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By Gary J. Dorrien
$35.00
By Ann Patchett
$13
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A look at the day’s political happenings, including an ex-Mitt Romney intern is arrested on suspicion of sexually extorting women and Mark Sanford debates a cardboard cutout of Nancy Pelosi.
Posted on Apr 24, 2013
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401(k) 2013 (CC-BY-SA)
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The Securities and Exchange Commission says it has won the largest ever settlement in an insider trading suit.
Posted on Mar 15, 2013
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Wikimedia Commons/Scrumshus
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By Theodoric Meyer, ProPublica —
Did you know Congress is exempt from portions of a number of federal laws, including provisions that protect workers in the private sector but don’t apply to the legislative branch’s approximately 30,000 employees? Here’s a look at some of the measures Congress exempts itself from.
Posted on Jan 31, 2013
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Wikimedia Commons / Scrumshus
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Just in time for election year, the U.S. Senate successfully ushered a bill—the Stop Trading on Congressional Knowledge Act, cleverly abbreviated as the Stock Act—through to passage, and it now awaits final approval from President Obama.
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TalkMediaNews (CC-BY)
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Looks like that request President Obama made, in last month’s State of the Union address, to send him a bill to sign that would restrict members of Congress from taking financial liberties in their own investment activities wasn’t just a passing reference to score points with the public. Above, Rep. Eric Cantor.
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Wikimedia Commons
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It’s already bad to think of a congressman cashing in on his insider knowledge of impending economic catastrophe, as Alabama’s Rep. Spencer Bachus stands accused of doing, but it’s all the more darkly ironic given his role as chairman of the House Financial Services Committee.
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Bill Day, Cagle Cartoons —
Posted on Oct 8, 2011
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Flickr / respres Some rights reserved
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Investigators at the United States Trustee Program, which oversees U.S. bankruptcy cases, are collecting mountains of evidence that show that banks industrywide are hurrying huge numbers of borrowers out of their homes prematurely, based on false loan repayment claims. (more)
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Wikipedia
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The founder of the Galleon Group hedge fund, Raj Rajaratnam, faces 25 years in prison after a jury convicted him on 14 charges related to a six-year insider-trading binge that netted him more than $60 million. (more)
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nydailynews.com
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Billionaire hedge fund founder Raj Rajaratnam was arrested Friday and charged with running the largest hedge fund insider-trading scheme in history. Charged with Rajaratnam, founder of Galleon Group, were executives of several prestigious U.S. companies.
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Was Frist playing doctor when he pushed legislation for medical reform or just lining his pockets? Get background on the accusations of Medicare fraud, conflict of interest and insider trading facing Sen. Bill Frist.
Posted on Dec 7, 2005
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Marching in Chicago: Resisting Rahm Emanuel’s Neoliberal Savagery
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