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Unfortunately I believe that we are limited in what we can focus on. I think that if we proceed with the partisan sideshow of prosecuting Bush admin. officials, healthcare will get lost in the brouhaha.
— Posted by denamom, Obama's Quandary...

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Madoff Probe, Gitmo Detainees' Future Home and Charges in New York Firefighter Deaths

POSTED: 12:54 PM ET, 12/23/2008 by Derek Kravitz

Good afternoon, and welcome to the Daily Read for Tuesday. Please feel free to comment and let us know if we missed anything.

Beginning tomorrow, The Daily Read will be taking a break for the holidays. We'll be back Jan. 5. Please send us any interesting links or news items while we're away and we'll catch up in the New Year!

European Countries May Take Detainees » European nations have begun intensive discussions both within and among their governments on whether to resettle detainees from the U.S. military prison at Guantanamo Bay, Cuba, as a significant overture to the incoming Obama administration. — Washington Post

Regulator Let IndyMac Bank Falsify Report» A senior federal banking regulator approved a plan by IndyMac Bank to exaggerate its financial health in a May federal filing, allowing the California company to avoid regulatory restrictions only two months before it collapsed, a federal inquiry has found. — Washington Post

3 Men Indicted in New York Tower Blaze, But Not The City» Manhattan's district attorney announced manslaughter charges yesterday against three construction supervisors and a subcontractor, saying their gross negligence in dismantling the former Deutsche Bank building played a critical role in the deaths of two firefighters who responded to a blaze there in 2007. Prosecutors chose not to seek criminal charges against New York City, despite assertions that its lapses also played a role in the tragedy, citing legal obstacles to such a case. — New York Times

Probe Eyes Audit Files, Role of Aide To Madoff» Investigators probing the alleged fraud carried out by Bernard Madoff are looking at a key lieutenant at the firm and have issued a subpoena to the accountant who audited the firm's financial statements, seeking documents going back to 2000. Meanwhile, one of Madoff's biggest investors explicitly warned his clients of the danger that his brokerage "could abscond with those assets." — Wall Street Journal, Financial Times

Afghan Farmer Helps Convict Taliban Member In U.S. Court» An Afghan farmer's undercover work eventually led to the arrest and conviction in May of a Taliban associate on drug trafficking and engaging in narco-terrorism. He was sentenced yesterday to life in prison. — Washington Post

IRS: Fry's Exec Stole $65M To Pay Gambling Debts» A Ferrari-driving vice president of Fry's Electronics Inc. who was allegedly such a heavyweight gambler that casinos chartered private planes to fly him to Las Vegas has been arrested on charges he embezzled more than $65 million from the retailer to fuel his lavish lifestyle and pay off debts. — Associated Press

By Derek Kravitz |  December 23, 2008; 12:54 PM ET The Daily Read
Previous: Foreign Gifts to White House Staff | Next: Madoff Ponzi Scheme Might Have First Casualty


Please email us to report offensive comments.

Yea, there is something missing, but that may be by design.

Passing of Deep Throat reminded me of the Charactor of Nixon himself, oh and his little dog too, poor Checkers. In 1968, Nixon warned of cover-ups. Nixon must have had some intuitions into the nature of Public Office. Later in life, Nixon said that political zealotry caused his downfall. The Watergate break-in itself is an example of no holes bard (sp) political extremism.

In today's news, there is ample evidence of extremist postures whether we are talking about Economics, GITMO or Federal Prosecutions. The news media itself is fanatical with "the Freak of the Day" coverage. Blago just happens to be this week's freak. And look, judging by the last performance of Fitz, I hope he has learned better this time. Those zealots out in Chicago have alot to be desired in my world. Of course, I will bet that some day they will claim, "I was just doing my job" or "I had my orders" or better yet they will deny saying, "We can do whatever the Hell we want (to do)".

Besides political zealotry, we have religious zealotry figuring in there with the last 8 years of Church/State Unions. Those facts are witnessed through judiciary appointments or faith based initiatives. Pay to play is nothing more than, "What's in it for me" .

I am a bitter American, so what.

Posted by: truthhurts | December 23, 2008 1:37 PM

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