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The (POGO) Blog

June 28, 2013

By Michael Smallberg

Corzine Faces Rare Charge in MF Global Case



Jon Corzine The Commodity Futures Trading Commission (CFTC) took an action that regulators have rarely attempted since the 2008 financial crisis: trying to hold a CEO personally accountable for “failure to supervise.”

Continue Reading Corzine Faces Rare Charge in MF Global Case

Topics: Financial Sector

June 13, 2013

By Andre Francisco

First Big Test for New SEC Chair



SEC Seal The appointment of Robert Rice as counsel for the Securities and Exchange Commission (SEC) is the first big test for Mary Jo White, the new head of the SEC, according to an article in CNN Money.

Continue Reading First Big Test for New SEC Chair

Topics: Financial Sector

May 24, 2013

By Andre Francisco

Bank Lobbyists Writing the Rules for Wall Street



Financial Oversight It might be logical to assume that lawmakers are the ones who make laws, but bank lobbyists are playing a larger role in writing financial regulations, according to an article in The New York Times.

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Topics: Financial Sector

May 13, 2013

By Michael Smallberg

Taxpayers Could Foot Bill For Fannie Mae Fraud Settlement



Fannie Mae Years after the government accused Fannie Mae of accounting fraud, are taxpayers being forced to pay the price?

Continue Reading Taxpayers Could Foot Bill For Fannie Mae Fraud Settlement

Topics: Financial Sector

May 8, 2013

By Scott H. Amey, J.D.

Cell Phone Services Show Broken Buying System



Photograph of a Cell Phone Waiting Area Sign OMB's Norman Dong provided details about a federal agency with 13 comparable phone service plans that appear to be wasting taxpayer dollars.

Continue Reading Cell Phone Services Show Broken Buying System

Topics: Contract Oversight, Government Accountability

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Fly Before You Buy: Tom Christie on Realistic Combat Testing

The Project On Government Oversight's Dan Grazier recently sat down with Tom Christie, a former Director of Operational Test & Evaluation at the DoD from 2001-2005, to talk about the critical need for realistic combat testing before the Pentagon buys new weapons.