More Watchdog Articles

  • 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 Six years ago, Social Security embarked on an aggressive plan to replace outdated...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    WASHINGTON (AP) — Six years ago the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims.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....

  • GM issues 6 more safety recalls

    DETROIT (AP) — General Motors issued six more recalls on Wednesday, bringing its annual total to 60 recalls covering almost 30 million vehicles. The latest recalls cover nearly 823,000 cars, trucks and SUVs mostly in North America but including a small number of exports. The largest is for...

  • 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 funds...

  • 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...

  • China detains employees of suspect meat seller

    BEIJING (AP) — Five employees of a company accused of selling expired beef and chicken to McDonald's, KFC and other restaurants in China were detained by police Wednesday after an official said illegal activity was an organized effort by the supplier. China's food safety agency said on its...

  • Agents get subsidized 'Obamacare' using fake IDs

    WASHINGTON (AP) — Undercover investigators using fake identities were able to secure taxpayer-subsidized health insurance under President Barack Obama's health care law, congressional investigators said Wednesday. The weak link seemed to be call centers that handled applications for frazzled...

  • CFPB's cloud computing security system 'needs strengthening,' warns IG

    Stronger cybersecurity measures are needed to protect a federal data-mining system containing the most private financial information on hundreds of millions of Americans, an inspector general warns.

  • Three people died in illegal human experiments carried out by John Podesta backer's firm

    One of President Obama's closest White House advisers counts among his key financial supporters a reclusive Swiss billionaire whose company conducted illegal human experiments that resulted in the deaths of three elderly patients.

  • 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.

  • Restoring integrity at Veterans Affairs is top priority for Robert McDonald

    Both Republicans and Democrats endorsed the nomination and said they are certain McDonald will be confirmed by the full Senate as the next head of the VA.

  • U.S. spent another $3m on an unused building in this country

    A storage facility in Afghanistan's Helmand province with a price tag of $2.89 million "has never been used," according to an internal government watchdog.

  • Jeb Hensarling panel demands 'full, unredacted' records on CFPB's rising renovation costs

    House Financial Services Committee Chairman Jeb Hensarling is demanding "full, unredacted" emails and financial records from the Consumer Financial Protection Bureau about the exploding costs for its headquarters building renovation.



From the Weekly Standard

  • Appalling

    The president is appalled. Indeed he said this afternoon that "the entire world is appalled by the brutal murder of Jim Foley by the terrorist group, ISIL." The act of violence that killed Jim...

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  • Annihilate ISIS

    Here are the two best responses I've seen so far to the latest barbarism from ISIS. My friend Seth Leibsohn, now a talk radio host in Phoenix, emails with a short-term suggestion:

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  • Poll: Voters Overwhelmingly Oppose Executive Action On Immigration

    American voters says they would prefer President Barack Obama work with Congress rather than use executive action to address the illegal immigration crisis at the border, according to a detailed...

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