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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (112543)3/28/2008 2:11:14 PM
From: Pogeu Mahone  Read Replies (2) | Respond to of 132070
 
Mike
You feel like climbing back in the ring?-g-

WEDDINGS/CELEBRATIONS; Meredith Whitney, John Layfield
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DiggFacebookMixxYahoo! BuzzPermalinkPublished: February 13, 2005
Meredith Ann Whitney, a stock analyst, and John Charles Layfield, a professional wrestler, were married last evening at the Wyndham Casa Marina in Key West, Fla. The Rev. Lavelle Layfield, a minister of the Church of Christ and the father of the bridegroom, officiated.

The bride, 35, will continue to use her name professionally. She is an executive director of CIBC World Markets, part of the Canadian Imperial Bank of Canada, and works in New York, where she analyzes the stocks of financial institutions. She appears regularly on ''Cavuto on Business,'' a Fox News program. She graduated with honors from Brown.

She is a daughter of Barbara Gentry of Key West and Richard P. Whitney of Annapolis, Md., and a stepdaughter of Chisholm Gentry. The bride's mother retired as an executive recruiter in Washington. Her stepfather, also retired, was a freelance writer.

The bridegroom, 38, is the World Wrestling Entertainment champion, competing under the stage name John Bradshaw Layfield. He is also known as JBL, a character patterned after the wealthy oilman J.R. Ewing on the television show ''Dallas.''

He is also the host of ''The John Bradshaw Layfield Show,'' a syndicated radio show that covers current events. The bridegroom's previous marriage ended in divorce.

The bridegroom's father and mother, Mary Layfield, live in Athens, Tex. His father, who retired as the chief executive of the National Bank of Athens, is the pastor of the Church of Christ in Malakoff, Tex.

The bride and bridegroom met in 2003 when they were panelists on ''Bulls & Bears,'' a Fox News program, and were seated next to each other at dinner afterward. Mr. Layfield had just published ''Have More Money Now: A Common Sense Approach to Financial Management'' (Simon & Schuster).

''At that point, I was an extremely independent woman who had supported myself for a very long time,'' Ms. Whitney said. ''I traveled a lot, but it's so hard to meet people.''

Just days before she had been in a Manhattan taxi, chatting with the driver about relationships. ''He said to me, 'If you really want to meet the right person, you've got to identify all the characteristics you want in a man,''' she recalled.

Ms. Whitney took the cabby's tip and immediately drafted a list of qualities her ideal mate would possess: strong character, kindness, intellectual curiosity, family orientation, friendliness, generosity, good looks and enthusiasm for travel, food and music.

''When I met John, I checked off every item,'' she recalled.

Mr. Layfield's reaction was just as strong. ''Everything about her was perfect,'' he said.

A week after their initial meeting, the couple went out. They enjoyed talking so much they lingered over dinner for hours. ''After that I called her about 25 times a day,'' Mr. Layfield said. ''Meredith came along at a time in my life when I really needed somebody badly,'' he added. ''She took a country boy like me and kind of refined me. I know what fork to use now at the dinner table, and I drink my beer from a glass.''

That refinement process, Mr. Layfield recalled, was set in motion on their first date, when he asked Ms. Whitney if it would be acceptable to wear jeans and a sleeveless shirt to the restaurant.

'''You're joking, right?''' he said she asked. ''Thank goodness I found a shirt with a collar and sleeves.''

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To: Knighty Tin who wrote (112543)3/29/2008 11:08:09 AM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
OMG, it may not have been true before, but look:

Bush proposes financial regulation overhaul
Plan would expand powers of Federal Reserve
The Associated Press
updated 11:53 p.m. ET, Fri., March. 28, 2008
WASHINGTON - The Bush administration is proposing a sweeping overhaul of the way the U.S. financial industry is regulated.

In an effort to deal with the problems highlighted by the current severe credit crisis, the new plan would give major new powers to the Federal Reserve, according to a 22-page executive summary obtained Friday by The Associated Press.

The proposal would designate the Fed as the primary regulator of market stability, greatly expanding the central bank's ability to examine not just commercial banks but all segments of the financial services industry.

The administration proposal, which is to be formally unveiled in a speech Monday by Treasury Secretary Henry Paulson, also proposes consolidating the current scheme of bank regulation.

The plan would shut down the Office of Thrift Supervision, which supervises thrift institutions, and transfer its functions to the Office of the Comptroller of the Currency, which regulates banks. The plan would eliminate the distinction between banks and thrift institutions.

The role the Federal Reserve has been playing in efforts to stabilize the financial system after a credit crisis hit last August would be formalized.

The Fed would become the government's "market stability regulator," given sweeping powers to gather information on a wide range of institutions so that Fed Chairman Ben Bernanke and his colleagues could better detect where threats to the system might be hiding.

The proposal is certain to generate intense scrutiny in Congress and within the financial services industry, where past efforts to change how regulation is handled have met with fierce resistance.

Sen. Charles Schumer of New York, a Democrat, said that he approved of much that Paulson had included in the administration proposal.

"In broad outlines, we agree with large parts of Secretary Paulson's plan," Schumer, chairman of the Joint Economic Committee, said in a statement. "He is on the money when he calls for a more unified regulatory structure, although we would prefer a single regulator to the three he proposes."

Under Paulson's approach, the Fed would serve as the market stability regulator and there would also be a financial regulator that would focus on financial institutions that operate with government guarantees such as deposit insurance for banks.

The administration plan also proposes a business conduct regulator who would be in charge of overseeing consumer protection issues.

The plan was first reported by The New York Times on its Web site Friday night.