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Tuesday, March 27, 2012

A Coup At Goldman Sachs?


The National Memo
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Tuesday, March 27, 2012
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ANOTHER MESSAGE FROM THE EDITOR-IN-CHIEF
Luckily, nobody was hurt when The National Memo's new website platform crashed yesterday, but we're still very sorry that a technical malfunction inconvenienced any of our loyal readers. We trust that this won't happen again -- at least not until the next iteration -- and hope that you will continue to visit and enjoy the site's many enhanced features. Onward and upward -- and as always, many thanks for your support. READ MORE
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FEATURED COLUMN: WILLIAM D. COHAN
More often than not during the past 100 years, succession to the top job at Goldman Sachs (GS) has been a blood sport. A careful reading of former Goldman employee Greg Smith's infamous New York Times op-ed article -- along with a twist of conspiracy theory -- suggest that the jockeying to replace Lloyd Blankfein, who has been Goldman's chief executive officer since June 2006, is well under way. READ MORE
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SUPREME ISSUE
The Supreme Court opened its hearing on the constitutionality of Barack Obama's signature healthcare law Monday with a brief moment of partisan unity: the Republicans challenging the law and the government lawyers defending it agreed that the high court should rule now, rather than waiting for it to take effect in 2014. The justices seemed to agree, raising the likelihood of a landmark ruling in the thick of the presidential election this June. Today we will hear the argument central to the conservative assault: Whether Congress has (or lacks) the power under the Commerce Clause to require citizens to purchase health insurance. READ MORE
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FEATURED COLUMN: MARY SANCHEZ
Susan G. Komen for the Cure continues to be a cautionary tale about the toxicity of our politics, and how easy it is for those politics to drive a large and trusted charity into a ditch. READ MORE
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FEATURED COLUMN: JEFF MADRICK
Rarely has there been such poor management of economic affairs since the Great Depression. Readers should know this: There is a path to successful resolution. It's just that, time and again, no matter who is in charge, Europeans seem to currently be in the grip of of obscenely wrong-headed economic thinking. READ MORE
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VIDEO OF THE DAY
Former pizza magnate and presidential candidate Herman Cain is back, with a new web spectacular. But even for Cain, this video -- in which a rabbit is inexplicably launched from a catapult and then shot by a bespectacled man -- is completely nuts. READ MORE
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CARTOON OF THE DAY
Danziger Cartoon
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