Senate bracing for a ‘hard slog’ on stimulus bill

Democrats admit it’s going to be a tough fight to get President Obama’s economic stimulus plan passed with bipartisan support, but they are optimistic it can be done. On Thursday night, Senate Majority Leader Harry Reid, D-Nevada, said it is going to be a “long, hard slog” with “late nights” after the $900 billion bill comes to the Senate floor Monday night

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Can the SEC Be Sued for Failing to Catch Madoff?

The SEC internal-investigation report released on Wednesday points a clear finger of blame at the agency, stating that SEC investigators missed multiple opportunities to discover Bernard Madoff’s criminal activities. But while the report hammers the SEC for repeated instances of incompetence, it stops well short of declaring the SEC liable

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