By
Russ Baker on Oct 5, 2009
The New York Times lead story describes how a series of private equity firms managed to repeatedly flip the venerable Simmons mattress company, earning themselves huge profits while the company became increasingly mired in debt and ultimately forced into bankruptcy and massive layoffs, with ordinary...
By
Russ Baker on Sep 18, 2009
Conservative activists and talk show hosts, continuing a crusade begun during the presidential campaign, have been calling for their compatriots to dig up dirt on appointees and beneficiaries of Obama administration funding. The result has been an effort by the Democrats to quickly blunt any controversy by...
By
David V. Johnson on Jul 29, 2009
[Updates below – Ed.]
As the Obama administration attempts to overhaul the nation’s health care, energy, and financial sectors, it faces the growing leverage of the Blue Dog Coalition—the conservative, fifty-two-member faction of the House’s Democratic caucus—to moderate, or obstruct, its...