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Jackson Denies Wrongdoing, Lawmakers Criticize TARP, Shay's Campaign Manager Investigated

POSTED: 10:43 AM ET, 12/11/2008 by Chris Matthews

Good morning, and welcome to the Daily Read for Thursday. Making headlines this morning -- The House passed a bailout for the auto industry and the legislation now goes to the Senate. Feel free to comment and let us know if we missed anything.

Jackson Denies Wrongdoing» Rep. Jesse L. Jackson Jr. said he did nothing wrong in seeking a Senate appointment from embattled Illinois Gov. Rod Blagojevich. — Washington Post

Lawmakers Criticize TARP » Lawmakers criticized the Treasury Department's handling of its $700 billion financial-industry rescue program, saying the effort had been mismanaged, and warned that no additional money would be forthcoming barring significant improvements. — Wall Street Journal

Shay's Campaign Manager Under Investigation » Federal agents are investigating Rep. Chris Shays' campaign manager for the alleged misappropriation of money in his re-election run this year. — Hartford Courant

Chertoff Used Illegal Immigrant Workers» Some of the workers for a cleaning company used by Homeland Security Secretary Michael Chertoff, the nation's top immigration official, were illegal immigrants. — Washington Post

Rezko Talking to Feds » A footnote to the 76-page criminal complaint and affidavit charging Illinois Gov. Rod Blagojevich (D) with soliciting bribes confirms what has long been rumored -- that a former longtime friend and fundraiser for President-elect Barack Obama is talking to federal prosecutors in hopes of a reduced sentence.— Washington Post

Mumbai Investigation Focuses on Indian Collaborators » Having blamed a Pakistani terrorist group for last month's deadly attacks in Mumbai, investigators are turning their attention to homegrown suspects who may have assisted with attacks on Indian soil. — Washington Post

Veterans Group Squandered Funds» A nonprofit veterans group has "squandered" hundreds of thousands of dollars of the $17 million in federal funds it has received since 2001 and essentially abandoned its mission of helping veterans start small businesses. — Washington Post

After the jump...

Best of the Rest

» Blagojevich's Wife Supported Senate Scheme (LAT)
» EPA Abruptly Backs Away From Proposals (WaPo)
» Mumbai Terror Group Trained American Jihadists (Wired)
» Massachusetts Inquiries Breeding Public Distrust (NYT)
» White House Opposes FCC Free Wireless Internet Plan (WSJ)
» NAACP Claims Misuse of Katrina Funds (WSJ)
» Committee to Urge Inventory of Nation's Levees (AP)

By Chris Matthews |  December 11, 2008; 10:43 AM ET The Daily Read
Previous: Is Jackson 'No. 5'? Plus: Blago Deputy Quits | Next: 'Lady Macbeth' of the Blago Scandal


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