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Edolphus Towns

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  • 4 House members got Countrywide VIP loans, Rep. Darrell Issa says [Updated]

     
    Countrywide VIP loans: Four current House members received Countrywide VIP loans, Rep. Darrell Issa told the House Ethics committee.
  • AIG shares soar on hopes for easing of bailout terms

     
    Speculators are stoking another big run in American International Group shares today, on word that former Chief Executive Hank Greenberg???s ideas for restructuring the U.S. rescue of the firm will get another hearing. From Bloomberg News: Rep. Edolphus...

    Wall Street bonuses: where's the outrage?

     
    Except for Michael Moore, whose new movie posits that capitalism is one big Ponzi scheme, the news Wednesday that banks are thriving and that Wall Street analysts are in line for big bonuses this year seemed to land with all...

    Should Mechanics Have a 'Right to Repair?'

     
    As automotive technology advances and becomes more specialized, some independent mechanics feel as if automakers are trying to monopolize repair services at their dealerships. This has led to congressional action in the form of the Right to Repair Act....

    Bill would limit NHTSA officials’ moves to auto industry

     
    The U.S. Senate will consider new legislation aimed at limiting federal auto safety officials from working for the automakers they regulate, the first in what is expected to be a series of bills provoked by Toyota Motor Corp.’s sudden acceleration...