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26 Aug 2010 11:06

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Politics: Ken Mehlman: Former RNC chairman says he’s gay

  • Next up: Current RNC chairman says he’s an idiot. Ken Mehlman, who was the campaign manager behind George W. Bush’s re-election, revealed the fact to family and friends, according to The Atlantic’s Mark Ambinder. Mehlman, who only recently came to that realization, admits that he was in a place to actually do something to encourage gay marriage in his former role, and regrets that he didn’t. But it doesn’t mean that he can’t encourage it in his private life. source

22 Apr 2010 10:49

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Tech: Bill Gates thinks the iPad is merely “okay,” but not great

  • It’s okay. The scenarios aren’t that clear. But it’s good looking. [Steve Jobs] does good design, and [the iPad] is absolutely a good example of that.
  • Bill Gates • Discussing the iPad yesterday, in blunt terms. The former Microsoft CEO and Chairman has a history of being a straight-shooter when he needs to be, but has also praised Steve Jobs in the past for his ability to save Apple (and then some). But dude doesn’t think the iPad is gonna change the world. source

05 Apr 2010 21:24

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U.S.: Meg Whitman is a money-spending force of nature

  • $46M the amount the former eBay chairwoman has spent on her California gubernatorial campaign
  • 40% the size of the lead she has over her GOP primary challenger Steve “Steamrolled” Poizner
  • seven the number of months she has before the election; she leads Jerry Brown, too source

16 Dec 2009 09:57

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02 Dec 2009 23:34

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U.S.: Ben just got Bernanke’d by Bernie Sanders. Ouch.

  • bernanke1202
  • Yeah … Our boy’s gonna have trouble getting a second term. Ben Bernanke’s first term as Federal Reserve chair was marked by a whole bunch of crazy bank failures, financial market distress, bailouts, and pissed-off tea partiers who probably want to hurt him. On the eve of a second confirmation hearing, one independent senator has said “enough.” Bernie Sanders plans to put a hold on Bernanke’s nomination, which means he might be able to filibuster easily. He’s pretty much screwed. source

16 Oct 2009 11:06

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Biz: Ken Lewis is retiring rich, but Bank of America is still struggling

  • $1 billion in losses, mostly from bad debt, this quarter alone source

30 Sep 2009 20:00

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Biz: Bank of America CEO Ken Lewis sure regrets that Merrill Lynch merger

Lewis will be retiring at the end of the year, the victim of months of heavy scrutiny – by regulators and investors – of the failed merger. source
 

09 Sep 2009 10:25

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Music: Snoop Dogg is top cat at an iconic hip-hop label imprint

  • Priority Records just made him top priority. Everybody loves Snoop Dogg, right? (Well, besides the dogg thing, but today he’s an honorary cat.) Well, Priority Records, a gangsta rap label which released classic West Coast hip-hop from the likes of NWA, Eazy-E, Ice Cube and Westside Connection, is making him creative chairman of the label. Just in time for their 25th anniversary, Priority will put him in charge of a series of releases to commemorate the label’s history. Not bad, Niggarachi. source

25 Aug 2009 10:06

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Biz, U.S.: Obama’s got Fed Reserve Chair Ben Bernanke’s back

  • As an expert on the causes of the Great Depression, I’m sure Ben never imagined that he would be part of a team responsible for preventing another.
  • President Barack Obama • In a speech this morning confirming that Bernanke would be reappointed to his post as Federal Reserve Chairman. It’s notable in one way – Bernanke’s a Republican, which means Obama’s got a bipartisan feather in his hat – but considering Bernanke’s predecessor, Alan Greenspan, stuck around for multiple administrations, maybe it’s not. But then again, Greenspan didn’t have the mess that Bernanke’s dealing with. Either way, go Ben! • source

17 Aug 2009 22:29

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Biz, Politics: Alan Greenspan thinks the economic recovery is fleeting

  • I think we’re OK for the next six months. We are getting a recovery in (housing) starts and motor vehicles, but the process doesn’t have legs to it.
  • Former Federal Reserve Chairman Alan Greenspan • Giving his prognosis for the economy. Greenspan spent 18 years chairing the reserve, and he knows what he’s talking about. Greenspan’s tenure has been attacked by some critics who say that the housing bubble burst on his dime, but he defends what he did during the time there. One interesting factoid that came out of this: Greenspan says the auto market is oversaturated, with 20 percent more vehicles on the road than licensed drivers. What’s wrong with that? Everyone needs a car AND a truck! • source