February 5, 2010By Zachary A. Goldfarb and Tomoeh Murakami TseThe Washington Post (Economy Watch)New York Attorney General Andrew M. Cuomo filed fraud charges Thursday against Bank of America and two of its former top executives, alleging that they lied not only to investors but also to government officials who were orchestrating a massive bailout of the bank in the final months of 2008.
The company and two former executives -- chief executive Kenneth D. Lewis and Chief Financial Officer Joseph Price -- were accused of misleading federal officials about the size of losses at Merrill Lynch, the troubled investment bank that Bank of America was in the process of buying.
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Is Agency’s Tight Relationship With Automakers Bad for Consumer Safety?
February 5, 2010
The widespread complaints about Toyota’s sticky accelerators are prompting criticism that federal regulators may be relying too heavily on automakers’ explanations and assurances. Much of this criticism is aimed at the National Highway Traffic Safety Administration (NHTSA).
According to the Washington Post:
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Featured Actions & Reports
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December 7, 2009
As world leaders gather in Copenhagen to discuss the challenges posed by climate change, Citizens for Responsibility and Ethics in Washington (CREW) today released a report revealing how the debate in Congress over climate change initiatives is being influenced by the people who made up President George W. Bush’s climate team.
CREW’s report, Smoke Screen: How Bush Insiders Distorted – And Still Influence – America’s Debate Over Climate Change, profiles many of these former Bush officials and the roles they are now playing on behalf of oil, gas, mining and other powerful energy interests.
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November 25, 2009
CREW received a response from the Centers for Control and Prevention (CDC) denying CREW’s request for expedition of its Freedom of Information Act (FOIA) request seeking all records related to the agency’s policies, protocols, and practices for distributing the H1N1 vaccine.
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November 17, 2009
CREW has filed a lawsuit against the Board of Governors of the Federal Reserve System, challenging the Board’s failure to produce records in response to CREW’s FOIA request for records that identify the recipients of financial assistance the Board has provided in the last six months, as well as the amount each institution received and the terms of the assistance. In the past two years, the Board has provided more than $2 trillion in loans and assistance in response to the ongoing financial and economic crisis.
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November 10, 2009
CREW filed Freedom of Information Act requests with the U.S. Department of Health and Human Services (HHS) and the Centers for Disease Control and Prevention (CDC) seeking documents related to the policies and practices the agency is following with respect to the distribution of the H1N1 vaccine.