Morning Smoke: Former FDIC Chairwoman Forms Group to Urge Oversight of Wall St.

MORNING SMOKE

Where there's smoke, there's fire. POGO's Morning Smoke is a collection of the freshest investigations, scoops, and opinions related to the world of government oversight. Have a story you'd like to see included? Contact POGO's blog editor

Financial Oversight

Group Forms to Urge Strict Oversight of Wall Street
Floyd Norris, The New York Times

US Republicans Seeks Funding Curbs for Market Regulators
Sarah N. Lynch, Reuters

After Loss, JPMorgan Regulators in Spotlight
Ben Protess, The New York Times

Chesapeake CEO McClendon Hires Ex-SEC Lawyer
Sarah N. Lynch and Aruna Viswanatha, Reuters

Nuclear Weapons

Are Nuclear Weapons Contractors' Millions in Campaign Contributions Buying Favors?
R. Jeffrey Smith, iWatch News

Whistleblower Issues

Bill to Strengthen Whistleblower Protections Advances
Steven Aftergood, Secrecy News

Ed Markey Alleges NRC Whistleblower Retaliation
Darius Dixon, Politico

National Security

Lockheed Wins $19 Million Order for F-22 Backup Oxygen
Andrea Shalal-Esa, Reuters

F-35 Production Quality Worries Senate Panel
Andrea Shalal-Esa, Reuters

Report: DoD Benefits Database Rife with Errors
Rick Maze, Navy Times

Government Accountability

GSA Asked to Justify $750,000 in Travel fro High-Level Telecommuters
Charles S. Clark, Government Executive

Comments

[Dfens]

Lockheed screws up the F-22 oxygen system and gets a $19 million contract, not to fix the problem, but simply to mitigate its effects. They both cause the problem and then turn around and make money on both fixing the problem and mitigating the effects of the problem while they drag out fixing it. This is the kind of contract POGO would have the federal government use to buy all aircraft.