September 2012

The Meltdown: Four Years Ago Today

When Outside Events Crowd The Campaign Trail

It was early Monday morning, September 15.  During my slow walk to work through the backstreets of Chicago, I carefully replayed a conversation in my head from six months before with my close colleague and the campaign's CFO, Marianne Markowitz.  Back then, in March, Marianne had been reacting to reports that renowned investment bank Bear Stearns was failing.

"This is bad news, Henry," Marianne exclaimed when she arrived at work.  "It's a really big deal," she added, shaking her head for emphasis.