Mere hours after Hillary Clinton officially stepped aside to make way for her rival Barack Obama, Forbes magazine released its annual list of the world's most powerful women. It's a big thumb of the nose to the vanquished senator from New York, who's nearly a third of the way down the list at No. 28.

Meanwhile, Condoleezza Rice is in the top ten at No. 7. And the No. 1 most powerful woman in the world is German chancellor Angela Merkel, who isn't even American.

Way to twist the knife, Forbes.