MORNING READS: -The Center for Public Integrity reports that - TopicsExpress



          

MORNING READS: -The Center for Public Integrity reports that “a Russian bank targeted with sanctions by President Obama over the Ukraine crisis, has hired two former U.S. senators to lobby against those sanctions.” -Countrywide Financial — and Bank of America, which picked up the pieces after Countrywide went belly up — racked up more than $70 billion in fines for its subprime lending. But Bloomberg News Max Abelson reports that former Countrywide CEO Angelo Mozilo is “baffled” by the public’s outrage. -The New Republics Alec MacGillis thinks Eric Cantor, who took a cushy job at a Wall Street investment house this week, could have held out for a higher bidder given that no one “has made more of an effort over the years to endear himself to big financial employers than has Eric Cantor.” Those stories and others, in our Morning Reads.
Posted on: Wed, 03 Sep 2014 14:01:30 +0000

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