most disturbing is AARP who was supposed to be a nonprofit nonpartisan organization that advocated on behalf of seniors. However, AARP has used its membership roster to line the pockets of the corporate AARP offices through kickbacks from service p
Sen. Charles Grassley is trying to make sure that commission can't even consider the possibility of decriminalizing or legalizing any currently illegal substances.
On the 10th anniversary of Congress voting to repeal the Glass-Steagal Act, current members of the body are talking about ways to potentially bring it back.
[How convenient] - Earlier this month, state police reopened their investigation, acknowledging that they had never interviewed two Bourne firefighter/EMTs who treated Peirce at the scene of the Route 6 crash.
Those Bourne firefighters declined to
An oxymoron (i.e. "sharply dull" in Greek) is a figure of speech that combines two normally contradictory terms. They appear in a range of contexts, from inadvertent errors to puns such as “extremely average” to “jumbo shrimp”, to the “same differen
Gotta watch the video on this one. During an ongoing judicial hearing, a Maricopa County Sheriff's Deputy walks behind the defense attorney, rummages through her legal documents and hands a few to another deputy who walks off with them. The deputy cl
House ethics investigators have been scrutinizing the activities of more than 30 lawmakers and several aides in inquiries about issues including defense lobbying and corporate influence peddling, according to a confidential House ethics committee rep
The House ethics committee announced Thursday that it would begin full investigations into two House members, Maxine Waters and Laura Richardson, but a security breach threatened to make public the names of many other members facing ethics inquiries.
Nearly half the members of a powerful House subcommittee in control of Pentagon spending are under scrutiny by ethics investigators in Congress, who have trained their lens on the relationships between seven panel members and an influential lobbying
(Maybe Goldman Sachs will hire him) A man in eastern China has been given a 9-year jail term for buying and selling over 58 billion yuan ($8.5 billion) worth of fraudulent gold futures, state media said on Thursday. The man, named as Zhang Yong
Dubbed the "instant millionaire", Congressman Alan B. Mollohan is a self-made political creature. He’s been representing WV’s-1 since 1982. Along the way, he’s picked up some powerful committee seats, lots of personal cash and a lot of questions. We
The Department of Defense awarded nearly $30 million in stimulus contracts to six companies while they were under federal criminal investigation on suspicion of defrauding the government.
After receiving a complaint alleging a violation of Open Meeting Law during an Oct. 13 Tombstone City Council meeting, along with reviewing a video clip of the incident, Cochise County Attorney Edward Rheinheimer said his office decided to initiate t
Palm Beach billionaire Jeffry Picower, the biggest beneficiary of Bernard Madoff's fraud, was found lying at the bottom of the pool at his home, police said. Police were investigating the death of the 67-year-old investor as a drowning.
What is it about the name Goldman Sachs that makes otherwise sensible people foam at the mouth? . Alistair Darling declared that this was a grievous mistake and that no bank “would be standing here today if the taxpayer had not put their hand into th
Lobbying by large financial firms has been relatively quiet during the period they were receiving government bailouts, as it would have looked foolish and unethical to be receiving taxpayer funds while then turning around and making donations to poli
Why Make Money through Commercial Banking when you can become a taxpayer backed Investment Bank. How JP Morgan Really made the $3.6 Billion in Q3 Profits.
As of September 30, 2009, Partners Bank had total assets of $65.5 million.
....
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $28.6 million.
Congress put American taxpayers on the hook for $700 billion last year when it approved the massive bailout to paper over imprudent lending decisions of nine Wall Street giants: Bank of America, Citigroup, Wells Fargo, JP Morgan Chase, Goldman Sachs
An Alaska businessman admitted to giving gifts to Republican Rep. Don Young, the state's long-serving sole congressman, in a confession made public as part of an ongoing federal investigation into political corruption in the state.
Tens of thousands of people may have taken advantage of the first-time home buyer tax credit to defraud the government, an IRS watchdog office said Thursday, in testimony that could jeopardize efforts to extend the popular program.
Two Democrats on the House Oversight and Government Reform Committee are joining with panel Republicans in formally calling for Chairman Edolphus Towns (D-N.Y.) to launch an investigation of the Countrywide VIP loan scandal.
Before Henry Paulson become Secretary of the Treasury, he was required by law to sell all of his shares in Goldman Sachs. He was allowed to sell all of his shares of Goldman Sachs stock tax-free. Thus, by becoming Secretary of the Treasure, he was
rganized crime gangs are exploiting a new target for illegal profit: Medicare and Medicaid "They're hitting us and hitting us hard," said Timothy Menke, head of investigations for the Office of Inspector General at the Department of Health and Human
The prospect of Goldman Sachs awarding record bonuses in the wake of the financial collapse has the potential to incite a broad-based populist backlash, argues Martin Sieff. He explores how Wall Street has roused the public's ire in much the same way
There is a sense that if you make money you are going to give. Making money, however, is different from stealing money. If you steal the money, you are not expected to give it to a charity my friends. If you steal the money we will take the money bac
Time to call out the outrageous actions this "bank" has taken.
Let's first start with the fact that Capital One, along with most of the other "big banks", took TARP money. Why did they need/take TARP money? Simple: They were incompetent in their
As the Obama Administration prepares a new TARP-like program, this time targeting smaller, community and local banks, Inspector General Neil Barofsky thinks “it’s unrealistic to think we’re going to get all that money back” in a statement made Wednes
On Tuesday, March 11th, 2008, somebody — nobody knows who — made one of the craziest bets Wall Street has ever seen. The mystery figure spent $1.7 million on a series of options, gambling that shares in the venerable investment bank Bear Stearns woul
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