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New York Times:
U.S. Accuses Goldman Sachs of Fraud — Goldman Sachs, which emerged relatively unscathed from the financial crisis, was accused of securities fraud in a civil suit filed Friday by the Securities and Exchange Commission, which claims the bank created and sold a mortgage investment that was secretly devised to fail.
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U.S. Securities and Exchange Commission:
SEC Charges Goldman Sachs With Fraud in Structuring and Marketing of CDO Tied to Subprime Mortgages — FOR IMMEDIATE RELEASE — 2010-59 — Washington, D.C., April 16, 2010 — The Securities and Exchange Commission today charged Goldman, Sachs & Co. and one of its vice presidents …
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Fawn Johnson / Wall Street Journal:
Goldman Is Charged With Subprime Fraud — WASHINGTON—The Securities & Exchange Commission on Friday charged Goldman Sachs Group Inc. with defrauding investors by allegedly marketing a financial product tied to subprime mortgages without telling them a big hedge fund was on the other side of the trade.
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The Atlantic Online, Washington Wire, Felix Salmon, Deal Journal, Hot Air, The Nation, neo-neocon and Global Guerrillas
Lucas van Praag / Goldman Sachs:
Goldman Sachs Responds to SEC Complaint — New York, NY, April 16, 2010 — The Goldman Sachs Group, Inc. (NYSE: GS) responds to a complaint filed by the SEC today. — The SEC's charges are completely unfounded in law and fact and we will vigorously contest them and defend the firm and its reputation.
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TPMMuckraker, Felix Salmon, Paper Chase, TIME.com, DealBook, Credit Writedowns and Free exchange
Reuters:
Obama to insist on derivatives curbs in reform bill
Discussion:
Democracy in America, Wall Street Journal, TPM LiveWire, TPMDC, The Caucus and Daily Kos
Howard Kurtz / Washington Post:
White House complains about CBS News blog post saying that possible Supreme Court nominee is gay — The White House ripped CBS News on Thursday for publishing an online column by a blogger who made assertions about the sexual orientation of Solicitor General Elena Kagan, widely viewed as a leading candidate for the Supreme Court.
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Ben Domenech / The Huffington Post:
The White House, Elena Kagan, and Me — It's an odd thing to get attacked by the White House for a blog post, and odder still when the attack is for something mentioned in passing, and intended to highlight a political positive about a potential Supreme Court nominee.
Kasie Hunt / The Politico:
Kyl: Liu's writings ‘vicious’ — A top Senate Republican hammered liberal law professor Goodwin Liu's writings as “vicious, emotionally and racially charged” at his confirmation hearing Friday - igniting the first real test of whether Republicans will be able to block the most controversial …
Discussion:
ABCNEWS
Paul Krugman / New York Times:
The Fire Next Time — On Tuesday, Mitch McConnell, the Senate minority leader, called for the abolition of municipal fire departments. — Firefighters, he declared, “won't solve the problems that led to recent fires. They will make them worse.” The existence of fire departments …
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Brian Beutler / TPMDC:
All 41 Senate Republicans Oppose Financial Reform Bill, Say Will Lead To ‘Endless Taxpayer Bailouts’ — Every member of the Senate Republican Caucus has signed a letter, delivered to Senate Majority Leader Harry Reid, expressing opposition to the Democrats' financial regulatory reform bill …
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Matthew Yglesias, Washington Monthly, Wonkette, The Washington Independent and TPM LiveWire
Orlando and Central Florida News, Weather, Traffic:
Source: Shakeup to come in Senate race — LAKE MARY, Fla. (WOFL FOX 35 News) - On Thursday, Governor Charlie Crist vetoed the controversial teacher merit pay bill, breaking with conservative ranks. Then the head of the Republican U.S. Senate Re-election Committee issued a warning …
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Beth Reinhard / Naked Politics:
Crist will look at indie bid ‘later on’ — A day after vetoing a contentious teacher tenure bill in Tallahassee, Gov. Charlie Crist basked in the warm embrace of Miami-Dade educators and deflected questions about leaving the Republican party. — “I'm not thinking about that today,” …
Discussion:
Ben Smith's Blog, Hot Air, Swing State Project, TPMDC, Politics Daily, Taegan Goddard's … and The Buzz
Yahoo! News:
Brutal attack on Republican fundraiser and her boyfriend appears politically motivated — Last Friday night, Allee Bautsch, the chief fundraiser for Louisiana's Republican Gov. Bobby Jindal, was violently assaulted, along with her boyfriend, outside of a famed New Orleans restaurant.
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Michelle Malkin:
New Orleans beating follow-up: Attackers yelled “Little blonde b*tch,” “f**king faggot,” nothing political — The other day I noted the frenzy of commentary over the assault in New Orleans involving a campaign fund-raising staffer for Louisiana GOP Gov. Bobby Jindal and her boyfriend.
Michelle Malkin:
The Crashers: They came, they saw, they failed — You were ready for the Tea Party saboteurs. And boy, did they fail epically. Saul Alinsky would be ashamed. — Grass-roots activists smoked out the infiltrators — and tagged them immediately. — Reader Celeste in Columbus, Ohio, sends photos of a great comeuppance.
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Ben Armbruster / Think Progress:
Obama on Tea Partiers: “You would think they would be saying …
Discussion:
Washington Post, Hullabaloo, The Impolitic, Below The Beltway and Alan Colmes' Liberaland
Brent Baker / NewsBusters.org:
White NBC Reporter Confronts Black Man at Tea Party Rally: ‘Have You Ever Felt Uncomfortable?’ — “There aren't a lot of African-American men at these events,” NBC News reporter Kelly O'Donnell, a white woman, told Darryl Postell, a black man at a Tea Party rally held Thursday in Washington …
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Laura Myers / Las Vegas Review-Journal:
U.S. SENATE RACE: Poll: Reid loses full ballot test — Third-party, nonpartisan candidates have little impact — U.S. Sen. Harry Reid must pick up far more support from crossover Republicans and independents to win re-election, according to a new poll that shows him losing to the GOP front-runner …
Kos / Daily Kos:
HI-01: Three-way tie headed into special election — Research 2000 for Daily Kos. 4/11-14. Likely voters. MoE 5% (No trend lines) — Ed Case (D) 29 — Colleen Hanabusa (D) 28 — Charles Djou (R) 32 — Other 4 — Undecided 7 — The May 22 special election is a “jungle primary” …
Discussion:
Firedoglake, Real Clear Politics, Hotline On Call, TPMDC, Swing State Project and The Eye
Jonathan Martin / The Politico:
Barbour, advisers privately mull 2012 — When asked about his presidential ambitions, Mississippi Governor Haley Barbour told reporters earlier this year that “If you see me losing 40 pounds that means I'm either running or have cancer.” — It might be time to start watching Barbour's waistline.
Mike Baker / ABCNEWS:
APNewsBreak: Feds Indict Ex-Blackwater President — APNewsBreak: Feds indict ex-Blackwater president, 4 others on weapons charges — The former president of Blackwater Worldwide and four other former officials at the embattled security firm were indicted Friday on federal weapons charges …
Discussion:
Laura Rozen's Blog
Charles Krauthammer / Washington Post:
Obama's nuclear strutting and fretting — There was something oddly disproportionate about the just-concluded nuclear summit to which President Obama summoned 46 world leaders, the largest such gathering on American soil since 1945. That meeting was about the founding of the United Nations …
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