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Fed Chairman Ben Bernanke has resisted calls from Congress that he release the names of the banks that were recipients of the bailout money the Fed gave to AIG to prevent it from collapsing. AIG insured its counterparties against losses from mortgage backed derivatives. The Fed poured $85 billion into AIG, which paid out $37.3 […]
Research support for this story was provided by the Investigative Fund of The Nation Institute. Published in conjunction with The Nation. IN THE CLINTONS’ PURSUIT OF POWER, there is no such thing as a strange bedfellow. One recently exposed inamorato was Norman Hsu, the mysterious businessman from Hong Kong who brought in $850,000 to Hillary […]
Bush has long denied allegations that he had connections to the intelligence community prior to 1976, when he became Central Intelligence Agency director under President Gerald Ford. At the time, he described his appointment as a ‘real shocker.’ But the freshly uncovered memos contend that Bush maintained a close personal and business relationship for decades […]
Jack Quinn served as Vice President Gore’s Chief of Staff, and later as Counsel to President Clinton. Now he is a partner in a political consulting and lobbying firm with a close friend of Tom DeLay, and together, they have represented clients who want to drill in fragile areas of Alaska, put the screws to […]
Days after Louisiana’s governor declared a state of emergency and the National Hurricane Center warned the White House that Hurricane Katrina could top the New Orleans levee system, the only FEMA official actually in New Orleans itself–Marty J. Bahamonde–was not even supposed to be there. He had been sent in advance of the storm and […]