Is there anyone in America who does not believe that the American Government will rush back in and support the money markets?
I am sorry----
Do you know if they spoke with any of the counterparties?
I am going to have to stop you there, Congressman. I am going to be disciplined about time.
I will take yes for an answer.
AIG had people holding credit default swaps, and they took no haircut at all.
In granting Treasury such enormous discretion with TARP money, Congress expected an equal measure of transparency and accountability.
Well, maybe I should ask it with more specificity. Was Treasury aware of who the counterparties were that were going to receive payment in f...
Taxpayers question what TARP accomplished when, on an individual level, their financial circumstances seem more precarious than ever.
I just want to know, are we more at risk on the question of concentration than we were a year ago?
Thank you.