Leave a Comment

Unnamed GOP Senator Blocking Appointment Of Key Bailout Overseer
TPMMuckraker — ... Earlier this month, the Bush administration nominated Neil Barofsky, a federal prosecutor, to be the Treasury Department's special inspector general on the bailout program. That's a crucial post, given the astronomical sums at issue, the broad authority that Treasury has been given to distribute them, the concerns that have been raised about possible conflicts of interest, and the general urgency of our efforts to prevent an economic collapse. ...

Hullabaloo — Good Faith by digby Just in case anyone thinks the spirit of bipartisanship has overtaken the congress in light of the severe financial crisis, think again. From TPM: Earlier this month, the Bush administration nominated Neil Barofsky, a federal prosecutor, to be the Treasury Department's special inspector general on the bailout program. That's a crucial post, given the astronomical sums at issue, the broad authority that Treasury has been given to distribute them, the concerns that have been raised about possible conflicts of interest, and the general urgency of our efforts to prevent an economic collapse. So you'd think Congress would be doing everything it could ...