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Financial Bailout: Do Interests of Automakers and Members Diverge?
By Bill Allison Dec 4, 2008 11:42 p.m.Reading the restructuring plan that General Motors put together makes me wonder whether, in a broad sense, there isn't an insuperable conflict of interest between members of Congress and the automakers. Consider just one aspect of the plan:
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Financial Bailout: Will Geithner Comply with Bloomberg's FOIA Request?
By Bill Allison Nov 25, 2008 9:02 p.m.It's old news now: yesterday, President-elect Barack Obama announced he was picking Timothy Geithner, the president of the Federal Reserve Bank of New York, as his Treasury Secretary.
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Does Congress think Detroit is a good investment?
By Bill Allison Nov 17, 2008 11:46 p.m.It appears that <a href="http://apnews.myway.com/article/20081117/D94GUIK80.html">the auto bailout</a> is stalled for now, as congressional leadership and the Bush administration have come to loggerheads over providing $25 to $50 billion in loans to General Motors, Ford Motor Company, and Chrysler.
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North Carolina Businessman Pays for Campaign Ads
By Anupama Narayanswamy Oct 14, 2008 2:50 p.m.Normal 0 false false false MicrosoftInternetExplorer4
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Financial bailout: Senate approves bill
By Bill Allison Oct 2, 2008 12:46 p.m.Details here, vote tallies here.
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Financial Bailout: Nothing specific
By Bill Allison Oct 2, 2008 12:46 a.m.When I read accounts like this, I'm not surprised that Congress has such low approval ratings:
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Fannie Mae handbook: Illegal actions in a gray area?
By Bill Allison Sep 30, 2008 7:16 p.m.This is largely gratuitous, but while tooling around Fannie Mae's Web site, I came across their Employee Code of Conduct, revised in 2007. The opening includes this passage:
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Financial Bailout: K Street hurting too?
By Bill Allison Sep 30, 2008 6:11 p.m.The Hill reports that Fannie Mae and Freddie Mac are dissolving their formidable lobbying operations (when the Office of Federal Housing Enterprise Oversight was investigating their shady accounting practices, Fannie Mae was spending $8 million a year on lobbyists, some of whom were working with Congress to derail the investigation).
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Financial Bailout: Correlation in contributions and votes in House
By Bill Allison Sep 30, 2008 3:10 p.m. -
Financial Bailout: Fannie Mae announces subpoena
By Bill Allison Sep 29, 2008 11:11 p.m.Fannie Mae announced <a href="http://sec.gov/Archives/edgar/data/310522/000129993308004533/0001299933-08-004533.txt">today</a> that it's gotten more subpoenas from the SEC and the U.S. Attorney for the Southern District of New York:
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Financial Bailout: Comparison of plans
By Bill Allison Sep 28, 2008 3:34 p.m.Mark Tapscott of the D.C. Examiner posts a comparison of what was in the original plan submitted by Treasury Secretary Henry Paulson and what congressional negotiators have arrived at now.
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Financial Bailout: A look at the House GOP negotiators
By Bill Allison Sep 28, 2008 3:20 p.m.Continuing the theme of last night's post (and of several prior posts -- just scroll down), we're taking a look at some of the key players in the financial bailout negotiations, looking at their career contributions from and personal interest in the industry. Thanks to Open Secrets, the Web site of the Center for Responsive Politics, all this information is easily accessible online.
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Financial Bailout: Deal hammered out?
By Bill Allison Sep 28, 2008 5:49 a.m.That's what a series of members are saying on a press conference I happened to tune into a few moments ago -- there's an agreement, but details have to be worked out (including getting it all down on paper).
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Financial Bailout: 102 pages and counting
By Bill Allison Sep 27, 2008 2:36 a.m.This Associated Press report is a little like the early going of an Eric Ambler thriller: a tantalizing hint of the complexity to come, but very little detail about what the twists and turns will be. The market meltdown measure, which began its life as a 3-page bill, has grown:
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