Ask oil lobbyists, oil executives, and former employees and board members of the American Petroleum Institute how they describe API President Jack N. Gerard, and one thing they don’t say is soft. One calls him a “hard-nosed guy.” Another says he is “a political animal” who “loves a fight.” Yet another dubs him “Voldemort.” Read full article > >
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Jack Gerard, the force majeure behind Big Oil
The board members of the National Restaurant Association knew they wanted Herman Cain to run their organization in 1996. He was a hero in the restaurant world, so they offered him perks, including a luxury D.C. apartment and weekly first-class tickets from Washington to Omaha, where his wife was living. Read full article > >
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For Cain, some troubles as trade group chief
On Tuesday, House Speaker John Boehner, Senate Minority Leader Mitch McConnell, and their respective number twos sent an extraordinary letter to Federal Reserve Chairman Ben Bernanke. “It is our understanding that the Board Members of the Federal Reserve will meet later this week to consider additional monetary stimulus proposals,” they say. “We write to express our reservations about any such measures.” Read full article > >
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Wonkbook: Nice central bank you got here. Shame if something should happen to it.
When the Montgomery County Board of Education chose its first new superintendent in a dozen years, a 16-year-old high school junior from Rockville was among the eight board members to raise a hand. “I was humbled by the opportunity to cast a historic vote,” Alan Xie said. The opportunity to participate in the April 25 selection of Joshua P. Starr to replace the retiring Jerry D. Weast gave the student board member a great sense of responsibility and not a small sense of wonder. “Before the vote, I told my dad, ‘I’m going to be hiring a guy who will make more than you do,’ ” he said. (Starr’s base salary will be $250,000 a year.) Read full article > >
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Montgomery student wields power on school board
Wonkbook: Nice central bank you got here. Shame if something should happen to it.
Wednesday, September 21st, 2011
