(10 am. – promoted by ek hornbeck)
Saturday morning on Up with Chris Hayes, Up host, Chris Hayes discussed what we have learned this week with panel guests Amy Davidson, senior editor at the New Yorker; Goldie Taylor, contributor to Grio.com and MSNBC; Michael Hastings, contributing editor to Rollingstone; and Michael Moynihan, cultural news editor for Newsweek and the DailyBeast.
Is BofA’s Foreclosure Review Really Independent? You Be the Judge
by Paul Kiel at Pro Publica
Late last year, the country’s bank regulators launched a massive program to evaluate millions of foreclosure cases and compensate homeowners who fell victim to the banks’ flawed or illegal practices. Regulators dubbed it the “Independent Foreclosure Review” to emphasize that the banks would not be making key decisions about loans they had made or serviced.
But a raft of evidence – internal Bank of America memos and emails obtained by ProPublica, interviews with two bank staff members who have worked on the review, and little-noticed documents released late last year by a federal banking regulator – throw the independence of the review into serious doubt. Together, they indicate that Bank of America – the financial giant with the largest number of homeowners eligible for the program – is performing much of the work itself.
Mitt Romney, On 60 Minutes, Cites Emergency Room As Health Care Option For Uninsured
by Amanda Terkel and Sam Stein at Huffington Post
Downplaying the need for the government to ensure that every person has health insurance, Mitt Romney on Sunday suggested that emergency room care suffices as a substitute for the uninsured. [..]
This constitutes a dramatic reversal in position for Romney, who passed a universal health care law in Massachusetts, in part, to eliminate the costs incurred when the uninsured show up in emergency rooms for care. Indeed, in both his book and in high-profile interviews during the campaign, Romney has touted his achievement in stamping out these inefficiencies while arguing that the same thing should be done at the national level.
Report Describes How Armstrong and His Team Eluded Doping Tests
by Ian Austen at The New York Times
An explanation emerged Wednesday, when the United States Anti-Doping Agency released its dossier on Armstrong, citing witness testimony, financial records and laboratory results. Armstrong was centrally involved in a sprawling, sophisticated doping program, the agency said, yet he employed both cunning and farcical methods to beat the sport’s drug-testing system.
The report also introduced new scientific evidence that the agency said suggested Armstrong was doping the last two times he competed in the Tour de France.
Mitt Romney’s Bain Made Millions On Big Tobacco In U.S., Russia
by Jason Cherkis and Zach Carter at Huffington Post
As the Soviet Union splintered in the early-1990s, Sushovan Ghosh packed his colleagues into a van and chugged across the collapsing nation, hitting depressed towns and famished cities, busted up factories and lonely kiosks. In each ragged destination, they stopped long enough to interview cigarette smokers.
Ghosh plied the citizenry with free cigarettes and, sometimes, McDonald’s hamburgers. [..]
Ghosh’s work for cigarette companies was chaotic, unbridled and, ultimately, deadly. To Mitt Romney and his colleagues at Bain & Co., it was a chance to rake in money. Ghosh said he reported directly to Romney, who was excited about the Russian market. “He was my boss,” Ghosh said.
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