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Archive for November 15th, 2008

Convicted Sen. Ted Stevens Continues to Slip in Vote Count

Sen. Ted Stevens lost his criminal trial. Could he now lose his seat in the Senate after 40 years? It looks like it could happen.

Sen. Ted Stevens/official photo

Sen. Ted Stevens/official photo

By SEAN COCKERHAM
Anchorage Daily News
ANCHORAGE — Alaska Sen. Ted Stevens is in grave danger of losing re-election after Mark Begich widened his lead to 1,022 votes Friday.
More than 90 percent of the votes are now counted, and Friday’s count of absentee and questioned ballots could have been Stevens’ best chance to make a comeback. That’s because it included all the ballots left from the Matanuska-Susitna Borough, where Stevens has enjoyed his most unwavering support.
There are about 24,000 ballots left to be counted, coming from Anchorage, Southeast Alaska and the Kenai Peninsula. The state will tally them all Tuesday.
For Full Story

Former FBI Agent Charged in Vegas With Hammer Slaying

A former FBI agent finds himself on the wrong side of the bars.

By Adrienne Packer
Las Vegas Review-Journal
LAS VEGAS — A former federal agent arrested in the death of a woman who was beaten with a hammer Thursday was once an agent with the organized crime division in the Las Vegas FBI office, a source said Friday.
Edward Preciado-Nuno, 61, was booked into the Clark County Detention Center early Thursday on suspicion of murder with a deadly weapon.
For Full Story

Tough Fed Prosecutor Nominated to Oversee $700 Billion Bailout

With the endless stories of corporate parties and huge bonuses on Wall Street, it’s no wonder the American people are skeptical about the $700 billion bailout. Will Neil Barofsky be enough to pacify the skeptics?

By Amit R. Paley
Washington Post Staff Writer
WASHINGTON — Neil M. Barofsky, who was nominated yesterday to be the chief watchdog of the $700 billion bailout program, has spent his career as a federal prosecutor going after everyone from perpetrators of esoteric multibillion-dollar accounting frauds to South American drug lords with names such as “El Gordo” and “Matador.”
“He has stared down international drug traffickers,” said Roberto Finzi, a close friend and former colleague, “so he ought to be able to stare down investment bankers.”
The nomination comes amid growing concern over lack of oversight of the unprecedented bailout program, which is supposed to be scrutinized by two new independent bodies: a special inspector general and a congressional oversight panel.
For Full Story