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NEWS ABOUT: payoffs

Senate Opens Impeachment Hearings on La. Judge

Chamber's first since Bill Clinton's in 1999

(Newser) - The Senate will open today an impeachment trial against a Louisiana judge facing a slew of corruption charges, Fox News reports. The House already voted unanimously to impeach US District Judge G. Thomas Porteous, accused of lying under oath and taking payoffs. A Senate impeachment panel will hold three all-day... More »

Rangel Inquiry Expands to Donor Concerns

Rep. faces allegations he fought tax loophole in funding tradeoff

(Newser) - A House ethics committee broadened its probe into Charles Rangel over concerns the New York Democrat fought a tax loophole in exchange for a $1 million donation to his policy institute. The subcommittee has been investigating Rangel’s personal finances since September over several other corruption allegations; now, it looks... More »

Blagojevich Sought Cabinet Post for Obama's Senate Seat

FBI tapes reveal wish for health secretary post

(Newser) - Rod Blagojevich had said he wanted “something real good” in exchange for his choice of a replacement for the president-elect in the Senate, Politico reports. Otherwise, he said in FBI tapes the day before the election, “I’ll just send myself.” A Senate seat is a "... More »

Florida District Endures Another Sex Scandal

Election year foibles mirror page-loving Foley he replaced

(Newser) - Just two years after Mark Foley resigned, Florida’s 16th district has another sex scandal on its hands, Time reports. Democratic Representative Tim Mahoney, who is fighting for reelection, has been implicated in an affair/payoff scandal, and investigators are wondering if he hushed his mistress with taxpayer dollars. Mahoney took... More »

Stevens May Testify Tomorrow

Wife could also take stand in senator's corruption trial

(Newser) - Sen. Ted Stevens appears likely to testify tomorrow as part of his defense against corruption charges, Reuters reports. The Alaska Republican, charged with failing to disclose $250,000 gifts from oil firms, told a Washington court today he understood he was not legally required to testify. Stevens’ wife, Catherine, may... More »

Stevens Jurors Hear Tape of Plot to Hide Free Work

(AP) - Two close friends of Sen. Ted Stevens schemed to conceal the fact that one was paying for extensive work done at the senator's cabin in Alaska, according to FBI audiotapes played today at Stevens' corruption trial. The pair, Bill Allen and Bob Persons, are heard on tape fretting in February... More »

CEOs Live the Good Afterlife

Lavish 'severance' payments go to heirs if bosses die at the helm

(Newser) - Corporate critics who say there is not enough connection between performance and executive pay may be gravely concerned to learn that many execs will keep getting sky-high bonuses when they're 6 feet under. A Wall Street Journal review finds dozens of CEOs will receive "golden coffin" payments if they... More »

Bookies Pay Out on Longshot Clinton Bets

At 100-to-1, Hillary's victory startles political gambling websites

(Newser) - Clinton supporters of an apolitical kind had reason to celebrate after her surprise win in New Hampshire: bettors on a Hillary victory reaped huge payoffs after her odds dropped to a low of 100-to-1. Bloomberg reports that the Dublin-based Intrade had made an Obama result a near certainty, leaving contrarians... More »

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