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Thursday, March 19, 2009                                             Make us your homepage

Leading the News

Obama Officials Axed Executive Pay Provision . . . Sen. Dodd changed language in stimulus capping pay at their request, he says. Wall Street Journal

Obama Secured $500,000 Advance in Book Deal . . . Children's book project was agreed to five days before entering office.
Washington Times

Studies Cast Doubt on Prostate Tests . . . The screenings rarely save lives and treatment can cause more harm than the potential tumor.
Los Angeles Times

Politics

Hat

Uproar Over Geithner's Role . . . Failure to derail bonuses prompts concerns about competency, complicating future stewardship of economy. Wall Street Journal

Fed Failed to Tell Obama About AIG Bonuses . . . Officials knew for months but didn't inform the administration.
Washington Post

Critics Slam Washington's Ties to AIG . . . Federal bailout money used to repay $13 billion to Goldman Sachs, Paulson's old firm.
Los Angeles Times

Obama Caves On Plan to Make Veterans Pay . . . Wanted to make veterans with private insurance pay for treatment of combat injuries. McClatchy Newspapers

Obama Touts Stimulus to California Fans . . . Receives thunderous welcome in one of states hit hardest by the recession. USA Today

National Security

U.S. Plans expanded Afghan Security Force . . . Hope that a much larger professional army and national police force could fill void left by the central government. New York Times

Bin Laden Denounces Somali President . . . In a new recording, calls on militants to overthrow leader seen as a hope for peace.
Associated Press

Key Afghan Insurgent Group Wants to Talk . . . Haqqani network agrees to discuss a peace proposal with government-backed mediators. Christian Science Monitor

U.S. Journalists Held in North Korea . . . Two reporters for California-based Current TV and their guide arrested near North Korean-Chinese border.
Associated Press

Chinese Spy Who Defected Speaks . . . Says priorities are infiltrating U.S. intel community and collecting secrets and technology from the United States. Washington Times

Business

AIG Unit Was Known for its Perks . . . Lavish pay, big bonuses, catered meals in exchange for high pressure and brutal hours. Los Angeles Times

Some AIG Execs Will Pay Back Bonuses . . . But anger continues to mount. AIG chief Liddy grilled on Capitol Hill. Wall Street Journal

Fed to Pump $1.2 Trillion Into Financial System . . . Move to buy government bonds and mortgage-related securities designed to lower loan costs for consumers. Washington Post

Madoff Accountant Arrested . . . David Friehling, who audited Madoff's business for more than a decade, is charged with securities fraud.
New York Times

International

Pope Meets Muslims in Cameroon . . . Says true religion rejects violence. Associated Press

Nationwide Strike in France . . . Unions protesting against President Sarkozy's economic policies. Second mass strike in two months. BBC

Sarkozy's Dreams for a New Paris . . . In first major redesign effort since Napoleon III, teams of architects offer ideas to reignite the City of Light. Christian Science Monitor

Israeli Forces Killed Gaza Civilians . . . Also destroyed property under permissive rules of engagement during Gaza operation. Haaretz

Also Today. . .

No More Prosecutions for Medical Marijuana . . . In a break with Bush, Attorney General Holder says dispensers of pot for the sick will no longer be charged. Los Angeles Times

Natasha Richardson, 45, is Dead . . . Family takes her off life support in New York. Incurred traumatic brain injury from ski accident in Canada.
Globe and Mail

Teen Pregnancy Rate Rising . . . Up one percent in 2007 following 2.8 percent rise in 2006. Bloomberg

That Confounding 'Conficker' . . . Geeks unite to try to defeat worm that is banding infected computers together into and evil "botnet" supercomputer. New York Times

Today's Video

Head Trauma Killed Natasha Richardson. . . NBC

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Today's Quote

"I just want to express my outrage one more time that these AIG fat cats were paid so exorbitantly while their company failed. What's that? Bulls lost again? Darn. Love those guys anyway."

-President Barack Obama

 

A note from our lawyers:

This is not a real quote.

 

Guilty Pleasures

Manson Gets Old
New photo of hippie murderer shows a balding man with gray hair. Looks robust, though, at 74. Too bad.
The Independent

Madoff Rots in Hellhole
Locked away in high security wing that hosts toughest mob criminals. He's in his cell 23 hours a day.
New York Daily News

Top Sports

Obama Picks UNC Over Louisville
Safe choice for the NCAA Men's title game.
Associated Press

Bracket Breakdown
Analysis of all 32 first round games.
Sports Illustrated

 

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