Reid and Pelosi announce their six appointees to a latter-day Pecora Commission to probe the origins of the financial crisis.
Late Update: McConnell and Boehner are out with their appointees, too.
Bamboozling Sinclair Broadcasting apparently near bankruptcy.
Lots of developments today in the negotiations over health care reform and the political push to get this done. President Obama will be speaking momentarily as part of the White House media campaign to pressure Congress. Brian Beutler is tracking things closely for us at TPMDC.
More on how this is looking from TPM Reader JL, from the financial services industry …
Thanks David for posting the members of the commission that will investigate the financial crisis.
Not telling you anything you don’t know, but it looks like this will come down to Brooksley Born vs. Peter Wallison. Born, of course, was the former head of CFTC who argued vehemently that her agency should regulate derivatives, an idea that was deep-sixed by Bob Rubin with an assist from Larry Summers. Wallison is the AEI scholar who promoted the canard that Fannie and Freddie are the prime culprits in the subprime fiasco. Should be interesting. I’d put the odds of a consensus report coming out of the commission at about zero.
Get your live Sotomayor confirmation blogging here, from appellate attorney Andrew Pincus.
Slideshow: Obama Throws Out First Pitch at All-Star Game.
As you may know, at the end of last month, we put out listings for seven new editorial staff positions. (See the full listings here.) So I wanted to give people a quick update.
To date we’ve received a little over 250 applications for those seven positions. And we are definitely still taking applications. Collectively speaking, they’re definitely the best group of applications for any jobs we’ve advertised for before. And all that from the single post on TPM.
More details on where we are in the process after the jump … Read More
Colbert demands his turn as Olbermann’s “Worst Person In the World.”