Results tagged “Congress” from Dealbreaker
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Congress Would, However, Love To Boot The Beard
Aug 12, 2009, 10:12am
Posted by Equity Private
As a part of our "All Beard Wednesday" programme, we would like to call your attention to a Reuters piece so bold as to compare the Fed Chairman to Clark Kent and Superman. True, the piece badly mixes metaphors, implying...
Congress Wants To Be A Thorn In The Side Of The Fed- Permanently
Jun 05, 2009, 3:53pm
Posted by Greg Michaels
If Ben Bernanke thought he could keep the Fed (semi)-independent of the rest of Washington, he may get a rude awakening soon. Congress is looking to provide the GAO with the authority to audit all of the Fed's activities. The...
Even The Bunker Goes Under
Mar 19, 2009, 11:35am
Posted by Equity Private
Passing by almost unnoticed today is the news that the Greenbrier, the famous White Sulphur Springs resort retreat for Congress and whose Presidential Suite has been the host of every President since Dwight Eisenhower, has slipped quietly under the dark...
No Rest For The Wicked
Feb 11, 2009, 3:50pm
Posted by Equity Private
That's you, not the CEOs, by the way. Since CSPAN has gotten back on the ball, and therefore we don't have to watch CNBC to follow it, we continue our snide coverage: Ok guys, who believes nicotine is not addictiveyou...
SEC Replies: Madoff Hearings Part II Liveblogged
Feb 04, 2009, 12:12pm
Posted by Equity Private
Wow. It's going to be hard to pull out of the mudpit left by the artillery barrage Markopolos just adjusted onto their heads, but the SEC is going to try, damnit. Written statements (which are almost universally useless) are read...
SEC AssassinationMadoff Congressional Hearings Liveblogged
Feb 04, 2009, 11:15am
Posted by Equity Private
It's Harry versus the SEC this morning, and there aren't a lot of pulled punches. Harry: I think the losses in Europe will be bigger. The European losses are often on unreported income and won't likely be part of the...
Endless Love: Continued Liveblogging Of The Big Three
Dec 05, 2008, 12:10pm
Posted by Equity Private
It was pretty dull until just now: Rep. Paul Kanjorski: Hey, Nardelli, why the hell isn't Cerberus sending you any of the $24 billion they have if you have any chance of surviving? Corker had you people figured out yesterday....
I See What You Did There
Oct 20, 2008, 12:13pm
Posted by Equity Private
Remember, not too long ago, how much noise Congresscritters were making about "rewarding irresponsible investment bankers"? Well, CNBC has come full circle today. After The Beard was prodded after bailing out state and local governments, since we are in the...
Shortages You Never Expected
Oct 20, 2008, 11:11am
Posted by Equity Private
You are certain that the credit crisis is cutting into normal life when you tune to CNBC and see Rosa DeLauro (D-CT) ranting from the podium of the House Committee on the Budget. You know that things are way off...
Professor Beard Is Back
Oct 20, 2008, 10:11am
Posted by Equity Private
Lecturing Congress like a Monday morning professor, again. Ugh. I think I am detecting a pattern here. A droning, dense lecture that bores the markets into a placid, dumb calm. I used to think him annoying lacking in initiative. I...
The Main Event
Oct 06, 2008, 12:33pm
Posted by Equity Private
Waxman, having waxed poetic and having sharpened his disemboweling cutlasses, calls a three minute recess, and then calls for His Fuldness. Stay tuned. Fuld after the jump....
Oversight In Action, For Two Days Only, Buy Your Tickets Now!
Oct 05, 2008, 9:00pm
Posted by Equity Private
Friday, October 03, 2008 Corporate Accountability Committee to Hold Hearings on Collapse of Lehman Brothers and AIG Chairman Henry A. Waxman announced that the Oversight Committee will hold two days of hearings to examine the regulatory mistakes and financial excesses...
What Happened Around 11:30?
Sep 23, 2008, 1:55pm
Posted by Equity Private
Oh yeah. Chart after The Jump....