conflict of interest

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Rice Stands to Profit From Keystone XL

She's heavily invested in TransCanada, would make call as secretary of state

(Newser) - Just when you thought Susan Rice's rumored secretary of state candidacy couldn't get any more contentious, OnEarth has spotted documents indicating that the ambassador currently holds stock valued between $300,000 and $600,000 in TransCanada, the company behind the Keystone XL pipeline. Indeed, about a third of...

Judge Kicks Toronto Mayor Out of Office

Rob Ford vows to fight ruling 'tooth and nail'

(Newser) - An Ontario judge ordered Toronto Mayor Rob Ford removed from office today, over an alleged violation of conflict of interest rules. Judge Charles Hackland gave Ford 14 days to vacate the position, acknowledging that the shakeup "will necessitate administrative changes" for Toronto, the CBC reports, but Ford says he'...

73 in Congress Sponsored Bills, Reaped Rewards
73 in Congress Sponsored Bills, Reaped Rewards
INVESTIGATION

73 in Congress Sponsored Bills, Reaped Rewards

Lawmakers sought legislation from which they benefited

(Newser) - From a PBS exec's husband who defended the station's funding to a congressman who sought tax breaks for racehorse owners before buying seven horses: A Washington Post investigation finds 73 members of Congress who have recently sponsored or co-sponsored bills that help industries to which they have personal...

Congress Riddled With Insider Trading
 Congress 
 Riddled With 
 Insider Trading 



INVESTIGATION

Congress Riddled With Insider Trading

Study find 1-in-8 Congress trades pose potential conflict of interest

(Newser) - The Washington Post has pored over the 45,000 stock transactions made by members of Congress between 2007 and 2010, in a mammoth investigation into just how bad the government's insider trading problem is. The result—130 members of Congress or their families bought and sold up to $218...

WSJ Reporter Resigns Over Affair With Obama Nominee

Gina Chon shared information with Brett McGurk while he was security adviser in Iraq

(Newser) - A Wall Street Journal reporter has resigned after flirty emails were published online exposing an affair with an American official she was covering in Iraq. Gina Chon had a 2008 affair with Brett McGurk, who's currently President Obama's nominee for US ambassador to Iraq. Both McGurk and Chon...

Walters Sorry for Trying to Score Job for Assad Aide

She tried to help Syrian leader's media adviser find job, university place

(Newser) - Barbara Walters has apologized for trying to find a job and a spot at an Ivy League university for one of Syrian President Bashar al-Assad's aides. Emails obtained by the Telegraph reveal that the veteran ABC journalist struck up an ill-advised friendship with Assad media adviser Sheherazed Jaafari as...

Trayvon Martin Case Gets New Judge

Original one steps aside over conflict of interest

(Newser) - George Zimmerman's defense team got its wish : The judge assigned to the case has recused herself over a conflict of interest, reports AP . Judge Jessica Recksiedler's husband works with Mark NeJame, who is being paid by CNN to comment on the case. NeJame also turned down a request...

Zimmerman Wants New Trial Judge

Trayvon Martin shooter not happy with Judge Recksiedler

(Newser) - The neighborhood watch volunteer charged with killing an unarmed black teenager in Florida asked a judge in the case to step down today after she revealed a potential conflict of interest. George Zimmerman's attorney, Mark O'Mara, filed the request and said Circuit Judge Jessica Recksiedler revealed the potential...

Romney Won't Say Where His Money Is

Confidentiality agreement allows him to keep Bain holdings vague

(Newser) - What companies is Mitt Romney invested in? Your guess is as good as the Office of Government Ethic's. Romney's money is largely parked in 48 Bain Capital accounts, and because those accounts are all protected by confidentiality agreements, he's not required to disclose any of their underlying...

Sandusky Gets New Judge
 Sandusky Gets New Judge 

Sandusky Gets New Judge

And this time, it's not one connected to his charity

(Newser) - District Judge Leslie Dutchot is off the Jerry Sandusky case, after a public outcry over her ties to Sandusky’s charity for troubled kids, the New York Daily News reports. She’ll be replaced by an out-of-county judge who "has no known connections with the Pennsylvania State University, the...

Cantor Has Up to $15K Bet on Government Default

It's just a teeny tiny conflict of interest, Jonathan Easley argues

(Newser) - As Eric Cantor last week negotiated an increase in the federal debt ceiling, he had between $1,000 and $15,000 invested in a fund that aggressively shorts US bonds, according to his latest financial disclosure statement. If Congress fails to raise the debt ceiling and the US defaults, the...

Board: Ex-Buffett Lieutenant Broke Law, Duped Boss

Berkshire board issues scathing report on Sokol dealings

(Newser) - Warren Buffett's former heir apparent David Sokol misled his boss and violated insider-trading rules when he bought shares in Lubrizol and then recommended Berkshire Hathaway buy it , Berkshire's board has concluded. A scathing report from the board portrays Buffett as a victim of Sokol's deception and says...

In Buffett Heir Apparent's Past: More Shadiness

Critics come out of the woodwork for ousted Berkshire exec

(Newser) - David Sokol’s sudden resignation —and the scandal that accompanied it—shocked the business world last week, but this isn’t the first time Warren Buffett’s ex-heir apparent's ethics have been questioned. Just last year, a judge rebuked Sokol for accounting irregularities at MidAmerican Energy, the company he...

On NBC News, Not a Peep About GE Tax Story

But reps say that has nothing to do with the fact that GE is parent company

(Newser) - The GE tax avoidance story was kind of a big one—so why wasn't it covered on NBC News when it broke on Friday ... or on Saturday or Sunday or Monday? Critics were quick to point out that GE is NBC's parent company, but representatives insist that had nothing to...

Fox News Suspends Newt Gingrich, Rick Santorum Over 2012 Ambitions
Fox Suspends 2012 Hopefuls Newt, Santorum
PENDING A DECISION

Fox Suspends 2012 Hopefuls Newt, Santorum

Palin and Huckabee are fine for now

(Newser) - Fox News has suspended contributors Newt Gingrich and Rick Santorum for 60 days, because they’ve “signaled possible runs for the presidency,” anchor Bret Baier announced today. The two will have until May 1 to declare whether they’re running. If they don’t announce either way by...

SEC Lawyer Linked to $1.5M in Dirty Madoff Money

Maybe that's why SEC was 'asleep at the swtich,' says critic

(Newser) - The mother of the chief lawyer for the Securities and Exchange Commission reaped $1.5 million in dirty money from Bernie Madoff, court documents are revealing. Attorney David Becker has been named in a clawback lawsuit seeking funds to repay investors ripped off in Madoff's $65 billion Ponzi scheme. The...

Judge Who Nixed Health Care Owns Stake in GOP Firm

Attorney general paid consulting firm $9K this year

(Newser) - Surprise! Henry Hudson, the federal judge who ruled health care reform unconstitutional today owns as much as $50,000 worth of stock in a GOP political consulting firm that opposes health care reform. According to financial disclosure forms spotted first by the Huffington Post and then Gawker , Hudson has made...

Palin Policy Adviser Works for Foreign Governments

Orion Strategies a registered agent for Taiwan, Georgia

(Newser) - The company Sarah Palin is paying for foreign policy advice is also being paid to lobby lawmakers on behalf of Taiwan, Georgia, and Montenegro. Palin's political action committee isn't breaking any laws by hiring Orion Strategies, Reuters notes, but the firm's work on behalf of foreign governments raises questions about...

Partisan Bloggers Often Get Paid for Posts

It's becoming common for parties to pay for coverage

(Newser) - The Daily Caller smells a rat in the political blogosphere: The site says many supposedly independent bloggers are taking money on the side from political campaigns to push a particular candidate or agenda. It's a "form of partisan payola that erases the line between journalism and paid endorsement,"...

Maxine Waters Faces Three Ethics Charges

California Democrat has pledge to mount aggressive defense

(Newser) - The House ethics committee announced three counts of alleged ethics violations against another of its members today, further damaging the Democrats' prospects and emboldening Republicans heading into congressional elections in November. The charges against Democrat Maxine Waters include an allegation that she requested federal help for a bank in which...

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