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.
Discussion:
Room for Debate, The Moderate Voice, justoneminute.typepad.com, At-Largely, The Reaction, Mother Jones, DealBook, Vanity Fair, msnbc.com, Clusterstock, Donklephant, Newsweek Blogs, No More Mister Nice Blog, Above the Law, Alan Colmes' Liberaland, naked capitalism, American Prospect, The Huffington Post, ProPublica, Matthew Yglesias, Firedoglake, FT Alphaville, The Lonely Conservative, AMERICAblog News, The Confluence, Mish's Global Economic …, The Mahablog, Riehl World View, NPR, Dealbreaker, TalkLeft, The Awl and Gothamist
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Lucas van Praag / Goldman Sachs:
Goldman Sachs Makes Further Comments on SEC Complaint — The Goldman Sachs Group, Inc. (NYSE: GS) said today:We are disappointed that the SEC would bring this action related to a single transaction in the face of an extensive record which establishes that the accusations are unfounded in law and fact.
Discussion:
FP Posted, MarketWatch, Bloomberg, Felix Salmon, naked capitalism and The Huffington Post
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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Clusterstock, DealBook, Swampland, Mother Jones, Wall Street Journal, Newsweek Blogs, OpenSecrets.org, PointOfLaw Forum, The Washington Independent, The Moderate Voice, Deal Journal, New York Times, The Corner on National …, The Baseline Scenario, Going Concern, NPR Blogs, Washington Wire, Credit Writedowns, Ben Smith's Blog, The Living Room Times, Politics Daily, THE CUNNING REALIST, Vanity Fair, FT Alphaville and Taylor Marsh
Alexander Bolton / The Hill:
Hedge fund manager in Goldman Sachs case is major Dem donor
Lucas van Praag / Goldman Sachs:
Goldman Sachs Responds to SEC Complaint
Goldman Sachs Responds to SEC Complaint
Discussion:
Felix Salmon, Newsweek, TIME.com, Clusterstock, Opinionator, DealBook, Paper Chase, Balloon Juice, Credit Writedowns, Wall Street Journal, The Page, TPMMuckraker and Free exchange
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Goldman Sachs Charged With Fraud
Discussion:
Felix Salmon, Deal Journal, The Atlantic Online, Vanity Fair, Washington Wire, Law Blog, New York Magazine, The Nation, Hot Air and Global Guerrillas
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, NO QUARTER, Angry Bear, Crooks and Liars and Suburban Guerrilla
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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 …
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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 …
David M. Herszenhorn / The Caucus:
Senate Republicans Band Together in Opposing Financial Bill — All 41 Senate Republicans have signed a letter urging the majority leader, Senator Harry Reid, Democrat of Nevada, to adopt a more bipartisan approach in developing legislation to tighten regulation of the nation's financial system.
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How Barack Obama invented himself — David Remnick's new biography of Barack Obama shines a light on a man who only saw his father for 10 days, and whose dazzling success may have hinged on his wife's willingness to take risks. — David Remnick, the editor of the New Yorker …
Discussion:
The Corner on National …
Jeffrey M. Jones / Gallup:
Voters Currently Divided on Second Obama Term — Just under half say he deserves re-election — PRINCETON, NJ — Registered voters are about evenly divided over whether President Barack Obama is deserving of a second term in office. Currently, 46% say he deserves re-election and 50% say he does not.
Discussion:
Hot Air
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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.
Discussion:
Mediaite, Crooks and Liars, No More Mister Nice Blog, The Bilerico Project, The Huffington Post, Advocate, Hullabaloo, Taylor Marsh, Right Now, New York Magazine, Moe Lane, Ben Smith's Blog, Riehl World View, The Moderate Voice, Romenesko, Washington Monthly, Washington Post, Towleroad News #gay and Democracy in America
Rob Moritz / Arkansas News:
Judge strikes down adoption ban — LITTLE ROCK — A circuit judge Friday struck down a state law banning unmarried couples from adopting and serving as foster parents. — Act 1 unconstitutionally burdens non-marital relationships and acts of sexual intimacy between adults by forcing …
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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.
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Alex Pappas / The Daily Caller:
Massachusetts Republican Scott Brown calls Obama's Tea Party remarks ‘sad’ — The Senate's newest Republican called it “sad” that Barack Obama told a laughing crowd of Democratic donors on Tax Day that he was amused by the antics of Tea Partiers, who the president said should be thanking …
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Gateway Pundit
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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 …
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Legal Experts Blast Judge's Decision: ‘If National Day of Prayer Is Unconstitutional, the Constitution Is Unconstitutional’ — (CNSNews.com) - Conservative legal experts say a federal district judge in Wisconsin had no legal basis for declaring the National Day of Prayer unconstitutional - and predict the decision cannot stand.
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,” …
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We Will Never Say Thank You — Fearless Reader high-tailed it out of Washington to avoid witnessing yet another Tea Party gathering within view of the White House on Tax Day. — He visited Florida for three reasons: to break the hearts of NASA employees, to raise scads of money …
Discussion:
The TrogloPundit, Left Coast Rebel, Another Black Conservative, The Lonely Conservative and Don Surber
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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.
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Israel iPad Ban Puzzles Many — Government Cites Wireless Interference, but Apple Tablet Uses Standard Chips — JERUSALEM—Israel this week has been blocking travelers from bringing Apple Inc.'s new iPad into the country saying the device's wireless technology threatens to create interference …
Discussion:
Joe. My. God.