'Banking Caucus' member aims for Senate

By Alison Fitzgerald

Republican candidate for Senate U.S. Rep. Shelley Moore Capito defends little banks but big banks benefit too.

Excerpts from this story referencing "Center for Responsive Politics":

"… top 20 donors to Capito’s Senate run, according to data compiled by the Center for Responsive Politics. She also has the support of many energy companies. Capito is not among th …"

Center report spurs investigation of Bank of America, JPMorgan prison deals

By Daniel Wagner

No-bid contracts with Bank of America and JPMorgan under government scrutiny after Center report.

Excerpts from this story referencing "Senate":

"… edom of Information Act request. Grassley is the senior Republican on the Senate Judiciary Committee, which oversees the Justice Department. He could becom …"

"… uld become chairman of the committee if Republicans gain a majority in the Senate after this fall’s election. The audit may expand to encompass other fin …"

Senator questions Bank of America’s no-bid prison deal

By Daniel Wagner

After a Center report, Sen. Charles Grassley, R-Iowa, says Bank of America's no-bid prison banking deal "raises significant questions"

Excerpts from this story referencing "JP Morgan":

"… om of Information Act request. The Center’s report also noted that JP Morgan Chase & Co. issues high-fee payment cards to federal inmates when they …"

"… earnings from prison jobs and any leftover money sent by their families. JP Morgan holds a similar financial agency agreement with Treasury to provide the ca …"

"… a similar financial agency agreement with Treasury to provide the cards. JP Morgan and Bank of America are the two biggest U.S. banks by asset size. Both hav …"

Megabanks have prison financial services market locked up

By Daniel Wagner

Bank of America and JP Morgan Chase & Co. avoid competitive bidding process in contracts serving federal prisoners.

Excerpts from this story referencing "Neil Barofsky":

"… ublic, Treasury “invites opportunities for waste and fraud,” said Neil Barofsky, who provided independent oversight of Treasury’s $700 billion bailout p …"

Lobbying activity declines among top special interests

By Dave Levinthal

Three-fifths of nation's top 100 lobbying entities spent less on influence in the second quarter compared to a year ago.

CPI-ABC black lung series wins Loeb award

A CPI-ABC News investigation of the flawed federal benefits system for miners with black lung on Tuesday won a Gerald Loeb award.

How lobbyists helped build John Cornyn’s election war chest

By Michael Beckel

Lobbyists’ role in Senate GOP whip's campaign helped him avoid, in his own words, a “fair fight.”

Forcing health insurers to do what's right

By Wendell Potter

Commentary: Policyholders benefit from Obamacare provision.

Excerpts from this story referencing "Congress":

"… gain to give a progress report on how Americans have been benefiting since Congress enacted reforms in 2010 that changed the way insurance companies operate. …"

Who’s bankrolling secretive liberal group America Votes?

By Michael Beckel

A dozen anonymous donors accounted for most of the $12.7 million America Votes raised during its last fiscal year.

Excerpts from this story referencing "Federal Election Commission":

"… and Sen. Bob Casey, D-Pa., ahead of the November 2012 election. When the Federal Election Commission asked for additional information about the donors who helped bankroll thes …"

Tech super PAC startups could tap billions

By Dave Levinthal

A for-profit university co-founded by noted futurist Ray Kurzweil is mulling whether to spend big on political campaigns.

Excerpts from this story referencing "University of Phoenix":

"… o the world of super PACs. The Apollo Group — the parent company of the University of Phoenix — has itself financially boosted super PACs affiliated with GOP politici …"

Keeping an eye on insurance companies that refuse to pay claims

By Wendell Potter

Commentary: Arizona case resolved after victim became a 'squeaky wheel'

Koch brothers, major corporations sponsor pension reform seminar for judges

By Chris Young

Judges who may decide fates of public pension reform disputes to attend seminar sponsored by pro-business interests.

Excerpts from this story referencing "San Francisco":

"… ge Mason’s Law & Economics Center. It’s scheduled for September in San Francisco. …"

Be the 'squeaky wheel' if health claim denied

By Wendell Potter

Commentary: Obamacare may squeeze insurance industry profits, subscribers should know their rights when it comes to claim denials.

Banks seek to sway critical GAO report

By Alison Fitzgerald

Big banks say new regulation is unnecessary thanks to Dodd Frank reforms.

Excerpts from this story referencing "Governor":

"… for a study by University of Chicago Economist and former Federal Reserve Governor Randall Kroszner, in which he pokes holes in the major studies that have f …"

Sorting out why insurers cancel policies

By Wendell Potter

Commentary: blaming Obamacare masks real motives.

Excerpts from this story referencing "Congress":

"… s plan in Pennsylvania — got such a notice four years ago, months before Congress passed the health reform law. Why? The insurer wanted to move those polic …"

Separating myth from reality on Obamacare

By Wendell Potter

Commentary: media scare stories, website snafus obscure opportunities to save.

Wall Street favorite Rep. Garrett flirts with default

By Alison Fitzgerald

Will investment firms that deal in U.S. Treasury securities regret their support of GOP congressmen who are flirting with default?

Beginning of the end for major health insurers

By Wendell Potter

Kickoff of new law will expose irrelevance of big insurers.

Excerpts from this story referencing "insurance market":

"… ll inevitably occur when the switch is flipped and the long-awaited health insurance marketplaces (also called exchanges) finally go live. Yes, there will be technol …"

Ex-Wall Street chieftains living large in post-meltdown world

By Alison Fitzgerald

CEOs of banks that fueled the subprime crisis that led to the economic meltdown largely avoid consequences.

Excerpts from this story referencing "Judiciary Committee":

"… me of these institutions have become too large,” he said during a Senate Judiciary Committee hearing in March. Since that time, the Justice Department has walked back …"

American fugitive used big banks to shuffle more than $1 million offshore, records show

By Ronny Rojas

Records show more than $1M through offshore accounts.

Bear Stearns mortgage executives have plum jobs on Wall Street

By Lauren Kyger and Alison Fitzgerald

Executives from the mortgage finance division that helped sink Bear Stearns have similar jobs at major Wall Street banks.

Excerpts from this story referencing "attorney":

"… unning our companies for the future?” asked Jordan Thomas, a former attorney for the Securities and Exchange Commission who now runs the whistleblower …"

"… respond to an email sent to his office requesting an interview. Mayer’s attorney didn’t respond to requests for comment.  Renee Calabro, a Deutsche …"

OPINION: insurance tricks to avoid ObamaCare's consumer protections

By Wendell Potter

Firms pushing early renewals to avoid ObamaCare protections

OPINION: putting big health insurers in their place

By Wendell Potter

New exchanges are better off without the big insurers.

IMPACT: Treasury to open Comerica deal to new bids after CPI report

By Daniel Wagner

Multimillion-dollar government deal with Comerica will be re-bid in 2015 after reports of lack of transparency and competition.

Excerpts from this story referencing "Center for Public Integrity":

"… e of concerns that were first raised publicly in a report last week by The Center for Public Integrity, according to two people with direct knowledge of the matter. They spoke o …"

Soros charitable foundation sometimes leans right

By Adam Wollner

Liberal political benefactor's charitable foundation sometimes donates to socially conservative organizations.

Excerpts from this story referencing "spokeswoman":

"… rywhere, so everyone knows someone who truly follows Jesus Christ.” Cru spokeswoman Alison Geist said the organization does not take a prospective donor’s i …"

"… 5,000 to the Planned Parenthood Federation of America. Planned Parenthood spokeswoman Deni Robey said in an email that it is the organization’s policy “to a …"

OPINION: a cynical search for loopholes

By Wendell Potter

Insurers find ways to avoid 'essential benefits'.

JPMorgan Chase’s record highlights doubts about big banks’ devotion to fighting flow of dirty money

By Michael Hudson

JPMorgan Chase’s record highlights doubts about devotion to fighting flow of dirty money

Excerpts from this story referencing "food":

"… ed Carnival French Ice Cream, a convenience store with a limited supply of food and sundries and two soft-serve ice cream machines. During their search, i …"

OPINION: reform will help level premium costs

By Wendell Potter

Act prohibits insurers from charging one person more than triple the amount for insurance as another person for the same policy.

Excerpts from this story referencing "Douglas Holtz-Eakin":

"… s out-of-pocket obligations — will be lower. The others on the panel — Douglas Holtz-Eakin, who was director of the Congressional Budget Office during the Bush Admin …"

OPINION: Health insurance 'producers' about to be on life support

By Wendell Potter

Health insurance 'producers' help raise the cost of insurance plans

Report: Hundreds of former SEC employees representing clients before agency

By Dave Levinthal

Report: Hundreds of former agency employees representing private clients before body.

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