Bill Moyers exposes Washington’s revolving door

Last Friday, LittleSis got a fantastic mention from veteran reporters Bill Moyers and Michael Winship on Salon.com. You know Bill Moyers from his excellent Sunday interview show, Bill Moyers Journal. The Senate Finance Committee will be voting on Sen. Max Baucus‘ health reform bill tomorrow and the healthcare lobby has been doing its job overtime …

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Health care industry says bill will raise insurance costs

President of America’s Health Insurance Plans Karen Ignagni claims the current health bill would make premiums go up, providing ammunition for Republicans against the reform. (NYT) In a letter to House Republican leader John Boehner, Obama aide Larry Summers defends the stimulus plan. (WSJ) Senator Carl Levin says Obama should seek the support of the …

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Mixed reactions to Obama winning peace prize

President Obama wins the Nobel Peace Prize for his contribution to international diplomacy. (Reuters) Senate Majority Leader Harry Reid says the Senate Finance Committee will vote on their health bill next Tuesday, then pass it along to the full Senate soon. (NYT) Health industry giants like Karen Ignagni, president of America’s Health Insurance Plans, who …

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CBO says health bill will actually cut deficit

After President Obama’s assertion that health care overhaul wouldn’t raise the nation’s deficit a dime, Sen. Max Baucus’ health bill gets a go-ahead from the Congressional Budget Office. (WSJ) As Pay Czar Kenneth Feinberg attempts to reign in executive compensation, he could take some lessons from Merrill Lynch. (NYT) Rep. Barney Frank‘s plan to overhaul …

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Google: The world’s search engine

I spent last week investigating Apple for our project Who’s Behind the Bay Area’s Top Ten Companies?, which we’ve posted as a pitch on Spot.us. Good thing I researched Apple — number eight on our list of the Bay Area’s top 10 companies — because I’ve spent this week probing Google and there are a …

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Key Republicans endorse current health bill

Surprisingly, Obama’s health reform bill has garnered support from key GOP members like former Sen. Bill Frist, California Gov. Arnold Schwarzenegger, New York City Mayor Michael Bloomberg and Medicare chief Mark McClellan. (WaPo) As Baucus’ health bill is looked over the Congressional Budget Office, key members of the Senate Finance Committee still have concerns about …

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Bush health secretary endorses Senate bill

Former George W. Bush health secretary and current lobbyist Tommy Thompson endorses the Senate Finance Committee’s health plan. (NYT) The Senate Finance Committee is awaiting an analysis of their health bill by the Congressional Budget Office before sending it to the Senate, hopefully by next week. (Reuters) Insurers and hospitals are fighting the latest incarnation …

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Treasury may have misled public last year

A special report released today alleges the Treasury Department made misleading statements to the public last fall about how TARP money was being funneled. (NYT) Goldman Sachs may get a $1 billion kickback if CIT Group fails because of $3 billion in rescue money it gave to CIT in June 2008. (Reuters) After Ken Lewis …

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Apple: Silicon Valley’s staple

Apple is next in our series on our latest project, Who’s Behind the Bay Area’s Most Powerful Companies?, which Kyle and Matthew have kicked off with posts on Chevron, McKesson, and Hewlett Packard.  The project is being funded by our pitch on Spot.us. It’s no secret that Silicon Valley has a cutthroat employment cycle. Companies …

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Obamas make last bid for Chicago 2016 Olympics

President Obama and First Lady Michelle Obama made their case today in Copenhagen to have the 2016 Olympics in Chicago. (Reuters) The Wall Street Journal argues that the economic benefits of hosting the Olympic games are minimal. (WSJ) The Senate Finance Committee worked well after midnight yesterday to polish the amendments to Sen. Max Baucus‘ …

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Congress may vote on Baucus bill next week

Sen. Max Baucus‘ final hurdle with the Senate Finance Committee will be to figure out how to pay for health reform. (Bloomberg) Bank of America CEO Ken Lewis will resign in December, leaving the board to scramble for a successor. (Reuters) A bill sponsored by Sens. Chuck Schumer and Arlen Specter would protect journalists from …

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Public option rejected by Senate Finance Committee

Two proposals for a public health option from Sens. Chuck Schumer and Jay Rockefeller are shot down yesterday. (NYT) Rebuilding the FDIC‘s reserve funds may cost top banks $10 billion a piece. (Bloomberg) CEO Jamie Dimon shuffles around his top execs at JP Morgan Chase. (FT) Hartford taps Liam McGee for its top post, a …

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