Topics
Administration
Congress
Democrats
Elections
Ethics
Governor -- Alabama
Governor -- Alaska
Governor -- Arizona
Governor -- California
Governor -- Colorado
Governor -- Connecticut
Governor -- Delaware
Governor -- Florida
Governor -- Georgia
Governor -- Hawaii
Governor -- Illinois
Governor -- Indiana
Governor -- Iowa
Governor -- Kentucky
Governor -- Louisiana
Governor -- Maryland
Governor -- Massachusetts
Governor -- Michigan
Governor -- Minnesota
Governor -- Missouri
Governor -- Montana
Governor -- Nevada
Governor -- New Hampshire
Governor -- New Jersey
Governor -- New Mexico
Governor -- New York
Governor -- North Carolina
Governor -- North Dakota
Governor -- Ohio
Governor -- Oregon
Governor -- Pennsylvania
Governor -- Rhode Island
Governor -- South Carolina
Governor -- Texas
Governor -- Utah
Governor -- Vermont
Governor -- Virginia
Governor -- Washington
Governor -- Wyoming
Governors
Health Care
House
House -- Alabama -- 02
House -- Alabama -- 03
House -- Alabama -- 05
House -- Alaska
House -- Arizona -- 01
House -- Arizona -- 03
House -- Arizona -- 05
House -- Arizona -- 08
House -- Arkansas -- 01
House -- Arkansas -- 02
House -- California -- 04
House -- California -- 12
House -- California -- 26
House -- California -- 32
House -- California -- 50
House -- Colorado -- 02
House -- Colorado -- 04
House -- Connecticut -- 04
House -- Connecticut -- 05
House -- Florida -- 06
House -- Florida -- 08
House -- Florida -- 13
House -- Florida -- 15
House -- Florida -- 16
House -- Florida -- 18
House -- Florida -- 19
House -- Florida -- 21
House -- Florida -- 24
House -- Florida -- 25
House -- Georgia -- 05
House -- Georgia -- 10
House -- Georgia -- 12
House -- Idaho -- 01
House -- Illinois -- 01
House -- Illinois -- 03
House -- Illinois -- 05
House -- Illinois -- 06
House -- Illinois -- 10
House -- Illinois -- 11
House -- Illinois -- 14
House -- Illinois -- 18
House -- Indiana -- 03
House -- Indiana -- 07
House -- Indiana -- 09
House -- Iowa -- 03
House -- Iowa -- 04
House -- Kansas -- 02
House -- Kentucky -- 02
House -- Kentucky -- 03
House -- Louisiana -- 01
House -- Louisiana -- 02
House -- Louisiana -- 04
House -- Louisiana -- 06
House -- Maine -- 01
House -- Maryland -- 01
House -- Maryland -- 04
House -- Massachusetts -- 05
House -- Michigan -- 01
House -- Michigan -- 07
House -- Michigan -- 09
House -- Michigan -- 13
House -- Minnesota -- 01
House -- Minnesota -- 03
House -- Minnesota -- 06
House -- Mississippi -- 01
House -- Mississippi -- 03
House -- Missouri -- 09
House -- Nevada -- 02
House -- Nevada -- 03
House -- New Hampshire -- 01
House -- New Hampshire -- 02
House -- New Jersey -- 03
House -- New Jersey -- 05
House -- New Jersey -- 07
House -- New Mexico -- 01
House -- New Mexico -- 02
House -- New York -- 13
House -- New York -- 15
House -- New York -- 20
House -- New York -- 21
House -- New York -- 23
House -- New York -- 24
House -- New York -- 25
House -- New York -- 26
House -- New York -- 29
House -- North Carolina -- 03
House -- North Carolina -- 08
House -- North Carolina -- 10
House -- North Dakota
House -- Ohio -- 01
House -- Ohio -- 02
House -- Ohio -- 05
House -- Ohio -- 07
House -- Ohio -- 10
House -- Ohio -- 15
House -- Ohio -- 16
House -- Oklahoma -- 05
House -- Oregon -- 05
House -- Pennsylvania -- 03
House -- Pennsylvania -- 04
House -- Pennsylvania -- 06
House -- Pennsylvania -- 10
House -- Pennsylvania -- 11
House -- Pennsylvania -- 12
House -- Pennsylvania -- 15
House -- South Carolina -- 01
House -- South Carolina -- 02
House -- South Carolina -- 05
House -- South Dakota
House -- Tennessee -- 07
House -- Tennessee -- 08
House -- Tennessee -- 09
House -- Texas -- 07
House -- Texas -- 10
House -- Texas -- 14
House -- Texas -- 22
House -- Utah -- 03
House -- Virginia -- 01
House -- Virginia -- 05
House -- Virginia -- 09
House -- Virginia -- 11
House -- Washington -- 08
House -- West Virginia -- 02
House -- Wisconsin -- 08
House -- Wyoming
Inauguration 2009
International
Issues
Judiciary
Local Elections
Media
Miscellaneous
Morning Thoughts
Politics Weekly
Polls
Rankings
Republicans
Senate
Senate -- Alaska
Senate -- Arizona
Senate -- Arkansas
Senate -- California
Senate -- Colorado
Senate -- Connecticut
Senate -- Delaware
Senate -- Florida
Senate -- Georgia
Senate -- Idaho
Senate -- Illinois
Senate -- Indiana
Senate -- Iowa
Senate -- Kansas
Senate -- Kentucky
Senate -- Louisiana
Senate -- Maine
Senate -- Massachusetts
Senate -- Minnesota
Senate -- Mississippi
Senate -- Missouri
Senate -- Montana
Senate -- Nebraska
Senate -- Nevada
Senate -- New Hampshire
Senate -- New Jersey
Senate -- New Mexico
Senate -- New York
Senate -- North Carolina
Senate -- North Dakota
Senate -- Ohio
Senate -- Oklahoma
Senate -- Oregon
Senate -- Pennsylvania
Senate -- South Carolina
Senate -- South Dakota
Senate -- Tennessee
Senate -- Texas
Senate -- Utah
Senate -- Virginia
Senate -- Wisconsin
Senate -- Wyoming
Sports
Supreme Court
WH 08
WH 08 -- Democrats
WH 08 -- Republicans
WH 12
WH 12 -- Republicans
White House

 

« Biden: Current Crisis "More Complicated" Than Great Depression | Blog Home Page | Pelosi Slows Down Talk Of Second Stimulus »

House Oversight Committee To Investigate Merrill Lynch

House Oversight Committee Chairman Edolphus Towns (D-N.Y.) announced today that he has instructed committee attorneys to begin an investigation into whether Merrill Lynch misled Congress about when it decided to award billions of dollars in bonuses.

New York Atty. Gen. Andrew Cuomo alleged yesterday that Merrill must have misled Congress in mid-November when it said it was waiting until the end of the year to decide on executive compensation. His reasoning comes from a March 3 deposition from Merrill's director and compensation committee chairman John Finnegan, who indicated a decision to pay bonuses before the end of the year had already been made by a Nov. 11 meeting.

"The Committee takes very seriously Attorney General Cuomo's allegation that Merrill Lynch provided misleading information to Congress regarding bonuses for its top executives," Towns said in a statement released today.

Towns also stated that the investigators will focus on two issues: "Did Merrill Lynch executives attempt to cover-up the decision to pay its top employees $5.8 billion in bonuses on the eve of its merger with Bank of America"; and "as a part of this cover up, did Merrill Lynch executives deliberately attempt to mislead this Committee in their November 24, 2008 letter, asserting that 'incentive compensation decisions for 2008 have not yet been made.'"