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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: financial disclosure

financial disclosure stories: 8 news summaries

 Economy Wallops 
 Lawmakers' Fortunes  

Combined, members of Congress sough off hundreds of millions

(Newser) - The 50 richest members of Congress are still rich, but their personal finances show they’re not immune to the economic downturn, Roll Call reports. Together, the pols on the list have lost $275 million in personal wealth since 2007. In 2008, the legislators' combined assets of $1.3... More »

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Congress John Kerry Senate House of Representatives Jane Harman Mark Warner Jay Rockefeller US Congress financial disclosure Darrell Issa economic downturn wealthy

(Newser) - A judge has ended eight years of federal oversight imposed on the LAPD after a massive corruption scandal, the Los Angeles Times reports. The judge said the police force had reformed substantially under a “consent decree” that saw tough independent audits and more thorough investigations into abuse allegations. "... More »

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police corruption abuse oversight LAPD racial profiling federal judges financial disclosure Los Angeles Police Department

Summers Reaped Millions
From Bailout Recipients

Earned $2.7M in speakers fees last year

(Newser) - Lawrence Summers, President Obama's top economic adviser, received hefty speaking fees last year from Wall Street giants that later got bailout cash, Bloomberg reports. Summers received a total of $2.7 million from firms like Goldman Sachs and Citigroup on top of the $5.2 million salary he got from... More »

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Wall Street hedge fund speech financial disclosure Lawrence Summers National Economic Council

SEC Looking Into Apple's Health Disclosures on Jobs

Non-public inquiry doesn't necessarily indicate wrongdoing

(Newser) - The SEC is taking a long hard look at Apple’s disclosures about Steve Jobs’ health, a source tells Bloomberg. The inquiry isn’t supposed to be public knowledge, and doesn’t indicate that the SEC has seen evidence of wrongdoing. But the agency wants to be sure that Apple... More »

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Steve Jobs Apple SEC financial disclosure

Caroline Ducked $$$ Disclosure in Schools Job

City exempt Kennedy, but isn't exactly sure why

(Newser) - Unlike other New York City employees—including billionaire Mayor Michael Bloomberg—Caroline Kennedy skirted the practice of disclosing her finances when working for the city, the New York Times reports. To reduce conflicts of interest, city regulations require high-level staff to file disclosures, and that would include Kennedy, who ran... More »

Kennedy Won't Make Personal Disclosures Yet

She refuses to reveal financial info 'unless and until' she gets job

(Newser) - Caroline Kennedy has refused to disclose a variety of personal data, from which companies she has invested in to whether she has ever been charged with a crime, reports the New York Times. While candidates or sitting senators must make annual financial disclosures, potential appointees to a vacant seat have... More »

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Senate New York Caroline Kennedy Schlossberg David Paterson conflict of interest financial disclosure

 Stevens Jury Finds Typo;
 Defense Urges Acquittal 

On indictment, feds charged senator checked 'no' box when he checked 'yes'

(Newser) - The jury in Ted Stevens’ corruption trial has uncovered an error in one indictment, and the defense is springing at the chance, the Hill reports. Jurors sent the judge a note today questioning a discrepancy in the prosecution’s allegations regarding the senator’s 2001 financial disclosure. Where the indictment... More »

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corruption Ted Stevens trial jury indictment gift financial disclosure typographical error

ANALYSIS

 At $231M, 
 Kerry Is 
 Congress' 
 Richest 

Though, Roll Call cautions, financial disclosure forms an unreliable source

(Newser) - John Kerry leads Roll Call's annual list of the 50 richest members of Congress, with a fortune estimated at $231 million. But financial-disclosure rules make it impossible to get a complete picture of lawmakers' assets, so Kerry, John McCain (No. 13, with $20 million), and the rest of the top... More »

8 Stories