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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (10549)	11/13/2008 12:35:56 AM
From: critical_mass	Read Replies (1) \| Respond to of 33421

She opened her own hedge fund in 2007 according to this - not that it means she is qualified. bloomberg.com

To: John Pitera who wrote (10549)	11/13/2008 12:55:11 AM
From: Oblomov	2 Recommendations Read Replies (1) \| Respond to of 33421

I'll never understand the infatuation that Dem leaders have for Madeleine Albright. Almost every negotiation she headed up for the US has left the US with the short end of the stick. If they wanted to send a knowledgeable, respected Dem from the financial world, why not send Felix Rohatyn (if they wanted to go old school) or Paul Tudor Jones (new school)? Probably Jones is too busy shorting C right now, but they could get someone like him. I'll never understand the need for a "Czar" either. IIRC, it started in Reagan's first term with respect to drug policy, and was an invention of the press rather than a title that anyone in leadership promoted or took seriously. The media in the US is constantly in the process of building up new "czars" and defenestrating the ones they built up five minutes ago. It seems that that is how the media demonstrates its power and exacts deference: we built you up, we can tear you down.