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Obama Reserves the Right to Change His Mind on Clinton and Holder
November 21, 2008Loop Fans might want to watch for an intriguing pattern emerging in the way President-elect Barack Obama handles some of his potentially controversial nominations. Call it the Best Buy, or contingency, pick. Obama used it to great effect in his handling of the secretary of state's job for Sen. Hillary Rodham Clinton (D-N.Y.) and the attorney general's post for Eric Holder.
As Investment Banking Keeps Changing, SEC Regulators Keep Moving
November 21, 2008The usual bureaucratic response to adversity is to rearrange the deck chairs as the ship goes down. But the Securities and Exchange Commission, whose task had been to regulate the now-defunct -- okay, transformed -- investment banking industry has come up with a creative variant.
Democrats Dingell and Waxman in Even-Money Showdown for House Oversight Post
November 21, 2008 The intraparty "Clash of the Titans" between veteran Rep. John Dingell (D-Mich.), chairman of the House Energy and Commerce Committee, and his challenger for that position, Rep. Henry Waxman (D-Calif.), is taking on the trappings of a traditional political battle, complete with letter-writing and petition campaigns.
Sarah Palin Invites You to Alaska
November 21, 2008Alaska Gov. Sarah Palin lost no time getting down to work upon her return to gubernatorial duties, despite the distractions of having to cook meals for television reporters interviewing her. Job One: counteracting the effects of plummeting oil prices on state coffers.
Hillary Clinton as Mrs. Foggybottom?
November 21, 2008There's increasing chatter in political circles that the Obama camp is not overly happy with the usual suspects for secretary of state these days and that the field may be expanding beyond Sen. John F. Kerry (D-Mass.), New Mexico Gov. Bill Richardson (D), Sen. Chuck Hagel (R-Neb.) and perhaps former senator Sam Nunn (D-Ga.).
Grab a Chair
November 21, 2008Congress returns to town next week for a lame-duck session fired up to pass a new stimulus package, help out the sinking U.S. auto industry and save the jobs of more than 200,000 workers.
mocoNews.net - Updated: Loopt Hires Investment Bank To Weigh Funding And Sale Options
November 21, 2008 Loopt is either looking to cash in or cash out with the aid of an investment firm, TechCrunch reports. Allen & Co., which has successfully heralded some big sales in the tech space, was recently hired by the location-based social network to represent them in a sale or new round of funding. This summer, Loopt took an early lead on the iPhone when the App Store launched, and just recently regained its popular footing thanks to exposure in an iPhone TV commercial. Following the high-profile product placement, the friend-finder is being downloaded more often than Facebook or MySpace. The hardest thing to believe in all of this is the $500 million valuation Loopt is reportedly seeking under the guidance of Allen & Co., VentureBeat reports. Loopt has not replied to requests seeking comment.
Latinos and the Obama Cabinet
November 21, 2008Latino political advocates, citing the importance of Latino votes in President-elect Barack Obama's victory, are pressing him to appoint at least two and as many as four Latinos to his administration's 20 Cabinet-level positions.
In a New Administration, Some Brand-New Jobs?
November 21, 2008The intense competition among Democrats for top jobs in the incoming Obama administration assumes there are a fixed number of posts worth having. But it's looking likely that some extremely choice, even consequential, positions are going to be created by the new administration.
Still Yearning for Change? Make Sure the Site Is Right.
November 21, 2008If you're looking to track the transition to the Obama administration in real time, make sure you're going to the right Web site. It turns out there are two sites called "Change," and they present vastly different visions of "change we can believe in."
