"...The exchange between Sarkozy and Hu got so heated, said a source -- who is not a member of the Obama administration -- it was threatening the unity of the G-20 leaders' meeting... But Mr. Obama stepped between the two men, urging them to try to find consensus, and giving them a "pep talk" about the importance of working together."
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Sunday, April 05, 2009
Eric Holder Wants To Release Bush Interrogation Memos
Attorney General Eric Holder wants to release classified Bush-era interrogation memos. But U.S. intel officials are fiercely lobbying the White House to block him from moving forward.
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663,000 U.S. Jobs Lost in Mar., Pushing Unemployment to 8.5%
Despite better-than-expected reports on everything from housing to manufacturing this week, recession-wary U.S. companies are still shedding hundreds of thousands of jobs. The government reported that the nation's employers cut 663,000 workers in March, push the unemployment rate up to 8.5 percent, the highest in nearly 26 years.
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Hedge Fund Paid Obama Adviser Summers $5.2 million
By Roberta Rampton WASHINGTON (Reuters) - Lawrence Summers, a top economic adviser to U.S. President Barack Obama, was paid about $5.2 million by hedge fund D.E. Shaw in the past year, financial disclosure forms released by the White House showed on...
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W.H. team discloses TARP firm ties - Kenneth P. Vogel - POLI
Lawrence Summers, a top economic adviser to President Barack Obama, pulled in more than $2.7 million in speaking fees paid by firms at the heart of the financial crisis, including Citigroup, Goldman Sachs, JPMorgan, Merrill Lynch, Bank of America Corp. and the now-defunct Lehman Brothers.
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First Commenters Are First Douchebags.
If you've heard of this thing called "The Internet," then you've inevitably seen thousands of first comments on blogs, news articles, etc. that simply say "First!"
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Economist: US collapse due to fraud, Geithner covering it up
In an explosive interview on PBS' Bill Moyers Journal, William K. Black, a professor of economics and law with the University of Missouri, alleged that American banks and credit agencies conspired to create a system in which so-called "liars loans" could receive AAA ratings and zero oversight, amounting to a massive "fraud" at the epicenter.
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