More Follow the Money Articles

  • Chief in $800M fraud gets 20 years prison

    MIAMI (AP) — The man who masterminded an $800 million insurance scam that fleeced tens of thousands of investors in one of Florida's all-time largest fraud schemes was sentenced Friday to 20 years in prison. U.S. District Judge Robert Scola gave Joel Steinger, 64, credit for pleading guilty to...

  • USPS leases 10k trailers but can't track them or confirm their receipt

    U.S. Postal Service officials spent more than $39 million leasing trailers last year, but they have no way of tracking their locations or even confirming that they exist, according to a government watchdog.

  • Frequent frankers in Congress face tough re-election fights

    A Washington Examiner analysis of congressional spending accounts found millions of tax dollars being spent on what amounts to free advertising for House members.

  • SEC adopts rules on loan-backed securities

    WASHINGTON (AP) — Federal regulators on Wednesday voted to require financial firms that sell securities backed by loans, like the kind that fueled the 2008 financial crisis, to give investors details on borrowers' credit records and income. The Securities and Exchange Commission adopted the...

  • Online food stamp fraud growing, GAO reports

    One online posting in Raleigh, N.C., offered 10 days of cooking and cleaning services in exchange for food stamps. Someone in Charlotte offered to exchange beer for food stamps, according to GAO.

  • DEA payments to Amtrak employee being investigated

    WASHINGTON (AP) — Hundreds of thousands of dollars in alleged payments by Drug Enforcement Administration personnel to an Amtrak employee are being investigated by the Justice Department inspector general's office. The announcement by Jay Lerner, a spokesman for the IG's office, follows the...

  • NY state overtime costs on pace for record high

    ALBANY, N.Y. (AP) — New York state agencies racked up more than $316 million in overtime in the first six months of 2014, according to the state comptroller's office, continuing a recent trend of sharply higher overtime costs for taxpayers. If the pace continues, New York will spend nearly...

  • Labor Department spends $100K on a book club

    They say "knowledge is power," but does it have to be so expensive?

  • New York man charged with stealing $25K from union

    PLEASANT VALLEY, N.Y. (AP) — State police have charged a 41-year-old man with stealing more than $25,000 from a firefighters' union in the Hudson Valley. Troopers say they arrested former Arlington firefighter Keith Rutbell of the town of Pleasant Valley on Monday and charged him with grand...

  • Kansas City at center of Operation Homeless

    Officials say Kansas City plays a central role in a gang scheme that hires homeless people to cash counterfeit checks.

  • Federal subpoena sought email of ex-Pat Quinn advisers

    CHICAGO (AP) — A federal grand jury has subpoenaed the emails of three former top advisers to Gov. Pat Quinn, including a onetime chief of staff, as part of a criminal investigation into the governor's $54.5 million Chicago anti-violence program. The Neighborhood Recovery Initiative, which...

  • 3 Panhandle bankers get prison for fraud scheme

    PANAMA CITY, Fla. (AP) — Three leaders of a failed Panama City Beach-based bank are heading to prison and have been ordered to pay back about $4.54 million to the Federal Deposit Insurance Corporation. Donald Terry Dubose, Frank Baker and Elwood "Woody" West were convicted on fraud charges....

  • Bank of America agrees to nearly $17B settlement

    WASHINGTON (AP) — The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday. The deal calls for the bank, the second-largest in the U.S., to...

  • EXography: Senator lives like a Rockefeller but bills the cost to taxpayers

    West Virginia's Jay Rockefeller comes from one of America's wealthiest families and represents one of its poorest states, yet he travels home almost exclusively via private charter plane at $4,400 per trip and sends the bill to taxpayers.

  • B ofA reaches $17B settlement with US

    WASHINGTON (AP) — Bank of America has reached a record settlement of nearly $17 billion to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday. One of the officials, who...



From the Weekly Standard

  • ‘We Don’t Have a Strategy Yet’

    "Rooting out a cancer like ISIL won’t be easy and it won’t be quick,” President Obama told the American Legion’s annual convention in Charlotte on Tuesday, August 26. He repeated the thought in...

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  • Small Ball in Wisconsin

    West Allis, Wis. --  Scott Walker looked relaxed. Dressed in light blue Levi’s jeans, a navy polo shirt, and white and gray Nike sneakers, the Wisconsin governor had just finished speaking at a...

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  • Democrats Take the Low Road

    Conway, Ark. "Tom Cotton voted against preparing America for pandemics like Ebola,” a TV ad in Arkansas declared last week. The ad came from Democrat Mark Pryor, who is running for reelection to...

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