As Europe struggles to contain its debt crisis, the name of an American dead for more than two centuries is being invoked by those who think euro area nations will have to trade some autonomy for fiscal stability.
One of the strangest pamphlets ever authored by an American public official appeared in 1797. Written by Alexander Hamilton -- a founding father and the first U.S. Secretary of the Treasury -- its title constituted a mini-essay in its own right.
Bank of New York Mellon Corp. is poised to choose between a lower Manhattan skyscraper and a smaller office building in New Jersey for at least 850 employees who would relocate with a sale of the company’s Wall Street headquarters, a person with knowledge of the discussions said.
At one point in last night’s NFL draft, probably sometime after Central Florida quarterback Blake Bortles was taken with the third pick and before Texas A&M quarterback Johnny Manziel was selected 22nd by Cleveland in a stirring turn of draft day deal-making -- maybe it was right around the time two of Manziel’s teammates were drafted ahead of him (back to back, with the sixth and seventh picks) -- the camera flashed to Manziel with his head in his hands, and one of the announcers on the broadcast said, “This is shoulder-chip building time,” or words to that effect.
What will it take to fix a European Union troubled by heavy debts and internal friction? The story of the U.S., which celebrates its 235th year of independence on July 4, offers a parable that Europe’s leaders might find instructive.
Bloomberg's Sara Eisen reports on a story in the latest issue of Bloomberg Businessweek on the enduring appeal of Alexander Hamilton. 208 years after his death, Hamilton has a diverse modern-day fan club from the Tea Party faithful to Paul Volcker and multiple Facebook pages dedicated to "The Foxiest Federalist." She speaks on Bloomberg Television's "Inside Track." (Source: Bloomberg)