TARP Report Slams Treasury, China's Net Users Take Aim Online, More Ponzi Schemes
See what else we're reading by subscribing to our GoogleReader feed, or following us on Twitter.
TARP Report Slams Treasury » As President-elect Barack Obama's team prepares to overhaul the U.S. Treasury's $700 billion financial-rescue package, a draft report by a five-member congressional oversight panel faults the department for failing to reveal its strategy for stabilizing the financial system, not answering questions asked by a government watchdog, and doing nothing to help struggling homeowners. — Washington Post, Wall Street Journal
China's Net Users Take Aim Online » When vigilant Internet users spotted photos of a housing official, they posted heated online discussions about his $15,000 Swiss watch and $22-a-pack cigarettes. Two weeks later, the official was fired. The case demonstrates how China's Internet users seek to expose people they suspect of wrongdoing. — USA Today
More Ponzi Schemes » Just weeks after the arrest of investor Bernard Madoff stunned Wall Street, federal authorities announced yesterday two new cases of alleged Ponzi schemes out of Pennsylvania and New York. — USA Today
Gotti Murder Mystery » Court papers filed in the upcoming trial of reputed Gambino soldier Charles Carneglia suggest that the corpse of John Gotti's neighbor -- murdered after he accidentally killed the gangster's 12-year-old son in a traffic accident -- was dissolved in a barrel of acid. — New York Daily News, Newsday
Holder Pushed for Controversial Clemency » Attorney general nominee Eric H. Holder Jr. repeatedly pushed some of his subordinates at the Clinton Justice Department to drop their opposition to a controversial 1999 grant of clemency to 16 members of two violent Puerto Rican nationalist organizations, according to interviews and documents. — Los Angeles Times
Ala. Sheriff Pocketed Prisoner Funds » The prisoners in the Morgan County, Ala., jail here were always hungry. The sheriff, meanwhile, was getting a little richer. Alabama law allowed it: the chief lawman could go light on prisoners' meals and pocket the leftover change. — New York Times
After the jump...
» Impeachment Vote Looms for Blagojevich (ABC)
» Plant That Spilled Coal Ash Had Earlier Leak Problems (NYT)
» Satyam Scrambles to Assess Finances (WSJ)
» Police in China Halt Parents Seeking Investigation Into School Collapses (NYT)
» Proposed U.S.-Overseas Airline Alliances Draw Senate Scrutiny (WaPo)
» Nationwide Inquiry on Bids for Municipal Bonds (NYT)
» Ex-Senator Craig Abandons Effort to Withdraw Guilty Plea (WaPo)
» Ex-FEMA Chief Brown Evacuated Amid Colorado Fires (WaPo)
By Amanda Zamora |
January 9, 2009; 9:43 AM ET
The Daily Read
Previous: Flushing Out Interior's Bathroom Spending |
Next: The Pitfalls of Private Health, Deadly Police Force and a Donor's Gift








If you have solid tips, news or documents on potential ethical violations or abuses of power, we want to know. Send us your suggestions.

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.
The Washington Post's permanent investigative unit was set up in 1982 under Bob Woodward.
We encourage users to analyze, comment on and even challenge washingtonpost.com's articles, blogs, reviews and multimedia features.
User reviews and comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions.