Louise Story / New York Times:
Top Goldman Leaders Said to Have Overseen Mortgage Unit — Tensions were rising inside Goldman Sachs. — It was late 2006, and an argument had broken out inside the Wall Street bank's prized mortgage unit — a dispute that would reach all the way up to the executive suite.
Discussion: Balloon Juice, naked capitalism, New York Magazine and The Page
John Cole / Balloon Juice: Wall Street Cosplay
George Washington / naked capitalism: Guest Post: Goldman Cracks
Josh Duboff / New York Magazine: Times: Top Goldman Executives Were Actively Involved in Mortgage Unit
Paul Krugman / New York Times:
Looters in Loafers — Last October, I saw a cartoon by Mike Peters in which a teacher asks a student to create a sentence that uses the verb “sacks,” as in looting and pillaging. The student replies, “Goldman Sachs.” — Sure enough, last week the Securities and Exchange Commission accused …
Discussion: Guardian, The Glittering Eye, Prairie Weather and Clusterstock
Vicky Ward / The Huffington Post:
Senior Goldman Exec Is Married to Former Head of ACA — Friday, as news of the allegations of fraud at Goldman Sachs spread, I got a call from someone who works in the insurance business. — “Check out the former head of ACA” he said referring to the now-defunct and formerly …
Henry Blodget / Clusterstock: BUT WAIT, THERE'S MORE …
Wall Street Journal:
SEC Probing Other Soured Deals — The Securities and Exchange Commission, after having hit Goldman Sachs Group Inc. with a civil fraud charge, is investigating whether other mortgage deals arranged by some of Wall Street's biggest firms may have crossed the line into misleading investors.
Discussion: The Huffington Post, Washington Post, New York Times, naked capitalism and DealBook
Mike Shepard / Washington Post: Economic Agenda: April 19, 2010
Edward Wyatt / New York Times: With Goldman Case, S.E.C. Signals Renewed Toughness
New York Times:
Glare on Goldman From U.S. and Beyond — Calls for increased scrutiny of Goldman Sachs emerged on Sunday as two congressmen pressed for investigations into possible taxpayer losses generated in securities sold by the firm, and the British prime minister also asked his nation's securities regulator …
Discussion: The Huffington Post, Clusterstock, Conglomerate, Economist's View and Calculated Risk
Simon Johnson / The Huffington Post: Goldman Sachs: Too Big To Obey The Law
Joe Weisenthal / Clusterstock: Congressmen Urge Dramatic Expansion Of Goldman Investigation …
Erick Erickson / RedState:
Is the Obama Administration Behind An Astroturf Anti-Tea Party Website? — “Cass Sunstein has favored the government using outside parties as government propaganda agents to paint their opposition as fringe and undermine their credibility.” — Astroturf is the act of professional interest …
Discussion: The Jawa Report, Doug Ross, Left Coast Rebel, Gateway Pundit, Scared Monkeys, Moe Lane and USS Neverdock
Howie / The Jawa Report: Obama's Ministry of Truth
Directorblue / Doug Ross: Straight out of Caracas: White House tied to anti-Tea Party astroturf group?
Ed Kilgore / Salon:
The Republicans' 2012 problem — November 2010 is looking awfully good for the GOP. But November 2012? Not so much — Talk to most Democratic activists, and they'll concede that a Republican takeover of the House this fall is entirely possible. Some will even contemplate …
Discussion: The Other McCain and The Political Carnival
Kenneth P. Vogel / The Politico:
Gingrich raises $2.7 million
Gingrich raises $2.7 million
Discussion: GOP 12
Pew Research Center:
Distrust, Discontent, Anger and Partisan Rancor — The People and Their Government — By almost every conceivable measure Americans are less positive and more critical of government these days. A new Pew Research Center survey finds a perfect storm of conditions associated with distrust of government …
Discussion: YID With LID, MyDD, American Power and Taegan Goddard's …
Jonathan Singer / MyDD: Schumer Gets Airlines to Promise No Carry-On Fees
Jeff Poor / NewsBusters.org:
Time's Klein: Beck, Palin Potentially Committing Sedition against U.S. Government; Heilemann Adds Limbaugh — Liberals are all too often eager to charge conservative personalities of using hyperbole to gain a political advantage, especially when it contradicts their world view …
Discussion: Don Surber, RedState, The Corner on National …, Gateway Pundit, Moonbattery and The Lonely Conservative
Daniel Foster / The Corner on National Review Online: Klein Accuses Palin, Beck of ‘Seditious’ Comments — By: Daniel Foster
Gregory of Yardale / Moonbattery: Joe Klein: Criticism of Obama is Sedition
David Gregory: “No, I won't fact check my guests and you guys can't make me...” A time line. — David Gregory, the host of NBC's Meet the Press, has painted himself into a strange corner with his assertion that there's no need to fact check what his guests say on the air because viewers can do that “on their own terms.”
Discussion: The Moderate Voice, The Agonist and Balloon Juice
Sean Paul Kelley / The Agonist: Fact Check? Interesting, But No Thanks
Andrea Elliott / New York Times:
Reaching Out Quietly to Muslims in America — When President Obama took the stage in Cairo last June, promising a new relationship with the Islamic world, Muslims in America wondered only half-jokingly whether the overture included them. After all, Mr. Obama had kept his distance during the campaign …
Discussion: Power Line, Wall Street Journal, Pat Dollard and THE ASTUTE BLOGGERS
World warming to US under Obama, BBC poll suggests — Views of the US around the world have improved sharply over the past year, a BBC World Service poll suggests. — For the first time since the annual poll began in 2005, America's influence in the world is now seen as more positive than negative.
Discussion: The Jawa Report, HazZzMat, The Political Carnival, Biased BBC and The Page
Glentime / The Page: World Warming to U.S.
Joseph Curl / Washington Times:
Obama skips Polish funeral, heads to golf course — A massive volcanic plume covering most of Europe forced President Obama to cancel a Sunday trip to Poland to attend the funeral of the nation's president. But the last-minute change left an opening in his schedule, so the president headed to the links for a round of golf instead.
Discussion: Outside The Beltway, Top of the Ticket, Power Line, Pat Dollard and The Lonely Conservative
James Joyner / Outside The Beltway: Obama Golfs: How Dare He?
Andrew Malcolm / Top of the Ticket: Obama visits California, but only for money — again
Tom Maguire / JustOneMinute:
No Minstrel Show Here! — Charles Blow recently deplored the lack of authentic diversity at a Dallas Tea Party, describing it as a “minstrel show”. Conor Friedersdorf notes the heads they lose problem being faced by the Tea Party: … Jut so. Meanwhile, I am eagerly awaiting a correction on this from Mr. Blow:
Discussion: New York Times, Michelle Malkin, TigerHawk and Another Black Conservative
Geoff Earle / New York Post:
Hill's aides in ‘bully’ crystal — WASHINGTON — Politically connected staffers in Hillary Rodham Clinton's State Department twisted arms to steer a $5.4 million contract for crystal stemware to a tiny interior-design firm without putting it out for bid — a move that shut out a well-known …
First, define the problem — I HAVE been meaning to summarise my thoughts on financial regulatory reform in the wake of the Hyman Minsky conference on same. I have to say, it has left me with a sense of resigned cycnicism. I'll get to details in a moment, but I think that the most important thing …
Discussion: Mother Jones, New York Times, Prairie Weather and naked capitalism
Kevin Drum / Mother Jones: Financial Reform and American Politics
Thomas Hoenig / New York Times: Keep the Fed on Main Street
Ann Gerhart / Washington Post:
Militia movement will be packing heat at rally on the Potomac — Daniel Almond, a three-tour veteran of Iraq, is ready to “muster outside D.C.” on Monday with several dozen other self-proclaimed patriots, all of them armed. They intend to make history as the first people to take their guns …
Discussion: NewsBusters.org, Pat Dollard and Philly.com
Robert Moffit / Washington Post:
Obama's health reform isn't modeled after Heritage Foundation ideas — Think tank analysts usually brim with pride when the president of the United States goes around claiming that his policies are based on their work. But when President Obama tries to sell his health-care law …
Discussion: Grasping Reality …
Brad DeLong / Grasping Reality with C-Beams Near …: Department of “Huh?!” …
Kyung M. Song / Seattle Times:
Will Rossi run against Murray? Other Senate hopefuls want to know — WASHINGTON — Among the people Republican Don Benton consulted before announcing his candidacy for the U.S. Senate in early February was Dino Rossi. — Rossi, a friend of Benton's and arguably Washington's most prominent Republican …
Discussion: Real Clear Politics
Kyle Trygstad / Real Clear Politics: WA Sen: Will Rossi Run?
New York Times:
The F.C.C. and the Internet — With the Internet fast becoming the most important communications channel, it is untenable for the United States not to have a regulator to ensure nondiscriminatory access, guarantee interconnectivity among rival networks and protect consumers from potential abuse.
Discussion: Post Tech and LewRockwell.com Blog
Cecilia Kang / Post Tech: Opinions on what the FCC should do next
Bill Anderson / LewRockwell.com Blog: The New York Times: Regulate the Internet!
Adam Savit / Big Government:
The Pastor, the Pedophile and CAIR — On April 5 the Council on American-Islamic Relations (CAIR) issued a press release urging GOP leaders to “insist” that Congresswoman Sue Myrick (R-NC) withdraw support from the non-profit grassroots advocacy organization ACT! for America.
Discussion: THE ASTUTE BLOGGERS, Gates of Vienna and The Jawa Report
Baron Bodissey / Gates of Vienna: CAIR: Fighting Islamophobia and Cosseting Pedophiles
Ellen Nakashima / Washington Post:
NSA stops collecting some data to resolve issue with court — A special federal court that oversees domestic surveillance has raised concerns about the National Security Agency's collection of certain types of electronic data, prompting the agency to suspend collecting it, U.S. officials said.
Discussion: The Strata-Sphere and THE ASTUTE BLOGGERS
Liz Sidoti / Associated Press:
Poll: 4 out of 5 Americans don't trust Washington — WASHINGTON - America's “Great Compromiser” Henry Clay called government “the great trust,” but most Americans today have little faith in Washington's ability to deal with the nation's problems. — Public confidence in government …
Robert McCartney / Washington Post:
‘Tea partiers’ more wacky mavericks than extremist threat — I went to the “tea party” rally at the Washington Monument on Thursday to check out just how reactionary and potentially violent the movement truly was. — Answer: Not very. — Based on what I saw and heard …
Discussion: Townhall.com, Cato @ Liberty, NewsBusters.org and Pajamas Media
Kevin Glass / Townhall.com: MSM Discovering That Tea Partiers Aren't Crazy
David Boaz / Cato @ Liberty: Robert McCartney's Love Affair with Government
P.J. Gladnick / NewsBusters.org: Liberal WaPo Columnist Attends Tea Party Rally; Discovers Refreshing Rationality
Richard Fernandez / Pajamas Media: The Washington Monument — Jake Tapper's account of the …