Industrials
Obama Defends Budget, Furor Grows Over AIG
It was the latest case of damaging information emerging publicly about one of Obama's choices after he announced their appointment or nomination. A few have withdrawn, including former Sen. Thomas Daschle, nominee for health and human services secretary; Gov. Bill Richardson, commerce secretary nominee, and Nancy Killefer, appointed as the White House's chief federal performance officer.
The White House would not immediately say whether it knew of Vivek Kundra's guilty plea before announcing his appointment. Kundra, now 34, pleaded guilty in Maryland District Court in Rockville, Maryland, to theft of less than $300 on Aug. 27, 1996. It was unclear what he stole. Mafara Hobson, a spokeswoman for Washington Mayor Adrian Fenty, said she was confident Kundra is not a target of the investigation. Authorities said Yusuf Acar, the acting chief security officer under Kundra in the city's technology office, and technology consultant Sushil Bansal and unnamed others defrauded the city.TheStreet Premium Services
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
Connect with TheStreet