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...there really be reason to hope for a year-end rally at a time when the only precedents that seem to apply are the worst bear markets on record? "Mid-December to the end of January is known as the only free lunch on Wall Street," says Sam Stovall, chief investment strategist at Standard & Poor's Equity Research. "This year could be different...
Leibovitz’s career began as an art student in San Francisco. In 1970, she began working for Rolling Stone Magazine and became its chief photographer soon after. Since then she has gone on to take photographs for Vogue, Vanity Fair, and advertising campaigns for American Express, Gap, and Louis Vuitton...
...name Summers to take his place. “I’d be surprised if he weren’t seriously considered for it,” Zeckhauser said, adding that Summers could also end up in a senior position at the World Bank, where he served as chief economist in the early 1990s. The selection has created little stir among the liberal groups that had expressed strong opposition to Summers’ possible appointment as Treasury secretary. The National Organization for Women and other women’s groups, for example, had issued sharply-worded statements of protest...
...Kennedy School alumni have also gotten involved, including Josh Gotbaum, who will lead the Economics and International Trade Team, and Joani L. Walsh, who will serve as a special assistant on the Agency Review Transition Working Group. Peter M. Rouse, who served as Senator Obama’s chief of staff, will now serve as his senior adviser...
...only one. Last month five top officials at the federal organized-crime task force were collared for the same crime after being fingered by an informant who, astonishingly, worked for both the U.S. embassy in Mexico City and the Sinaloa narcos. Days later federal police chief Gerardo Garay - whose predecessor, Edgar Millan, was murdered by narco hit men last May, allegedly with the aid of a federal cop - resigned after being linked to a Sinaloa capo. Mario Velarde, a top boss of the federal police force's antidrug unit and a former private secretary to Garcia Luna, was also detained...