Former Goldman Sachs CEO and Obama campaign bundler Jon Corzine’s role in the collapse of MF Global came under increased scrutiny Thursday, when the company’s former top risk officer told lawmakers that his repeated warnings about the firm’s aggressive trading strategy went unheeded.
In an appearance on Andrea Mitchell Reports on MSNBC Thursday, U.S. senators Barbara Boxer (D-Calif.) and Patty Murray (D-Wash.) criticized the Susan G. Komen foundation for cutting funding to the nonprofit organization Planned Parenthood, which is now the subject of a U.S. House investigation. Senator Boxer likened congressional Republicans investigating Planned Parenthood to Joseph McCarthy …
The London School of Economics (LSE) Student Union has passed a motion prohibiting students on campus from criticizing Islam. Some critics on the LSE campus have labeled the new rule a “blasphemy law.”
The “Buffet Rule” would close the deficit by less than five percent annually, according to the liberal The Center for Tax Justice.
President Obama doesn’t accept campaign donations from registered lobbyists, but employees of law firms and lobby shops still make up some of his top funding sources.
KIRO FM in Seattle reports that the city, which received $20 million in the 2009 stimulus package for a weatherization program, is struggling to create jobs.