Word: yorke
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...tempting to say that this time is different, that the pain has been so severe and ongoing, the lessons will be remembered. Four exchanges, with encouragement from the Securities and Exchange Commission and the Federal Reserve Bank of New York, have volunteered to create a clearinghouse for the hazily understood concentrations of risk known as credit-default swaps. Investors are also taking more responsibility. Over the past month, the analytics firm RiskMetrics has seen a rush of pension funds, hedge funds and asset managers signing up for tools to analyze counterparty risk. "The only folks who used...
Sources: ABC News; MSNBC; New York Times; CBS Evening News; Huffington Post; Washington Times...
...being swept up and thrown away after the election, here's one that may be the most discredited of all: Americans don't vote based on the vice-presidential nominee. From the moment Sarah Palin finished her incandescent speech at the Republican National Convention to the late-October New York Times/CBS News poll in which a third of respondents said the choice of Vice President would have a "great deal of influence" on their vote, it was clear that Palin was a transformative figure. In short, she single-handedly changed the race - only not in the way John McCain...
What becomes now of Hillary Clinton? Will she run again for President? Make a bid for Senate majority leader? Go home to New York and run for governor? Does she covet a job in Barack Obama's Cabinet or maybe an appointment to the Supreme Court? No, no, no and no, come the answers. As she told me recently, "I'm going to be focused, as I always have been, on what we're going to get done. I'm not interested in just enhancing my visibility. I'm interested in standing on the South Lawn of the White House...
King knew how long he would remain unsatisfied. As long as motels were off limits to blacks; as long as his children read signs saying FOR WHITES ONLY. "We cannot be satisfied," King declared, "as long as a Negro in Mississippi cannot vote and a Negro in New York believes he has nothing for which to vote...