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corner.nationalreview.com - 2/3/2009
TARP Covers the Well-Connected
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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 Democrats on the House Financial Services ...
opensecrets.org - 2/4/2009
TARP Recipients Paid Out $114 Million for Politicking Last Year
— opensecrets.org — The companies that have been awarded taxpayers' money from Congress's bailout bill spent $77 million on lobbying and $37 million on federal campaign contributions, Center finds. The return on investment: 258,449 percent .   WASHINGTON--( This ... (more) TARP Recipients Paid Out $114 Million for Politicking ...

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huffingtonpost.com - 2/6/2009
GOP Opposes Pay Limits On Bailed-Out Bankers
— huffingtonpost.com — Wall Street bankers, with their $18 billion in bonuses, private jets and gaudy conferences, are causing headaches for the GOP. President Obama has proposed capping compensation for executives at banks that take taxpayer bailout money at $500,000. ... (more) GOP Opposes Pay Limits On Bailed-Out Bankers

Comments vote down TPM Election Central found this 2/6/2009found this
krugman.blogs.nytimes.com - 2/4/2009
Bipartisan bromides
— krugman.blogs.nytimes.com — Josh Marshall gives us David Broder talking about stimulus - which he says failed to achieve the predicted results the first time. It's not clear whether he was referring to the TARP or the early 2008 stimulus package, but either way it's a poor ... (more) Bipartisan bromides

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Blog Reactions

Ace of Spades HQ:  WaPo: TARP Bailout Fails to Revive Lending

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Blog Reactions

WaPo: TARP Bailout Fails to Revive Lending
Ace of Spades HQ — ... invested disproportionately in banks that needed money to solve problems. Those banks often were ill-equipped to increase lending because of financial limitations such as a lack of deposits. The thing I like about this article is that there are no illusions about what the TARP was supposed to do. It was always intended to keep failing banks from closing or selling or declaring bankruptcy. It was not the purpose of the TARP to give money to "sound financial institutions" as David Freddoso incorrectly wrote last week and many other TARP supporters have claimed recently. ...

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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 ...
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powerlineblog.com 4/28/2009 — On April 21, the Special Inspector General for the Troubled Asset Relief Program Act of 2009--"SIGTARP"--submitted his quarterly report to Congress on his office's activities in relation to the TARP program. The report is a disquieting document that ...
TARP Watchdog: Treasury Overpaid For TARP Investments
money.cnn.com 2/5/2009 — WASHINGTON -(Dow Jones)- The three government watchdogs overseeing the $700 billion financial rescue package continued to criticize the Treasury Department's implementation of the plan, suggesting a lack of a strategic vision and raising the concern ...
President Obama to Announce New Boss Salary Restrictions for TARP-Receiving Companies
blogs.abcnews.com 2/4/2009 — Later this morning the White House and Treasury Department will announce new restrictions on executive compensation on financial institutions receiving government funds. An Obama administration official tells ABC News that under the new rules, ...
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 ...