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Has he lost his touch? Obama’s Endorsements Didn’t Help Democratic Candidates
by Don Azarias
June 18, 2010
It will really be a tough time for Democratic congressional incumbents in Washington come midterm elections this fall. On the other hand, Republican candidates should not feel too confident of their chances because it seems like the voters finally had it with both parties’ incumbents. However, the voters’ antiestablishment stance and anger seem to be directed more at the Democrats rather than the Republicans. Continue reading
Will Goldman Sachs finally face the music?
by Don Azarias
May 27, 2010
The Wall Street Journal (WSJ) reports that federal prosecutors are conduct ing a criminal probe into whether Goldman Sachs Group, Inc. or its employ ees committed securities fraud in connection with its mortgage trading. The matter was referred to the Manhattan U.S. Attorney’s Office for criminal prosecution by the Securities and Exchange Commission (SEC) which had brought a civil fraud lawsuit against Goldman Sachs charging that it hid vital information from investors about mortgage-related securities it traded.
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