Despite Pledges, Package Has Pork; D.C. Agency Probed in Water Report; Judges Guilty in Pa. Kickback Scheme
You have a moving vehicle, and people are trying to pile on and influence it in any way they can.
— David Merritt, Despite Pledges...
Despite Pledges, Package Has Pork » The compromise stimulus bill adopted by House and Senate negotiators this week is not free of spending that benefits specific communities, industries or groups, despite vows by President Obama that the legislation would be kept clear of pet projects. Meanwhile, according to a White House directive issued Feb. 9, federal agencies receiving stimulus funds are expected to have chosen a senior-level official to manage oversight of those funds by today. — Washington Post, Government Executive
Agency's Role Probed in D.C. Water Report » A 2007 research paper that assured District residents they had not been harmed by lead in their water is under investigation because of concerns that the chief author gave the city's water authority final approval of the paper. — Washington Post
Pa. Judges Guilty in Kickback Scheme » Mark A. Ciavarella Jr. and Michael T. Conahan are pleading guilty to wire fraud and income tax fraud for taking more than $2.6 million in kickbacks to send teenagers to two privately run youth detention centers run by PA Child Care and a sister company, Western PA Child Care. — New York Times
Renewed Push for Exec Pay Caps » After going nowhere last year, shareholder proposals to limit executive compensation at banks and securities firms are back with a vengeance. More than 40 financial firms have been hit with pay-related proposals, including Bank of America Corp., Citigroup Inc., J.P. Morgan Chase & Co. and Morgan Stanley. — Wall Street Journal
After the jump...
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