congressmatters.com - 2/11/2009
marginalrevolution.com - 2/10/2009
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marginalrevolution.com —
A plan is in the works for announcement
tomorrow:Mr. Geithner, who will announce the broad outlines of...
the plan on Tuesday, successfully fought against more severe limits on executive pay for companies receiving government aid. He resisted those who ...
(more)
The banking plan: what to expect
reuters.com - 2/11/2009
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reuters.com —
(Adds more CEO comments, background) By John Poirier
WASHINGTON, Feb 10 (Reuters) - Chiefs of the biggest...
U.S. banks said they have not used government bailout money for executive compensation, dividends or lobbying and are taking cuts in pay, ...
(more)
UPDATE 2-U.S. bank CEOs defend use of govt bailout ...
Comments
Blog Reactions
Never Mind
Eschaton —
About that bailout? Really wasn't necessary after all.
HMM: Banking CEOs: We didn’t think the bailout was necessary.
Now wait a minute. Next people w…
Instapundit —
HMM: Banking CEOs: We didn’t think the bailout was necessary.
Now wait a minute. Next people will say the whole crisis was phony. Oh, wait. . . . I don’t actually think it was, though. If it were some sort of conspiracy, the people in charge would be looking like they knew what they were doing . . . .
...
Oh, dear, Miss Morse
The Sideshow —
Now that the banksters have admitted didn't need a bailout, do you think we could have our money back and put it somewhere it might do some good? ...
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Bank CEOs to defend use of TARP money
politicalticker.blogs.cnn.com 2/11/2009 — WASHINGTON (CNN)– The chief executive officers of eight of the nation's largest banks will defend the use of hundreds of billions of dollars in bailout money to lawmakers on Capitol Hill Wednesday.
The CEO's of Bank of America, JP Morgan Chase, ...