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Progressive Breakfast - 6/30/2009

Senate HELP Draft Bill Has Public Plan Option Politico Pulse gets leak of Senate HELP cmte draft: "THE SENATE HELP COMMITTEE IS ABOUT TO COME OUT WITH A 'LEVEL PLAYING FIELD' OPTION SIMILAR TO WHAT SCHUMER PROPOSED IN MAY ... If HELP does go in this direction, it...

Wrong About Ricci

Yesterday the U.S. Supreme Court issued its much-anticipated decision in Ricci v. DeStefano, the New Haven firefighters case. While the Court’s decision was disappointing in many respects, it preserved employers’ ability, and obligation, to ensure freedom from...

Pecora Commission To Be Named This Week?

Word is circulating in Washington that members for the Financial Crisis Inquiry Commission will be named this week. The commission is supposed to resemble the 1930s Pecora commission that dug into the culprits behind the Great Depression and laid the groundwork for...

Madoff: Fall Guy or First of Many?

Bernard Madoff has been sentenced to 150 years in prison for one of the biggest investment frauds in Wall Street history. The punishment seems to fit the crime.... But there is no closure here. We can’t let Madoff’s sentence distract us from the underlying problems....

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