tpmmuckraker.talkingpointsmemo.com - 1/13/2009
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After Carl Levin (D-MI), chairman of the Senate subcommittee on investigations, announced yesterday that he is getting copies of the contracts for companies receiving bailout money under the TARP program, we were thrilled to finally see what terms the government insisted on for taxpayer funds. ...
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 ...
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Business As Usual
Talking Points Memo —
... be inclined to be more bold.
On another front, we noted yesterday that Sen. Levin (D) had gotten the TARP office at Treasury (the people running the bailout) to release the contracts governing the investment of the TARP money. In other words, these contracts contain the terms on which the money was given to the banks -- and which would tell us a lot about whether it was given on terms that hold any real hope of every getting the money back.
But it turns out that Levin apparently had to agree not to release the documents to the public.
Late ...
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