Free Republic

One of Congress' premier watchdog panels is investigating Goldman Sachs' role in the subprime mortgage meltdown, including how the firm sold securities backed by risky home loans while it simultaneously bet that those bonds would lose value, people familiar with the inquiry said Friday. The investigation is part of a broader examination by the Senate Permanent Subcommittee on Investigations into the roots of the economic crisis and whether financial institutions behaved improperly, said the individuals, who insisted upon anonymity because the matter is sensitive. Disclosure of the investigation comes amid a darkening mood at the White House, in Congress and...

Bangalore, Jan 16: The proposed ‘Pray for India’ programme later this week by American evangelist, Mr Benny Hinn has sparked a controversy with the Bharatiya Janata Party and Sangh parivar organisations up in arms against it, dubbing it as one that’s intended to promote religious conversion. The Florida-based pastor, who claims to have the power to heal the sick and dying, is slated to attend the three-day prayer meeting from January 21 at Jakkur Airfield here which has been touted by the organisers as a big show, saying lakhs of people from across the country are expected to attend it....