David R. Sands
Articles by David R. Sands
Chess masters defy drug testing
By attacking one of the kings of the game, the world's chess bureaucrats have backed themselves into a corner. Published January 7, 2009
House rule changes squander good will
The spirit of bipartisan cooperation didn't survive the first day of the 111th Congress as House Democrats pushed through a package of rule changes Tuesday that the furious Republican minority said trampled their traditional rights to affect legislation. Published January 7, 2009
Madoff scheme may hurt investor protection fund
The industry-financed fund that protects investors from securities fraud will be stretched badly by the $50 billion scandal involving Wall Street investing legend Bernard Madoff and may need a federal bailout, the head of the Securities Investor Protection Corp. said Monday. Published January 6, 2009
Congress digs into Madoff scandal today
Congress gets its first crack today at the $50 billion financial fraud involving Wall Street investing legend Bernard Madoff, with Democrats vowing to use the scandal to spur an overhaul of the government's financial regulatory system. Published January 5, 2009
Labor’s ‘priority’ on back burner
Labor unions invested heavily in Barack Obama's presidential victory, but the return on their investment may be awhile in coming. Published December 29, 2008
Bailout funds face major hurdles
Under fire from the left and the right, Treasury Secretary Henry M. Paulson Jr. has a tough fight and few allies as he seeks congressional approval to top off the tank with the second $350 billion from the federal bailout fund. Published December 21, 2008
Liberals lobbying for stimulus plan
A broad coalition of liberal, environmental and labor groups Thursday announced plans to spend up to $5 million to lobby Congress on a massive new economic stimulus plan that would be ready for President-elect Barack Obama to sign the day he takes office Jan. 20. Published December 19, 2008
Coalition spends big for stimulus blitz
A broad coalition of liberal, environmental and labor groups Thursday announced plans to spend up to $5 million to lobby Congress on a massive new economic stimulus plan that would be ready for President-elect Barack Obama to sign the day he takes office Jan. 20. Published December 18, 2008
Madoff scheme hits Jewish charities hard
UPDATED: The collapse of Wall Street legend Bernard L. Madoff's investment empire has generated scandal, bankruptcy, financial panic - and some socially awkward situations. Published December 17, 2008
Illinois rivals Louisiana for most corrupt state
Revelations this week that Illinois Gov. Rod R. Blagojevich and his chief of staff have been charged with trying to sell the Senate seat of President-elect Barack Obama have sparked a perverse debate over which state is the nation's most corrupt, with partisans rushing to defend the (dis)honor of their native lands. Published December 12, 2008
Lawmakers spar over bailout breakdown
Senate Banking Committee Chairman Christopher Dodd Friday urged the White House to act immediately to free up billions of dollars to bail out Detroit's Big Three, a day after the Senate killed a rescue package for the beleaguered car companies. Published December 12, 2008
‘Most corrupt state’ title now in question
Take that, Louisiana. Published December 11, 2008
Bush, Democrats OK $15 billion for Big 3
The White House and senior congressional Democrats reached an agreement on the outlines of a $15 billion taxpayer bailout plan for troubled Detroit automakers General Motors Corp. and Chrysler LLC. Published December 10, 2008
Rush opposes Durbin’s call
Rep. Bobby Rush, a leading black lawmaker from Chicago, said Tuesday he opposed a special election to fill the Illinois Senate seat of President-elect Barack Obama, saying the process would take too long and would leave minority candidates at a disadvantage in the race to replace the Senate's only African-American. Published December 9, 2008
UPDATED: Hopes dim for quick auto rescue
UPDATED: The Senate's top Republican poured cold water on plans for a $15 billion taxpayer bailout of Detroit's Big Three on Tuesday, as his Democratic counterpart said hopes for quick passage of the emergency funding bill appeared to be slipping away. Published December 9, 2008
$15 billion auto bailout goes to White House
Congressional Democrats on Monday delivered to the White House an emergency $15 billion taxpayer bailout of Detroit's beleaguered Big Three automakers. Published December 9, 2008
Frank says auto deal could be made today
Rep. Barney Frank, House Financial Services chairman, predicted Monday that a deal for a short-term bailout of the auto industry could be struck by the end of the day, with one last funding issue still to be resolved. Published December 8, 2008
Obama’s NSC selection admired by both sides
Tall, square-shouldered and square-jawed, James L. Jones looks like central casting's version of exactly what he is: a straight-talking, straight-shooting Marine. Published December 7, 2008
Bush prods Congress for Big Three bailout
President Bush, acknowledging for the first time publicly that the economy has slipped into a recession, Friday urged Congress to pass a federal rescue plan in the next week to prevent Detroit's Big Three from failing. Published December 6, 2008
Jobs report aids Big Three’s bailout case
Detroit's Big Three automakers received a marginally warmer reception Friday on the second day for their Capitol Hill lobbying blitz for a federal bailout, boosted by a new jobs report that showed the nation's economic plight worsening by the day. Published December 5, 2008
