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Expelled MP May Face Met Inquiry

An MP expelled from the Tory party in the Commons over payments to his son from parliamentary allowances is awaiting news of a possible police inquiry and fresh sleaze investigation.

Derek Conway, who was stripped of the Conservative whip by party leader David Cameron on Monday, has been reported to Scotland Yard by a political rival.

Duncan Borrowman, the Liberal Democrat challenger for the MP's Old Bexley and Sidcup seat, has written to the Metropolitan Police asking them to examine whether a fraud has been committed.

His letter had not been received by detectives late Monday night.

Mr Cameron's action followed a highly critical report which condemned Mr Conway's use of parliamentary allowances to pay his son Freddie more than £40,000.


Adjustable Rate Resets - How to Safeguard Against Rising Mortgage ...

When you're first getting into the process of buying a house, the legalities and the processes can seem daunting. Not only are you responsible for handling the financing for the home that you wish to buy, but you also need to think about the future and what you will need to pay for in the future. And while it may seem like everything is made to be complicated, there are ways to make sure that you're the winner in this financial decision.

Adjustable rate resets are a common practice in today's financial world. With more than 20% of all home owners now choosing an ARM loan - or adjusted rate mortgage - you can be sure that when you consider these types of loans, you are choosing wisely. The adjustable rate reset time is when your bank adjusts the overall monthly payment that you are making, in accordance to the housing market interest rates.


Bill Berkowitz: Wolfowitz on the rebound

In early December, Wolfowitz's time for public service came round again. Now, the former deputy defense secretary who was one of the chief architects of the Iraq war, will apparently be serving under Secretary of State Condoleezza Rice.

According to several media reports, Wolfowitz has been offered a position as chairman of the International Security Advisory Board -- formerly known as the Arms Control and Nonproliferation Advisory Board -- a prestigious State Department panel. The 18-member panel, which has access to highly classified intelligence, advises Rice on disarmament, nuclear proliferation, WMD issues and other matters. Wolfowitz will replace former senator Fred Thompson, who quit over the summer to run for the Republican Party's presidential nomination.

Newsweek magazine's Michael Isikoff reported that Wolfowitz "forged a relationship with Rice during the 2000 presidential campaign, when they both served as top foreign-policy advisers to the then candidate Bush."

It is unclear how much influence Wolfowitz will have as chairman of the International Security Advisory Board.



 

 

 

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