Top Items:
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, Felix Salmon, Hot Air, Democracy in America, Deal Journal, neo-neocon, Washington Wire, The Nation 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.
Discussion:
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Alexander Bolton / The Hill:
Hedge fund manager in Goldman Sachs case is major Dem donor
Ben Smith / Ben Smith's Blog:
Goldman suit figure touted, fundraised for ally Schumer
Goldman suit figure touted, fundraised for ally Schumer
Discussion:
The Corner on National …
Zachary A. Goldfarb / Washington Post:
SEC accuses Goldman Sachs of civil fraud
SEC accuses Goldman Sachs of civil fraud
Discussion:
McClatchy Washington Bureau, Ezra Klein, Corrente, Crooks and Liars, NO QUARTER and Suburban Guerrilla
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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Myglesias / Matthew Yglesias:
The Battle Lines — Back in January, Frank Luntz wrote a memo saying that the best way to defend Wall Street from any new regulation was to spuriously characterize efforts at regulatory reform as leading to “endless bailouts.” Then earlier this week, GOP Senate leaders Mitch McConnell …
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 …
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.
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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.
Discussion:
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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.
Charlie Cook / National Journal Online:
If Dems Lose, Will Obama Win? — THE PRESIDENT'S CHANCES OF GETTING RE-ELECTED MIGHT WELL RISE IF THE HOUSE FLIPS. — Taking the classic Tip O'Neill “all politics is local” approach, The Cook Political Report examines the 435 House races individually. That step-by-step process indicates …
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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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msnbc.com, CNN, The Atlantic Online, American Spectator, Hotline On Call, Hot Air and Hugh Hewitt's TownHall Blog
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Beth Reinhard / Naked Politics:
Crist will look at indie bid ‘later on’
Crist will look at indie bid ‘later on’
Discussion:
New York Times, A plain blog about politics, Hot Air, Swing State Project, Politics Daily, TPMDC, Ben Smith's Blog and The Buzz
Susie Madrak / Crooks and Liars:
Conservatives Are Just Beside Themselves Over ‘Glee’ Making Fun of The Half Governor. Oh, Boo Hoo. — Seriously, the right-wing hysteria about - well, just about everything is wearing thin. There's something so over the top, something so, well, histrionic about John Nolte's take on “Glee …
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, Hotline On Call, Real Clear Politics, TPMDC, Swing State Project, The Eye and Pollster.com All Content
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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theblogprof, NewsReal Blog, Hot Air, Another Black Conservative and The Lonely Conservative
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
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.
CNN:
Obama adviser gets sick at White House — Richard Trumka became ill Friday while at the White House. — (CNN) - As President Obama was trying to tout a healthy economy on Friday, one of his top economic advisers was literally getting sick all over the White House.
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.
Carol D. Leonnig / Washington Post:
Massa wrote chief of staff $40,000 check after announcing he would quit Congress — The day after Rep. Eric Massa announced he was resigning his office amid a sexual harassment scandal, the congressman wrote a $40,000 check to his chief of staff, federal campaign records reveal.
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 …
Discussion:
Hot Air, TPMDC, Pollster.com All Content, The Eye, JammieWearingFool, Sue Lowden for U.S. Senate …, GayPatriot and HotAirPundit