Top officials seek robust new control over financial firms
Washington officials urged unprecedented powers to regulate or seize large nonbank financial firms to avert systemic collapse. Geithner and Bernanke testified on AIG fallout, backing stronger oversight as Dow climbs on a public private plan to buy up to 1 trillion in bad loans. Obama said Congress must be convinced, with details to come. The government has committed over 180 billion in bailout funds and owns about 80 percent of AIG.
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Timothy Geithner
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Obama
AIG
U.S
Supreme Court split over Hillary The Movie case
The Supreme Court heard Citizens United v FEC with justices divided over treating Hillary The Movie as a political ad or a protected documentary. Some justices urged regulation as campaign advocacy while others argued it infringes free speech and warned of broader bans.
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Samuel Alito
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Hillary
Robert Novak
Ann Coulter
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Machiavellian
Afghan TV chief arrested over salacious content
Fahim Khodarmani of Emrase TV was arrested amid Afghanistan’s clash over Islam’s role in media after Taliban era bans. The case follows prior censure of stations and legal action, highlighting ongoing tension between press freedom and conservative norms in a country where women’s dress remains strictly regulated.
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Fahim Khodarmani
U.S
Taliban
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Ore Ey Ee
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Bedmartine.com
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