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Inside Penny Pritzker's portfolio: How a billionaire invests

Commerce secretary nominee discloses her financial holdings How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Show More Summary

Former U.S. Secretary of Transportation and Former U.S. Secretary of Commerce Joins Health Discovery

Former U.S. Secretary of Transportation and Former U.S. Secretary of Commerce Joins Health Discovery Corporation Board of Directors HANSON, Mass.--(BUSINESS WIRE)-- Health Discovery Corporation (OTCBB: HDVY) announced today that Secretary...Show More Summary

Hearing Set for Obama’s Commerce Pick

The Senate Commerce Committee will hold a confirmation hearing next Thursday for Penny Pritzker, the Commerce secretary nominee.

Labor unions not raising a fuss over Pritzker

By Lynn Sweet, Chicago Sun-Times Penny Pritzker, President Barack Obama’s Commerce secretary nominee, has long been a target of organized labor — with the drive against her led by the Chicago Teachers Union and Unite Here Local 1, representing the city’s hotel workers.

John Kerry's brother, Cameron, to be acting Commerce secretary

WASHINGTON -- Cameron Kerry will serve as acting Commerce secretary starting June 1, joining his brother, Secretary of State John Kerry, in President Obama's Cabinet.

The Morning Wrap

Brothers in Cabinet: Commerce Department General Counsel Cameron Kerry may be one half of a historical duo when he becomes acting secretary of commerce at the end of this month, The Washington Post reports. Along with his brother Secretary of...

One other Obama scandal to watch

On top of everything else, the House Energy and Commerce Committee announced on Monday that it will probe Health and Human Services Secretary Kathleen Sebelius' efforts to shake insurance companies down for cash, to help "educate" the public about the ObamaCare disaster it hates. Show More Summary

Cabinet to get a second Secretary Kerry

(CNN) - There are about to be two Secretary Kerrys in the Obama administration - and they're brothers. Cameron Kerry, the general counsel for the Commerce Department, is poised to become acting secretary of commerce when the current acting secretary steps down later this month. He is the brother of Secretary of State John Kerry. […]

Norman Solomon: Obama in Plunderland: Down the Corporate Rabbit Hole

The president's new choices for Commerce secretary and FCC chair underscore how far down the rabbit hole his populist conceits have tumbled. Yet the Obama rhetoric about standing up for working people against "special interests" is as profuse as ever.

Norman Solomon: Obama in Plunderland: Down the Corporate Rabbit Hole

The president's new choices for Commerce secretary and FCC chair underscore how far down the rabbit hole his populist conceits have tumbled. Yet the Obama...

Pritzker's Bank Failure: Investors Got Paid, Depositors and Taxpayers Fleeced

By her own admission in a 2008 Q & A with the New York Times, Secretary of Commerce nominee Penny Pritzker acknowledged as many as 1600 depositors lost $6000 on average--or roughly $10 million overall--due to her family’s Superior Bank failure. Show More Summary

Robert Scheer: Obama Did It For the Money

The love fest between Barack Obama and his top fundraiser Penny Pritzker that has led to her being nominated as Commerce secretary would not be so unseemly if they both just confessed that they did it for the money

Robert Scheer: Obama Did It For the Money

The love fest between Barack Obama and his top fundraiser Penny Pritzker that has led to her being nominated as Commerce secretary would not be...

Bill Richardson Says Ted Cruz Should Not Be 'Defined as a Hispanic,' Then Unsuccessfully Tries to Explain It Away

In a web interview after his appearance on ABC's “This Week” yesterday, former Arizona Governor Bill Richardson, who suddenly withdrew after being nominated by President Barack Obama to be his first Secretary of Commerce in 2009, was asked the following about freshman U.S. Show More Summary

Daily D.C. Lateral Roundup: Wiley Rein; Baker Botts

Wiley Rein has added a former U.S. Department of Commerce official to the Washington office. Anna Gomez has joined the firm as partner in the communications practice. Previously, Gomez served as deputy assistant secretary for communications and information with the...

Obama’s Patronage System: Pritzker Nomination for Commerce Department, Limp-Wristed Dodd Frank

The consternation at the not-exactly-a-surprise nomination of billionaire Penny Pritzker to be Commerce Secretary, is sadly much less than is warranted. That suggests that the Forbes 400 member will survive her confirmation hearings....Show More Summary

Obama nominates Hyatt heir Penny Pritzker as commerce secretary

Vigil for fired housekeepers at the Boston Hyatt President Obama has nominated Hyatt Hotels heir Penny Pritzker for commerce secretary, a pick that has been anticipated for weeks. Pritzker has been one of Obama's top fundraisers since...Show More Summary

Let’s Hope SBA, Commerce Merger is Dead With Pritzker Nomination

This week President Obama nominated billionaire hotel magnate Penny Pritzker (pictured, right) to be the next Commerce Secretary.  He als0 nominated longtime Obama confidant Michael Froman (left) as U.S. Trade Representative. Given these...Show More Summary

Obama's Commerce Secretary Nominee Draws Fire Over Use of Offshore Tax Shelters

Forbes: Pritzker Family Baggage: Tax Saving Offshore Trusts, by Janet Novack: With President Barack Obams's nomination today of Chicago businesswoman and Forbes 400 member Penny Pritzker to be the Secretary of Commerce, her family’s legendary use of hundreds of offshore trusts to protect its wealth from taxes and the prying...

Obama Nominates Sleazy Subprime Banker As Commerce Secretary

Time for a little stroll down memory lane. This is what I wrote about Penny Pritzer, Obama's just-announced appointee as Commerce Secretary, back in February: Penny Pritzker, union buster. Penny Pritzker, sub-prime lender who drove Superior...Show More Summary

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