Obama Barney Frank Treasury | Bank reform bill passed by House – Dec. 11, 2009

December 12, 2009 by frankls · Leave a Comment
Filed under: Top Stories, US, news 

mohamed_el-erian.04.jpgBank reform bill passed by House – Dec. 11, 2009
The House passed legislation Friday aimed at preventing the next big financial crisis, ushering in the most sweeping set of changes to the banking regulatory system since the New Deal..

Read more Bank reform bill passed by House – Dec. 11, 2009


Savage Nation 1-27-09 Obama On Al Arabia
House Republicans Push For Congressional Inquiry On Treasury Role In Aig Fiasco

Obama: ‘Fat-cats’ Not His Constituency: The Swamp
Long before Obama took office, the former secretary of the treasury, Henry Paulson, was calling for a streamlining of federal regulatory authority over the nation's financial markets, condensing the alphabet soup of often cross-purposed federal agencies into a triumvirate of … Do not have any rules, do not prevent . . . any of the irresponsible, reckless, over-leveraging that happened and led to the crisis," said House Financial Services Chairman Barney Frank (D-Mass. ……[Read More]

Obama’s Big Sellout
But the real stunner comes only hours after the bailout deal is struck, when the Obama transition team makes a cheerful announcement: Timothy Geithner is going to be Barack Obama's Treasury secretary! …. Barney Frank, the outspoken chair of the House Financial Services Committee, who emerged during last year's Bush bailouts as a sharp-tongued critic of Wall Street. Back when Obama was still a senator, he and Frank even worked together to introduce a populist bill ……[Read More]

Pay Czar Announces Compensation Limits At Banks, Automakers: SEE …
WASHINGTON — The Obama administration's pay czar is limiting the cash compensation for executives at companies that received the largest taxpayer bailouts to $500000 and delaying some other pay… WASHINGTON — The Obama administration's pay czar is limiting the cash … A senior administration official said on Sunday that after extensive consultations with Treasury Department officials, Representative Barney Frank, the chairman of the House Financial Services. ……[Read More]

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First 350 Billion The First | Tale of the first $350 billion – Dec. 19, 2008

December 20, 2008 by frankls · Leave a Comment
Filed under: Hot Topics 

interview.04.jpgTale of the first $350 billion – Dec. 19, 2008

See original here Tale of the first $350 billion – Dec. 19, 2008

FinanceProfessor.com: Tale Of The First $350 Billion – Dec. 19, 2008
Have you wondered where the first $350 billion went? Here is how CNN reports it: Tale of the first $350 billion – Dec. 19, 2008: ". " ..checks totaling $168 billion in varying amounts to 116 banks; …committed another $82 billion to ……[Read More]

The Washington Monthly
Treasury Secretary Henry Paulson said Friday that Congress will need to release the last half of the $700 billion rescue fund because the first $350 billion has been committed. Paulson said the use of the rescue fund to provide loans to ……[Read More]

Below The Beltway » Blog Archive » Henry Paulson: Give Me More …
First of all, there’s really no evidence that the first $ 350 billion has done any good. Credit markets remain incredibly tight. The real estate market continues to look bleak for the foreseeable future. And, the economy continues it’s ……[Read More]

Paulson Asks For Rest Of $700 Billion TARP Funds
For instance, whatever happened to the FIRST 350 billion? It's even now sitting in the banks' secure coffers waiting for a more favorable investment environment. Rather than being invested in loans in THIS investment environment, ……[Read More]

Aker Solutions Takes First Dive Into The Tupi Pre-salt Layer …
Aker Solutions has been awarded a contract with Petrobras to supply the first set of subsea trees, including control systems and related equipment for the Tupi field development in the Brazilian pre-salt layer. ……[Read More]


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Instead Of Using The Other $350 Billion Of Bailout Money, Why Don't We Just Not Pay Taxes For The First Two?


months of '09. No income or Fica. It would work out to be about the same money, but it can be used by tax payers instead of Government to bailout/ pay on debt.

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