Which Way, L.A.?
Finance Reform in DC; Goldman Sachs and the Campaign for Governor
Meg Whitman, now running for Governor, was the CEO of eBay, which she calls "a Main Street company." What about her ties to Wall Street and Goldman Sachs? Also, Apple and the stolen iPhone. On our rebroadcast of To the Point, with voters outraged about Wall Street's perceived role in the financial crisis, Democrats and Republicans appear to be playing "chicken" with finance reform.
Unparalleled campaign spending has made former eBay CEO Meg Whitman the leading Republican candidate for Governor of California. Have special favors from Goldman Sachs come back to haunt her? Also, the stolen iPhone prototype and Apple's clout with local police. On our rebroadcast of today's To the Point, with voters outraged about Wall Street's perceived role in the financial crisis, Democrats and Republicans appear to be playing "chicken" with finance reform. We look at the likely product of sausage-making in an election year.
Banner image: Meg Whitman speaking at an event in Redwood City California on April 23. Photo: Eric Draper/Meg Whitman for Governor 2010
In this episode
3 storiesFinance Reform: Public Anger and Partisan Politics
Yesterday, all the Senate Republicans and one Democrat voted not to allow a finance reform bill to go to the floor for debate. They claim they're trying to make improvements before they vote on the measure itself.
Read the story28 minMeg Whitman and Goldman Sachs
In 2002, a Congressional Committee released a list of top corporate executives who had received personal investment offers from Goldman Sachs, which wanted to do business with their companies. Making such offers, called "spinning," is now illegal. Meg Whitman, then CEO of eBay, was also on Goldman's Board.
Read the story16 minDid Gizmodo Break the Law or Commit Good Journalism?
Last week, the high-tech website Gizmodo posted pictures and video of an iPhone prototype not yet on the market. When Gizmodo blogger Jason Chen came home Friday night, he found that law enforcement agencies had broken into his home , backed by a search warrant.
Read the story9 min