“What we’re trying to do is get information from the SEC on whether or not the SEC is doing its job,” Grassley said on Bloomberg TV today of his current investigation. [Bloomberg]
Chuck Grassley
Chuck Grassley Under The Impression The SEC Would Know Whether Or Not It’s Doing It’s Job
By Bess LevinChuck Grassley’s Got A Pitchfork And Its Prongs Are Pointed Toward Stamford, Connecticut
By Bess LevinThe senator wants to be kept in the loop re any ‘suspicious trading’ at SAC Capital (he doesn’t know of any, but in case anything comes up in the files) and also has questions just generally about what life is like there. Continue reading »
Senator Chuck Grassley would like Lloyd Blankfein to please stand up, leave his nuclear balls behind and explain what the deal is with the ad Goldman placed in Politico about being “one of the principal underwriters of the “Build America Bonds” program.
Specifically, Grassley is interested in finding out whether “the big Wall Street investment banks being so involved in, and profiting from, the Build America Bonds program siphons off a lot of taxpayer dollars that are meant to help cities and states.”