Wednesday, September 23, 2009

SPB News for Wednesday


Jenny Sanford Scores 'Inspirational Memoir' Book Deal
Republican Leaders Rush to Defend Insurer Humana From 'Gag Order'
Republicans are angry at the investigation of insurance giant Humana, which enlisted its customers to lobby against health reform.

Auto firm-owned theater agrees to run movie only if Moore, local press kept out.
CIA in Dubai trades visas for insider information on Iran, book claims.

At Pentagon's Request, Post Delayed Story on General's Afghanistan Report --Woodward withheld certain details, to avoid criticism To Bob Woodward, it was the modern-day equivalent of the Pentagon Papers. But to Obama administration officials, the classified assessment of the deteriorating situation in Afghanistan, if disclosed by The Washington Post, represented a potential threat to the safety of U.S. troops. The result was that The Post agreed to a one-day delay in publicizing the report by Gen. Stanley A. McChrystal, the top U.S. and NATO commander in Afghanistan, and that the paper's top editor engaged in a lengthy discussion Sunday with three top Defense Department officials in a meeting at the Pentagon... The Post agreed to withhold certain operational details. That, Woodward said, "made it easier" for the newspaper to proceed with publication without risking criticism [!] for disclosing classified information.

Fed Rejects Geithner Request for Study of Governance, Structure The Federal Reserve Board has rejected a request by U.S. Treasury Secretary Timothy Geithner for a public review of the central bank’s structure and governance, three people familiar with the matter said. The Obama administration proposed on June 17 a financial- regulatory overhaul including a "comprehensive review" of the Fed’s "ability to accomplish its existing and proposed functions" and the role of its regional banks. The Fed was to lead the study and enlist the Treasury and "a wide range of external experts."
House Votes to Extend Unemployment Pay for 13 Weeks The U.S. House voted to extend jobless benefits for 13 weeks in states hardest hit by the recession amid the worst surge in long-term unemployment in more than half a century. The chamber today approved, 331-83, a measure that would continue aid to about 300,000 Americans projected to exhaust their benefits by the end of this month. The aid goes to people in 27 states with unemployment rates of at least 8.5 percent.
Bank of America backpedals on overdraft fees Bank of America Corp. said Tuesday it's capping the fees it charges customers for overdrawing their accounts, backpedaling on the hikes the company imposed just this year. Starting Oct. 19, Bank of America said it will no longer charge overdraft fees when a customer's account is overdrawn by less than $10 in one day. A $35 fee will still be levied if the account isn't brought into balance within five days.

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