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...Wall Street and in the White House. "Unless Congress breaks up the megabanks that are 'too big to fail,' " he declared to an empty chamber, "the American taxpayer will remain the ultimate guarantor in an almost-certain-to-repeat-itself cycle of boom, bust and bailout." (See the top 10 unfortunate political one-liners...
...says he has not talked with the White House - or former boss Biden - about these issues and has only words of praise for Connecticut Senator Chris Dodd, a onetime champion of deregulation who wrote the Banking Committee bill. "We just have a very different view," he says. (See the top 10 political gaffes...
...deposed President, [Askar] Akayev, for his family values, for the fact that his relatives had positions throughout the Kyrgyz economy. I have the impression that Mr. Bakiyev has been stepping on the same rakes," he said, alluding to the fact that Bakiyev appointed family members, including his son, to top government posts. A Kremlin source told Russia's Interfax news agency on Wednesday that Bakiyev "would not be welcome in Moscow...
...People's Republic of China. The event would be broadcast nationwide to one of those billion-person audiences only China can deliver. The party had planned a parade with fighter-jet flyovers, missiles that would roll along Eternal Peace Street and the once-a-decade ritual in which the top leader dons a Mao suit, stands in the open sunroof of a 1950s-style limousine and is driven past the Forbidden City - a moment that can seem quixotic to Westerners, as if the American President crossed the Delaware River wearing a tricorn hat every 10th anniversary of the winter...
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