Financial Times
Whither private equity, in the wake of its descent from a “golden age” to the dog house in a handful of months? Few businesses or individuals (save, perhaps, Bear Stearns or Eliot Spitzer, the former New York governor) have fallen so far, so quickly.
New York Times
When President Bush sent his new budget to Congress yesterday, he trumpeted a continuing decline in the deficit and projected a swing back into the black by 2012.
Financial Times
In romping to electoral victory last November, US congressional Democrats brandished a catchy slogan – “Six for 2006” – and a mélange of legislative proposals including a fistful for their first 100 hours in power. On Tuesday, that clock starts. America and the world will be watching closely to see how well the Democrats do.
“[a] surprisingly modest account…Rattner has a journalistic talent for the telling detail, resulting in a memorable tale of life in the middle of the economic meltdown...Rattner deftly draws portraits of the inhabitants of "the Oval" and the West Wing...Rattner has proved himself a gifted chronicler.”
-Time Magazine
