ward311 asked:


Times in September. 11, 2003 NY   The new agency overseeing Fannie Mae and Freddie Mac By STEPHEN LABATON   The Bush administration today recommended the most significant refurbishment regulator of the industry's finances since the cover S & L crisis a decade ago. Under plan, disclosed at a meeting of Congress today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, companies with government support are the two greatest players of the industry mortgage loans. The new agency would have the authority, which now rests with Congress to fix one of the requirements of the capital reserve for the companies. Exercised authority over any new business line. And determine whether the two are adequately managing the risks of aerostación lists. http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63&sec=&spon=&pagewanted=print "In 2006," the Post editorialized, "McCain, pushed for stronger regulation of Fannie Mae and Freddie Mac - while Mr. Obama was notably silent. 'If Congress does not act, the American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole,' McCain warned at the time. the Barney Frank: " 'These two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis,'" said representative Barney Frank of Massachusetts, the ranking Democrat on the committee of financial services . 'More people exaggerate these problems, the more pressure there is on these companies, unless we see in terms of housing. "Affordable;"

Phuc Eu asked:


In a video interview with the night of Wednesday's Nick Ballasy CNSNews.com reporter, former president Bill Clinton said it was possible that the U.S. government could earn a profit of urgent eviction $ 700 billion proposed for the financial industry. the? of? â I think as (president of financial services in the home) Barney Frank said yesterday, in the extreme,? t? wonâ the wound up costing the country anywhere near $ 700 billion, and might actually get our money back and then some, if handled right? Clinton's? â told CNSNews.com.   To make his point, Clinton said the former federal emergency evictions, including the urgent evacuation of Chrysler and pressing the eviction of the Mexican government that led Clinton when he was president, proved to be beneficial to the government. http://www.cnsnews.com/public/content/article.aspx?RsrcID=36325 *** Bubba isn 't the only person who says this is possible: WASHINGTON, Sept. 28 (Reuters) - Sen. Republican Judd Gregg of greater confidence expressed in New Hampshire on Sunday that the money made in an urgent evacuation funded paying tax for the financial system in the U.S. will be more than recovered. "If we are successful in this effort, (Treasury) Secretary (Henry) Paulson will decide the credit markets with this very significant resource of bond money in taxpayers' money," Gregg told a news conference in the afternoon where He stressed their backing for the plan that he hoped could be voted on by Congress on Monday. "We 'll be able to get the system in a more orderly, and we' ll start of this role as we sell to recover the funds from taxes that we 've made," said Gregg, the ranking Republican on the committee Senate budget. http://www.reuters.com/article/americasRegulatoryNews/idUSWBT00987720080928

fmko ( 無神論者は神を知っていない。) asked:


The president acknowledged the legislation was necessary to reform the regulation of government-supported enterprises (GSEs) like Fannie Mae and Freddie Mac. In 2003, the president and his administration had recommended "recommended the most significant refurbishment regulator of the industry's finances since the cover S & L crisis a decade ago. Below | a's? the agency's new plan would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, companies with government support are the two biggest players in the mortgage lending industry. "(Stephen Labaton," ; The new agency overseeing Fannie Mae and Freddie Mac, "New York Times, 9/11/03) Chairman Barney Frank (direct access memory) of financial services committee of the house: "The? Fannie Mae's? â these two entities? of? â Freddie Mac are not facing any kind of? â the financial crisis | more people exaggerate these problems, the more pressure there is on these companies, unless we see in terms of housing. "affordable (Stephen Labaton," The new agency overseeing Fannie Mae and Freddie Mac, "New York Times, 9/11/03)

justagirl asked:


NEW YORK - With the eviction appear urgent Wall Street almost certainly limit CEO pay, some of the poster boys of the financial crisis have already fled the scene, taking millions of dollars in separation packages with them. ? â | below [run] Prince 's watch, Citigroup increased its exposure to credit markets for mortgages and consumer, and paid her fine effort. In its last fiscal year at the helm, his total pay package was almost $ 25 million, according to a formula of the CEO's pay from the Associated Press. At Wachovia, the bank 'expelled Thompson; s board in June after a series of false steps, the more pronounced his purchase of a California mortgage lender for roughly $ 25 billion at the height of the nation' boom to cover s. The move has led to massive losses in the bank. Thompson 'pay package of total s for last year was nearly $ 16 million. Under the government plan, the long-gone CEOs would not have to give anything back, said Steven W. Adamske, spokesman for the House Committee on Financial Services. He said there was no way to restore constitutional retroactive pay. http://news.yahoo.com/s/ap/20080925/ap_on_bi_ge/bailout_ceo_pay The congress will present the constitution to give power to the Secretary of the Treasury that he should never have. Why? t? Canadian go against the constitution and forced to pay these bastards? Then we can discuss how to pay the remainder table oriented.

Ben Thayer, Don Thatt asked:


The demands by the Democratic leadership? of? of the improvements? of? â in the account are fraudulent. Throughout the key is that this same plan presented by Paulson in closed-door meetings with congressional leaders two weeks ago. After the defeat? s of? the bill in the house on Monday, the strategy used to ensure its passage was to offer concessions to the right of the Republican in the form of tax cuts, mostly benefiting corporate interests, and other measures aimed at encouraging the balance banks in the cost of paying taxes. The? formally known as the? of? Minutes of the economic stabilization of the emergency was first proposed by Treasury Secretary Paulson, the former CEO? Goldman Sachs of the legislation, which will be among the first beneficiaries? s of? of the record. While it was proposed by the administration, the urgent eviction became law thanks mainly to the efforts of the Democratic leadership in Congress, who made his major political sponsor. At a press conference was held immediately after the vote, the chairman of the House Nancy Pelosi, majority leader Steny Hoyer, the committee chairman Barney Frank of financial services and other members of the Democratic leadership of the house hired a round of mutual back-slapping while cynically proclaiming that the aim of the legislation was to protect the American people. The law was passed not for Dow Jones, but the? of? â name of Mr. and Mrs. Jones on the main street? Pelosi said? â. In fact, the urgent eviction is directed shifting of the burden since the merger of the capitalist financial system on the rear of workers, while providing a windfall to the wealthiest interests in the country

ward311 asked:


11 September 2003 The new agency overseeing Fannie Mae and Freddie Mac By STEPHEN LABATON The Bush administration today recommended the most significant refurbishment regulator of the industry's finances since the cover S & L crisis a decade ago. Under plan, disclosed at a meeting of Congress today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, companies with government support are the two greatest players of the industry mortgage loans. The new agency would have the authority, which now rests with Congress to fix one of the requirements of the capital reserve for the companies. Exercised authority over any new business line. And determine whether the two are adequately managing the risks of their lists of aerostación. Barny Frank: Significant details must still be resolved before the Congress can approve an account. The groups denounced the offer today were the National Association of Home Builders and congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to cover low-income and affordable financing. '' These two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis, ' "said representative Barney Frank of Massachusetts, the ranking Democrat on the committee of financial services. 'More people exaggerate these problems, the more pressure there is on these companies, unless we see in terms of housing. "Affordable;" Representative Melvin L. Watt, Democrat of North Carolina, agreed. '' I don 't consider much except a shell game going on right here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to achieve housing, '' Mr. Watt said. NY TIMES http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63&sec=&spon=&pagewanted=print

Diamond asked:


Is this Wall Street is taking in on the evictions and urgent before the legislation even approve? http://news.yahoo.com/s/ap/goldman_sachs_berkshire; _ylt = AruhG.mjSJgeEbU01eM9e7Ks0NUE "OMAHA, peak. - Warren Buffett 's Berkshire Hathaway Inc. is investing at least $ 5 billion in Goldman Sachs, a huge vote of confidence for one of the survivors of the credit crisis that felled two of its peers in the investment banking activities. ANNOUNCEMENT Besides buying $ 5 billion in preferred action, Berkshire also got authorization to buy another $ 5 billion in Goldman 's share of Goldman also said last Tuesday would raise another $ 2.5 billion offer in its own common public. The news sent the parts of Goldman Sachs and stock index futures which rose in electronic trading after the Dow Jones industrial average set a triple-digit decline for the second day in a row. It could also lead to new questions that probe lawmakers for Treasury Secretary Hank Paulson, former co-CEO of Goldman Sachs. Chairman Ben Bernanke and his Federal Reserve told Congress hours earlier that quick action on an urgent evacuation of $ 700 billion for financial services firms was needed to prevent economic havoc. Goldman Sachs' party had been falling before the announcement of the government rescue plan last Friday as investors feared it could face the same kinds of thrusts of the funding that Bear Stearns and Lehman. Now members of Congress may have to look at distributing what many taxpayers like Wall Street is already gaining in. " After you read this, you think Paulson and Bernanke is true about the urgency of the emergency evacuation?

MessyJes asked:


When at the beginning of l? Financial or John McCain declared today? that "the fundamentals of the economy? a strong"? l round lambasted by the MSM, while the camp? Obama to call? her "in the declaration? n; a mistake." huge; ? As? therefore, we expect the liberals and the media campaign? to go after Obama? s of Barney Frank

fmko ( 無神論者は神を知っていない。) asked:


The president recognized? the legislation? n needed reform regulaci? of companies with government support (GSEs) like Fannie Mae and Freddie Mac. In 2003, the president and his managemen? N recommended "recommended? m refurbishment regulator? s significant industry's finances housing crisis since the S & L a d? each. Below? A? plan? new agency be? to set up within the Treasury Department to assume supervision? of Fannie Mae and Freddie Mac, the comparison? with government support as the two players m? s big pr? stamos mortgage industry. "(Stephen Labaton," The new agency overseeing Fannie Mae and Freddie Mac, "New York Times, 9/11/03) Chairman Barney Frank (direct access memory) of the Committee? financial services of the house: "The? Fannie Mae's? of? these two entities? of? of? Freddie Mac is not? n facing any kind of? of? the financial crisis? m? s people exaggerate these problems, the m? s president? No need to compare these? as, at least we will see t Terms of housing. "affordable (Stephen Labaton," The new agency overseeing Freddie Mac and Fannie Mae, "New York Times, 9/11/03)