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Stories tagged with Henry Waxman

Waxman’s coup likely to boost Obama energy agenda

By Carol Eisenberg   |   November 21, 2008 at 12:38pm   |   0 Comments

He has been called the “scariest guy in town” and “the Democrats’ Eliot Ness.”

Conflicts of interest led Moody’s, S&P and Fitch to make bad calls on ratings

By Carol Eisenberg   |   October 23, 2008 at 10:27am   |   0 Comments

Analysts at Moody’s Investors Service, Standard & Poor’s and Fitch Ratings had doubts about many of the mortgage-backed securities they rated, but gave them a thumbs-up because it was so lucrative to do so, according to documents released by a U.S. House panel.

McCain fundraiser Harry Sargeant III accused of war profiteering

By Carol Eisenberg   |   October 17, 2008 at 11:15am   |   0 Comments

A Florida billionaire and top fund-raiser for John McCain has been accused of “a reprehensible form of war profiteering” by the chairman of a Congressional investigative committee.

Richard Fuld says Lehman collapse brought on by ‘lack of confidence’

By Laurie Bennett   |   October 6, 2008 at 1:25pm   |   1 Comments

Lehman Brothers CEO Richard Fuld makes his first appearance on the public stage today since his company declared bankruptcy on Sept. 10.

O’Neal, Prince and Mozilo questioned about pay

By Carol Eisenberg   |   March 7, 2008 at 4:14pm   |   0 Comments

Three Wall Street executives were held up by a Congressional Democrats today as poster boys for executive compensation run amok.

Two of the three - E. Stanley O’Neal, chairman and chief executive of Merrill Lynch, and Charles O. Prince III, head of Citigroup - lost their jobs last fall after the collapse of the subprime mortgage market which they had once ridden to huge profits.

Monitoring the “peace and stability industry”

By Laurie Bennett   |   September 25, 2007 at 6:31am   |   0 Comments

Members of the International Peace Operations Association will have plenty to talk about at their October summit in Washington.

The trade group with the Orwellian name is an association of private military contractors, including besieged Blackwater USA, which faces investigations abroad and at home.

The association was formed in 2001, and has grown rapidly with the increased use of private contractors in Iraq and Afghanistan. Its mission is to “promote high operational and ethical standards of firms active in the peace and stability industry.” One of its stated aims is to combat the perception that its members are war profiteers.


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