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Last year one U.S.-stock mutual fund made money. One. Out of thousands. TIME's Barbara Kiviat spoke with Tom Forester, who steered the $62 million Forester Value Fund to a category-besting 0.4% return, about a very difficult year and what lies ahead. (See pictures of the Top 10 scared traders...
...think the Republicans should nominate [Colorado Rep.] Tom Tancredo." - as an adviser to Hillary Clinton's presidential campaign, joking that global warming would fare better as a 2008 campaign issue if the GOP picked a candidate skeptical on the science. Tancredo had recently told the Associated Press that the last work of fiction he read was An Inconvenient Truth by former Vice President Al Gore (Environment & Energy News...
...another sign of strains in the Texas GOP that Bush will find upon his return home, Midland's second most famous politician, conservative Texas house speaker Tom Craddick, was recently ousted from his leadership position. A 38-year veteran of the state legislature, Craddick assumed the speakership in 2003, the first Republican since Reconstruction to do so. He went on to play a key role in the infamous Tom DeLay-orchestrated mid-decade redistricting battle, which shifted the balance of power in the congressional delegation to the Republican side. Ruling with an iron fist, he alienated a small group...
...buzz off of John Grisham's new book The Associate. The late hours, the fluorescent lights, the vicious competition, the fancy perks, the brilliant minds drowning in gallons of coffee and endless reams of paper. God knows they're not having much fun. But we are. It's a Tom-and-Huck scenario: they paint the fence, while we watch and pretend to get tired. Grisham doesn't try to glamorize it - in fact he works very hard to de-glamorize the way corporate litigation is practiced at high-dollar New York firms - but somehow it has the opposite effect...
Obama for America Campaign Manager David Plouffe, former Labor Secretary Elaine Chao, and former Pennsylvania Governor and Secretary of Homeland Security Tom Ridge are among those who will serve as fellows at Harvard’s Institute of Politics this spring, the IOP announced Friday...