WASHINGTON – Executives from rating agencies Standard & Poor’s and Moody’s Investors Service are scheduled to testify on Wednesday on attempts to reform the credit rating industry and the role it is playing in the U.S. debt ceiling debate. A House Financial Services subcommittee said on Tuesday Deven Sharma, president of McGraw-Hill Cos Inc unit [...]
President Barack Obama announced Wednesday that he is nominating Michael Walter Fitzgerald to serve as a judge on the federal court for the Central District of California. Fitzgerald is the fourth openly gay judicial candidate Obama has nominated. “I am honored to nominate Michael Walter Fitzgerald to the United States District Court,” Obama said in [...]
By Jane Jackson Documents recovered from Osama bin Laden’s compound in Pakistan show that al Qaeda spoke of attacking President Barack Obama and Gen. David Petraeus, a source familiar with the materials recovered from the compound said Friday. The documents refer to an attack that would destroy the aircraft carrying Obama and Petraeus in the [...]
French President Nicolas Sarkozy upon Friday rebuffed critique of Europe’s part within the Libyan battle by outgoing Defense Assistant John Entrance, saying Washington’s partners were “doing the work“. The actual spat may be the newest manifestation of stress among NATO partners in their marketing campaign in order to oust Muammar Gaddafi, along with Great britain, [...]
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