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tpmdc.talkingpointsmemo.com - 2/5/2009
After Kashkari, Who Runs TARP?
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Amidst all the debate over the stimulus package, Tom Daschle's limos, and when the White House puppies will arrive, it's worth keeping an eye on TARP, the Troubled Assets Relief Program that was supposed to get us out of this mess in the first place. The TARP's genesis from three-page memo to ...
opensecrets.org - 2/4/2009
TARP Recipients Paid Out $114 Million for Politicking Last Year
— opensecrets.org — The companies that have been awarded taxpayers' money from Congress's bailout bill spent $77 million on lobbying... and $37 million on federal campaign contributions, Center finds. The return on investment: 258,449 percent .   WASHINGTON--( This ... (more) TARP Recipients Paid Out $114 Million for Politicking ...

Comments vote down Politics on HuffingtonPost.com found this 2/4/2009found this
huffingtonpost.com - 2/6/2009
GOP Opposes Pay Limits On Bailed-Out Bankers
— huffingtonpost.com — Wall Street bankers, with their $18 billion in bonuses, private jets and gaudy conferences, are causing headaches... for the GOP. President Obama has proposed capping compensation for executives at banks that take taxpayer bailout money at $500,000. ... (more) GOP Opposes Pay Limits On Bailed-Out Bankers

Comments vote down TPM Election Central found this 2/6/2009found this
thehill.com - 2/8/2009
Geithner postpones unveiling TARP plan
— thehill.com — Treasury Secretary Tim Geithner will postpone until Tuesday his new plan to boost the financial system with... the rest of the $700 billion bailout money, one of President Obama's top economic advisers said on Sunday. Lawrence Summers, the head of the ... (more) Geithner postpones unveiling TARP plan

Comments vote down Instapundit found this 2/8/2009found this

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Talking Points Memo:  Did I Mention?

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Blog Reactions

Did I Mention?
Talking Points Memo — ... Did I mention that Neel Kashkari, the 35 year old, ex-Goldman Sachs VP that Hank Paulson put in charge of TARP, is still over at Treasury running the thing? Matt Cooper looks at who might replace him. ...

Related: timothy geithner tarp
Divide And Conquer — Right Soup
I don’t know about you, but keeping up with the freight train of the Obama administration and its’ agenda has me out of breath. And I think it’s by design. Gitmo. The Overspending Bill and all that’s hidden in there. Geithner’s trillion-plus TARP 2. The Census ...
White House Pleads for Patience on TARP — FiveThirtyEight: Politics Done Right
Even as news broke mid-briefing that legislators reached their probable deal on the stimulus bill on Capitol Hill today, Robert Gibbs faced a grilling from reporters on the market reaction to the bank bailout plan announced Tuesday by Treasury Secretary Timothy Geithner. “Yesterday’s speech, and ...
Something Not Always Better than Nothing — Outside The Beltway | OTB
Megan McArdle: Let’s say that TARP proponents are right and that some program to pump a great deal of money into banks is better than just letting them fail. It does not then therefore follow, as night to day, that this package–or any politically feasible package–is better ...
Pigs at the Trough — The Latest on Air America
This "Team of Rivals" thing is getting old, fast. The New York Times today reports that tax cheat Tim "I didn't know" Geithner has prevailed over long-time Obama confidant David Axelrod in crafting the latest regulations for the next $350 billion in TARP bailouts for the ...
Geithner’s Bank Bailout Plan: An Unmitigated Disaster — Right Soup
Treasury Secretary Geithner just finished his long-awaited speech on why he needs MUCH more of our money to give to financial institutions. Geithner and Obama both window-dressed this crap with promises to curb executive compensation, as if this will make a difference in a plan that will ...
NYT: TARP II will be "far more than the stimulus package" — The Corner on National Review Online
Here: This week, President Obama and his Treasury secretary, Timothy F. Geithner, will prepare the country for the next, and far more difficult, step: another attempt to fill the huge hole blown in the center of the nation's financial system. No one has yet put a price tag on that effort. But ...
Geithner To Ask For $1.3 Trillion For Banks Tomorrow — Right Soup
I know I told you Treasury Secretary Geithner was coming TODAY with his hat in hand, but because the Senate is still wrangling over Porkulus , he’s postponed his speech until tomorrow. Because, you know, it would look unseemly to ask the American taxpayers for $1.3 trillion MORE dollars ...
Porkulus Trading — Right Soup
The horse-trading on Porkulus continues, and talk of give and take is flying. We are in deep trouble…congressmen have been heard saying “we don’t have time to debate this.” Obama is leading this mass push to “pass NOW, reap later.” Currently, only 2 ...
Obama to Cap Exec. Pay at $500,000 for TARP Companies — News
President Barack Obama on Wednesday will announce a $500,000 cap on compensation for executives of companies receiving bailout funds, according to the White House. Obama (D) and Treasury Secretary Timothy Geithner are scheduled to make the announcement at Wednesday morning. The White House ...
Around the Web in 83 Seconds, 02.04.09 — The Latest on Air America
The Obama administration is doing the thinkable: Today Treasury Secretary Tim Geithner is expected to announce a salary cap of $500,000 for executives working at companies that receive federal aid. Dropping an F-bomb in South Carolina could cost you $5000 if certain legislators get their ...
Around the Web in 80 Seconds, 02.04.09 — The Latest on Air America
The Obama administration is doing the thinkable: Today Treasury Secretary Tim Geithner is expected to announce a salary cap of $500,000 for executives working at companies that receive federal aid. Dropping an F-bomb in South Carolina could cost you $5000 if certain legislators get their ...