Thought the healthcare debate was big in 2009? It looks like 2010’s financial regulatory reform debate could be bigger. The House today passed a bill (vote: 223-to-202) authored largely by House Financial Services Committee Chairman Barney Frank that will now be debated and reconciled with a Senate bill over the coming months with an eye
Barney Frank
There are lots of trailer trash jokes out there, and more at the bottom of this post (You know you’re trailer trash when “You have your local taxidermist on speed dial”, “You think ‘The Nutcracker’ is something you do off the high dive”, and “Your grandmother has ‘ammo’ on her Christmas list”, for example). Manufactured
Smith climbs to the top of Mt. Sinai to get close enough to talk to God. Looking up, he asks the Lord, “God, what does a million years mean to you?” The Lord replies, “A minute.” Smith asks, “And what does a million dollars mean to you?” The Lord replies, “A penny.” Smith asks, “Can
There is $350b left in of the original $700 billion Troubled Asset Relief Program funds that were approved by Congress and the White House in October. At that time, funds were to be used to buy troubled assets from banks—illiquid mortgage securities mostly—to get banks to regain their appetite for lending again. Right after TARP
With a vote of 228 Nay to 205 Yea, the House of Representatives voted against the Treasury’s proposed financial market bailout plan—see below for unprecedented drops in markets. House Financial Services Committee Chairman Barney Frank said that they will see how markets play, and reconvene this Thursday October 2. Partisan bickering took precedence over the