Word: monday
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...Monday, President Obama tasked one-time cop and Secret Service agent Earl Devaney with his largest policing job yet: monitoring spending of the administration's $787 billion stimulus plan...
...When it comes to the week ahead, Obama is likely to focus his anti-Bush message on the rather technical subject of budget gimmickry. Obama previewed this line of reasoning on Monday, when he kicked off a fiscal summit at the White House. "For too long, our budget process in Washington has been an exercise in deception," Obama announced. "We do ourselves no favors by hiding the truth about what we spend." In specific terms, this means accounting for expenses like the wars in Iraq and Afghanistan as well as natural disasters as part of the normal budget process...
...ability to set the terms of the bipartisan discussion. He wins by talking about the need for bipartisanship - yet he has enough votes in Congress to largely determine when too much bipartisanship would hurt his agenda. "On the one hand, the majority has to be inclusive," he explained on Monday, during an afternoon discussion with lawmakers. "On the other hand, the minority has to be constructive...
Pulling in record prices for seven artists, the much-anticipated auction of Yves Saint Laurent's art collection got off to a flying start on Day One's sale of Impressionist and modern art. The $266 million tallied on Monday - a record auction for a private collection - is good news for the AIDS researchers who will get part of the proceeds; for Pierre Bergé, the designer's former companion and lifelong business partner who put their joint collection on the block; and for Christie's and the entire art market, which hopes the stunning performance will be the shot...
...stratospheric - growth over the coming years. In 1979, two years before the record-setting 1911 Mattise would wind up in Saint Laurent's hands, Nahmad paid about $300,000 for the piece. Although he is sanguine about the market, the dealer, based in Monte Carlo, Monaco, was staggered by Monday's sale, which also netted records for Piet Mondrian (two of the Dutchman's paintings sold for eight-digit figures), Giorgio de Chirico, Marcel Duchamp, Paul Klee and James Ensor. "It was the most amazing auction I've ever seen," Nahmad said on the main floor just after the last...