabilities of the imploding financial industry...
...fresh move McCain made in his Monday speech was to try to add Democratic congressional leaders Nancy Pelosi and Harry Reid to Obama's team. Given how deeply unpopular Congress is, trying to present himself as a positive vote for divided government makes sense. But why did he wait until he was so close to the finish line to try it? And how will his fellow congressional Republicans running tight races take to being thrown under the bus like that...