barack-obama

The Perils of a New Presidency

cityfile · 02/10/09 06:50AM

Oh, no! Poor Barack Obama bumped his head while boarding Marine 1 at the White House yesterday. Fortunately, neither the helicopter nor the president sustained any serious damage. [YouTube via Buzzfeed]

Obama Presser Ruffles Insecure DC Hacks

Ryan Tate · 02/10/09 06:06AM

Think Barack Obama's Monday-night press conference was about economic policy or endless Mideast war or whatever? Fool. It was the latest round in the White House press corps' endless dick-measuring contest.

Gloomy Obama: 'The Party Is Over'

Ryan Tate · 02/09/09 10:18PM

For a president elected on a platform of hope, Barack Obama sure knows how to throw around the doom and gloom when he wants to rise above the trifles of the Beltway political game.

Washington's New Bailout, UBS Stays in the Game

cityfile · 02/09/09 06:39AM

• Details about the Obama administration's plan to revise the bailout are still sketchy, but more will be revealed by Tim Geithner tomorrow. [WSJ, BN, DB]
• UBS is slashing bonuses by 80 percent, but the bank says it does not have plans to get out of investment banking altogether. [BN]
• Barclays announced that quarterly profits exceeded analysts' estimates. [BN]
• More trouble for Bill Ackman's Pershing Square Capital. [DB, NYP]
• Goldman chief Lloyd Blankfein addresses what went wrong on Wall Street in a op-ed piece for the Financial Times. [FT, FT]
• Sunday's New York Times, meanwhile, provides an account of what went wrong between Merrill's John Thain and BofA's Ken Lewis. [NYT]

DWI Trouble for Possible Car Czar?

cityfile · 02/06/09 03:07PM

Steve Rattner is the very prominent financier, the man who manages Michael Bloomberg's money, and a leading candidate to fill the post of "car czar" in the Obama administration. The nomination process, however, has stalled in recent weeks, according to today's Journal, and now there's a possible explanation for the delay: Rattner's wife, Maureen White, was arrested for drunk driving in October. Ironic, yes, and probably most unwelcome news for President Obama considering how many controversies have already been stirred up by his nominations over the past few days. But there's another layer of mystery to the story.

Judith Warner's Dreams of Our President

Pareene · 02/06/09 10:55AM

Were you wondering about the response of entitled comfortable menopausal women to the Obama presidency? No, you weren't, because those women are well-represented in our media, and you already knew they wanted to fuck the president.

Etta James Prepares to Go 'Full Bale' On Beyoncé, Obama

Kyle Buchanan · 02/05/09 08:00PM

James seems awfully sore that Beyonce got the Inauguration nod instead of her, and made no bones about that fact at a concert last week in Seattle. "I can't stand Beyoncé," she muttered to the audience. "She has no business standing up there singing that song." James also threatened violence toward the singer and claimed that Obama was "not my president," a Secret Service-tempting taunt that the audience, so ready to hoot at Beyoncé, knew less what to make of. Beware, Miss Knowles: when the full moon wanes, and a suddenly-itchy leather bustier signals your transformation from Sasha Fierce back into the terribly ordinary Beyoncé, Etta James will be ready to pounce!