As financial markets tumbled and the government worked to stave off panic by pumping billions of dollars into banks last fall, several members of Congress who oversee the banking industry were grabbing up or dumping bank stocks.
Financial disclosure records show that some of these Financial Services Committee members, including Ohio Rep. Charlie Wilson, made bank stock trades on the same day the banks were getting a government bailout from a program Congress approved. The transactions may not have been illegal or against congressional rules, but securities attorneys and congressional watchdog groups say they raise flags about the appearance of conflicts of interest.
The United States may have been behind the killing of Neda Agha-Soltan, the 26-year-old Iranian woman whose fatal videotaped shooting Saturday made her a symbol of opposition to the June 12 presidential election results, the country's ambassador to Mexico said Thursday.
On CNN, Savage makes a labored attempt to come across as a perfectly normal guy whose church teachings forbid homosexuality and whose opinions on illegal immigration are in sync with mainstream America. But then, the next minute, on his own show, he's freaking out about "puffy-faced" men kissing. Oh, and he seems awfully threatened about multiculturalism, for some reason, shrieking about burning the Mexican flag.
In an about face, the United Nations on Wednesday lavishly praised drug decriminalization in its annual report on the state of global drug policy. In previous years, the UN drug czar had expressed skepticism about Portugal's decriminalization, which removed criminal penalties in 2001 for personal drug possession and emphasized treatment over incarceration. The UN had suggested the policy was in violation of international drug treaties and would encourage "drug tourism."
"They confuse their customers and dump the sick, all so they can satisfy their Wall Street investors," former Cigna senior executive Wendell Potter said during a hearing on health insurance today before the Senate Committee on Commerce, Science, and Transportation.
Iran's leading opposition figurehead, Mir-Hossein Mousavi, launched a lengthy broadside against the Iranian leadership and state-owned media in comments published today on his website as authorities arrested 70 university professors who had met with him.
Many species of open ocean shark are under serious threat, according to an assessment by the International Union for Conservation of Nature (IUCN).
