Financial Crisis, Stevens Trial, White House Politics
Hello and welcome to Thursday's Daily Read. Before we get to today's news, The Fix has a recap of the final presidential debate last night. See something we missed? Post your suggestions in the comments below.
Financial Crisis » Lawmakers on both sides of the aisle say the government appears poised to enact a major overhaul of U.S. financial regulation agencies ... European Union leaders are pushing for global oversight of the world's 30 biggest banks and financial institutions ... federal investigators are investigating potential wrongdoing at Washington Mutual, the troubled savings bank that regulators seized late last month ... New York Attorney General Andrew M. Cuomo plans to investigate AIG's payments to senior executives ... meanwhile, AIG continues to lobby states to soften new controls on the mortgage industry. — The Washington Post, The New York Times, The Wall Street Journal
Stevens Trial » Catherine Stevens takes the stand today in the trial against her husband, Alaska Sen. Ted Stevens, a day after a key defense witness and close friend of Stevens denied telling a business executive that he didn't have to bill the Republican lawmaker for extensive renovations to his Alaska house. — Associatd Press, The Washington Post
Report: White House Aided GOP Campaigns » A new report by the House Committee on Oversight and Government Reform found at least 303 out-of-town trips by senior Bush appointees meant to lend prestige or bring federal grants to 99 politically endangered Republicans that year. — The Washington Post
ACORN Controversy » As accusations of fraud mount, ACORN is negotiating to sever all ties with its founder, whose brother embezzled almost $1 million from the group 8 years ago ... meanwhile, Ohio's attorney general has filed an emergency appeal to block a lower court decision that could deny thousands of voters a chance to cast ballots Nov. 4. — The New York Times, The Washington Post
Campaign Held Mortgage for Wexler » Although Democratic U.S. Rep. Robert Wexler hasn't owned a home in Florida for more than a decade, his campaign held a second mortgage until this year on a West Palm Beach house that's now in foreclosure. — Palm Beach Post
Prop. 6 Donor Causes Campaign Sparks » The coalition pushing Proposition 6 on California's November ballot is on the defensive as critics take issue with a $1 million contribution to the anti-crime initiative by indicted billionaire and Broadcom co-founder Henry T. Nicholas III. — Los Angeles Times
Death Row Inmates Denied Health Care » The ACLU claims that death row inmates at a federal prison in Indiana have been routinely denied access to medical, dental, and mental health care. — The Associated Press
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Posted by: sally | October 18, 2008 7:02 AM