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New York City's jobless rate soars; Toyota drives off a cliff; Sullenberger lands in limelight

Heaven can wait: Chesley Sullenberger live, in "US Airways Flight 1549 Full Cockpit Recording"

PRESS CLIPS

To try to counter the sickening economic news, remember another horror story that actually had a happy ending.

Sully Sullenberger knows what "sickening" feels like, although his voice in the above cockpit recording doesn't reveal it. Now, Sully is talking in detail about his astounding, life-saving jet landing on January 15 in the Hudson River, as the Post reports this morning:

First came the bird strike. Then everything went dead silent.

"It was the worst, sickening, pit-of-your-stomach, falling-through-the-floor feeling I've ever felt in my life," hero pilot Chesley B. "Sully" Sullenberger III told CBS's 60 Minutes, according to excerpts released yesterday.

"I knew immediately it was very bad," he said in the interview, set to air Sunday at 7 p.m.

When asked if he wondered how he could get the crippled plane down safely, Sullenberger said he was just stunned. "My initial reaction was one of disbelief," he said.

And now for some bad news that only seems unbelievable...

NO PARTICULAR ORDER:

N.Y. Post: 'SULLY RELIVES SPLASH: JET'S "SICKENING" SILENCE'

N.Y. Daily News: 'Bronx teen missing for a month spent it misidentified in city morgue'

N.Y. Times: 'In the Red, Toyota Sees Loss Tripling'

N.Y. Post: 'CITY JOBLESS RATE MAY HIT CRIPPLING 10.5 PERCENT'

N.Y. Daily News: 'N.Y.C. so costly you need to earn six figures to make middle class'

N.Y. Times: 'As Layoffs Surge, Women May Pass Men in Job Force'

N.Y. Daily News: 'More soldiers committed suicide in January than killed by Al Qaeda'

N.Y. Times: 'Violence and Abuse at City-Run Psychiatric Unit'

N.Y. Daily News: 'Butt-grabbing pervert strikes for 5th time in Gramercy Park'

N.Y. Times: 'U.N.'s Gaza Refugee Director Criticizes Israel and Hamas'

Wall Street Journal: 'Anti-Arab Israeli Party Surges'

Polls Show Avigdor Lieberman's Far-Right Platform Gaining Ahead of Vote

N.Y. Observer: 'New York's Stimulus Take: At Least $41 Billion'

Newsday: 'Ruth Bader Ginsburg hospitalized with pancreatic cancer'

N.Y. Post: '10 YRS. LATER, RED TAPE KEEPS DIALLO MOM FROM HIS GRAVE'

N.Y. Times: 'Pakistani Nuclear Scientist Set Free'

A Pakistani court declared disgraced nuclear scientist Abdul Qadeer Khan free on Friday, ending five years of house arrest for the man at the center of the world's most serious proliferation scandal.

Khan, lionized by many Pakistanis as the father of the country's atomic bomb, confessed to selling nuclear secrets to Iran, North Korea and Libya in 2004, but was immediately pardoned by the government, although his movements were restricted to effective house arrest.

N.Y. Daily News: 'Does New Jersey smell? Just ask the folks who live there...'

N.Y. Post: 'UNIFORMLY ABSURD'

New uniforms for everyone!

The massive $900 billion stimulus bill making its way through Congress would require the feds to purchase up to 100,000 uniforms for the Transportation Security Administration and other Department of Homeland Security workers — a provision critics say won't do anything to spark the economy.

ChannelWeb: 'Privacy Group: Google Latitude Could Track Unsuspecting Users'

N.Y. Post: '"CUT!" & RUN LOOMS: NY OUT OF FILM LURE$'

Wall Street Journal: 'When People Stop Moving, So Do Congressional Seats'

Seeking Alpha: 'The Next American Revolution: Main Street vs. Wall Street'

Wall Street Journal: 'Toyota Flags $3.84 Billion Full-Year Loss'

Seeking Alpha: 'Stimulus Watch: How the Devil Are They Going to Finance All of It?'

N.Y. Times: 'Sales Fall Sharply for Retailers Not Named Wal-Mart'

N.Y. Post: 'MIKE SCOFFS AT ELEX-CASH CAP'

Wall Street Journal: 'Deutsche Bank Fallen Trader Left Behind $1.8 Billion Hole'

The fall of Boaz Weinstein, once one of Wall Street's hottest traders, speaks volumes about why financial firms still are reeling from the shattered global markets.

N.Y. Daily News: 'Octuplet mom Nadya Suleman released from hospital -- to what kind of future?'

N.Y. Times: 'In New York City, an Aromatic Mystery Solved'

N.Y. Daily News: 'Judge might toss damning evidence against Barry Bonds'

N.Y. Post: 'BABY MAMA OUT FITTY MIL'

A Manhattan judge has thrown out a $50 million lawsuit against 50 Cent by the baby mama who said he'd promised to always take care of her.

Bloomberg: 'Fertility Drugs Don't Raise Ovarian Cancer Risk, Study Shows'

N.Y. Times: 'A Diverse Group of Senators at Center Stage in Economic Debate'

Seeking Alpha: 'Why Are the Fed and Treasury Working Against Each Other?'

Seeking Alpha: 'Sleepwalking to Economic Oblivion'

Wall Street Journal: 'Nations Rush to Establish New Barriers to Trade'

N.Y. Post: 'SPITZER GAL BARES EXEC HO $CANDAL'

Wall Street Journal: 'Obama Turns Up Heat, Slams GOP Ideas'

Wall Street Journal: 'Panetta Hearing Focuses on Bush-Era CIA Challenges'

Pick to Run Agency Calls Waterboarding Torture, but Says Employees Following U.S. Lawyers' Opinions Shouldn't Be Prosecuted

Wall Street Journal: 'U.S. Presses Europe for Aid in Afghanistan Amid Political Chill With Russia'

Gary Ackerman's phony bluster: He and Congress pals deserve blame; his own district hard hit by Bernie Madoff

SERVED YOU GOT!It's time to stop pinning the "news" tag on Gary Ackerman's angry outburst at the SEC yesterday for not stopping Bernie Madoff.

Perhaps the most entertaining part of the House hearing, yes. But while the New York Democrat yelled at the SEC, whistleblower Harry Markopolos spoke more softly but cut deeper the day before.

Ackerman's five minutes of fame passed the audio-visual test, but not the smell test.

The SEC deserves harsh criticism. But when it comes to the Madoff scandal — and the role of the SEC in trying to control Wall Street's conniving bankers — Congress stinks it up too by consistently undermining the SEC.

More on that in a minute, but first, more on Ackerman:

There are 14,000 brokerage accounts that make up the latest list of Madoff's victims — "Swindler's List," as L.A.'s Jewish Journal and others call it — and 2,000 of them are Long Island-based, Newsday reports. That's one in seven, and the largest cluster of Long Island suckers — 600 of them — is in Great Neck. And Great Neck is one of the most influential towns in Ackerman's Congressional district, which stretches along Long Island Sound's "Gold Coast" of rich people. Nassau County itself is the nation's 10th-richest county.

Yesterday, I pointed out Ackerman's standing as an ardent loyalist of the Jewish lobby AIPAC loyalist (and a past recipient of campaign money from Madoff). And Madoff, as we well know, leaned heavily on his own Jewishness.

Philip Weiss (the former Observer columnist who got hounded out of there because he dared to write provocatively about Israel) noted that in December 2008 in "Madoff and the Israel lobby." Weiss quoted one of his readers as remarking that "the Madoff event may be the greatest example of intelligent people being blinded by ethnocentrism I've ever seen."

It's no wonder that Ackerman was so pissed off at the SEC. He couldn't blame Madoff's wealthy victims, who, after all, are his constituents. He may not have known that Madoff himself was a monumental goniff, but he and other Jewish Democrats knew very well who the prominent party fundraiser was. No-brainer that Ackerman put on a good TV show; no brains if you think it's consequential news.

Instead of looking at the cameras, Ackerman should be looking in the mirror, notes Seeking Alpha, the largest stock-market blog (and hailed in 2007 by Time as one of the top 50 websites).

The New York-based outlet aimed at investors puts the blame where much of it should be. In "Congress Should Look in the Mirror Before Attacking the SEC," GT McDuffy notes:

It's far too easy to blame the SEC for the Bernie Madoff fiasco — or anything else. In fact, it's way too convenient. And, Rep. Gary Ackerman (D-N.Y.) yesterday blaming the SEC for undermining the confidence Americans have in the financial markets is outrageous.

Mr. Ackerman, how dare you.

It is the SEC's job to investigate and enforce — yet they do so under, and within, the laws and regulations set forth by Congress. Period.

McDuffy is just getting warmed up. And I'm going to include a lengthy excerpt. Just as James Lieber's must-read "Up in Smoke: What Cooked the World's Economy?" in my own paper probed and poked at Wall Street's machinations, McDuffy jabs at Congress for its role in the fiasco.

The differing perspectives of the two pieces sketch a good portrait of the Wall Street crime scene. Ackerman's incredulity was phony, as McDuffy's credible screed points out. Hence, this long excerpt from McDuffy:

It is Congress that has allowed generations of Wall Street executives and lobbyists to operate, unchecked, within a culture of greed and arrogance — arrogance that allowed the monolithic investment firms to gamble with the taxpayers' money and lose billions due to incompetent trading and reckless investment decisions- only to then have these same firms come running back to the same taxpayers to be bailed out — and using their insider proxies on the Hill to do so.

It is Congress that, to this day, has never provided the SEC with sufficient funding and manpower to be able to effectively investigate and enforce the markets.

It is Congress that set up the rules for the mortgage market — and let their own mortgage children, Fannie Mae and Freddie Mac, wield havoc within the mortgage industry right under their noses.

It is Congress that let hedge funds run wild, manipulating every market on the planet. And continue to do so.

It is Congress that failed to regulate the un-Godly dark world of the derivatives market.

It is Congress that seems to only tackle any or all of the above once it becomes politically-correct to placate their tax-paying constituents — and only seems to even begin making a legitimate attempt at it — if there is a "TV-op" attached in the process.

And, it is Congress which loves to grand-stand on national television before taxpayers and levy blame on everyone but themselves for what is wrong.

You don't have to be Jewish to understand where much of the blame for the Madoff scandal and other Wall Street shenanigans should be levied.

Fossils still bite: Bernie Madoff and prehistoric snakes

PRESS CLIPS Good for the New York Times! Always trying to take a broad view (even when one doesn't exist, as Jack Shafer often points out), the paper weighs in on how the plight of Bernie Madoff's white-haired victims gives us valuable insights about the global meltdown with this morning's "Fossils of Largest Snake Give Hint of Hot Earth."

Good info that the "prehistoric snake" was "a giant relative of today's boa constrictors." The elderly Madoff wasn't the first, nor will he be the last, snake to swallow your money. Wall Street is really is a dangerous place, even for celebrities — see the latest list of Madoff's victims.

Madoff whistleblower Harry Markopolos's testimony yesterday on Capitol wasn't quite as colorful, but the bookish-yet-tigerish accountant was pretty damn intense, as I previously noted.

Among other fascinating details, Markopolos told the dazed House members that he planned to deliver to the SEC today a "mini-Madoff." The agency is sure to accept this silver platter with respect and care.

President Barack Obama, on the other hand, is showing me no respect with his $500,000 limit on CEO pay ( VIDEO). To get a bailout, I have to limit my pay? I don't think so.

While I wait for my manservant to dress me, I'll also point out that the Times story "Daschle's Ambitions Collided, Friends Say" does little more than say what I already said yesterday. The Times was more polite.

Please click on these items. Pretty please...

NO PARTICULAR ORDER:

CNN: 'Toyota shuts down all but one assembly line'

N.Y. Post: 'BANKS' MONEY WELL SPENT'

New York's top banking firms went on a multimillion lobbying spree late last year -- just as the feds were crafting a $700 billion rescue plan for struggling banks.

The banks got an extraordinary return on their investment, as they got federal cash injections that were thousands of times larger than what they spent trying to influence Congress and the administration - which doled out the cash.

Newsday: 'Drilling leases on Utah land scrapped'

In a high-profile reversal of the Bush administration, Interior Secretary Ken Salazar said yesterday the government is scrapping the leases of 77 parcels of federal land for oil and gas drilling in Utah's redrock country.

N.Y. Daily News: 'Twins' rage: Coward could never face our father'

N.Y. Times: 'Senate Adds Homebuyer Tax Credit to Stimulus Bill'

N.Y. Post: 'O WARNS OF "CATA$TROPHE": URGES STIMULUS OK AMID MOUNTING RESISTANCE'

Wall Street Journal: 'Forget Golf: Street Junkets Get Junked'

CNN: 'Overseer calls for bank bailout makeover'

Special inspector general for Treasury's $700 billion financial sector bailout said program needs tighter regulation and a better investment strategy.

Financial Crisis Update: 'SEC Official Endorses Central Counterparty for Credit Default Swaps as Global Consensus Grows'

N.Y. Times: 'Daschle's Ambitions Collided, Friends Say'

N.Y. Times: 'Science Found Wanting in Nation's Crime Labs'

N.Y. Post: 'ON WALL STREET: WHO COULD LIVE ON $500K?'

Wall Street Journal: 'Study: 9/11 Lung Problems Persist Years Later'

N.Y. Daily News: 'Cops on hunt for suspect in brutal rape in East Harlem laundromat'

N.Y. Times: 'Boo Hoo in the Boardroom'

Wall Street Journal: 'Faith-Based Program Gets Wider Focus'

When President Barack Obama launches his version of the faith-based initiative Thursday, he will expand the mission to include abortion reduction and outreach to the Muslim world. He will also try to avoid the thorniest constitutional issues that beset the program for years under his predecessor.

Mr. Obama's approach to the federal faith office reflects his search for common ground on contentious social issues, and his willingness to dial back some of his campaign positions.

N.Y. Post: 'AMAZIN' AMBUSH! SHAMSKY'S ANGRY EX POUNCES'

N.Y. Daily News: 'Cheney: Beware nukes'

Wall Street Journal: 'Gaza's Isolation Slows Rebuilding Efforts'

N.Y. Times: 'Societal Cost of Meth Use Is Gauged in New Study'

Bloomberg: '"Failed" Wall Street Forces Biggest Rewrite of Rules'

N.Y. Post: 'PLAYBOY'S ROCKER SCRIBE RIFFS ON STREET ROGUES'

N.Y. Daily News: 'The great Big Apple sports broadcaster debate'

N.Y. Post: 'SMOKING FEATHER OF FLIGHT 1549'

N.Y. Daily News: 'Lehman judge charged with hitting wife gets lawyer'

A federal judge charged with slapping his wife hired a big shot defense attorney as he faces a misdemeanor charge that could land him in the clink.

James Peck, 63, the bankruptcy judge overseeing the breakup of Lehman Brothers, hired Barry Bohrer, a prominent criminal defense lawyer whose clients have included Sam Israel, the hedge fund swindler who went on the lam last summer after faking his own suicide to avoid a 20-year jail term.

Peck, who was briefly assigned to handle the Bernard Madoff bankruptcy until he recused himself in December, told cops when they came to his Park Ave. apartment Saturday afternoon that "I was defending myself."

He said his wife, Judith Peck, 64, was late in returning to the city from their home in the Hamptons and then they argued over a ladder that she had put in his closet.

"I was moving the ladder out. She slapped me in the face," he told cops. "I put the ladder down and slapped her back. We slapped each other back and forth."

Bloomberg: 'Soros Imitators Reap Riches in Financial Whirlwind on Global Macro Funds'

Forbes: 'Buffett Sinks Billions Into Swiss Re'


'Sandy Koufax, John Malkovich among Bernie Madoff victims as court filings are released'

MADOFF WATCHFrom the Daily News:

...Other victims were identified as Ground Zero developer Larry Silverstein, the estate of late singer John Denver, actor John Malkovich, former Mets second baseman Tim Teufel and even Madoff's lawyer Ira Sorkin. The 163-page list also includes hundreds of trust funds, charities, pension plans and unions, as well as entries for Madoff's grandchildren. [FULL LIST]

Boston Globe: 'The whistleblower: Dogged pursuer of Madoff wary of fame'

U.S. News & World Report: '5 Things to Know About Whistleblowing'

Bloomberg: 'Madoff Said Only Brother Could Do Audit, Witness Tells Congress'

Whistleblower Lawyer Blog: 'Whistleblower Protections Added to Economic Stimulus Bill Passed by House'

N.Y. Daily News: 'Photo gallery: Madoff's victims'

N.Y. Post: 'DIVORCEE BIDS TO 'EX'-TEND MADOFF PAIN'

Whistleblower Lawyer Blog: 'Hedge Funds Face Regulation & Oversight by SEC--Will There Be Another Compliance Tool in Addition to IRS Whistleblower Program?'

Fortune: 'Did Madoff's feeder fund shop for friendly audits?'

Whistleblower Harry Markopolos testifies that Fairfield Greenwich switched auditors three times in three years.

AP: '[Massachusetts] pension fund fires 2 managers'

Two managers of the Massachusetts state pension fund have been fired for poor performances, including one who lost $12 million investing with accused Ponzi scheme mastermind Bernard Madoff.

N.Y. Daily News: '$1B of swindled funds uncovered, Madoff's alleged vics to get paid "in the near future"'

N.Y. Post: 'HOW SEC BOZOS BLEW IT: WHISTLEBLOWER RIPS DO-NOTHING FED "FLEAS"'

N.Y. Daily News: 'Car dealer hopes to say, "I Madoff with 100G"'

N.Y. Daily News: 'GM Omar Minaya says Mets will not go after Manny Ramirez'

Chief operating officer Jeff Wilpon computed the Mets' 2009 payroll at $143 million when factors such as Freddy Garcia's probable salary with bonuses, the $1.6 million owed to the Diamondbacks for Scott Schoeneweis and $2.25 million owed to Willie Randolph are included. Wilpon handed Minaya that budget early in the offseason, before Wilpon learned his family had lost money in the Bernie Madoff scandal. Wilpon declared that the Mets had accomplished their winter objectives, mentioning the acquisitions of Francisco Rodriguez and J.J. Putz and "addition by subtraction" with trades that shipped out players such as Aaron Heilman and Schoeneweis.

Caroline Kennedy and 'Daily News' columnist Michael Daly: The princess and the pea-brain

PRESS CLIPS Michael Daly's column has to be a put-on. If it's not, then give him an "F" for fatuous.

In "Let's make Caroline Kennedy our special envoy to Washington," the self-serious Daily News scribe fights back his tears about Caroline Kennedy's withdrawal from the Senate appointment race and opines:

Maybe our mayor can now make her a kind of special city envoy to Washington in these difficult times ahead.

She will still have a deep connection with our new President, one of whose daughters now sleeps in Caroline's old room at the White House.

Christ, at least make sure she votes a few times before we make her our "ambassador."

I'm not attacking the Kennedys or rich people. Ever since Chappaquidick, Teddy Kennedy has worked hard in the trenches as a senator. And Jackie O took on big cultural battles, leading the successful fight to save and restore Grand Central Station.

Now we have a huge crisis on our hands. Tens of thousands of New Yorkers are being fired, and basic social services are being slashed, feeding a downward spiral.

There are a million fires that need to be put out — and I don't mean the problems faced by Carnegie Hall, which is slashing its schedule and budget. Yes, that's a shame, but stay away from that "cause," Princess Caroline.

Do some public service before you're anointed as our ambassador. If you have celebrity capital (and you do), then start spending it to help goad other rich New Yorkers (and there are still plenty of them) into helping their increasingly desperate fellow residents.

Do something noblesse before we oblige you.

As for Daly, one of his readers, hjo4, said it best in a cranky 7 a.m. post:

Special Envoy give me a break there are thousands of New Yorkers without the Kennedy name or connections who commit themselves to New York and NewYorkers whether it be our children in education, mentoring or being a role model or be it our Senior citizens they do this from their heart, they are the "unsung heroes" perhaps if you want to appoint a "Special Envoy" I suggest you turn an eye to one of those citizens I'm sick of people making those whose family fortunes was made questionably and off the backs of others still receive special treatment. Turn to the average Joe who does good deeds from their heart Those are the special envoys we need.

For news of other deeds, click on these items...

NO PARTICULAR ORDER:

Bloomberg: 'Palestinians Sift Gaza's Rubble After Shelling for Pieces of Former Lives'

N.Y. Post: 'OBAMA A MAN OF ACTION ON DAY 1: JUGGLES MIDEAST CALLS, FREEZES STAFF PAY AND TOUGHENS ETHICS RULES'

Wall Street Journal: 'Obama Freezes Top Staff Pay'

President Barack Obama, on a busy first full day in office, announced a wage freeze for top White House staff, waded into the Israeli-Palestinian conflict and prepared to issue executive orders Thursday -- including one to close the military prison at Guantanamo Bay within a year.

He also issued the strictest rules to date on lobbying activities for members of the administration and met with his national security team to begin the process of withdrawing troops from Iraq.

In an unusual moment that was not part of his team's extensive planning for day one, Mr. Obama also retook the oath of office. That came after Chief Justice John G. Roberts Jr., and then Mr. Obama, spoke one of the words out of order during the swearing in on Tuesday.

N.Y. Daily News: 'After 24 hours, change is real'

On his first full day, President Obama kept campaign promises by going after Gitmo and toughening ethics standards.

N.Y. Post: 'CAROLINE'S KAPUT'

N.Y. Daily News: 'HIL SEAT BLUES'

N.Y. Daily News: 'Let's make Caroline Kennedy our special envoy to Washington'

N.Y. Post: 'SHOT DOGS IN GUN NUT'S APT'

Bloomberg: 'Avril Lavigne, Radiohead Shift to YouTube as Illegal Downloading Persists'

Musicians and managers are turning to BlackBerry phones and YouTube videos to solve a problem that just won't go away: illegal downloads of digital tracks.

Crain's New York Business: 'Carnegie Hall shrinks schedule, slashes budget'

The landmark arts venue announced Wednesday that it will cut its upcoming schedule by 10% and slash its budget by $4 million.

Vanity Fair: 'Farewell to All That: An Oral History of the Bush White House'

N.Y. Daily News: 'MTA kickback susp eyed for shredding evidence'

Bloomberg: 'Obama Needs "Yes We Can" From Overseas to Help Lead World Out of Recession'

The U.S. led the global economy into its worst recession in at least a quarter century. Now the rest of the world is looking to Barack Obama to lead the way out. The trouble is, even the incoming commander-in-chief of the biggest economy can't do it alone.

N.Y. Post: 'SON OF "SCAM" IN YACHT "PLOT"'

N.Y. Post: 'KIDDIE CROOK AND SIBS IN SI HORROR HOUSE: COPS'

Vanity Fair: 'The Ultimate Bubble?'

Bloomberg: 'Nokia, Intel Slump Hammers Israeli Economy as Cease-Fire Curbs Rocket Risk'

N.Y. Post: 'ATLANTIC YARDS LOOKS TO $LASH TRANSIT UPGRADE'

Brooklyn's Atlantic Yards project is in such financial upheaval that the developer is now trying to cut back on much-needed transit improvements, which he promised in exchange for approval for...

Wall Street Journal: 'China Fourth-Quarter GDP Confirms a Major Slowdown'

Harper's: 'Did Bush's Terrorist Surveillance Program Really Focus on American Journalists?'

Wall Street Journal: 'Nationalization Fears Grow as U.K. Banks Struggle'

Wall Street Journal: 'What if Uncle Sam Takes Over Your Bank?'

N.Y. Daily News: 'Mother of little Adolf: No abuse here'

A Jersey mom who gave her three children Nazi-friendly names says she lost custody after being wrongly accused of abuse.

Wall Street Journal: 'Parsons Named Citi Chairman'

Wall Street Journal: 'Crisis Q&A: What "Bank Nationalization" Means For You'

Wall Street Journal: 'Obama Inauguration Sets Record for Private Jets'

Wall Street Journal: 'EBay's Growth Stalls as Shoppers Pull Back'

Wall Street Journal: 'Even in Test Form, Windows 7 Leaves Vista in the Dust' (Walter S. Mossberg)

...In my tests, even the beta version of Windows 7 was dramatically faster than Vista at such tasks as starting up the computer, waking it from sleep and launching programs.

And this speed boost wasn't only apparent in the preconfigured machine from Microsoft, but on my own Sony, which had been a dog using Vista, even after I tried to streamline its software. Of course, these speed gains may be compromised by the computer makers, if they add lots of junky software to the machines. Windows 7 is also likely to run well on much more modest hardware configurations than Vista needed....

Compatibility with hardware and software, which was a problem in Vista, seems far better in Windows 7 -- even in the beta. I tried a wide variety of hardware, including printers, Web cams, external hard disks and cameras, and nearly all worked fine.

I also successfully installed and used popular programs from Microsoft's rivals, such as Mozilla Firefox, Adobe Reader, Apple's iTunes, and Google's Picasa. All worked properly, even though none was designed for Windows 7.

Wall Street Journal: 'More Than X Marks the Spot'

A scholar studying graffiti culture watches for cops, invents a 'tag' and wields a spray can himself.

Crain's New York Business: 'Hudson Yards could be in jeopardy'

If negotiations fall through between the MTA and the Related Cos., the project may never be built.


'Madoff's Chosen People -- What Can and Can't Be Said Out Loud'

MADOFF WATCHIn a provocative HuffPost piece, Larry Gellman writes:

...My fellow Jews love to write and talk about how horrible Madoff is and how much damage he has done to the Jewish people. Some have even compared him to Hitler which is scary because it means that money has become so important today that someone who steals money and swindles people is comparable to a person who engineered the murder of six million people....

Reuters: 'Columbia says it lost $3 million tied to Madoff'

CNBC: 'Former Madoff Accountant Claims He Is a Victim Too'

Bloomberg: 'Santander's Madoff Sales Mean "Catastrophe" for Teacher, Vendor'

Banco Santander SA sold Bernard Madoff investments to a teacher and a street vendor, not just to wealthy private banking clients in Spain and Latin America.

Branch managers channeled customers with money from property sales or inheritances to private banking salespeople, lawyers for the investors said.

Bloomberg: 'Madoff Clients May Recoup More Losses Through Taxes Than Suits'

Bloomberg: 'Madoff Scandal May Lead to New Rules on Adviser Accountability'

Caroline Kennedy withdraws from Senate bid

Categories: Celebs, Featured

Caroline Kennedy has retrieved her tiara from the ring. She's no longer a candidate for appointment to the U.S. Senate.

Amid all signs that the princess's coach was rapidly turning into a pumpkin, one of her minions issued an e-mail just after midnight saying she was withdrawing for "personal reasons."

The New York media will be all over this like beans on rice, especially because the "personal reasons" supposedly include the deteriorating health of Uncle Ted Kennedy — and that explanation is ludicrous.

Anyway, you might want to start with a slightly more detached version of the stormy last few hours of the Kennedy scion's ill-fated would-be reign. From the Washington Post:

The statement, released just after midnight, came after hours of confusion -- and angry recriminations -- over whether Kennedy intended to seek the appointment. Some New York media had begun reporting her withdrawal earlier in the evening, but Kennedy family confidants angrily dismissed the reports as smears aimed at undermining her chances.

A run on New York City's banks -- with guns. A run on sex manuals -- with guns in your pockets.

PRESS CLIPSTell me it's a coincidence that five banks were robbed in New York City in a single day, while banks overall reported rare quarterly losses.

Even the New York Times notes the eerie connection.

You mean that all-time schemer Bernie Madoff isn't the only crook in town? (See above video, because it's the last time you'll be hearing his Ponzi pitch.)

Even with 40,000 cops, the NYPD doesn't have enough crimefighters to round up all of the city's crooks. They didn't even nab Madoff; the goniff's sons turned him in.

So which crooks do you think the NYPD is scrambling to arrest: the common criminals who robbed other people's banks or the Wall Street investment bankers who robbed their own banks?

In other crime news, Fox notes that if you let your fingers do the talking — that means all of you — you're getting ripped off. From the Murdoch channel's "Text Rip-Off? Pricey Messages 'Cost Virtually Nothing' to Carriers":

In 2008, 2.5 trillion messages were sent from cell phones worldwide, up 32 percent from the year before, according to the Gartner Group and reported by the New York Times. But, what also rose in the last three years was the price — doubling from 10 to 20 cents per message while the industry consolidated from six major carriers to four.

Speaking of getting fucked, the New Yorker reviews the new edition of The Joy of Sex.

Don't grab your partner or your box of tissues yet. Anticipation is part of the pleasure, so for now, keep both hands on the keyboard and click on the following items ...

NO PARTICULAR ORDER:

N.Y. Post: 'BONEHEADS CALL COPS ON SELVES'

New Yorker: 'Shaggy-dog Story: Upper West Side dog-napping terror'

Jewish Daily Forward: 'In Gaza Campaign, Israel Seeks To Change the Rules of the Game'

N.Y. Daily News: 'Ma charged with slaying son: I homeschooled to spare boy fat taunts'

A mother accused of beating her obese 10-year-old son to death told officials she homeschooled the boy to protect him from teasing and abuse, sources said.

N.Y. Post: 'DON'T LET IT HIT YOU ON THE WAY OUT: JETS BOOT COACH AFTER TURBULENT TENURE'

N.Y. Times: 'M.T.A. Gives More Details on Possible Fare Increases'

Gawker: 'Tom Cruise's Bomb-Proof Car Also Repels Thetans'

N.Y. Times: 'In Housing Fall, Breaking Up Is Harder to Do'

With homes worth less than their outstanding loans, some divorcing couples are battling not to get the house.

N.Y. Post: 'Grinch In Gift Pinch'

Note to good Samaritans: In New York, when looking out for one's fellow man, it is wise to also look out for one's luggage.

New Yorker: 'Laura Bush shops a memoir'

N.Y. Post: 'FURY AT DAD'S BIG LIE'

Furious family members are horrified that a Holocaust survivor concocted a story that the girl who became his wife saved him from starvation by tossing apples and bread over a concentration-camp fence.

Ken Rosenblat, the son of Holocaust hoaxer Herman Rosenblat, said he knew of the lie "for many years" but couldn't stop his 79-year-old dad from spreading it.

Wall Street Journal: 'Airlines Grab Cash Amid Crunch'

U.S. airlines are enjoying surprising success raising money, despite being largely unprofitable and saddled with poor debt ratings.

N.Y. Daily News: 'Eric Mangini's end with the Jets began with Brett Favre's arrival'

Jewish Daily Forward: 'Even With Aid, Groups Scramble To Cope With Post-Madoff Mess'

New York: 'That's a Whole Lot of Fanny Packs: 47 million tourists visited New York this year'

N.Y. Review of Books: 'Drug Companies & Doctors: A Story of Corruption'

N.Y. Times: 'Meteorite Strikes, Setting Off a Tsunami: Did It Happen Here?'

Geologists have collected evidence indicating that something very big occurred in the waters near New York around 300 B.C., but convincing other scientists has been an uphill battle.

Jewish Daily Forward: 'Kosher Industry's Woes Reach a Poor Village in Guatemala'

N.Y. Daily News: 'She's no whiz with words'

Caroline Kennedy, who gave a flurry of media interviews on Friday and Saturday, revealed some cringing verbal tics that showed her inexperience as a speaker, experts told the Daily News.

Wall Street Journal: 'Afghan Roadside Bombings Rise Sharply'

N.Y. Post: 'ISRAEL'S "WAR TO THE BITTER END"'

Jewish Daily Forward: 'No Longer in Power, Free To Talk, Neocons Seek To Rewrite History'

Gawker: 'Like Uncle Teddy, Caroline Kennedy Doesn't Know Why She's Running'

N.Y. Times: 'Five Banks Are Robbed in Single Day in the City'

New Yorker: 'DOING IT: A New Edition of The Joy of Sex'

Jewish Daily Forward: 'Will Subway Riders Take a Stand?'

Wall Street Journal: 'Banks to Post Rare Quarterly Loss'

Banks and savings institutions in the U.S. appear headed for their first overall quarterly loss since 1990.

Jewish Daily Forward: 'Beyond Rick Warren's Invocation'

The Orthodox Union's Nathan Diament has some advice for Barack Obama. Writing in the New Republic, Diament -- the OU's public policy director -- urges the incoming president to do more than offer religious voters symbols, like an inaugural invocation by Rev. Rick Warren. Obama, Diament writes, has an opportunity to advance policies that are important to religious voters -- and he can do so without sacrificing Democratic Party principles on issues like abortion, gay rights, and school vouchers.

To that end, he suggests that Obama support programming aimed at reducing the number of unwanted pregnancies; ensure that religious schools and social welfare agencies can continue to receive federal funding, regardless of their policies on homosexuality, and make federal grants available to parochial schools expanding their pre-kindergarten programs or greening their campuses.


Brett Favre just the last bailout to fail New York City. Next star in East? Caroline Kennedy.

PRESS CLIPSWell, just another bailout that didn't work. Brett Favre was supposed to save the New York Jets, which would have made the city's sports fans happy, though not as happy as those Wall Streeters in their stadium skyboxes.

But in the middle of a boom — the Jets were 8-3 and seemed a cinch for the NFL playoffs — Favre imploded and the team collapsed.

Hubris pays off. And then it doesn't.

Take it from me, America, you know you're headed for a major depression when even the usual distractions stop working.

But as the late Albert Ellis used to say to us neurotics hurtling toward a great depression: Separate your irrational thoughts from your rational ones. It's not your fault, America, that the games that took your mind off real-world or self-induced worries no longer keep you from sliding into full-blown anhedonia.

Play the following Ellis tape, instead of the one currently in your brain:

As the blunt Ellis would have pointed out, "Fuck what other people think! Get rational about it! Get over it! Stop your whining! Work at it!" (And yes, he used such language, even at age 90, in his memorable Friday night cheapo public sessions on the Upper East Side.)

Speaking of depression and games: Greed — not the usual greed but the excessive type — did in the Jets the way excessive greed did in Wall Street. The Jets suddenly collapsed and their already-shaky hopes for the playoffs dissolved.

Both NYC teams in the NFL playoffs? No joy.

Who's the next candidate to save the city? Caroline Kennedy. Big news this weekend, at least according to the Daily News, which snagged an interview with the princess. Ooooh, a scoop.

The headline? "Caroline Kennedy tells Daily News: I wouldn't be beholden to anybody."

True, she wouldn't be beholden to her strong supporter Mayor Mike Bloomberg. The story?:

"I'm really coming into this as somebody who isn't, you know, part of the system, who obviously, you know, stands for the values of, you know, the Democratic Party," Kennedy told the Daily News Saturday during a wide-ranging interview.

True, she's not part of the system. In fact, she's a dilettante who would be getting a high office solely because of her name.

Further proof that Caroline Kennedy is telling the truth when she says she "isn't, you know, part of the system": As the Daily News reported December 19, she doesn't even vote:

Caroline Kennedy wants to be the next senator from New York, but her voting record is already spotty, the Daily News has found.

City Board of Elections records show Kennedy has failed to vote in many elections since she registered in the city in 1988 - including votes for the Senate seat she hopes to fill and numerous Democratic faceoffs for mayor.

"It doesn't speak to a deep-felt commitment to the electoral process," Baruch College political scientist Doug Muzzio said when told of Kennedy's ballot breakdowns.

JFK's legacy? Caroline is a legacy, the way a rich, disinterested playboy like George W. Bush got into Yale not on his own merits but because his politician daddy, George H.W. Bush, went to Yale and Junior was what the school considered a "legacy."

And people like the Bushes are opposed to affirmative action? What do think the collegiate system of "legacies" is? It's affirmative action for rich white people.

Here's a real legacy: After thousands of years of fighting over land, the death dance between Arabs and Jews has come to what media outlets are calling the "bloodiest hit" by Israel in 60 years: "HELL FIRE RAINS ON GAZA."

At least you're just fighting for your job, not your survival. You think things are bad? Think about those little girls in Kurdistan who are being routinely circumcised.

That's an old story in much of the world. More bad news that's more immediate ...

NO PARTICULAR ORDER:

The Age (Australia): 'Israel: We will not stop' [VIDEO]

Bloomberg: 'Virginity Pledges Fail to Trump Teen Lust in Look at Older Data'

Register (U.K.): 'Walmart's Jesus Phone no better, no worse: Save two bucks!'

N.Y. Post: 'Dump 'em: Losers Mangini, Favre must go'

The Age (Australia): 'More children reported dead in latest Gaza strikes'

Register (U.K.): 'Crash survivor Twitters from burning plane (false): Geek micro-blogged from safety'

N.Y. Daily News: '15-year-old girl arrested in brutal Bronx stabbing'

N.Y. Post: 'HAMAS-CIDE: ISRAEL SET FOR GROUND RAID'

N.Y. Times: 'Suicide Bombs Kill 20 in Afghanistan'

ABC: 'Many Questions Left in Bush Scandals'

Register (U.K.): 'Giant US air travel data suck fails own privacy tests, but gets cleared anyway'

Reuters: 'SCENARIOS: Assessing risks of India, Pakistan confrontation'

Washington Post: 'Blagojevich on the Way Out, Says Illinois' No. 2'

Wall Street Journal: 'Latin American Investors Quiet on Madoff Losses'

Wealthy investors in Latin America appear to be among big losers in the Ponzi scheme allegedly orchestrated by Bernard Madoff.

N.Y. Times: 'Veterans of '90s Bailout Hope for Profits in New One'

Register (U.K.): '101 uses for a former merchant banker'

N.Y. Times: 'Murders by Black Teenagers Rise, Bucking a Trend'

Wall Street Journal: 'The Weekend That Wall Street Died'

The financial crisis that began with the collapse of Lehman Brothers marked sharp change by Wall Street bosses from banding together to every man for himself.

N.Y. Times: 'Romance and Recovery in Quake-Devastated Area'

Washington Post: 'An Experiment in Mastering Risk'

System created to lock in profits and operate in regulation gaps eventually reduces AIG to ruins.

Fellow Arabs honor journalist's feat

PRESS CLIPS Shoe-throwing journalist Muntazer Al-Zaidi must feel as if he'd died and gone to suicide-bomber heaven. At least one of his fellow Arabs is offering him a woman who may or may not be a virgin.

Sure, it's only woman, not the 72 promised to martyrs, but he's alive and she's alive and, well, you know. And she's thrilled about it, as Reuters reports from Cairo:

An Egyptian man said on Wednesday he was offering his 20-year-old daughter in marriage to Iraqi journalist Muntazer al-Zaidi, who threw his shoes at U.S. President George W. Bush in Baghdad on Sunday,

The daughter, Amal Saad Gumaa, said she agreed with the idea. "This is something that would honor me. I would like to live in Iraq, especially if I were attached to this hero," she told Reuters by telephone.

Start unlacing, baby. But until marriage, no tongues.

NO PARTICULAR ORDER:

N.Y. Times: 'Mukasey Recuses Himself From Madoff Investigation'

N.Y. Post: 'MTA OKS HIKE IN DOUBLE WHAMMY'

Agence France Presse: 'Chrysler halts manufacturing as clock ticks on gov't bailout'

Guardian (U.K.): 'Scientists debunk the myth that you lose most heat through your head'

Register (U.K.): 'New York "iPod tax" incites media bleating: Four-cent proposal twists knickers'

N.Y. Daily News: 'Just like humans! Yes, a squirrel can waterski, just like us! And we have video of the versatile squirrel in action.'

Reuters: 'Father offers daughter to shoe-thrower'

N.Y. Times: 'Obama Selects Evangelist for Invocation'

The inauguration role positions the Rev. Rick Warren to succeed Billy Graham as America's pre-eminent minister.

Wall Street Journal: 'Regulator Schapiro to Run SEC for Obama'

N.Y. Daily News: 'Lillo's smirks spur fury as jury deliberates'

Register (U.K.): 'Censored scenes from the Congress WMD report: Last minute bioterror rewrites?'

N.Y. Post: 'NYERS BET ON KENNEDY BUT WANT ANDY'

Guardian (U.K.): 'Antisemites feast on Madoff misery'

It has been a fertile financial week for bigots. The astonishing scale of corruption allegedly unmasked at the offices of Wall Street fund manager Bernie Madoff has caused disproportionate pain in the Jewish community, prompting unedifying sneers on the blogosphere. ...

Register (U.K.): 'Wikipedia self-flagellates over vanishing "farmsex": The missing Zoophilia edits'

N.Y. Post: 'SICK TRAN-SIT COP SLAY WIFE: HE WAS A CROSS-DRESSER'

A Queens cop shot to death by his wife earlier this year was a member of the "Hottie Police" — as a cross-dresser, her lawyer said yesterday.

Reuters: 'HIV infects women through healthy tissue: U.S. study'

Instead of infiltrating breaks in the skin, HIV appears to attack normal, healthy genital tissue, U.S. researchers said on Tuesday in a study that offers new insight into how the AIDS virus spreads.

They said researchers had assumed the human immunodeficiency virus, or HIV, sought out beaks in the skin, such as a herpes sore, in order to gain access to immune system cells deeper in the tissue.

Some had even thought the normal lining of the vaginal tract offered a barrier to invasion by the virus during sexual intercourse.

Register (U.K.): 'Yahoo! to! kill! most! search! engine! data! records! after! three! months!'

Register (U.K.): 'Don't delay: Delete your DNA today'

McClatchy: 'Kabul residents have more fear of gangs than of Taliban'

Washington Post: 'End of the Hedge Fund?' (Sebastian Mallaby)

... Because it is possible to commit undetected fraud, the industry will attract fraudsters; eventually, investors will realize that they can't tell the good guys from the bad and yank their money out. If this is going to happen, the Madoff scandal could be the catalyst, especially because it has hit at a time when hedge funds are in trouble for other reasons.

Hedge fund strategies depend on borrowing, or "leverage," which is hard to come by now. They often depend on "shorting" stocks -- that is, betting that they'll fall in value -- but regulators have restricted that practice. Even before the Madoff scandal, there were estimates that hedge fund assets might shrink from just under $2 trillion a few months ago to perhaps $1.4 trillion.

Guardian (U.K.): 'Iraqi officials arrested over coup plot against prime minister'

McClatchy: 'Salazar pick indicates big change at Interior Department'

Guardian (U.K.): 'UN tribunal jails Rwanda genocide mastermind for life'

Register (U.K.): 'Economists say European ancestors are what make you rich: No shit, Sherlock'

Caroline Kennedy in the Senate? Gag me with a silver spoon.

PRESS CLIPS

America's royal family, the Kennedys. But Caroline Kennedy for the Senate? First we had to put off with Hillary Clinton, the nouveau riche of politics, suddenly becoming senator in the nation's second most populous state.

The wife of a president landed her magic carpet and Vuitton bags in a fancy suburb north of the city and was practically appointed to the Senate — when Rudy Giuliani dropped out, she got to face a candidate who was so weak that you've already forgotten his name.

Sitting somewhat obediently in our civics classes, we were told that people invented this country, at least in part, because they were tired of monarchies. Doesn't look as if we're that tired of kings and queens and princesses.

So now we're going to replace Hillary Clinton with Caroline Kennedy? And we're not even going to elect Kennedy; we're going to appoint her? At least Hillary Clinton went through the electoral process. However, don't tell me about Hillary's brains and savvy. She's been a mediocre senator, far less skilled at both arm-twisting and hard-won-consensus politics than the likes of Chuck Schumer, Chuck Hegel, and Chuck Grassley or battle-worthy non-Chucks like Dick Lugar, Barbara Boxer, Bob Dole (not his wife, Libby), even that schmuck Joe Lieberman — you name 'em.

Excepting a few celeb pols like Ted Kennedy (who's been busy and serious for three decades since Chappaquidick drowned his chances for the presidency), look past the Clintons and Kennedys and you'll see a better breed of American political family entering the Senate, a family whose bent comes closer to "public service" and "common good" than practically all others. (Notwithstanding Jackie Kennedy Onassis's truly noble and lasting achievement: She used her celebrity to lead the successful fight to save wondrous Grand Central Station from destruction.)

You want a political family that deserves royal-like admiration without fawning? Try the Udalls, whom I wrote about yesterday. After Stew and Mo worked their asses off in the House and Interior Department, now we have their sons Mark and Tom, who traded on more than their last names during their climb up Capitol Hill to claim Senate seats next month.

Now don't turn the Udalls into celebrities. Read about your usual celebs — including the Kennedys and Clintons — worship them and envy them if you want, be amused and/or disgusted by them, but don't elect them or appoint them to run your lives because they're celebrities. Camelot? I'll take Spamalot — without Clay Aiken, thanks. No more American idols, please.

Other items on a (relatively) slow (so far) news day ...

NO PARTICULAR ORDER:

N.Y. Daily News: 'Ticketed while giving out gifts'

Santa's naughty list just got a bit longer after an overzealous parking agent slapped him with a summons.

N.Y. Post: 'FIRETRUCK HIT HURTS 30'

A firetruck racing to a car blaze collided with a city bus as it crossed a Brooklyn intersection yesterday, cops said.

Thirty people were taken to a hospital, including six firefighters, the bus driver and a pedestrian hit by debris.

N.Y. Daily News: 'Caroline Kennedy can lock in Senate seat by saying she'll run in 2010'

N.Y. Post: 'BARBIE'S FOR THE BIRDS'

A scary new version of Barbie is taking wing. For $40 a pop, grown-up collectors of the iconic Mattel doll can have their favorite blonde, packaged in a box and viciously pecked by birds...

Times (U.K.): 'Fed stuns the world with rate cut to "virtually zero"'

US rates were cut to a historic low as America resorted to drastic action in its battle to stave off recession and deflation.

Wall Street Journal: 'Fairfield Group Forced to Confront Its Madoff Ties'

Walter Noel built the perfect global marketing machine for Bernard Madoff: Four sons-in-law with connections among the wealthy in Rio de Janeiro, Madrid, Milan, London and Geneva, who brought socialite flair and few demanding questions for Mr. Madoff.

For 19 years, the pairing worked. Mr. Noel's firm, Fairfield Greenwich Group, raked in assets from clients clamoring for access to Mr. Madoff. Fairfield, in turn, handed over that money to Mr. Madoff.

Now, the Noel clan is facing the reality that years of face-to-face meetings with Mr. Madoff as well as daily confirmation reports helped Mr. Madoff allegedly carry out a global fraud. In recent days, the Noel family has converged in New York to figure out how to explain its role to friends and investors, people familiar with the matter say.

N.Y. Post: 'SICK WORLD OF "BABY HITLER": NAZI-NAMING PARENTS IN NJ'

All he's asking for is a little tolerance, says the father of 3-year-old Adolf Hitler Campbell.

N.Y. Daily News: 'N.Y. sounds off on iTax plans'

A proposed tax on online downloads isn't music to the ears of iPod-using New Yorkers. Many people who get songs off the Web gave the proposal a big thumbs down Tuesday.

N.Y. Times: 'Bush Prepares Crisis Briefings to Aid Obama'

International Herald Tribune: 'Prison for nuke engineer who took software to Iran'

Prosecutors said [Mohammad Reza] Alavi likely wanted to use the software to boost his chances for a job in the Iranian nuclear industry. Access to protected American software would have made him especially valuable, they said. ...

Alavi wanted to move back to Iran because his wife found living in the U.S. difficult. He said he took the software with him because he was proud he had helped design it. He said he showed the software only to his family, and then only for a few minutes.

Reuters: 'Madoff fraud could burn early pullouts'

Disgraced money manager Bernard Madoff's suspected $50 billion (33 billion pound) fraud scheme looks set to burn even those who pulled their investments out long before the scandal rippled into the global financial system.

Such investors may have counted themselves fortunate, withdrawing their money years ago to buy a house or to pay for a daughter's education, and may have even sighed with relief because they ended ties with Madoff long before the scandal erupted late last week.

But they, too, could face trouble, lawyers say. Because of a legal concept known as "fraudulent conveyance," they could be forced to return their profits and even some of their initial investments to help offset losses incurred by others entangled in the long-running Ponzi scheme.

Reuters: 'Iraq shoe-thrower inspires Bush-bashing Web game'

The game, which has been circulated by email, gives players 30 seconds to try to hit Bush with a brown shoe as many times as possible, with the score appearing in the top left hand corner of the screen. ...

On-target shots are met with a message of congratulations: "Shoes have successfully hit President Bush in his face. Well done!"

AP: 'NY gov proposes tax on drinks, downloaded music'

One of the proposed hikes is a so-called "iPod tax," which would tax the sale of downloaded music and other "digitally delivered entertainment services" by 4 percent.

There also would be higher taxes on gas, taxi rides, cable and satellite TV service, cigars, beer, movie and sports tickets, and health spa visits, to name a few items.

N.Y. Times: 'Fixing Interior'

Mr. Bush's Interior Department, driven largely by Vice President Dick Cheney's drill-here, drill-now energy strategy, has aggressively issued new leases and drilling permits in areas that not only deserve to be left alone but that also, even if fully exploited, would add only marginally to the nation's energy supply.

N.Y. Daily News: 'SEC: We blew it'

The SEC confessed it blew many chances to uncover Bernie Madoff's fraud.

Chicago Sun-Times: 'Who's next for Obama's basketball dream team?'

Education Secretary-designate Arne Duncan is a longtime hoops buddy of Obama's who played pro ball in Australia.

"I just want to dispel one rumor before I take questions: I did not select Arne because he's one of the best basketball players I know," Obama said to laughter Tuesday. "Although I will say that I think we are putting together the best basketball-playing Cabinet in American history."

N.Y. Times: 'Obama Team Has Forged Another Link With Clintons'

It's official. The old Clinton gang really is back together again. Answering the phones these days for the co-chairman of President-elect Barack Obama's transition, John D. Podesta, is none other than Betty Currie. ...

Since leaving the White House, Ms. Currie, 69, has shied from publicity and kept a low profile in Hollywood, Md., where she lives with her husband, Bob, and Socks, the presidential cat, which she took with her after Mr. Clinton left office. ...

U.S. News & World Report has reported that Socks, now 19, has cancer.

Washington Post: 'A Longer Race to Run'

President-elect Barack Obama is within days of completing his cabinet appointments. Although criticism persists about the appropriate number of women, southerners, Latinos, Ivy Leaguers and Clintonites, Obama is on course to finish his cabinet appointment process in record time. ...

Obama is almost certainly going to set a second record, this one for the number of nominees for lower appointees submitted in the first ten days of his administration, and possibly in his first 100 days. George W. Bush will be hard to beat¿ — he owns the record for nominations submitted to Congress in the first 100 days. But Obama's team is already hard at work lining up names for deputy secretaries, under secretaries, assistant secretaries and administrators.


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