(15 stories) MF Global's Missing Cash Mostly Accounted For

US News - News February 1, 2012 See US News Weather MF Global's Missing Cash Mostly Accounted For (WKXW-FM Trenton) Investigators have located almost all the $1.2 billion first reported missing when securities company MF Global went under last year. RI gov seeks $400K more for Central Falls receiver (York Dispatch) Rhode Island's governor is asking for nearly $400,000 more this fiscal year for increased legal costs related to the bankruptcy proceedings in Central Falls. Judge rules against explorers in treasure dispute (York Dispatch) A federal judge has ruled against a deep-sea exploration company in a dispute with Spain over 17 tons of silver coins recovered from a sunken 19th century Spanish galleon. Chrysler earns first annual profit in more than a decade (latimes) $183 million last year,Sales rose 31% to $55 billion.Chrysler Group earned its first annual profit as an independent company since 1997, a sign that the Detroit automaker is recovering from its bankruptcy reorganization and the conflicting strategies of its recent owners. Chrysler said it earned $183 million last year, compared with a loss of $652 million in the prior year. Sales rose 31% to $55 billion. "The house is in good order. We are proud of the work we've done," said Sergio Marchionne, who is chief executive of Chrysler and Fiat, the Italian automaker that owns a controlling interest in the company. Deafening Republican Silence on Financial Fraud Task Force (thenation) In Republican folklore, President Obama is a sworn enemy of American capitalism. He wants to "put free enterprise on trial" (Mitt Romney); he erroneously thinks that the country's problems "must be the fault of those people on Wall Street" (Mitch McConnell); he has "bastardized" Wall Street CEOs (Fox News's Neil Cavuto, and no, I have no idea what he means). Threading the Needle: What Romney Must Do to Win in November (theatlantic) After a huge win in Florida, Mitt Romney is the presumptive Republican nominee in Election 2012. Assume he sees it through to the finish. Can he take the White House in November? Perhaps. The economy is weak. The right is motivated to defeat the incumbent. And the left is less enamored of President Obama than it was 4 years ago, before he broke so many promises. To win, Romney must recalibrate his message, as is .... Obama Housing Program Could Cost Up To $10 Billion (CBS Local) The Obama administration is trying to fix a stubborn drag on the economy by allowing all homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth, tackling a difficult issue of vital concern in states key to President Barack Obama's re-election. Obama on Wednesday was to draw attention to a ... (more) Syrian troops fight rebels near Lebanese border (My Mother Lode) Activists say Syrian troops are battling army dissidents in an area near the border with Lebanon and that several people have been killed. Current laws would slash federal deficit, analysts say (latimes) The annual deficit would be cut in half by next fiscal year if Congress allows laws to stand that would let Bush-era tax cuts end and impose deep budget cuts, the Congressional Budget Office reports. Here's one way Congress can trim the nation's record deficits: Do nothing. Keeping Congress gridlocked on budget issues would cut the projected annual federal deficit in half by the next fiscal year and set the trend on a downward path for years to come. 16 Lobbyists Hauled in $2 Million for Mitt Romney in 2011 (opensecrets) Sixteen lobbyists raised nearly $2.2 million to aid the presidential campaign of former Massachusetts Gov. Mitt Romney in 2011, according to a Center for Responsive Politics review of documents filed with the Federal Election Commission. Patrick J. Durkin, Sr., of commercial bank Barclays, alone was responsible for $774,750 of that sum. Meanwhile, Romney also benefited from two lobbyist-bundlers who work for D.C. lobbying powerhouse Ogilvy Government Relations and two who work for K Street giant DLA Piper. Financial titans rally to Romney's cause (chicagotribune) Private equity executives, hedge fund managers and other financial heavyweights are key contributorsWhenever Republican U.S. presidential candidate Mitt Romney has been down and in need of an enforcer, one has been there.Restore Our Future, the independent "Super PAC" that supports Romney's campaign, has been a machine of destruction in the race for the Republican presidential nomination, swamping Republican rival Newt Gingrich with attack ads each time he has seemed to threaten Romney's frontrunner status. Rich Patrons Are Major Source of Romney's Cash (nytimes) Campaign Finance Reports Show 'Super PAC' DonorsClose to 60 corporations and wealthy individuals gave checks of $100,000 or more to a "super PAC" supporting Mitt Romney in the months leading up to the Iowa caucuses, according to documents released on Tuesday, underwriting a $17 million blitz of advertising that has swamped his Republican rivals in the early primary states. Obama Seeks 'On-Ramp' for More Startups to Go Public (businessweek) The White House called for making it easier for small companies to raise money by selling shares to the public as part of a package of proposals intended to aid small businesses. For some small companies going public, the change would delay some requirements of Sarbanes-Oxley that have to do with internal controls. Obama touts turnaround of U.S. auto industry (freep) Turnaround in the American auto industryPresident Barack Obama dropped by the Washington Auto Show on Tuesday, sitting in a handful of cars, reminiscing about his rides from before his days as president and -- once again -- beaming about the product coming out of Detroit and the turnaround in the American auto industry. Eighteen Fords, Chevys and Chryslers were lined up for the chief executive to take in during a 20-minute run through the annual auto show. Auto executives showed him around, vehicle by vehicle, explaining each. Paul speaks to full house at CSU (coloradoan) As Republican primary voters in Florida went to the polls, GOP presidential candidate Ron Paul stumped in Fort Collins on Tuesday, urging a crowd of about 1,200 to support individual liberty, personal liberty and a return to limited government. Paul spoke to a standing-room-only crowd at the Lory Student Center at CSU. His appearance in Fort Collins was one of three in Colorado on Tuesday.... More US News News...

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