Facing Biggest Economic Crisis in 70 Years, Some Say It's No Time for Excess
Lavish galas, oozing glitz and glam, typically ring in a new administration on Inauguration Day. But will Washington's elite soon dance its worries away to the tune of millions of dollars as the country faces its worst economic crisis since the Great Depression?
Striking the right balance for inaugural balls could be a challenge, given the nation's financial crisis.
From holiday bonuses for CEOs to an extravagant White House dinner served last week to world leaders, excess is being frowned... Full Story
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