Melgen Linked to Villaraigosa

Dr. Salomon Melgen, donor to embattled Sen. Bob Menendez (D-NJ), has now been linked to another major political figure: Los Angeles Mayor Antonio Villaraigosa. Reports show Villaraigosa with both Menendez and Melgen at the National Association of Latino Electoral and Appointed Officials last year. The FBI raided Melgen’s office just days ago; details are still emerging about Melgen’s trips to the Dominican Republic with Sen. Menendez.

Melgen has been involved with several shady companies, ranging from a medical assistance program to a computer company specializing in tracking down terrorists. His relationship with Menendez has drawn heavy law enforcement scrutiny based on Menendez’s original failure to report or reimburse flights from Melgen under federal campaign finance law.


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WASHINGTON & WALL STREET: JOBS, CREDIT, AND ECONOMIC GROWTH

Last week, a raft of economic data came out that confirms what all of us already know, namely that the US economy is growing far more slowly than before the 2008 financial crisis. Most politicians and economists tell us that the economy will eventually grow faster, but is this really true?

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