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online.wsj.com - 10/30/2009

Michael W. McConnell: The Pay Czar Is Unconstitutional

— online.wsj.com — MICHAEL W. MCCONNELL Last week's announcement that "Pay Czar" Kenneth Feinberg slashed compensation for executives at seven... large financial firms by an average of 50% stunned Wall Street, stoked the fires of populist resentment, and troubled ... (more) Michael W. McConnell: The Pay Czar Is Unconstitutional

White House

Mitch McConnell

TARP

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usatoday.com - 10/21/2009

Watchdog excoriates execution of TARP

— usatoday.com — "The American people's belief that the funds went into a black hole, or that there was a... transfer of wealth from taxpayers to Wall Street, is one of the worst outcomes of this program, and that is the reputational damage to the government," said Neil ... (more) Watchdog excoriates execution of TARP

White House

TARP

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washingtonexaminer.com - 10/23/2009

Examiner Editorial: Uncovering the bull under the bailout

— washingtonexaminer.com — Congress put American taxpayers on the hook for $700 billion last year when it approved the massive... bailout to paper over the imprudent lending decisions of nine Wall Street giants: Bank of America, Citigroup, Wells Fargo, JP Morgan Chase, Goldman ... (more) Examiner Editorial: Uncovering the bull under the bailout

Congress

TARP

Bailout Plan

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Blog Reactions

The Corner on National Review Online:  "Feinberg's Folly" -- By: Rich Lowry

Reactions

RT@WakullaGOP Obama's Bloody-Minded Populist Pageantry http://bit.ly/2Kpz00 #tcot #gop #p2 10/24/2009

Feinberg’s Folly — By: The Editors: Three things about the Obama administration’s publicity-seeking.. http://bit.ly/3m3adV 10/23/2009

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"Feinberg's Folly" -- By: Rich Lowry
The Corner on National Review Online — Here's our editorial today, the beginning: Three things about the Obama administration’s publicity-seeking move to curb executives’ pay at bailed-out companies: It is inevitable, it is stupid, and it is inevitably stupid. And the end: TARP was an emergency measure. The emergency has subsided, and the first order of business is restoring at least some separation between Washington and Wall Street, between political power and the private economy. The love of power can prove at least as corrupting as the love ...