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Port Authority freezes handouts to politician's Queens charity (New York Post) The Port Authority will turn off the spigot and stop sending money to a Queens charity. The agency's action comes a week after The Post revealed that the Rockaway Boulevard Local Development Corp. has received $2.5 million from the PA since 2003, and then spent much of it... More . . . Wachovia Settles Money Laundering Case (NPR) Banking giant Wachovia has agreed to pay $160 million to settle a federal investigation into laundering of South American drug money. The deal, announced by the U.S. attorney in Miami, said the bank had laundered the money since at least 2003 using Mexican exchange houses. More . . . An evolving account (Boston Globe) During an interview and in subsequent statements issued by his office, state Treasurer Timothy P. Cahill gave sometimes contradictory accounts of whether Boston real estate investment manager Michael A. Ruane had connected him to donors who gave Cahill money in 2002, 2003, and 2005: More . . . SHOW me the money (Telluride Daily Planet) The beer always tastes better when it comes with a check — and not the kind you have to leave a $20 to cover. More . . . Water managers brainstorm salary cuts, land sales to free up money for Everglades purchase (The Palm Beach Post) Water managers brainstorm salary cuts, land sales to free up money for Everglades purchase More . . . The owner of the Boise firm XpressFlex used flex-spending money to fund the legal battles of its sister firm (The Idaho Statesman) The companion company of XpressFlex, a Boise firm that administered flexible spending accounts before abruptly shutting its doors March 1, has been sued by at least 17 businesses and one government agency in the past year alleging the company didn't pay clients' payroll taxes. More . . . Jury awards crash victim money for ex-city cop's negligence (York Daily Record) Barry Bloss Jr., now a district justice, was responding to a shooting call and hit a woman's van. A jury awarded $300,000 to a woman who was injured when former York City Police Officer Barry Bloss Jr. drove the wrong way down a one-way street while responding to a shooting and hit her van. More . . . Animal House Fund failed despite glitzy fundraisers (St. Louis Post-Dispatch) ST. LOUIS — After seven years of raising money, the Animal House Fund didn't reach its goal of building a new city pound. But organizers did know how to throw a party. More . . . Target-date funds in 401(k) off mark :Was Congress too quick to give go-ahead in '07? (South Bend Tribune) Target-date funds were supposed to be the solution to the nation's looming retirement crisis, not money-destroyers. More . . . People Talk / A conversation with Melinda Rath Sanderson (The Buffalo News) Melinda Rath Sanderson spent more than half her 47 years away from Buffalo pursuing business interests throughout the country. Returning in 2003, she became executive director of the Women's Business Center at Canisius College. More . . . Advertise on this page
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