
An Awkward Encounter in Albany | News emerged over the weekend that President Obama has been urging Gov. David Paterson to seriously consider bowing out of the race for governor, since the president and his advisers don't think he has a chance of winning next fall, especially if he goes up against Rudy Giuliani. Paterson rejected the suggestion yesterday, and indicated he plans to move ahead with his campaign. This morning the two men came face to face when the president touched down in Albany to deliver an economic address at a nearby college. So how did that go? It was a little bit awkward, not surprisingly: More
There's lot of financial news to be cheerful about today. According to Federal Reserve Chairman Ben Bernanke, the worst recession since the Great Depression is "probably over" at this point, which is certainly nice to hear even if Bernanke did say that it would be some time before the economy really turned around and new jobs were created. But that's not all!
• Even President Obama has acknowledged (unofficially) that
• Lindsay Lohan's troubles continue: Last week, the cell phone she left behind at a bodega in NYC prompted her to call the cops; now the police in LA are investigating a break-in at her Hollywood Hills home, which her family now says may have been an inside job. [














