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Click here to visit the new home of Politics Daily!NICE, France (July 6) -- French President Nicolas Sarkozy today angrily denounced a report that France's richest woman helped illegally bankroll his successful 2007 presidential election. Paris' splashiest summer scandal in decades has exploded out of a court case involving Liliane Bettencourt, 87, the heiress to the L'Oreal cosmetics fortune, and her estranged daughter, who is contesting the more than $1 billion her mother gave to a longtime friend and society photographer. Remy de la Mauviniere, AP French President Nicolas Sarkozy denied on Tuesday that L'Oreal heiress Liliane Bettencourt, ...
On Thursday, Sen. Lisa Murkowski (R-Alaska) blocked a bill that would have raised oil companies' "responsibility cap" -- the maximum amount in damages companies must pay for their accidents -- from $75 million to $10 billion. On Friday, Murkowski's office was rebutting critics who were asking whether her opposition to the measure had anything to do with the fact she is a major supporter of offshore drilling who has received $426,989 in campaign donations from the oil and gas industry over her eight-year Senate career. Murkowski is the top Republican on the Energy and Natural Resources ...
Some will certainly notice the irony in Hassan Nemazee being charged with trying to defraud Citibank, the financial behemoth so many believe victimized our entire economy.How far he has fallen. The 59-year old Nemazee was national co-chairman of Hillary Clinton's presidential bid last year, and when she lost he raised money for the man who beat her, Barack Obama. In 2004 he was New York state financial chairman for John Kerry. Most recently he was national chairman of the committee that works to elect Democrats to the Senate, chaired by New York Sen. Charles Schumer. ...
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