Lawmakers reworked financial portfolios after talks with Fed, Treasury officials

ShareThis Lawmakers reworked financial portfolios after talks with Fed, Treasury officials 24 Jun 2012 In January 2008… the subprime mortgage industry was collapsing, and the Dow Jones industrial average had lost more than 2,000 points in less than three months. House Minority Leader John A. Boehner became the Bush administration’s point person on Capitol Hill […]

CIA Declines Lawmakers’ Request for Information on Leaks

ShareThis CIA Declines Lawmakers’ Request for Information on Leaks 08 Jun 2012 The CIA won’t respond to a U.S. House Intelligence Committee request for information about leaks of classified data, said Representative Mike Rogers (R-MI), the panel’s chairman. The committee had asked about last month’s disclosure of information on an intelligence operation that thwarted plans […]

Lawmakers Consider Digital Download Tax

From NBC Connecticut Downloading music, movies, e-books and Apps could soon cost Connecticut residents more as lawmakers consider a tax on digital downloads. The bill, proposed by the General Assembly’s Finance, Review and Bonding Committee, would have consumers pay the 6.35% sales tax on any electronic transfer. Supporters say the bill would level the playing […]

Suspicious letters sent to lawmakers and media outlets prompt investigation

ShareThis Suspicious letters sent to lawmakers and media outlets prompt investigation –Authorities: Mailings have tested negative for harmful substances 23 Feb 2012 Federal authorities said Thursday that they are investigating the existence of at least a dozen suspicious letters with powdery substances sent this week to lawmakers and national media outlets. A district office of […]

Anger in Greece as parliament to vote on bailout

Greek lawmakers will vote this weekend on a controversial austerity bill that Athens needs to avoid a messy default but which is fuelling a domestic political and social crisis that has brought thousands of Greeks out on the streets in protest. The cabinet approved the draft bill late on Friday – paving the way for […]

Lawmakers Question MF Global Trustee’s Work on Lehman Brokerage

By Robert Schmidt, Bloomberg.com The trustee liquidating MF Global Holdings Ltd. (MF)’s brokerage came under fire from two Republican lawmakers who said he’s proven too slow at a similar task resolving the broker-dealer of Lehman Brothers Holdings Inc. (LEHMQ) In a Nov. 4 letter to regulators, Representatives Ed Royce and Scott Garrett said they were […]

Crisis-weary Icelanders pelt lawmakers with eggs

ShareThis Crisis-weary Icelanders pelt lawmakers with eggs –‘As lawmakers, dignitaries and the country’s president walked to the traditional start-of-term Mass at a cathedral next door, they were hit with yogurt and eggs.’ <g> 01 Oct 2011 Icelanders angry about the price debt-burdened citizens are paying for their country’s economic crisis pelted lawmakers with eggs Saturday […]

Lawmakers Propose Cutting Hurricane Hunters Budget (But Cuts For War Off The Table)