Offering the basis for what might one day become a reality television show, Treasury Secretary Henry M. Paulson Jr. delivered “Extreme Makeover: Financial Markets Edition,” the name I apply to the statement he delivered in Washington, D.C., this morning: “Last night, Federal Reserve Chairman Ben Bernanke, SEC Chairman Chris Cox and I had a lengthy [...]
Treasury Secretary Addresses Crisis in Markets
September 19th, 2008 · 4 Comments
Tags: · aig, american international group, Ben Bernanke, chris cox, Congress, Economy, Extreme Makeover, extreme makeover: financial markets edition, fannie mae, Federal Reserve, federal reserve chairman, financial markets, financial security, financial system, freddie mac, illiquid assets, lehman, lehman brothers, money market, mortgage assets, mortgage-backed securities, mutual fund, paulson statement, sec, sec chairman, talk like a pirate day, taxpayers, treasury secretary, treasury secretary paulson
Obama Off Base in Criticizing McCain Record
September 19th, 2008 · No Comments
The following is an excerpt of an editorial from The Washington Post released today by the Republican National Committee: TO LISTEN to Sen. Barack Obama, Sen. John McCain is a Johnny-come-lately to the cause of regulating financial markets. “He has consistently opposed the sorts of common-sense regulations that might have lessened the current crisis,” Mr. [...]
Tags: · accounting scandals, Barack Obama, Bill Clinton, commercial banks, common sense regulations, corporate misconduct, Democrat, enron, fannie mae, financial institutions, freddie mac, gramm-leach-bliley, investment banks, John McCain, McCain, mccain record, Obama, regulation, Republican, Republican National Committee, republicans for obama, RNC, rubin, securities and exchange commission, summers, Wall Street Journal, Washington Post
Readers Invited to ‘Household Name Death Match’
September 18th, 2008 · No Comments
I invite you to participate in a “Household Name Death Match” and tell me which of the following three names is recognized by the most man-on-the-street average Americans: Jim Johnson, Former Fannie Mae CEO/Lehman Executive and now covert Barack Obama campaign advisor/contributor; Franklin Raines, Former Fannie Mae CEO and overt Obama campaign advisor/contributor; and Ken [...]
Tags: · bankrupt entities, Barack Obama, bush contributor, enron ceo, fannie mae, fannie mae ceo, former fannie mae ceo, franklin raines, household name, household name death match, jessica's well, jim johnson, ken lay, lehman brothers, lehman brothers executive, Obama, obama advisor, obama contributor, presidential nominee
