(Reuters) – Goldman Sachs Group Inc was charged with fraud by the U.S. Securities and Exchange Commission over its marketing of a subprime mortgage product, igniting a battle between Wall Street’s most powerful bank and the nation’s top securities regulator.
Yearly Archives: 2010
From the Cincinnatti Enquirer:
CINCINNATI – Fox News unexpectedly canceled conservative talk show host Sean Hannity’s appearance Thursday night at the Cincinnati Tea Party Tax Day rally, leaving a lot of disappointed fans – and a lot of confusion.
Hannity was scheduled to hold a book-signing and a live taping of his talk show during the event.
Fox News Executive Vice President of Programming Bill Shine issued a statement to the media Thursday evening saying Fox had decided to call Hannity back to New York to do the show because officials believed the Tea Party was using Hannity to make a profit at the event.
Because the tea parties are supposed to make money for Faux News, not the other way around.
From The Oakland Tribune:
LOS ANGELES — Several California Republican politicians, including Senate candidate Carly Fiorina, are scheduled to share the stage this week with one of the leaders of the “birther” movement that asserts President Barack Obama was not born in this country and is thus ineligible for his elected office.
Orly Taitz, an Orange County attorney who has gone to court many times to try to disqualify Obama, was invited to speak Thursday at a Tax Day Tea Party rally in Pleasanton that is expected to draw thousands. Late Tuesday, organizers said that they had rescinded Taitz’s invitation after questions were raised about her presence by candidates who had been contacted by the Los Angeles Times.
From the Memphis Commercial Appeal:
JACKSON, Miss. — Mississippi Gov. Haley Barbour is drawing criticism for proclaiming April as Confederate Heritage Month without mentioning slavery, the second governor this month to come under fire for the omission.
Rep. Robert Johnson, D-Natchez, who is black, said Monday that people need to learn about the “abhorrent, violent, depraved actions of slavery.”
Bob McDonnell, Virginia’s Republican governor, also named April as Confederate History Month, but his original proclamation didn’t mention slavery. After coming under national criticism, McDonnell last week revised it to denounce slavery as “evil and inhumane.”
Barbour, a Republican who helped campaign for McDonnell last year, said Sunday on CNN that slavery was bad but a fuss over McDonnell’s original proclamation “doesn’t amount to diddly.”
From The New York Times:
ALBANY — Carl P. Paladino, a Republican candidate for governor from Buffalo, drew fire on Monday for racist and sexually explicit e-mail messages that a left-leaning Web site claimed he had sent to friends and business associates in recent years.
From TALKING POINTS MEMO:
These aren’t the best of days for Don Blankenship, whose systematic downplaying of safety concerns as the CEO of Massey Energy helped lead to last week’s deadly mining disaster, and got him named the “seventh scariest person in America.” But by next January, things may be looking up for the hard-charging coal boss: He could have a very close friend in Congress.
Elliot [sic] “Spike” Maynard is running in the Republican primary to take on Rep. Nick Rahall (D-W.V.), whose district encompasses the heart of West Virginia coal country. Maynard, a former State Supreme Court judge, has said that his campaign “is about protecting the coal industry, including all the jobs associated with it,” and has charged that Washington Democrats have “declared war on the coal industry.”
From Ben Dimiero at MEDIA MATTERS:
Is anyone in charge at Fox News?
This week was a bit of a mixed bag for the journalistic ethics of Fox News.
On the upside, we confirmed that News Corp. chairman Rupert Murdoch is familiar with the idea of journalistic standards. On the downside, Murdoch appears to be completely unaware that his news network doesn’t have any.