Bailout Overseer Says Banks Misused TARP Funds; U.S. Expected to Miss Deadline on Detainee Policy; New Orleans Wants Ex-Residents Counted
Bailout Overseer Says Banks Misused TARP Funds Washington Post
Many of the banks that got federal aid to support increased lending have instead used some of the money to make investments, repay debts or buy other banks, according to a new report from the special inspector general overseeing the government's financial rescue program.
U.S. Expected to Miss Deadline on Detainee Policy Wall Street Journal
Obama administration officials said they will miss a deadline to make recommendations on detainee policy -- a key part of the plan to close the prison at Guantanamo Bay, Cuba, by January -- and are expected to seek an extension.
New Orleans Wants Ex-Residents Counted Wall Street Journal
New Orleans Mayor Ray Nagin is calling on former residents displaced by Hurricane Katrina in 2005 to claim their old city addresses in next year's census, drawing criticism for trying to circumvent rules for winning federal funds.
Drug Makers Criticized for Co-Pay Subsidies Wall Street Journal
Even as U.S. lawmakers seek new ways to rein in health-care spending, drug companies are quietly circumventing a proven tool for controlling prescription-drug costs: insurance co-payments
IG Fired by President Obama Files Lawsuit to Be Reinstated ABC
Army Bribe Probe Looks at Contracts, Kuwait firm Houston Chronicle
IG: Afghanistan Lacks Contracting Oversight MoJo
No-Bid Defense Contracts Mean Higher Costs WaPo
Pentagon Seeks to Overhaul Prisons in Afghanistan NYT
Agency: Exxon Sabotage May Merit $1 Billion Fine Bloomberg
D.C. Police Officers Subject of FBI Probe WaPo
Train Operator Under Scrutiny After Crash in San Francisco NYT
Where Are the Donation Bundling Reports?CQ Politics($)
A Vineyard Weekend for Lobbyists Roll Call($)
Two Members Scolded by FEC for Spending Campaign Cash on Clothes Roll Call($)
Conservative Group Offers Support for $2M Politico
NY Attorney General: Schwab Faces Fraud Suit WSJ($)
New FCC Chairman's Agenda Includes More Transparency WSJ($)
Pension Calculus Draws New Scrutiny WSJ($)
Stimulus Spending for Highways Stalled LAT
Subprime Brokers Resurface as Dubious Loan Fixers NYT
Intrigue Grows Over C Street Roll Call($)
By Sarah Fitzpatrick |
July 20, 2009; 10:11 AM ET
The Daily Read
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