Andrew J. Hall, the former Citigroup Inc. oil trader whose pay package of about $100 million ensnared him in the fight over compensation at bailed- out banks in 2009, is selling handmade lavender soap and grass- fed Angus beef from a farm in Reading, Vermont.
One of the supposedly good things produced by the Great Recession is a change in the spending behavior of the American public. The personal savings rate is now running at 6 percent -- three times higher than in 2007. Do a Google search on the term “personal saving” and you’ll find articles applauding Americans’ newfound abstinence.
Greenberg Traurig LLP announced leadership changes, including the promotion of Hilarie Bass to co-president from global operating shareholder. Bass, a Miami partner, is the first female president of the firm and holds the highest position a woman has held there.
Eric Holder, attorney general under President Barack Obama, has prosecuted more government officials for alleged leaks under the World War I-era Espionage Act than all his predecessors combined, including law-and-order Republicans John Mitchell, Edwin Meese and John Ashcroft.
Arthur O. “Punch” Sulzberger, who in three decades as publisher of the New York Times helped revamp the newspaper with special sections, diversified the company’s business and fought the U.S. government’s attempt to halt the paper’s printing of the Pentagon Papers, has died. He was 86.
Here’s the White House view of the current trilogy of so-called scandals: Republicans are trying to destroy President Barack Obama’s second term by magnifying bureaucratic miscues and distorting policy realities. This isn’t without some merit.