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MP predicts worst Labour elections ever
Johnson warns of disaster for Labour on election nightAlan Johnson, the cabinet minister widely tipped as a successor to Gordon Brown, prepared Labour for disaster at the polls as he predicted it would suffer the worst local and European election results in its history.In a candid admission last night, the health secretary said he expected all three mainstream parties to do 'badly' in Thursday's polls. But he believed that Labour would be hit hardest by the overwhelming tide of public anger over the MPs' expenses scandal. Raising his profile as a future leadership contender, he told the Observer: 'If you are asking me for an honest assessment about whether recent events will have an effect, they are bound to, because we are the brand leader, we are the party of government and it will have more of an effect on us than the other parties.'Senior Tory sources predicted that Labour would suffer the humiliation of losing control of all county councils across the whole of England after Thursd
Guardian

Congress funds mortgage fraud crackdown
The FBI, Justice Department, Secret Service and Postal Service will get a combined half a billion dollars to investigate and prosecute those who engage in mortgage fraud.
Big News Network

Fund will help elderly with emergency health costs
Senior citizens with emergency health-related needs may be able to get assistance from a new program at the Community Foundation of the Virgin Islands - the first from a special fund earmarked to help the territory's elderly.
Topix.net

Taxpayers Foot Lawmakers` Bills
U.S. lawmakers' expense claims show they have used public funds for a range of purchases, some of which are eye-catching.
Wall Street Journal

Warning over Weavering
Weavering Capital the company now at the centre of Britain's first alleged hedge fund fraud had imploded before in a period of its history previously kept hidden.
Telegraph

Fraud probe puts spotlight on Mayfair
Hedge fund investigators believe they may be dealing with a 'Nick Leeson at Barings' scenario
Telegraph

Big-name funds queue to bid for plan to stimulate the housing market
Aviva, Legal & General and Prudential are expected to be among the big-name fund managers bidding for the Government's £1bn-plus plan to stimulate the housing market. The deadline for expression...
BBC

Cuts Put Calif. Programs On Life Support
Calif. Gov. Schwarzenegger yesterday proposed nearly $3 billion in additional budget cuts to deal with a rapidly swelling deficit. As one public health advocate put it: 'These are no longer cuts, these are amputations.' Sandra Hughes reports.
CBS News

Chris Farrell - Minneapolis Star Tribune
Chris Farrell is economics editor for american Public Media's weekly "Marketplace Money" show. Send questions to and put "Your Money" in the subject line.
Big News Network

Video - Testimony of Bruce J. Kelman, VeriTox, Inc. - Conflicts of Interest over the Mold Issue
Part 5 of 8 What a difference a day makes! As with so many other issues in the past 8 years, the interests of industry have been allowed to take precedence over the lives, safety and health of the american public. The mold issue is no different. Our government has no only allowed, they have assisted in using Federal funds to promote a deceit in science that has been - and continues to be - harmful to the American public while saving those with financial interests in mold laden buildings billions of dollars.
Topix.net

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