More Follow the Money Articles

  • Bribery case kicks off vs. Utah attorneys general

    SALT LAKE CITY (AP) — Two former Utah attorneys general made their first appearance as criminal defendants Wednesday, vowing to beat a slew of bribery charges and other counts. Between the two, Mark Shurtleff and John Swallow spent nearly 13 years running Utah's top law enforcement office....

  • 40 NY tax preparers never filed personal returns

    ALBANY, N.Y. (AP) — New York state has suspended the licenses of 40 tax preparers who state authorities say never filed their own returns in 2011 and 2012. Gov. Andrew Cuomo says Wednesday that the disciplinary actions are part of the state's effort to regulate the tax preparation industry....

  • State Department approved 215 Bill Clinton speeches, controversial consulting deal, worth $48m; Hillary Clinton's COS copied on all decisions

    The former president's speaking fees raise questions about whether the Clintons fulfilled ethics agreements related to the Clinton Foundation during Hillary Clinton's tenure as secretary of state.

  • Former Virginia Gov. Bob McDonnell's marriage had 'broken down,' lawyer says

    Former Virginia Gov. Bob McDonnell's marriage was broken and his wife developed a crush on a businessman who lavished her with expensive gifts and attention, an attorney for the first lady said Tuesday during the couple's corruption trial.

  • UBS sees profits rise, probed over trading system

    GENEVA (AP) — Switzerland's biggest bank, UBS, reported Tuesday a 15 percent rise in second-quarter profit, driven by its core wealth management business, and disclosed it was part of a group of financial companies being investigated over alternative trading systems called "dark pools." UBS...

  • City: Emails show 'cozy' ties of PG&E, regulator

    SAN FRANCISCO (AP) — Top California regulators communicated often and enthusiastically with executives at Pacific Gas & Electric Co., even offering unsolicited advice on handling the media while they presided over a case to decide how much the utility should pay for a deadly explosion in a San...

  • Former FBI employee, wife admit to bank fraud

    SAN FRANCISCO (AP) — A former FBI employee and his wife have pleaded guilty to bank fraud, admitting that they scammed two financial institutions out of more than $80,000. The U.S attorney's office says 61-year-old Charles Espinel and his wife, 58-year-old Jeannette Espinel, entered their...

  • The U.S. spent $35 million trying to grow this crop in Afghanistan

    American Soybean Association was given $34.4 million in federal funds in 2009 to try to jumpstart soybean farming in Afghanistan, according to the government watchdog over American work there.

  • Morgan Stanley paying $275M to settle SEC charges

    WASHINGTON (AP) — Morgan Stanley has agreed to pay $275 million to settle U.S. civil charges that it misled investors about risky mortgage bonds it sold ahead of the 2008 financial crisis. The Securities and Exchange Commission announced the settlement Thursday with the Wall Street bank. The...

  • Social Security's $300M IT project doesn't work

    WASHINGTON (AP) — After spending nearly $300 million on a new computer system to handle disability claims, the Social Security Administration still can't get it to work. And officials can't say when it will. Six years ago, Social Security embarked on an aggressive plan to replace outdated...

  • Social Security spent $300M on 'IT boondoggle'

    WASHINGTON (AP) — Six years ago the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims. Nearly $300 million later, the new system is nowhere near ready and agency officials are struggling to...

  • SEC considering action against S&P over ratings

    WASHINGTON (AP) — Standard & Poor's said Wednesday that regulators have told the rating agency they are considering taking civil enforcement action against it over ratings it gave to six deals in 2011 involving securities tied to commercial mortgages. S&P's parent McGraw Hill Financial Inc....

  • SEC votes to end $1 a share for some money funds

    WASHINGTON (AP) — Regulators have voted by a narrow margin to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors. The idea is to minimize the risk of a mass withdrawal from the...

  • Ex-CEO gets prison for stealing from NYC charity

    NEW YORK (AP) — The politically connected former CEO of a prominent New York City charity was sentenced to prison Wednesday for helping to steal more than $9 million from the anti-poverty organization. William Rapfogel, who once headed the Metropolitan Council on Jewish Poverty, will serve a...

  • EXography: Some senators, including Harry Reid, rarely go home; other senators do it constantly

    Senate Majority Leader Harry Reid rarely makes time to travel back to Nevada and listen to the voters who sent him to Washington, according to a Washington Examiner review of Senate disbursement records.



From the Weekly Standard