*FR Publisher Jon Fleischman*
Bernie Madoff's Quarterly ReportThis week, California’s two largest government employee pension funds released their 2011 earnings reports revealing poor performances that may lead to huge taxpayer bailouts. If Bernie Madoff had issued honest quarterly reports like these, his investors would have seen his fraud and closed down his Ponzi scheme before it cost them billions.
***FR Exclusive***
Doug Lasken
THE STATE OF OBAMA'S SPINThe President addressed education in Tuesday night's State of the Union address, although it was delivered in advanced Spin rather than English.