Archive
Are Goldman's 'Big Short' Denials Short on Persuasiveness?
Goldman Sachs dd nothing illegal in shorting the market, but it has a lot of persuading to do if it expects people to believe it wasn't happy to see the housing market tank.
After the SEC's Goldman Suit, Other Banks Being Scrutinized
Reports about Deutsche Bank's CDO deals with Paulson & Co. raise disclosure issues like those for which the SEC sued Goldman Sachs. But Deutsche Bank says its situation was different.
Senate Dems to Deny Buffett's Derivatives Exception
Though Warren Buffett has long argued about the danger of derivatives, he has pushed to exempt existing deals from proposed new regulations on such contracts. But his efforts to win such an exemption are reported to have failed.
T. Christian Miller Interview: The People Behind the Numbers
ProPublica's T. Christian Miller talks about the two parts of his award-winning report "Disposable Army." First came a two-year quest for federal data on civilian war contractors. Then came a search for the faces behind the statistics.
Buffett, a Longtime Derivatives Critic, Lobbies for an Exemption
In 2003, Warren Buffett called derivatives "financial weapons of mass destruction." But as Congress considers financial reform, he is now trying to have his company's derivatives portfolio grandfathered in.
New York Puts Brakes on Drilling in NYC Watershed, Clears Way for Upstate Wells by Next Spring
State environmental officials said their controversial environmental review of natural gas drilling in New York's Marcellus Shale would not apply to drilling inside New York City's 1,900-square-mile watershed, effectively banning hydrofracturing operations there.
Is the SEC Porn Story a New Problem, or Political Ploy?
Reports that SEC employees viewed porn at work, while the economy was collapsing, aren't new, but the "new" reports seem curiously timed to efforts to criticize SEC oversight.
Colleague Says Anthrax Numbers Add Up to Unsolved Case
A colleague says Bruce Ivins, whom the FBI named as the person who mailed anthrax-laden letters in 2001, could not have grown enough spores for the attacks, calling that feat "impossible."
Ex-Regulator Says Lincoln's Derivatives Bill Not Perfect, but Is 'Superior' to Others
A former commodities regulator says a bill now moving through the Senate to limit some derivative products isn't perfect, but would allow regulators to stop selling products that were little more than financial gambling, and would require others to be traded on a more transparent exchange.
Interviews With ProPublica Reporters
Here's where ProPublica reporters are appearing in the coming days.
Schwarzenegger Loses Bid to Fix Oversight of Health Care Professionals
A bill to alert California regulators to dangerous or incompetent health care workers died in a legislative committee .The measure would have standardized the disciplinary process for the state’s 1 million licensed health care professionals, including dentists, psychologists, chiropractors and others monitored by more than a dozen boards.
ProPublica Wins National Magazine Award
Sheri Fink's Katrina article "The Deadly Choices at Memorial" won the National Magazine Award for Reporting. It was the latest prize the article, published with the New York Times Magazine, has garnered.
ProPublica Wins Overseas Press Club Award
ProPublica's T. Christian Miller along with Doug Smith of The Los Angeles Times and freelance journalist Pratap Chatterjee received the Overseas Press Club's Online Journalism Award for "best web coverage of international affairs" for their Disposable Army series.
The Homeowners Whose Loss Was Paulson's $1 Billion in Gain
The Wall Street Journal found the borrowers whose home mortgages were the underlying collateral in Goldman Sachs' Abacus deal, the CDO that is now the subject of the SEC's civil-fraud charges against Goldman.
