Top Items:
Wall Street Journal:
U.S. Eyes Bank Pay Overhaul — Administration in Early Talks on Ways to Curb Compensation Across Finance — WASHINGTON — The Obama administration has begun serious talks about how it can change compensation practices across the financial-services industry, including at companies …
Discussion:
The Hill's Blog Briefing Room, Scared Monkeys, The Liberty Papers, naked capitalism and Clusterstock
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Washington Post:
Officials Knew of AIG Bonuses Months Before Firestorm — As American International Group chief executive Edward M. Liddy returns to Washington to face Congress today, new details are emerging about how long federal officials were aware of the company's recent bonus payments to its executives …
Deirdre Walsh / CNN:
Source: Aide told Pelosi about waterboarding — CNN Congressional Producer — WASHINGTON (CNN) — A source close to House Speaker Nancy Pelosi now confirms that Pelosi was told in February 2003 by her intelligence aide, Michael Sheehy, that waterboarding was actually used on CIA detainee Abu Zubaydah.
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Manu Raju / The Politico:
Democrats: CIA is out to get us — Democrats charged Tuesday that the CIA has released documents about congressional briefings on harsh interrogation techniques in order to deflect attention and blame away from itself. — “I think there is so much embarrassment in some quarters [of the CIA] …
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Jessica Brady / Roll Call:
Reid: Johnsen Doesn't Have Votes for DOJ Post — As Senate Majority Leader Harry Reid (D-Nev.) moves to ease a backlog of executive branch nominations, he suggested on Tuesday that he does not have the votes to bring up President Barack Obama's pick to run the Department of Justice's Office of Legal Counsel.
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Roger Simon / The Politico:
GOP to rebrand Dems as ‘socialists’ — A member of the Republican National Committee told me Tuesday that when the RNC meets in an extraordinary special session next week, it will approve a resolution rebranding Democrats as the “Democrat Socialist Party.” — When I asked if such a resolution …
Philly.com:
Inquirer defends the indefensible: A monthly column by torture architect John Yoo — By late last year, the world already knew a great deal about John Yoo, the Philadelphia native and conservative legal scholar whose tenure in the Bush administration as a top Justice Department lawyer lies …
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Richard Pérez-Peña / New York Times:
Ire Over a Columnist, an Author of Torture Memos — When The Philadelphia Inquirer hired as its new opinion columnist, John C. Yoo, an author of the Bush administration's widely criticized legal memos on harsh interrogation techniques, it was probably inevitable that the decision would draw complaints.
Hillel Italie / Associated Press:
Palin has book deal, memoir to come next year — NEW YORK - You knew it was coming: Sarah Palin is ready to tell her side, agreeing to publish a memoir with HarperCollins. The book comes out in Spring 2010 — the year she is up for re-election. — “There's been so much written …
Discussion:
theblogprof, Politics Daily, Jules Crittenden, Hot Air, No More Mister Nice Blog, EW.com and GOP 12
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Steven R. Hurst / Associated Press:
Analysis: Cheney attacks may not help GOP — WASHINGTON (AP) — To the chagrin, perhaps, of Republicans looking to rebuild the tattered party, Dick Cheney has grabbed the spotlight. — The recurring theme of the once-reclusive and largely unpopular former vice president …
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Todd J. Zywicki / Wall Street Journal:
Chrysler and the Rule of Law — The Founders put the contracts clause in the Constitution for a reason. — Printer — Friendly — The rule of law, not of men — an ideal tracing back to the ancient Greeks and well-known to our Founding Fathers — is the animating principle of the American experiment.
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Jeff Sessions / Washington Post:
The Right Person for the High Court — If President Obama nominates to the Supreme Court a highly qualified individual with a distinguished record that demonstrates judicial restraint, integrity and a commitment to the rule of law, his nominee will be welcomed in the Senate and by the American people.
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MSNBC
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Camille Paglia / Salon:
Radio rage — The assassination jokes and “liberal” conspiracy theories on talk radio could be an ominous sign of things to come. Plus: Madonna vs. Daniela, gay men's favorite divas, a charming TV show for kids and more. — In John Frankenheimer's taut 1964 film, “Seven Days in May,” …
Josh Gerstein / Josh Gerstein's Blog:
Court orders could shut down Gitmo task force, gov't says — The Obama Administration is making a full court press to undo court orders requiring that lawyers for Guantanamo detainees receive full access to information being used by a task force President Barack Obama set up in January …
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Jeremy W. Peters / New York Times:
N.Y. Assembly Passes Gay Marriage Bill — ALBANY — The State Assembly approved legislation on Tuesday night that would make New York the sixth state to allow same-sex marriage — a pivotal vote that shifts the debate to the State Senate, where gay rights advocates and conservative groups alike are redoubling their efforts.
New York Times:
Records Show Billions Withdrawn Before Madoff Arrest — About $12 billion was pulled out of accounts at Bernard L. Madoff's firm in 2008, according to several people briefed on an analysis of Mr. Madoff's business records. — About $6 billion, or half, was taken out in just the three months …
Discussion:
New York Magazine, Gawker, Law Blog, Wall Street Journal and The Hill's Blog Briefing Room
WCBS-TV:
FDA Blasts General Mills Over Cheerios Claim — Cereal Makers Scolded Because Claim Of Lowering Cholesterol 10 Percent In Month Makes It A “Drug” — Company Fires Back: This Is About Language, Not Science — NEW YORK (CBS) ― The Food and Drug Administration scolded the makers …
Amy Goldstein / Washington Post:
Report Warns of Insolvency for Social Security, Medicare — The financial health of the Social Security system has eroded more sharply in the past year than at any time since the mid-1990s, according to a government forecast that ratchets up pressure on the Obama administration and Congress …
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Timothy F. Geithner / ssa.gov:
A MESSAGE TO THE PUBLIC: — Each year the Trustees …
A MESSAGE TO THE PUBLIC: — Each year the Trustees …
Discussion:
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Les Christie / CNNMoney.com:
Foreclosures: ‘April was a shocker’ — A record number of foreclosure filings took place during April, but the number of repossessions fell 11%. — NEW YORK (CNNMoney.com) — Foreclosures in April exceeded even March's blistering pace with a record 342,000 homes receiving notices of default …