Taxpayers Could Foot Bill For Fannie Mae Fraud Settlement →
We bailed them out, and now we might have to pay for their court settlement too.
“The government ought to be limiting prosecutions to those intending to harm our national defense. The overzealous prosecutions and subsequent silencing of those who might disclose government information undermines the legitimacy of national security claims and every open government declaration the President has made.”
For sale: Former Air Force One →
A former Air Force One has gone on the market.
That’s one way for the government to make a little money.
wnyc:
Cool project to revisit news stories that made a big splash back in the day. First up: a giant floating barge of garbage from 1987.
-Jody, BL Show-
Imagine revisiting a big scandal from the past in video form. That (seems) to be what Retro Report is all about. Fantastic! Want more!
A friend of ours, journalist/documentarian Harry Hanbury, produced this piece for Retro Report.
(via truth-has-a-liberal-bias)
House Votes to Bar Tax-Delinquent Contractors But Not Individuals →
The House unanimously passed a bill to bar contractors who are behind on their taxes from receiving federal funds, according to an article in The Washington Post.
Budget Breakdown: Rolling Analysis of Obama's FY 2014 Budget →
We’ve started our analysis of President Obama’s budget request. We will be continuing to roll out information for the next couple days on key programs. Check back to see what wasteful programs are still receiving money and what is happening to the budgets of federal watchdogs.
Powerful Firm Becomes Second Home for Financial Regulators →
Promontory Financial Group, a consulting firm, has become so powerful in the financial regulatory world that is advises both the government on how to write regulations and banks on how to comply with them. Part of their dominance is because nearly two-thirds of the company’s senior executives came from financial regulatory agencies.
Almost one million veterans are waiting for their benefit claims to be processed, according to an investigation by the Center for Investigative Reporting. One regional office in North Carolina was so overrun with claims folders that the sheer weight of their content exceeded the load-bearing capacity of the building itself.
These photos were included in a 2012 report from the Veterans Affairs Office of Inspector General. To see more photos and learn more about the backlog, go here.
These photos are insane. 1) Because there are so many files and 2) because they are PAPER. Click the link above for even more.
Former SEC Chief Finds Consulting Firm Through Revolving Door →
Mary Schapiro, the former head of the Securities and Exchange Commission (SEC), is joining Promontory Financial Group LLC, a major private consulting firm stocked with former regulators, but she thinks she isn’t part of the revolving door.
