Betty Ford, the outspoken U.S. first lady whose candid revelations about her struggles with breast cancer and drug and alcohol abuse helped spur awareness of issues few Americans had openly discussed before, died yesterday. She was 93 and lived in Rancho Mirage, California.
James R. Schlesinger, who served as U.S. secretary of defense under Presidents Richard Nixon and Gerald Ford before becoming the nation’s first energy chief in Jimmy Carter’s administration, has died. He was 85.
Policy makers on both sides of the partisan divide, from Treasury Secretary Jacob J. Lew to Mitt Romney’s economic adviser Glenn Hubbard, favor expanding the Earned Income Tax Credit. This rare harmony holds the potential to reshape the debate on bridging the growing opportunity gap.
Gerald J. Ford , who became a billionaire by purchasing distressed lenders during the savings and loan crisis, will inject $500 million into Pacific Capital Bancorp as the California company struggles to survive.
Gerald J. Ford, who became a billionaire by purchasing distressed lenders during the last banking crisis, isn’t waiting around during this one for Sheila Bair’s Federal Deposit Insurance Corp. to offer him a deal.