Posts Tagged ‘article



24
Jun
12

Rise and Shine

Morning everyone ;-)

A bit of a busy day again, but I’l be dropping in and out – very regularly – to see if Jovie, amk and VC are behaving. And I’ll update if anything historic happens, like Willard telling the truth. Meanwhile, chat away.

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PS Thanks to Susanne and amk for the link to this story …. yep, America really needs Romney’s business ‘experience':

Boston.com: It was at the height of the 1980s buyout boom when Mitt Romney went in search of $300 million to finance one of the most lucrative deals he would ever manage. The man who would help provide the money was none other than the famed junk-bond king Michael Milken.

What transpired would become not just one of the most profitable leveraged buyouts of the era, but also one of the most revealing stories of Romney’s Bain Capital career. It showed how he pivoted from being a relatively cautious investor to risking his reputation for a big payoff. It is one that Romney has rarely, if ever, mentioned in his two bids for the presidency, perhaps because the Houston-based department store chain that Bain assembled later went into bankruptcy.

But what distinguishes this deal from the nearly 100 others that Romney did over a 15-year period was his close work with Milken’s firm, Drexel Burnham Lambert Inc. At the time of the deal, it was widely known that Milken and his company were under federal investigation, yet Romney decided to go ahead with the deal because Drexel had a unique ability to sell high-risk, high-yield debt instruments, known as “junk bonds.”

More here

23
May
12

“I want to know if my hair is just like yours”

NYT: For decades at the White House, photographs of the president at work and at play have hung throughout the West Wing, and each print soon gives way to a more recent shot. But one picture of President Obama remains after three years.

In the photo, Mr. Obama looks to be bowing to a sharply dressed 5-year-old black boy, who stands erect beside the Oval Office desk, his arm raised to touch the president’s hair — to see if it feels like his.

…. The boy in the picture is Jacob Philadelphia of Columbia, Md. Three years ago this month, his father, Carlton, a former Marine, was leaving the White House staff….

When the pictures were taken and the family was about to leave, Mr. Philadelphia told Mr. Obama that his sons each had a question…

Jacob spoke first.

“I want to know if my hair is just like yours,” he told Mr. Obama, so quietly that the president asked him to speak again.

Jacob did, and Mr. Obama replied, “Why don’t you touch it and see for yourself?” He brought his head level with Jacob, who hesitated.

“Touch it, dude!” Mr. Obama said.

As Jacob patted the presidential crown, Mr. Souza snapped.

“So, what do you think?” Mr. Obama asked.

“Yes, it does feel the same,” Jacob said.

….Jacob, now 8, said he indeed does want to be president. “Or a test pilot.”

More here

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Brilliant find, BWD

15
Apr
12

rise and shine

Own up, which one of you wrote this for El Universal?

Eh, with thanks to Google Translate……

Obama, The Man of the Summit

El Universal: If those in the Gethsemane audience could vote in the upcoming U.S. presidential election, President Barack Obama would surely get plenty of votes….

… thunderous applause greeted the president when he made his entrance to the auditorium … which hosted the opening ceremony of the Sixth Summit of the Americas.

Obama has shown in Cartagena what we already knew: that he is a very charismatic person…. elegant…

…. walking down the red carpet to the Convention Center … Barack Obama, the “man of the Summit”, wore a white shirt, trousers and brown shoes and black jacket. In the lapel of his jacket he wore a pin with the flag of his country and the gray in his hair shone in the Cartagena sun….

This style and his permanent real smile make him a very charismatic man and even … attractive.

:cool:

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Morning everyone ;-) I’ll be back later today – chat away.




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