Climate Deal Confusion: No Real Deal Made in Copenhagen

December 21, 2009

The United Nations climate change summit in Copenhagen ended in apparent disarray last night with some world leaders hailing a “meaningful agreement”, while others said no deal had been struck. The US, China, Brazil, India and South Africa claimed, after a four-hour meeting, to have secured a partial pact. But their optimism was quickly undermined […]

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Who Gets the Best Ad Rates Online? CPM is Dead for Niche Sites

December 21, 2009

Online ad rates, we’re told, are on an express train to zero, helped along by gagillions of impressions generated by Facebook, Twitter and its ilk, and the networks, exchanges and targeting technologies that allow advertisers to buy audience as a commodity, without dealing with individual sites at all.

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Law Firms Cut Junior Lawyer Bonuses by as Much as 71 Percent

December 21, 2009

Law firms including Cravath, Swaine & Moore LLP and Skadden, Arps, Slate, Meagher & Flom LLP cut year-end bonuses for first-year lawyers by as much as 71 percent, part of a bid to keep client costs down and ride out a recession that has forced structural changes in the industry. Bonuses dropped for first-year associates […]

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Health-care reform to make La.'s charity system obsolete?

December 21, 2009

As the debate over health-care reform heats up on the Senate floor, with some lawmakers saying they’ll pass a version of the bill by the holiday break, the national eye has again turned to New Orleans. Three of the state’s top political figures — Gov. Bobby Jindal, Sen. Mary Landrieu and Rep. Joseph Cao — […]

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DC Cop Waves Gun at Snowball Fight

December 21, 2009

A snowball fight in one of D.C.’s trendy neighborhoods went wrong on Friday when a plainclothes cop showed up in his Hummer and brandished his gun. The crowd responded by pelting him with a snowball, and chanting, “Don’t bring a gun to a snowball fight!”

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Obamacare: No Exit

December 21, 2009

Perhaps the most common question I’m asked about ObamaCare is: “Will I be able to buy my way out of it?” The answer is: “Not unless you’re very rich.” The plan before the Senate creates a set of 50 state-based insurance “exchanges” that are established as markets for health plans. Consumers must buy policies from […]

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Dark Liquor Makes for Worse Hangovers Than Vodka: Tell it to my Friend, Gin

December 21, 2009

Seriously, how do they even assess something like this accurately?

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Investigation into Salahi's Night Out Held Back by White House

December 21, 2009

Case closed. That’s the verdict the White House has emphatically handed down on the embarrassing and troubling security breach a fame-craving Virginia couple performed during the Obama administration’s first state dinner, on Nov. 24. But eyewitness accounts, a Secret Service criminal investigation, congressional hearings and an Obama administration internal review depict a far more complicated […]

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Worst Decade Ever for the Stock Market

December 21, 2009

“Investors would have been better off investing in pretty much anything else, from bonds to gold or even just stuffing money under a mattress. Since the end of 1999, stocks traded on the New York Stock Exchange have lost an average of 0.5% a year thanks to the twin bear markets this decade.”

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Determined to Spend as Much Goodwill as Possible, Obama Heralds as Significant Progress Unpopular Compromises

December 21, 2009

Tapper: “President Obama came to the Diplomatic Reception Room Saturday afternoon to herald the unpopular compromise Senate health care reform bill and the watered-down non-binding international climate change accord as ‘significant progress’ on resolving ‘the crushing cost of health care and our dangerous dependence on fossil fuels.’”

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