Securities and Exchange Commission

Kid Gloves For Katzenberg

Democratic Super PACs are drawing big dollar donors, according to a report by the New York Times. However, Times reporter and former staff writer for the liberal American Prospect, Nicholas Confessore, grossly understated the political contributions one of President Barack Obama’s biggest supporters.

ProPublica Donor Gets Pass—from ProPublica

Liberal millionaire and major Obama bundler Jeffrey Katzenberg receives little scrutiny from nonprofit journalism group

A spokesman for ProPublica responded Tuesday to charges that the nonprofit journalism outfit devotes most of its investigations to donors of Republican and conservative causes while largely ignoring similarly influential donors on the left end of the political spectrum—including one donor to ProPublica itself.

Fletch Gets Sued

Hedge-fund manager, Obama donor embroiled in nine-figure lawsuit with Louisiana pension funds

Prominent hedge-fund manager and Obama donor Alphonse “Buddy” Fletcher is embroiled in a legal battle with three Louisiana-based pension funds seeking to recoup a $100 million investment with his firm.

Bungled Bailout

Treasury pushes for new regulations to solve problem created by previous regulations

The Treasury Department is pushing for a new batch of regulations on money market mutual funds to dispel consumer notions that the funds are backed by a government guarantee—a notion created by a bailout forced on the industry against its wishes in 2008.

Money Market Mayhem

Dodd-Frank regulatory board targets money market mutual funds

A regulatory board created by the Dodd-Frank financial reform could push trillions of dollars into big banks, driving up costs for struggling businesses and the government by doing away with alternative investment accounts, according to industry insiders.