Entries tagged "Harry Reid"
Nancy Pelosi and Harry Reid finally released the list of names to man what's come to be thought of as their new Pecora hearings into the causes of the financial crisis.
Banks are quickly finding out that all that nice taxpayer money the U.S. Treasury Department has been handing out via TARP comes with some strings attached. Lawmakers and even a typically "hands-off" White House are letting bankers know that they have definite ideas about how these equity infusions should and should not be used. Hint: Cushy compensation is not one of them....