As the government shutdown enters its second week, liberal commentators such as the Washington Post’s Colbert King have likened the political forces arrayed against the Affordable Care Act to a “New Confederacy,” akin to the slaveholding, secessionist Confederate States of America.
Standards Life Investments, Edinburgh’s largest fund manager, plans to buy more real estate stocks in the U.S. and Asia and sell some properties in Brazil and Poland to improve the performance of one of its funds.
“Bloody Bloody Andrew Jackson,” a youthful romp of a rock musical taking a caricatural view of Jackson and American history, has transferred to Broadway’s big league in what may be an act of pride that goes before a fall.
Scotland’s real estate fund managers are increasing stakes in central London property developers Derwent London Plc and Great Portland Estates Plc , betting they’ll benefit from a shortage of modern office space.
The market for collateralized loan obligations in Europe is heading for the busiest start since 2008 amid signs issuers may be able to overcome new regulations that are crimping U.S. deals packaging junk-rated buyout debt.
Over the past four years, the Federal Reserve has become the most important branch of government. It has acquired unprecedented powers over almost all aspects of American life. It has also become much more politicized than at any time in living memory. Expect further attacks on its independence and integrity at election time. The spirit of Andrew Jackson lives on.
In the midst of his 1860 presidential campaign against Abraham Lincoln, Stephen Douglas announced that he was leaving Washington to visit his ailing mother in upstate New York. Along the way, Douglas made campaign stops and speeches throughout New England.