Wednesday Morning Reading (June 9, 2010)

Same deal as yesterday.  Our 15,000 RSS readers and daily email recipients will have to visit the site to see today's links.  I am placing all the links in comments below.  They are in no particular order.

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Click HERE to see the articles (50 Total)  >>

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Click HERE for Tuesday's Links (49 Total)  >>

Comments

[DailyBail]

Ocean Saratoga: Another Oil Spill In The Gulf? Coast Guard Investigates

http://www.huffingtonpost.com/2010/06/08/ocean-saratoga-another-oi_n_604812.html

[DailyBail]

Sarah Palin aide Fred Malek helped former President Richard Nixon dump Jews from government

http://www.nydailynews.com/news/politics/2010/06/04/2010-06-04_sarah_palin_aide_fred_malek_helped_former_president_richard_nixon_dump_jews_from.html#ixzz0qKn21vEo

[DailyBail]

Another Gulf oil spill: Well near Deepwater Horizon has leaked since at least April 30

http://blog.al.com/live/2010/06/another_gulf_oil_spill_well_ne.html

[DailyBail]

Citigroup’s Banker Exodus in Europe Continues

http://blogs.wsj.com/deals/2010/06/02/citigroups-banker-exodus-in-europe-continues/

[DailyBail]

Who Has It Worse? BP or Goldman Sachs?

http://blogs.wsj.com/deals/2010/06/08/who-has-it-worse-bp-or-goldman-sachs/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+wsj%2Fdeals%2Ffeed+%28WSJ.com%3A+Deal+Journal+-+WSJ.com%29

[DailyBail]

Goldman Even Guiltier Than Previously Assumed, Says FCIC Vice Chairman

http://dealbreaker.com/2010/06/goldman-even-guiltier-than-previously-assumed-says-fcic-vice-chairman/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+dealbreaker+%28Dealbreaker%29

[DailyBail]

Bank Lobbyists Fighting New Provision on Trust Preferred CDOs

http://dealbreaker.com/2010/06/bank-lobbyists-fighting-new-provision-on-trust-preferred-cdos/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+dealbreaker+%28Dealbreaker%29

[DailyBail]

Senator Nelson: The BP Well May Have Lost Structural Integrity Beneath the Sea Floor

http://georgewashington2.blogspot.com/2010/06/senator-nelson-bp-well-itself-may-have.html

[DailyBail]

Dick Fuld’s New Friends

http://www.thefinancialinvestigator.com/?p=64

[DailyBail]

Goldman Sachs Revives an Old Tactic: Keeping Quiet

http://www.cnbc.com/id/37574739

John Carney

[DailyBail]

Goldman Sachs Reputation Destruction Tour

http://www.ritholtz.com/blog/2010/06/goldman-sachs-reputation-destruction-tour/

[DailyBail]

Report: Revolving Door Spins Quickly Between Congress, Wall Street

WASHINGTON -- Organizations in the financial services sector have deployed at least 1,447 former federal employees to lobby Congress and federal agencies since the beginning of 2009, according to a joint analysis of federal disclosure records and other data released today by Public Citizen and the Center for Responsive Politics. (Download the full report here: FinancialRevolvingDoors.pdf )

This small army of registered financial services sector lobbyists includes at least 73 former members of Congress, of whom 17 served on the banking committees of either the U.S. House of Representatives or the Senate. At least 66 industry lobbyists worked for these committees as staffers, while 82 additional lobbyists once worked for congressional members who currently serve on these key committees.

http://www.opensecrets.org/news/2010/06/report-revolving-door-spins-quickly.html

[DailyBail]

http://www.washingtonsblog.com/2010/05/prominent-oil-industry-insider-theres.html

Prominent Oil Industry Insider: "There's Another Leak, Much Bigger, 5 to 6 Miles Away"

[DailyBail]

New Fair Value Rule Could Cost Banks

http://online.wsj.com/article/SB10001424052748704032704575268962900687370.html?mod=WSJ_business_whatsNews

[DailyBail]

Padded Pensions Add to New York Fiscal Woes

In Yonkers, more than 100 retired police officers and firefighters are collecting pensions greater than their pay when they were working. One of the youngest, Hugo Tassone, retired at 44 with a base pay of about $74,000 a year. His pension is now $101,333 a year.

http://www.nytimes.com/2010/05/21/business/economy/21pension.html

[DailyBail]

World War Two bomb explodes in Germany, three dead

http://www.alertnet.org/thenews/newsdesk/LDE6502GA.htm

[DailyBail]

http://www.huffingtonpost.com/2010/05/31/rand-paul-remarks-lead-ke_n_595215.html

Rand Paul Remarks Lead Kentucky Legislature To Pass Civil Rights Legislation

[DailyBail]

Despite Soaring National Debt, Congress Goes on Spending Spree

http://www.foxnews.com/politics/2010/05/26/despite-soaring-national-debt-congress-goes-spending-spree/

[DailyBail]

In a welfare state, how much is 'enough'?

http://www.usatoday.com/news/opinion/forum/2010-06-01-column01_ST_N.htm

[DailyBail]

Money Managers Should Pay The Same Tax Rates As Everyone Else

http://www.businessinsider.com/money-managers-should-pay-the-same-tax-rates-as-everyone-else-2010-6

[DailyBail]

'The Euro Zone Has Failed'

http://online.wsj.com/article/SB10001424052748704875604575280452365548866.html?mod=e2tw

[DailyBail]

Drunk teacher who drove wrong way along A1 at 70mph escapes jail

http://www.dailymail.co.uk/news/article-1283151/Drunk-teacher-drove-wrong-way-A1-70mph-escapes-jail.html

[DailyBail]

Exclusive: US Probes Goldman's Timberwolf Deal, Alleged Victim Says 'Whole Thing Was Fraudulent Concoction'

http://www.huffingtonpost.com/2010/05/27/exclusive-us-probes-goldm_n_592300.html

[DailyBail]

Are We Going the Way of the Roman Republic?

http://www.newdeal20.org/2010/05/27/are-we-going-the-way-of-the-roman-republic-11305/

[DailyBail]

Here Is David Einhorn's Full Presentation On How We, Not Our Grandchildren, Are The Ones Who Are Going To Pay For This Crisis

Read more: http://www.businessinsider.com/david-einhorn-good-news-for-the-grandchildren-2010-5#ixzz0qLAsq09g

[DailyBail]

http://www.realclearpolitics.com/video/2010/05/28/new_msnbc_documentary_rise_of_the_new_right.html

New MSNBC Documentary: "Rise Of The New Right"

[DailyBail]

Pelosi Blames Bush For Lax Offshore Drilling Oversight

http://www.realclearpolitics.com/video/2010/05/27/pelosi_blames_bush_for_lax_offshore_drilling_oversight.html

[DailyBail]

http://www.businessinsider.com/heres-how-cnncom-accidentally-posted-al-gores-private-email-address-2010-6

Here's How CNN.com Accidentally Published Al Gore's Private Email Address

[DailyBail]

Former Bear Stearns Chief Ace Greenberg: Europe Doesn't Matter To The US And Obama Is Doing A Fine Job

Read more: http://www.businessinsider.com/ace-greenberg-2010-6#ixzz0qLDsoZwR

Greenberg is an absolute bailout apologist...Video

[DailyBail]

Put Patients and Doctors Back in Control of Healthcare

http://www.house.gov/htbin/blog_inc?BLOG,tx14_paul,blog,999,All,Item%20not%20found,ID=100601_3706,TEMPLATE=postingdetail.shtml

By Ron Paul

[DailyBail]

Taibbi’s View of Congress’ Audit the Fed Debate

http://dailyreckoning.com/taibbi%E2%80%99s-view-of-congress%E2%80%99-audit-the-fed-debate/

[DailyBail]

If Foreclosures Don't Double Soon, Clearing The Real Estate Mess Will Take 8 Years

Read more: http://www.businessinsider.com/mark-hanson-mortgage-foreclosure-2010-6#ixzz0qLF08OxC

[DailyBail]

The 101 Best Sandwiches in New York

http://newyork.grubstreet.com/2010/05/the_101_best_sandwiches_in_new.html#photo=97

[DailyBail]

Goldman Can Blame This 24-Year Ex-Harvard Girl For Its Grilling In Front Of The Senate

http://www.businessinsider.com/goldman-could-totally-justify-blaming-their-senate-hearing-on-a-24-year-harvard-girl-2010-6

[DailyBail]

MORE TROUBLE FOR GOLDMAN: Firm Told CALPERS It Wasn't Under Formal Investigation Back In March

http://www.businessinsider.com/goldman-told-calpers-in-march-that-it-wasnt-being-investigated-2010-6#ixzz0qLFlOWV6

[DailyBail]

Pelosi Declares: "Democrats Will Be The Majority" After The Mid-Terms

http://www.realclearpolitics.com/video/2010/05/31/pelosi_declares_democrats_will_be_the_majority_after_the_mid-terms.html

[DailyBail]

Florida Assistant State Attorney fired for speaking at Tea Party

http://www.therightscoop.com/florida-assistant-state-attorney-fired-for-for-speaking-at-tea-party

[DailyBail]

Name that Politician!

http://www.therightscoop.com/name-that-politician

[DailyBail]

The Horror of Sharia Law

Within seconds of watching this video I was already in tears. The brutality show in this video is beyond the pale, but there is a truth about it that no one can deny. It’s only photos, but it will break your heart.

http://www.therightscoop.com/the-horror-of-sharia-law

[DailyBail]

Vaughn Ward: Worst Candidate Ever?

Meet Vaughn Ward. He's running in today's Republican primary in Idaho's 1st Congressional District. He's an Iraq War veteran. A former CIA operations officer. A fourth-generation Idaho native. Heck, Sarah Palin supports him.

And after this spring's disastrous, gaffe-filled primary campaign -- during which Ward declared that Puerto Rico was a country, apparently plagiarized fellow candidates and Barack Obama, campaigned on cutting federal spending while his wife's gig at Fannie Mae allowed Ward to go without an income, and re-released a six-month-old endorsement -- Ward may be able to add another title to his resume: Worst candidate ever.

http://tpmdc.talkingpointsmemo.com/2010/05/vaughn-ward-worst-candidate-ever.php

[DailyBail]

Hedgeye CEO Keith McCullough: The U.S. Collapse Will Follow Europe's, And Bernanke Will Be Fired

Read more: http://www.businessinsider.com/keith-mccullough-us-is-next-2010-5#ixzz0qLIIGHKE

[DailyBail]

Is This Woman Too Hot To Be a Banker?

http://www.villagevoice.com/2010-06-01/news/is-this-woman-too-hot-to-work-in-a-bank/1

[DailyBail]

Nuclear Option on Gulf Oil Spill? No Way, U.S. Says

http://www.nytimes.com/2010/06/03/us/03nuke.html?partner=rss&emc=rss

[DailyBail]

How not to save news

Bad gov't ideas for journalism

Read more: http://www.nypost.com/p/news/opinion/opedcolumnists/how_not_to_save_news_2g7IgzaZNuwuZU80CVcQ7M#comments_block#ixzz0qLKRY8tT

[DailyBail]

Greenlight Capital's David Einhorn: "We Should Junk Official Credit Ratings"

http://www.businessinsider.com/greenlight-capitals-david-einhorn-we-should-get-rid-of-official-credit-ratings-2010-6#ixzz0qLKigDNG

[DailyBail]

Left-Wing Icon Daniel Ellsberg

'Obama Deceives the Public'

http://www.spiegel.de/international/world/0,1518,699677,00.html

[DailyBail]

The Alien in the White House

The distance between the president and the people is beginning to be revealed.

http://online.wsj.com/article/SB10001424052748703302604575294231631318728.html?mod=WSJ_Opinion_LEADTop

[DailyBail]

While BP has resisted some government interventions, it has lobbied for tax hikes, greenhouse gas restraints, the stimulus bill, the Wall Street bailout, and subsidies for oil pipelines, solar panels, natural gas and biofuels.

Read more at the Washington Examiner: http://www.washingtonexaminer.com/politics/Once-a-government-pet-BP-now-a-capitalist-tool-95942659.html#ixzz0qN5VxQ00

[DailyBail]

Risks to global economy have 'risen significantly', top IMF official warns

http://www.telegraph.co.uk/finance/economics/7812903/Risks-to-global-economy-have-risen-significantly-top-IMF-official-warns.html

[DailyBail]

The mini flying robot drones that join forces before takeoff - all without human help

Read more: http://www.dailymail.co.uk/sciencetech/article-1285197/The-mini-flying-drones-join-takeoff--human-intervention.html#ixzz0qN5tXi1l