Elizabeth Warren introduces the April oversight report of the Congressional Oversight Panel: Assessing Treasury’s Strategy: Six Months of TARP
While yesterday's US stock market close was poor, Asia and Europe didn't follow today as debt in Greece, Spain, Portugal, etc... rallied, their CDS narrowed and stocks bounced. The Greek finance minister said January tax revenues came in above expectations and that spending was below target for the month and said "that means the deficit reduction for January is well within what we have promised." The euro is rising in turn. Also helping is the story that Trichet is headed to the European Union leaders summit a day early in order to address Greece's problems even as the Greek finance...
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April 9th, 2009 at 12:03 am
Elizabeth Warren, you’re wasting your time. It’ll look great on your CV, but it won’t have much of an impact on the TARP system or future TARPs.