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Newspaper
Garden City Telegram
Location
Garden City, Kansas, United States of America
Date
Jan 05, 2009
Page
8
Forecast shows increasing clouds and breezy tonight with northeast winds 12 to 25 mph and humidity around 55 percent. Tomorrow brings more clouds sun and 12 to 25 mph north-northwest winds with 3 to 6 hours of sun and humidity near 40 percent. Partly cloudy tomorrow night with west-southwest winds 7 to 14 mph and humidity around 65 percent. Soil temperature noted yesterday.
The withdrawal of New Mexico Governor Bill Richardson from consideration for commerce secretary leaves an unexpected vacancy in Barack Obama’s Cabinet. Richardson said the probe would delay urgent economic work and he chose to withdraw to avoid delaying the stimulus effort. Obama praised him and pledged to fill the post promptly.
Washington AP report details a Financial Services Committee hearing on why the SEC failed to detect Bernard Madoff's alleged $50 billion Ponzi scheme despite warnings dating back to 1999. Witnesses include SEC inspector general H. David Katz and SIPC president Stephen Harbeck as lawmakers seek to understand agency gaps and interagency communication.
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