AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!Secrecy, or more charitably, failure to disclose potential conflicts of interest, never goes out of style, as shown in three very different situations that have arisen in the past year. One case involves a newspaper's failure to fully disclose a writer's family ties to Bernard Madoff in an opinion piece. Another case involves an economist's failure to disclose his $400,000 government contract to analyze health care reform. A third case, and the most important one, involves failure by the Federal Reserve Bank to reveal details of the $180 billion federal bailout of the insurance giant American ...
Todd Christie, brother of New Jersey's newly elected governor, Chris Christie, made $60 million when Goldman Sachs bought his stock firm, and was then implicated in a federal fraud investigation, the New York Times reports. Christie emerged without damage to his reputation to found a new company and a private charity. But he has taken a high-profile role in planning his brother's inauguration ceremony, and, if he sticks close to the governor's office afterward, could be seen as a political liability. Todd Christie has been accused of "buying" political office for his older brother. He gave ...
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