Portland observer. (Portland, Or.) 1970-current, April 28, 2010, Page 2, Image 2

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    Page 2
(Dbseruer
Republicans Block
Financial Reform
V oting in a block, the S e n a te ’s 41
R epublicans and N ebrask a’s D em o­
cratic S enator halted discussion o f
a bill that w ould tighten regulation
on the n a tio n 's financial system .
T he S enate needs 60 votes to m ove
forw ard on any bill. R epublicans
contend that they w ant m ore atten ­
tion given to aspects o f the sw eep ­
ing, bill like a $50 billion fund that
w ould pay for the w ind-dow n o f
faltering financial firms. D em ocrats
contend that R epublicans are p lay ­
ing politics.
Goldman Sachs Under Fire
A Senate investigative co m m ittee
called G oldm an Sachs executives to
C apitol H ill to talk about th eir a l­
leged schem e to bilk investors w ith
securities designed to fail. D uring
gration law . The law m akes it a crim e vealed a m ore detailed plan that
not to carry im m igration docum ents, involved converting M arshall H igh
and g iv es p o lice sw eep in g new School in o u ter southeast Portland
pow ers to detain people suspected into a m agnet. B enson Polytechnic
o f being illegal. T he law has been H igh School wi 11 also take on a m ore
harshly criticized,
specialized focus. See page 8.
w ith the M exican y z
Two Dead After Being Hit by Bus
governm ent advis­
O n Saturday, five people w ere hit on
ing its citizens that
N orthw est G lisan and B roadw ay
they m ay be h a­
P ortland by a T riM et bus, leaving
rassed in the state.
tw o dead. T he survivors have su s­
The new law is a l­
tained
injuries. T he incident is c u r­
m ost certainly going to be c h al­
rently being investigated.
lenged in court.
Week
The R eview
the hearing, the ex ecutives w ere
harshly criticized, and w ere called
“ b o o k ies” by one law m aker. The
Securities Exchange C om m ission
has also opened up a suit against
the financial giant alleging it m isled
investors and w as betting against
the m ortgage m arket.
Boy Scouts Lawsuit Settled
O n Friday, a M ultnom ah C ounty
ju ry o rdered the B oy S couts o f
America topay $ 18.5 million to Kerry
Lew is, a 38-year-old, w ho w as sexu-
a lly
abused
w hile in the
Scouts. The
aw ard is the
la r g e s t th e
o rg a n iz a tio n
has ev er had to
pay out. A ttorneys for Lew is see it
as w akeup call to the organization to
b e tte r sa fe g u a rd a g a in st sex u al
predators.
Arizona Enacts
Tough Immigration Law
A rizo n a’s R epublican governor, Jan
B rew er, signed w hat is w idely seen
as the n a tio n ’s m ost stringent im m i­
April 28. 2010
Smoking Down in Oregon
High School Redesign
Moves Forward
A new report by the O regon
X D epartm ent o f H um an S er­
vices has determ ined that the
sm oking is dow n in the B eaver
State. H ow ever, there it still
| show s that there is room for im ­
provem ent. Se H ealth.
Portland Public S c h o o ls’ plan to
revam p its high school sys­
tem m oved forw ard on
M onday w hen Superin-
tendent C arole Sm ith re­
L e g e n d s
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