Pentagon Travel Policies Criticized; Lawmakers Invested in Bailed-Out Firms; U.S. Targets Exec Pay
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Pentagon Travel Policies Criticized by Watchdogs » Pentagon personnel took more than 22,000 trips paid for by foreign countries, private companies and other nongovernmental sources over the past decade, according to watchdog groups. — Washington Post
Lawmakers Invested in Bailed-Out Firms » From stock holdings to retirement funds to mortgages, more than 20 House leaders and members of the House Financial Services Committee had large personal stakes in the Wall Street powerhouses whose collapse last year led to an unprecedented government intervention in the marketplace. — Washington Post
U.S. Targets Excessive Pay for Top Execs » The Obama administration named a "compensation czar" yesterday to set salaries and bonuses at some of the biggest firms at the heart of the economic crisis, including Citigroup, Bank of America and General Motors. — Washington Post
Probe Into U. of Illinois Admissions Ordered » Gov. Pat Quinn is tasking a commission with examining how lawmakers and trustees have used their political sway to help subpar applicants gain entry to the state's most prestigious public university. — Chicago Tribune
Rangel Steers Darpa Millions to Natural History Museum » Darpa is best known for its far-out Pentagon research. But over the last five years, the agency has also given $10 million to New York City's 140 year-old American Museum of Natural History. — Wired
BEST OF THE REST
» KBR Whistleblower Takes to the Hill (WaPo)
» Tuning In to William Jefferson's Corruption Trial (WSJ)
» Groups Linked to Councilman Got Inflated City Payments (NYT)
» High Salaries at L.A. Nonprofit Draw Scrutiny (LAT)
» Judge clears way for Alaska lawmakers' release (ADN)
» House to weigh firing judge, nixing $174k salary (Chron.com)
» Money laundering baffles Fla. sheriff's colleagues (AP)
» U.N. Seeks U.S. Probe of Alleged Misuse of Afghan Aid (WaPo)
By Amanda Zamora |
June 11, 2009; 11:11 AM ET
The Daily Read
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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.
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