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May 20, 2010
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Financial Reform Bill Passes in Senate, 59-39

by abc News - May 20,2010

ABC News' Vic Ratner reports: A sharply divided Senate passed one of the president’s top priorities -- a massive overhaul of the rules for Wall Street. The vote 59-39; mostly along party lines. Senate Democratic leader Harry Reid called ... [full story]

Six Charged With Wire Fraud Based on $20 Million Mortgage Fraud Scheme

by PR Newswire - May 20,2010

SAN DIEGO, May 20 /PRNewswire-USNewswire/ -- A 10-count indictment has been unsealed charging six individuals with conspiracy to commit wire fraud and wire fraud, announced U.S. Attorney Karen P. Hewitt. The defendants are charged with submitting false and fraudulent mortgage ... [full story]

Senate Republicans Balk at Raising Oil Companies' Spill Liability

by Reuters - May 20,2010

President Barack Obama said Tuesday he was disappointed that a measure to lift limits on oil firm liability for spills had stalled in the U.S. Senate, and blasted Republicans he said had stopped it. "I am disappointed that an ... [full story]

Hurricane season may make spill worse

by USATODAY.com - May 20,2010

As hurricane season looms, forecasters, scientists and residents along the Gulf Coast worry that a major storm could make the oil spill worse. The National Oceanic and Atmospheric Administration says a hurricane, or a succession of them, may bring ... [full story]

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