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FEMA Grilled Over Unspent Aid, Unpacking the Pork in Omnibus Bill, More Mini-Madoffs

POSTED: 09:53 AM ET, 02/26/2009 by Amanda Zamora

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I'm frankly outraged to hear that there is this much money piled up."
D.C. Delegate Eleanor Holmes Norton, FEMA Grilled on $4 Billion in Unspent Aid

Unpacking the Pork » The House on Wednesday passed a $410 billion omnibus spending bill packed with pet projects requested by Democrats and Republicans alike, including $1.7 million for a honey bee laboratory in Weslaco, Tex.; $346,000 for research on apple fire blight in Michigan and New York; and $1.5 million for work on grapes and grape products, including wine. — New York Times

Another Day, Another $660M Bilked » Two men at Greenwich, Conn.-based WG Trading were charged Wednesday in a $550 million fraud that allegedly went back to 1996, bringing the latest fraud tally to: three alleged schemes, $660 million, four arrests. Those numbers seem small compared to Bernard Madoff's alleged $50 billion swindle, and even the $8 billion Allen Stanford is accused of running off with, but it's another sign that federal prosecutors have no end of work in sight tracking down fraud schemes. — Forbes

Man With Ties to GOP Fundraiser Indicted » Federal prosecutors in Los Angeles on Wednesday indicted a Jordanian businessman with connections to the Florida Republican Party on charges of funneling illegal contributions to three former presidential candidates and Gov. Charlie Crist of Florida. — New York Times

Forest Labs Accused of Kickbacks » U.S. prosecutors are accusing Forest Laboratories Inc. of inappropriately marketing the drugs Celexa and Lexapro for children and paying kickbacks like spa visits to pediatricians who prescribed the drugs, the Justice Department said Wednesday. — Reuters

Syringe Plant Operated Despite Complaints » A North Carolina syringe factory linked to hundreds of sicknesses and five deaths operated for almost two years without an inspection despite a series of complaints that its needles were dirty or filled with colored particles; federal investigators contend that the company was so consumed with maximizing profits that it shipped tainted syringes. — Associated Press

After the jump...

» Report: Thain Finally Tells All (ABC)
» Secretary Seeks Review of Immigration Raid (NYT)
» City Can Reject Religious Display (WaPo)
» Files Detail Rule-Breaker's Rise at CIA (WaPo)
» Union Crane-Safety Teacher Admitted to Oversight Lapses (NYT)
» FBI raids U. of Fla. nuclear power institute (OrlandoSentinel)

By Amanda Zamora |  February 26, 2009; 9:53 AM ET The Daily Read
Previous: Obama Targets Farm Subsidies As 'Wasteful' | Next: What Did Thain Say in Closed-Door Meeting?


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