Articles Written by:    RUSSELL BERMAN     

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US watchdog's fate in the balance as supreme court rules on Sarbox legality

America’s accounting watchdog, the Public Company Accounting Oversight Board (PCAOB), could be altered or even scrapped after the US Supreme Court agreed to consider a lawsuit challenging the constitutionality of the 2002 law that created it. As the ...

From RUSSELL BERMAN IN WASHINGTON DC, VNUNet.com,  24 Jun 2009
Related Topics: U.S. Congress,  Competitive Enterprise Institute,  Mark Olson,  U.S. Senate,  Enron Corporation

'Fair value is not fair'

Abernathy, a former assistant treasury secretary in the Bush administration, argues that mark-to-market reporting distorts the value of assets that were not acquired for the purpose of reselling. This puts banks in particular at a distinct disadvantage. ...

From RUSSELL BERMAN, VNUNet.com,  26 Nov 2008
Related Topics: George W. Bush,  Barack Obama,  U.S. Republican Party,  U.S. Democratic Party

September 11 Health Bill Stalls; One Backer Blames City Hall

A leading backer of the push to secure nearly $11 billion for survivors of the September 11, 2001, terrorist attacks is blaming the Bloomberg administration for opposing a federal bill that stalled in the House of Representatives. Mayor Bloomberg ...

From RUSSELL BERMAN, The New York Sun,  30 Sep 2008
Related Topics: U.S. House of Representatives,  U.S. Democratic Party,  U.S. Republican Party

Passed by Congress, $25B Automaker Loan Bill Heads to Bush

The Big Three automakers in Detroit Ford, Chrysler, and General Motors lobbied aggressively for the loans, arguing to lawmakers that mounting losses had prevented them from accessing the private credit markets. Conservatives attacked the bill as a ...

From RUSSELL BERMAN, The New York Sun,  28 Sep 2008
Related Topics: U.S. Congress,  General Motors

At Debate, Biden Told: Ignore Palin

As Senator Biden prepares to face off against Governor Palin on Thursday night in the campaign's lone vice presidential debate, Democratic strategists have a few words of advice for the lawmaker of Delaware: Ignore the Alaskan. The Democratic ...

From RUSSELL BERMAN, The New York Sun,  28 Sep 2008
Related Topics: Sarah Palin,  Hillary Rodham Clinton,  U.S. Senate,  U.S. Democratic Party,  Rick Lazio

McCain To Hold Out for Bailout

WASHINGTON With the campaign's first debate in doubt, the arrival here of both presidential contenders brought chaos and confusion to the capital as a $700 billion bailout deal that appeared at hand broke down amid a flurry of bitter ...

From RUSSELL BERMAN, The New York Sun,  26 Sep 2008
Related Topics: John McCain,  Barack Obama,  White House,  Republican National Committee,  George W. Bush

Miss. Governor Expects Friday Night Debate

WASHINGTON The Republican governor of Mississippi said this afternoon that he expects tomorrow night's presidential debate to go on as planned in his state, despite a call from his party's nominee that the event be delayed because of the financial ...

From RUSSELL BERMAN, The New York Sun,  25 Sep 2008
Related Topics: John McCain,  Republican National Committee,  Barack Obama,  U.S. Congress

McCain Sets Off a High-Stakes Gamble

WASHINGTON Senator McCain's decision to suspend his campaign and call for the postponement of the first presidential debate tomorrow night is a high-stakes gamble that puts him front and center in the wrangling over a proposed $700 billion government ...

From RUSSELL BERMAN, The New York Sun,  25 Sep 2008
Related Topics: John McCain,  Barack Obama,  George W. Bush,  U.S. Democratic Party,  U.S. Republican Party

Clintons Raise Visibility, Promote ... Clintons

WASHINGTON Americans turning on the television the last couple of days could be forgiven if they thought the calendars had been turned back: On every channel, it seemed, were the Clintons. President and Senator Clinton have conducted at least 10 ...

From RUSSELL BERMAN, The New York Sun,  24 Sep 2008
Related Topics: Barack Obama,  David Letterman,  MSNBC,  U.S. Congress,  The View

Biden Vouches for Obama's Support of Israel

WASHINGTON Senator Biden delivered a heartfelt endorsement of Senator Obama's commitment to Israel here yesterday, telling an audience of Jewish Democratic activists that he would not have joined the party's ticket if he were not convinced of Mr. Obama' ...

From RUSSELL BERMAN, The New York Sun,  23 Sep 2008
Related Topics: Barack Obama,  John McCain,  U.S. Republican Party,  George W. Bush

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