big day

3-19-2010--Banking regulators rewarded: report finds government gave bonuses to auditors who may have missed warning signs of trouble. SBT A3 (AP)

--Excuse [as in throw out] for the rest of the year any player who is not clean in his play.—James Niasmith, founder of basketball—WSJ W11

--Looking back Greenspan says Wall Street needs a tighter rein. NYT B1

--Arizona drop’s children’s health program. NYT A17

--Two former high school teachers running for governor in Georgia were suspended from their jobs in the past for sexual misconduct involving students, according to state documents. [Georgia TRIES to match NY and ILL...]

--The German archdiocese led by the future Pope Benedict XVI ignored repeated warnings in the early 1980s by a psychiatrist treating a priest accused of sexually abusing boys that he should not be allowed to work with children, the psychiatrist said Thursday. NYT A1 [he was being groomed to run for governor of Georgia]

--[British Conservative think tanker Philip Blond argues for three big areas of reform]: remoralize the market, relocalize the economy and recapitalize the poor. NYT A23

--[the insurer] had a systematic policy of revoking its clients policies when they got sick. In particular ... it targeted every single policy holder who contracted HIV looking for any excuse, no matter how flimsy, for cancellation. In the case that brought all this to light, Assurant Health used an obviously misdated handwritten note by a nurse ... to claim that [an insured’s] infection was a pre-existing condition that the [insured] had failed to declare, and revoked his policy. NYT A23