Leonard M. Rosen, a founder of the Wachtell, Lipton, Rosen & Katz law firm who helped avert a New York City bankruptcy in 1975 and created a restructuring practice that would guide the U.S. through the 2008 mortgage crisis, has died. He was 83.
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.
This week’s notable deaths included the co-founder of the Sequoia Fund; the last surviving creator of the American Football League and owner of the Buffalo Bills; a former U.S. secretary of defense; the prime minister of Spain who led the country from dictatorship to democracy; and a former New Yorker staff writer who wrote about the horrors of war.
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.
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.
Shirley Temple Black, the child actor who lifted America’s spirits and Hollywood’s profits during the Great Depression with tunes such as “On the Good Ship Lollipop,” then left the spotlight at 21 for a life of political service and limited celebrity, has died. She was 85.
Cities don’t commit crimes, but Dallas continues to feel guilty all the same. Fifty years after the assassination of John F. Kennedy, many in the city are still burdened by the memory of that day -- and the sense that, in some way they cannot put into words, they were responsible.