DOJ Targets Tech Giants; Congress Helped Banks Defang Key Rule; A Shifting Earmark Eyed
Federal Antitrust Probe Targets Tech Giants » The Justice Department has launched an investigation into whether some of the nation's largest technology companies — including Google, Yahoo and Apple — violated antitrust laws by negotiating the recruiting and hiring of one another's employees. — Washington Post
Congress Helped Banks Defang Key Rule » This year, 31 financial firms and trade groups launched a multimillion-dollar lobbying campaign to alter an accounting rule that forced them to report billions of dollars of losses on troubled mortgage securities, pursuading key members of Congress to get the rule changed. — Wall Street Journal ($)
A Shifting Earmark Eyed » In early 2005, Rep. John Murtha (D-Pa.) apparently added language to a tsunami relief bill shifting $8.2 million from a former client of his brother's lobbying firm to a new client of the same firm. That earmark is now tangled up in a federal indictment alleging that some of the money was skimmed by contractors and a Defense Department employee for their personal use. — Roll Call ($)
Cheney Led Interrogation Briefings » The former vice president personally oversaw at least four briefings with senior members of Congress about the controversial interrogation program, part of a secretive defense waged throughout 2005 to shore up support for the harsh techniques. — Washington Post
After the jump...
BEST OF THE REST
List of U.S. Nuclear Sites Inadvertently Posted Online (WaPo)
Critics Blast Obama Classification Review (ABC)
PMA-related snarls mount for Pete Visclosky (Politico)
Rangel Reportedly Faces Another Ethics Inquiry (NYPost)
Watchdog Groups Press for Burris Hearings (Sun-Times)
Contractors Owe Government $2.8 Billion (WaPo)
Mueller: Stimulus Plan Vulnerable to Fraud (Bloomberg)
BofA wins appeal on overdraft fees on subsistence accounts (LAT)
Colo. Man Accused in $10 Million Ponzi Scheme (DenverPost)
BP Violated Federal Pollution Limits (ChiTrib)
Tillman's mother says general lied again about his death (CNN)
Source: U.S. made bombing errors in Afghanistan (AP)
By Sarah Fitzpatrick |
June 3, 2009; 9:59 AM ET
The Daily Read
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