The New York Post’s Jennifer Keil and Chuck Bennett reported in Monday’s paper that Citigroup, which has received $45 billion in government bailout funds, is about to upgrade to a new $50 million, twelve-seat corporate jet.
The plane, the Dassault Falcon 7X, is a luxurious jet with a range of 5,950 nautical miles (meaning it can [...]
Reversing course, Senate Democrats grudgingly accepted embattled Illinois Gov. Rod Blagojevich’s hand-selected Senate appointee, Roland Burris, as they sought to break an impasse over President-elect Barack Obama’s former seat.
The new Illinois senator is expected to be sworn into office later this week.
Senate Majority Leader Harry Reid of Nevada and Sen. Dick Durbin of Illinois made [...]
A person close to the discussions says Caroline Kennedy will seek the U.S. Senate seat being vacated by Hillary Clinton.
Kennedy has told Democratic Gov. David Paterson she wants the job should Clinton be confirmed as secretary of state for President-elect Barack Obama.
The person spoke on the condition of anonymity Monday because neither Kennedy nor Paterson [...]
Gov. Rod Blagojevich hasn’t ruled out signing a bill creating a special election to fill President-elect Barack Obama’s Senate seat, his spokesman said Monday, the first hint the embattled governor may loosen his grip on the seat.
Blagojevich was arrested last week on charges he tried to profit from his power to choose Obama’s replacement and [...]