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Hedge Fund Exec Aids Pension Probe; Stevens Gambled on Plea Deal; Obama Tilts to CIA on Memos

POSTED: 10:08 AM ET, 04/15/2009 by Amanda Zamora

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Hedge Fund Exec Aids Pension Probe » A hedge fund executive has pleaded guilty to securities fraud and is cooperating with New York State Attorney General Andrew M. Cuomo's investigation of corruption at the state pension fund, according to court records unsealed in Manhattan on Tuesday. — New York Times, Washington Post

Stevens Gambled on Plea Deal » Before his indictment on corruption charges, then-Sen. Ted Stevens (R-Alaska) rejected a plea deal that would have required that he plead guilty to a felony but would have resulted in no jail time, according to newly released court records. — Washington Post

Obama Tilts to CIA on Memos » The Obama administration is leaning toward keeping secret some graphic details of tactics allowed in Central Intelligence Agency interrogations, despite a push by some top officials to make the information public, according to people familiar with the discussions. — Wall Street Journal ($)

DC-Area Execs Stay Above Fray » The shareholders who own the Washington region's big public companies didn't do very well last year, as most stocks swooned in the downturn. But most of the men and women who run those companies did not suffer proportionately, according to regulatory filings. — Washington Post

Drug-Study Firm Halts Reviews » Citing serious violations uncovered by a congressional probe, federal regulators Tuesday imposed restrictions on a company that monitors testing of experimental drugs and medical devices on human beings. The Colorado Springs, Colo., firm has agreed to stop reviewing new experiments. — Associated Press

After the jump...

BEST OF THE REST
» Appeals Court: Marine Can't Sue Murtha (AP)
» Judge approves sale of Madoff's Mets tickets (AP)
» UBS Client Pleads Guilty in Tax Case (NYT)
» 3 Oakland cops in hot water over Bailey probe (SFGate)
» Lawsuit proceeds against Cheney security team (DenverPost)
» Renzi racketeering, fraud trial delayed until fall (AZ Daily Star)
» DC court lifts sanctions on Stevens' law license (AP)
» Minn. Senate Case Highlights Potential Conflicts for Judges (CapitalEye)
» Report: Congress spent $20 billion on earmarks for 2009 (GovExec)
» NetApp Settles Whistleblower Complaint for $128 Million (AP)

By Amanda Zamora |  April 15, 2009; 10:08 AM ET The Daily Read
Previous: Former Telecom Chief's New Job: 40 Cents an Hour | Next: Investigator in Oakland Journalist's Slaying Accused of Compromising Case

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