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All Eyes on Bernanke
Fed Chair set to give a speech on the financial crisis at the Independent Community Bankers of America's National Convention at noon ET.
Iran Downplays Obama's Olive Branch
Tehran receives President Obama's calls for cooperation cautiously, saying it welcomes the message but "minor changes will not end the differences" between the two countries. Comes after Obama reaches out to Iran Friday in a video message offering "the promise of a new beginning" that is "grounded in mutual respect." Watch video here. Plus: EU hopes the [...]
Obama Sorry for "Special Olympics" Crack
The president calls Special Olympics Chair Tim Shriver from Air Force One before his Leno interview even airs to apologize for an off-color joke. On the show, Obama compares his bowling game to the Special Olympics. Shriver explains the conversation on ABC's "Good Morning America." Watch video here.
Former AIG Chief: Don't Blame Bonuses on Me
Former CEO Hank Greenberg tells CBS' "Early Show" under his leadership the company never had this kind of retention bonus system. "When I was there, nobody had a contract with the company, including me... We had a bonus plan based on performance."
Nutmeggers Not Pleased with Dodd
NY Times: "Across Connecticut, anger is erupting against Mr. Dodd" for his role in the AIG bonus brouhaha. Voter: “I think in Connecticut, a lot of people are very frustrated with him.â€
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Swampland
Happy Nowruz!
The President had two significant video moments yesterday--in a personal message to the people and government of Iran...and on Jay Leno. He aced both. The Iran message--already being criticized by neolithic conservatives--is part of a strategy: make it clear that we're willing to be reasonable, that our goal isn't regime change (hence, the reference to Iran [...]
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