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Financial Bailout: Deal hammered out?


That's what a series of members are saying on a press conference I happened to tune into a few moments ago -- there's an agreement, but details have to be worked out (including getting it all down on paper).

Senate Majority Leader Harry Reid, D-Nev., cited Sen. Max Baucus, D-Mont., Sen. Kent Conrad, D-N.D., and Sen. Charles Schumer, D-N.Y., as being critical to the negotiations, along with Sen. Christopher Dodd, D-Conn., chair of the Senate Finance Committee.

The House Republican negotiator, Rep. Roy Blunt, on now, cited Rep. John Boehner, R-Ohio and Rep. Eric Cantor, R-Va.

Dodd ...

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Financial Bailout: A Look at Gregg and Blunt


Rep. Roy Blunt, R-Mo., and Sen. Judd Gregg, R-N.H., will be leading the bailout negotiation team for Republicans in the House and Senate, respectively. Here's a run down of some of their key assets from their most recent personal financial disclosure filings.

One of Gregg's largest single assets is a stock investment in Bank of America worth somewhere between $1,000,001 and $5,000,000. Bank of America is one of the leading home mortgage lenders; since the financial crisis began, it's acquired troubled subprime lender Countrywide Financial and brokerage firm Merrill Lynch.

Other ...

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