A two-year Senate investigation of the financial sector has found that banks can meddle with the economy in new and frightening ways.
Sen. Carl Levin's Subcommittee on Investigations looked into some shady banking practices and reported that a hedge fund of Renaissance Technologies LLC found a clever way of cheating the IRS.
In a major national security speech this spring, President Obama said again and again that the U.S. is at war with “Al Qaeda, the Taliban, and their associated forces.” So who exactly are those associated forces? It’s a secret.
Pointing to the threat of terrorist groups like al-Qaida, Sen. Carl Levin and 60 of his colleagues voted Wednesday in favor of keeping provisions in the proposed National Defense Authorization Act that would grant the military the ability to detain terrorist suspects abroad and at home under controversial circumstances.
Tucked into the National Defense Authorization Act, a Pentagon spending bill set to go before the Senate for a vote this week, is a truly scary provision that would give the military the ability to lock up terrorism suspects, or those so considered by the military, without trying or charging them. Americans included.
Calling him "short, slight and looking as though he were on a break from prep school," The Washington Post's Dana Milbank devoted his entire column Wednesday to the "arrogance" of Goldman Sachs wunderkind Fabrice "Fabulous Fab" Tourre, as well he should have done.
Tuesday was not a fun day to be a top executive at Goldman Sachs Sen Carl Levin and his posse from the Permanent Subcommittee on Investigations made sure of that during a lengthy interrogation session, which included quite a zinger (continued) .
The company formerly known as Blackwater Worldwide has been mired in scandal ever since its guards massacred some Iraqi civilians, but the government work keeps coming. Sen. Carl Levin has asked the Pentagon to think carefully about awarding a $1 billion contract to the company now known as Xe.