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Charles Schumer

Greenspan denies blame for crisis, admits 'flaw'

AP | MARTIN CRUTSINGER and MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — Badgered by lawmakers, former Federal Reserve Chairman Alan Greenspan denied the nation's economic crisis was his fault on Thursday...

McCain: They Don't Like Him, They Really Don't Like Him

Paul Jenkins | Posted 05.25.2011 | Politics
Paul Jenkins

The expectations McCain brought to the race were impossibly high to fulfill, thanks to decades of media cheerleading and his ability to believe in his own hype.

Agreement Reached On Bailout Ahead Of High-Level Meeting

Wall Street Journal | Damian Paletta | Posted 05.25.2011 | Business

WASHINGTON -- Top House and Senate Democratic and Republican lawmakers have reached a tentative agreement on a $700 billion plan to bail out U.S. fina...

Financial Bailout = Patriot Act Redux: Under Cover of Crisis, the Republic is Lost

Pete Cenedella | Posted 05.25.2011 | Business
Pete Cenedella

Forgive me if I smell a similar attempt by the Republicans to ram a lopsided, ready-made and offensive prescription down the throats of the American people under the cover of crisis.

Barack Obama's Backstage Message to the Country [Video]

Matthew Miller | Posted 05.25.2011 | Politics
Matthew Miller

2008-08-28-obama.jpg Note him whispering to the camera while you can hear Senator Biden giving his acceptance speech to the convention hall.

California May Probe Senator Schumer Over IndyMac Collapse

Reuters | Posted 05.25.2011 | Business

WASHINGTON (Reuters) - California's attorney general is reviewing a request by former employees of IndyMac Bancorp Inc to investigate whether a New Yo...

FARA's Failings: Or How The DOJ Fails To Monitor Foreign Lobbying

Zephyr Teachout | Posted 05.25.2011 | Home
Zephyr Teachout

While Obama burnishes his diplomatic credentials abroad, it's becoming clear that people like Bush bundler Stephen Payne are conducting all but unregulated diplomacy and shaping foreign policy.

Don't Ask, Don't Tell: the Media Circus over Fannie Mae and Freddie Mac

Yvette Kantrow | Posted 05.25.2011 | Media
Yvette Kantrow

Who knew that when Bryan Burrough fingered CNBC for helping kill off Bear Stearns Cos., he was starting a minitrend?

Did Sen. Charles Schumer Cause The IndyMac Failure? He Says No

CNNMoney.com | Posted 05.25.2011 | Business

NEW YORK (CNN) -- Sen. Charles Schumer said Sunday the Bush administration is trying to "blame the fire on the person who calls 9-1-1" by suggesting h...

Emotional Day for Hillary Backers: My Report From the Speech

Scott Shrake | Posted 05.25.2011 | Politics
Scott Shrake

Slowly, famous people appeared on the floor. Terry McAuliffe did several laps, which I thought it was a little bit much. I don't think he deserved his ego moment -- losing elections doesn't earn you anything in my book.

Leading Dem Expects Stimulus In Place By March 1

The Hill | Klaus Marre | Posted 05.25.2011 | Business

Sen. Charles Schumer (D-N.Y.) said Sunday he is optimistic that an economic stimulus package can be "done, signed and ready to go by March 1." "I thi...

Hillary Clinton Lands Earmarks For Campaign Contributions

LA Times | Tom Hamburger and Dan Morain | Posted 05.25.2011 | Politics

It's a real estate developer's sugar-plum dream: a mega-shopping mall complete with 10 Broadway-style theaters, an indoor river, a Tuscan village and ...