(Reading) Last night I dreamt I went to Manderley again.
The famous opening line of Daphne du Maurier novel "Rebecca," which is full of lies and mysteries and deaths. Well, now a story is emerging full of lies and mysteries and a supposed death, all wrapped around a troubled plan to bring a musical version of "Rebecca" to Broadway. Federal prosecutors have now charged a Long Island stockbroker, Mark Hotton, with fraud for allegedly creating sham investors in the production, and bilking the show's producers out of $60,000.
For Mitt Romney, this moment is a peak in a campaign that has had more than its fair share of valleys. During the Republican primary campaign, Romney suffered a number of close calls as the nomination and the presidency seemed about to slip through his fingers. The most recent of those close calls came just two weeks ago in Denver when Romney lagged far behind President Obama going into that first debate.
The Romney campaign has accused the Obama administration of being too soft on China. Critics of China's trade policy say Beijing keeps its exchange rate artificially low in order to make Chinese products cheaper than products made in the U.S., thus giving China an unfair trade advantage. President Obama, like his predecessors, has declined to identify China officially as a "currency manipulator," saying that designation would have no beneficial effect and could spark a new trade war. Governor Romney says he would reverse that policy on his first day in office.
Citigroup CEO Vikram Pandit is stepping down. In a statement released Tuesday morning, he said the time was right for someone else to take the helm. Pandit, who is 55 years old, took the top spot at Citi in December of 2007, just as the financial crisis was beginning to unfold.