Hundreds of millions of dollars in mortgage-fraud settlements from JPMorgan Chase & Co. and other banks are providing a windfall to state attorneys general -- and creating a new class of political winners and losers.
Billionaires Alice Walton, George Soros and Marc Benioff are helping to finance a super-political action committee encouraging former U.S. Secretary of State Hillary Clinton to run for president, according to a report filed yesterday with the Federal Election Commission.
A spat in New York state over $613 million in settlement money from JPMorgan Chase & Co. raises a question much larger than local politics: Should law enforcement officials be allowed to do what they want with the money they extract from suspects and defendants?
Manhattan Borough President Scott Stringer fought off Eliot Spitzer in the Democratic primary for New York City comptroller, halting the former governor’s attempted comeback from a prostitution scandal.
Eliot Spitzer promises that if he gets elected New York City comptroller, he’ll shake up the office, using about $80 billion in pension stock holdings to keep corporations well-managed and socially responsible.