Goldman Fraud Suit Link to AIG Payouts?

By: Scarecrow Saturday April 17, 2010 4:00 pm

Remember the outrage following the decision to cover 100 percent of the credit default swaps claims against AIG? Well, now it appears that payout may have been partly for the same types of Goldman Sachs securities over which Goldman is now being sued by the Securities and Exchange Commission.

FDL Book Salon Welcomes Ari Melber, Year One of Organizing for America

By: Daniel Galvin Saturday April 17, 2010 2:00 pm

Welcome Ari Melber, and Host Daniel Galvin, author of, Presidential Party Building: Dwight D. Eisenhower to George W. Bush Year One of Organizing for America: The Permanent Field Campaign in a Digital Age The Obama for America campaign assembled the largest activist and volunteer network in history: 13 million email addresses, 4 million donors, 2 [...]

CA-Gov: Jerry Brown Shows Up to Campaign for Governor, Calls For Debates

By: David Dayen Saturday April 17, 2010 1:30 pm

Brown is trying to paint his multi-millionaire opponents, particularly Whitman, as marketing tools instead of public servants, and he is positioning himself as the man of ideas in the race instead of the product touted in TV ads.

Massey Energy – When Profit Kills

By: Bill Egnor Saturday April 17, 2010 12:45 pm

In the late afternoon of April 5th of this year, an explosion ripped through the Upper Big Branch Coal mine. It killed 29 of the 200 or so miners that were working underground that day. Mining is a dangerous business, especially coal mining where the material you are mining is the same material that holds up the roof. There is also the added problem that coal is carbon, and where there are large amounts of carbon there will be volatile hydrocarbons, specifically methane. A methane and or coal dust ignition is the likely cause of the explosion at the Upper Big Branch Mine.

Boxer: “I Do Not Support Pre-Emption”

By: David Dayen Saturday April 17, 2010 12:00 pm

FDL News asked Boxer if she would participate in the nullification of AB 32 if that was the only way to pass a federal climate and energy bill. “I do not support pre-emption,” Boxer said. She understood the need for clarity in trading systems, and that having one for California and one for the rest of the nation may be unwise. But pre-empting the entirety of AB 32 would reduce multiple standards for carbon reduction. “We’ll have to see how the bill is written,” Boxer said, hoping that it could be devised in such a way where California would be able to continue to pursue aggressive regulation of greenhouse gas emissions on their own schedule. Her initial bill was essentially written in that way.

Damage to Public Lands Part of Web of Negative Consequences Connected to Marijuana Prohibition

By: Jon Walker Saturday April 17, 2010 11:15 am

When talking about ending the prohibition on Marijuana, it is almost impossible to wrap your head around the totality of problems and issues it touches. The externalities, long reaching negative effects, and indirect consequences create an enormous web that touches countless aspects of our society.

CDP Convention 2010 – The Brave Face Before an Onslaught

By: David Dayen Saturday April 17, 2010 10:20 am

I’m here in the press area at the California Democratic Party convention at the LA Convention Center downtown. Speakers today include Nancy Pelosi, as well as the top of the California ticket in November: Barbara Boxer and Jerry Brown.

Tim Geithner Needs to Get Out More Often

By: Peterr Saturday April 17, 2010 9:16 am

Treasury Secretary Tim Geithner seems to have a very odd definition of “turning the page.” He’d do well to look beyond Wall Street, and maybe talk to people like Alan Conroy, the director of the Kansas Legislative Research Department.

Abu Zubaydah May Have Been Waterboarded MORE than 83 Times

By: emptywheel Saturday April 17, 2010 7:46 am

Remember the context of this. CIA’s Office of General Counsel had, in November-December 2002, reviewed the tapes, purportedly to make sure they matched the guidance the interrogators had gotten from Langley and the cables they sent reporting on the interrogation. Yet, as the IG team had discovered during their investigation, the lawyer who conducted that review (according to the WaPo, John McPherson) hadn’t actually compared the guidance to what appeared in the videos.

Come Saturday Morning: This and That

By: Phoenix Woman Saturday April 17, 2010 6:45 am

Lots of things to talk about!

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