Jack Lew, who has been nominated as the next treasury secretary, oversaw up as many as a hundred Cayman Island investments when he worked at Citi Bank as chief operating officer of the alternative investment services unit, SEC disclosures reveal. It has previously been reported that Lew himself had been invested in a fund that was based in the Cayman Islands.
In a joint interview with Secretary of State Hillary Clinton and President Barack Obama, Clinton reveals that Obama knew all along that expectations were set too high for him when he first came into office:
"What did he promise you [in order to accept the secretary of state job? And has he kept the promises?" Kroft asked Clinton, seated in front of Obama.
Or, maybe it is. In which case you should really cheer up. Getting all sulky and down in the dumps isn't going to starting adding days, weeks, months, and years to the Mayan calendar which runs out of tomorrows on the day after tomorrow (December 21, in case you are counting).
A newly released study by Transparency International finds the United States less corrupt now than it was in 2011. According to the survey's rankings, the U.S. is the 19th least corrupt country in the world this year; in 2011, the U.S. ranked 24th.
It is not even close: In a world poll of the U.S. presidential race, President Barack Obama is the clear favorite over Governor Mitt Romney. By a margin of 50-9 percent, Obama is favored in the poll of 21,797 respondents in 21 countries around the world.
President Obama's address at the United Nations was at times eloquently aspirational, and for the most part conventionally unobjectionable. But there was one sentence that gave away the fundamental lack of seriousness of the Obama worldview: "We have begun a transition in Afghanistan, and America and our allies will end our war on schedule in 2014."
On Fox News Sunday this morning, Chris Wallace asked Robert Gibbs, "So [Obama] has time for Whoopi Goldberg, but he doesn't have time for world leaders?" The question is in reference to Obama's decision to go on The View next week, but not to meet with world leaders, including Israeli prime minister Benjamin Netanyahu, when he's in New York City for the United Nations General Assembly.
Last month in London, Mexico’s Olympic soccer team won gold by defeating its Brazilian counterpart, 2-1. The victory gave Mexico its first-ever trophy in a major international soccer tournament (apart from the 1999 Confederations Cup), and it proved that the soccer gap between Latin America’s two largest countries is shrinking, with Mexico catching up on the region’s traditional powerhouse. The Olympic final also became a metaphor for the recent performance of the Mexican and Brazilian economies.
President Barack Obama awarded Presidential Medals of Freedom today at the White House to Bob Dylan John Glenn, John Paul Stevens, Madeleine Albright, Shimon Peres, Jan Karski, John Doar, William Foege, Dolores Huerta, Juliette Gordon Low, Pat Summitt, and Gordon Hirabayashi. The award is the highest honor a president can give to a civilian.