by Michael Beller | Apr 15, 2010 | Business & Tech
WASHINGTON — Sen. Tom Harkin doesn’t want Americans to worry if the food in their pantries is safe. He’s working to expand the inspection powers of the Food and Drug Administration, but he’s also taking steps to ensure small farmers retain their autonomy. A...
by Michael Beller | Apr 13, 2010 | Business & Tech
WASHINGTON — Seven failures in six years. That’s how many times one restaurant was allowed to violate seafood-handling procedures before the Food and Drug Administration was able to file an injunction and get the establishment closed. A food-safety bill...
by Michael Beller | Apr 7, 2010 | Business & Tech
WASHINGTON—Alan Greenspan defended the end of his tenure as Chairman of the Federal Reserve before the Financial Crisis Inquiry Commission Wednesday. Greenspan has taken a lot of heat, as he oversaw the Fed while securitization and mortgage-backed securities,...
by Michael Beller | Apr 7, 2010 | Topics
WASHINGTON — Citigroup management ignored an internal warning that most of the mortgages it was selling were defective, a former executive testified Wednesday. Former executives at Citigroup Inc. and New Century Financial Corp. told the Financial Crisis Inquiry...