openleft.com - 1/16/2009
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I just received confirmation from a congressional aide that Senate Banking Chair Chris Dodd will not introduce legislation in the Senate to mirror House Finance Chair Barney Frank's bill, HR 384, to provide increased conditions, transparency and oversight on the second $350 billion of the Wall ...
freewillsf.blogspot.com - 1/19/2009
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freewillsf.blogspot.com —
Obama-time is still two days away, but the
legislative branch is already hard at work. For Democrats,
the Senate has always been their special preserve. They are masters of the filibuster, keepers of the Senatorial privilege, and firm adherents to ...
(more)
2009 Senate Democrats Preview
weeklystandard.com - 1/17/2009
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weeklystandard.com —
Of seven newly minted freshman Democratic senators, six
voted for releasing the second half of the $700
billion TARP funds in what is being considered Obama's first major test of strength on the Hill. This would be rather uncontroversial had not five ...
(more)
Profiles in Courage: Obama's Freshman Democratic Senators
gallup.com - 1/15/2009
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gallup.com —
PRINCETON, NJ -- A majority of Americans (62%)
say Congress should block President-elect Obama's request to release
the remaining $350 billion in Troubled Asset Relief Program (TARP) funds until more details are provided about how the funds will be ...
(more)
Americans Want Details Before Release of More TARP ...
Comments
Blog Reactions
TARP Moves Forward With Promises, Not Guarantees, of Improvements
MoJo Blog Posts: mojo —
... So it's confirmed. Chris Dodd, head of the Senate Banking Committee, will do nothing to ensure that there are oversight and executive compensation provisions in the second half of the TARP rollout. He will not legislate in aid for families in foreclosure, either. ...
Truth and Consequences
Interesting Times —
I think part of the problem here is that everyone is shit-scared of what will happen if there really is transparency in the process. Because part of that transparency will be that everyone will get to see just how fucked up some, if not all, of these banks are. And when that happens the economy will REALLY tank. Those who would accuse the Democrats of being sell outs should ask themselves how they would vote if they were told that their desire for transparency could literally destroy the American economy. Let's not be so eager to paint everyone as bad guys. > ...
Related Content
Treasury Attempts to “Blame Dodd” for AIG Bonuses
firedoglake.com 3/17/2009 —
photo by Barrybar
In an attempt to get out of the way of the AIG bonus train wreck, it looks like the designated sin eater is going to be Chris Dodd :
The administration official said the Treasury Department did its own legal analysis and ...
Adventures in Lobbying
openleft.com 1/26/2009 — When I offered in a blog thread to go lobby on TARP oversight and reform while I was in DC, little did I know that I was going to be asked to write about it on Open Left. It's a challenge to rise to the standards set by all the wonderful writers ...
Executive pay caps that survived in the stimulus
dailykos.com 2/15/2009 — Cross-posted from Congress Matters . If you've got a Daily Kos account, you've got a Congress Matters account. Log in with your existing Daily Kos user name and password. Seems some executive pay limits for TARP recipients did survive the ...
TARP
balloon-juice.com 2/15/2009 — Surprise good news in the TARP bill that President Obama just signed. I could get used to this.
A provision buried deep inside the $787 billion economic stimulus bill would impose restrictions on executive bonuses at financial institutions that ...
There’s no way out of TARP
sistertoldjah.com 4/6/2009 — (H/T - Lawhawk )
Back at my regular home, both my co-blogger Shoebox and I have been monitoring attempts, some successful, others not, by banks to get out from under the Troubled Assets Relief Program. In today’s Wall Street Journal , Stuart ...
Bankers say they 'get it' on bailout
swamppolitics.com 2/11/2009 — by Frank James
Vikram Pandit, Citigroup's chief executive officer, is really, really sorry his company was going to buy that French-made private jet and it won't happen again.
Pandit told lawmakers at a House hearing today:
Mr. Chairman, the world is changing very fast and we need to ...
After Kashkari, Who Runs TARP?
tpmdc.talkingpointsmemo.com 2/5/2009 — 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. ...
What Goes Around Comes Around:
volokh.com 1/23/2009 — The Washington Times notes today that many of the recipients of federal bailout funds are also major political donors:...
TARP Covers the Well-Connected
corner.nationalreview.com 2/3/2009 — Rep. John Shadegg (R., Ariz.) is hopping mad over a Wall Street Journal story from last week on the role of political influence in determining where the bank bailout money is going. Institutions in his state have received nothing, but powerful ...
POLITICAL HOT TOPICS: Thursday Jan. 15th, 2009 —
CNN Political Ticker 1/15/2009
CNN: Senate to vote Thursday on rest of bailout, Reid says
The Senate will vote Thursday on whether the second half of the $700 billion financial rescue package is released, Senate Majority Leader Harry Reid said late Wednesday.
CNN: SEC nominee to be ...
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