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Summers reports millions in earnings

April 5, 2009
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Lawrence Summers, President Obama's top economic adviser, earned millions over the past year as managing director of the hedge fund D.E. Shaw Group and through speaking fees, some from financial institutions now at the center of the government's rescue program. Financial disclosure reports released by the White House show that Summers received $5.2 million from D.E. Shaw. He also reported payments for appearances before institutions such as J.P. Morgan, Citigroup, Goldman Sachs, and Lehman Brothers. Overall, Summers was paid $2.7 million for more than 40 appearances before different organizations and companies, including financial institutions. (AP)

Arizona
US investigates death of jaguar
PHOENIX - The federal government has opened a criminal investigation into the capture and death of the last known jaguar in the United States, amid accusations that a biologist working for the state illegally baited a trap to attract the cat. The 118-pound male jaguar, known as Macho B, was captured Feb. 18 in a leg-hold snare placed by the Arizona Game and Fish Department in a rugged, mountainous area southwest of Tucson. The jaguar, which was estimated to be 16 years old and was fitted with a radio-tracking collar, was recaptured with tranquilizer darts March 2 after wildlife personnel feared that it might be in poor health. It was flown by helicopter to the Phoenix Zoo, where a veterinarian said it had irreversible kidney failure. It was euthanized the same day. (New York Times)