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Summers a smart choice more similar news »
Say what you will about Lawrence Henry Summers, who now commands President-elect Obama's attention as his top White House economic adviser. Summers can be abrasive and abrupt. As president of Harvard University, he was socially tone deaf enough to land himself in hot water with women, environmentalists and the civil rights crowd - all in the space of just five years. Already a feminist group is threatening to make life difficult for Summers.
Mon Nov 24, 2008 more from this source»»
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GM: Death of an American dream more similar news »
Back in 2004, when it was still relatively flush, General Motors invited automotive journalists to the South of France for a three-day "global product seminar." The idea was that writers like me would drive new cars, consume loads of free food and wine, pal around with executives, and develop favorable opinions about GM.
Mon Nov 24, 2008 more from this source»»
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Citi's 'slow, grudging nationalization' more similar news »
In just a few days Citigroup went from trouble to trauma as its stock price plunged amid sweeping layoffs and deep losses on some of its more esoteric assets. When news reports swirled that the megabank was considering a sale of part or all of the company, it was clear that Citi was singing from the same hymnbook as firms like Lehman Brothers, Wachovia and AIG had before they fell. The public's only question: What would the end game look like?
Mon Nov 24, 2008 more from this source»»
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