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31 Jul 2010 11:17

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Politics: Maxine Waters in the same congressional ethics boat as Rangel

Maxine Waters, a California Democrat, reportedly had improper chats with an executive at a bank her hubby owned stock in – while it was asking for a bailout. source

30 Jul 2010 19:35

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U.S.: Will Al Gore get in trouble for any massage parlor hijinks?

  • NO Portland police say there isn’t enough evidence source

29 Jul 2010 20:01

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Politics: I won’t back down, part 1: Charlie Rangel’s ethics charges

  • 13 ethics charges against a guy who wouldn’t back down source
  • » An unexpected result: Many in Congress expected Rangel to strike a deal to avoid a politically embarrassing trial, but instead, here we are. Some close to him, however, suggest that Rangel, a co-founder of the Congressional Black Caucus, believes he did nothing wrong.

27 Jul 2010 21:24

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U.S.: Overturned: Warren Jeffs has a bunch of reasons to smile tonight

Maybe you remember this guy. Maybe you don’t. But Warren Jeffs is the known polygamist who just had his key conviction overturned by the Utah Supreme Court. source

22 Jul 2010 19:28

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U.S.: Ethics charges: So, what is Charles Rangel facing, anyway?

  • The charges are unspecified. The allegations, though … This sounds pretty bad for Charlie. According to the Sunlight Foundation, the longtime New York congressman reportedly omitted between $239,026 and $831,000 from his financial disclosures (assets either purchased, sold or held), and also reportedly had some shady dealings with AIG. He’s had a rough couple of years, and stepped down from his chairmanship of the Ways and Means Committee back in March. Poor Charlie. source

06 Jul 2010 11:25

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U.S.: Will the U.S. press charges against Wikileaks source Bradley Manning?

  • YES about time; he has been detained since May source

14 May 2010 10:55

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Biz: Credit-card makers hit hard by the Senate’s debit-card changes

  • -8.5% decline in Visa’s stock since the Senate passed the changes last night
  • -7.5% decline in MasterCard’s stock; the amendment limits card fees source
  • » Other companies: Visa and MasterCard felt it the worst, but they weren’t alone. American Express and Capital One also fell sharply in trading this morning due to the amendment’s unexpected passage, which limits the fees card companies can charge merchants. It still needs to go through the House as part of the broader financial reform bill.
 

13 May 2010 20:59

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Biz, U.S.: The Senate wants to take the bite out of debit-card “swipe fees”

  • 64 senators voted to add the amendment to the financial reform bill
  • 65% of debit transactions
    will be affected by
    the changes
  • yes the bill will allow incentives for those who pay with cash source
  • » The addition, explained: Banks and other financial institutions charge fees for consumers to use debit cards. The fees aren’t significant for big-ticket retail chains but can hurt the bottom line of small businesses or those that specialize in selling lots of inexpensive items (say, 7-Eleven or McDonald’s). These fees can get passed down to the consumer as a result. The bill limits how much those fees can be, but leaves exceptions for banks with less than $10 billion in assets. Credit unions, by the way, are complaining loudly about these changes, in particular.

29 Mar 2010 20:42

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U.S.: Here’s what bullying can lead to, guys (it’s very sad, trust us)

  • three good, solid months of bullying some girl from another country you don’t like
  • one teenager’s suicide; Phoebe Prince killed herself due to the constant bullying
  • nine Massachusetts teens charged in the wake of her death – two with statutory rape source

17 Mar 2010 09:14

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World: Five American terror suspects charged in Pakistan

The five suspects, all college-age kids from the D.C. area, could face life in prison for the terror charges on which they were nailed. Sucks to be them. source