Michael Paese used to be the chief of staff to Finance Committee Chair Barney Frank until he took a job... View Article
Continue readingTreasury Releases TARP Lobbying Rules
According to the Hill, yesterday the Treasury Department released its rules regarding “Communications With Registered Lobbyists And Other Persons About... View Article
Continue readingFormer Treasury Official Thought TARP Lobbyist Rules Were Political
Not sure what I think about this, but former TARP czar Neil Kashkari, appointed under President Bush, told the TARP... View Article
Continue readingAre the Inspector General’s Financial Bailout Recommendations Out of Date?
Earlier this month, the Inspector General responsible for overseeing the government’s bailout of the financial sector released an audit of... View Article
Continue readingThey Don’t Call It TARP For Nothing
You can’t see under it. While we might be a bit concerned about Recovery.gov’s reporting practice for a bunch of... View Article
Continue readingWeekly Media Roundup – May 1, 2009
Here are a few of the more interesting media mentions of Sunlight and our friends and grantees from this week:... View Article
Continue readingDraping Transparency Over the TARP
Since the passage of the Emergency Economic Stabilization Act of 2008 authorized the $700 billion bailout of the financial sector... View Article
Continue readingBank Employees Stop Giving to Campaigns?
Here’s a man bites dog story. The Washington Independent has reported that banker employees have turned off the cash spigot... View Article
Continue readingExaminer calls for more transparency in TARP
They mention Anu's report of how difficult it was just to get the names of the folks manning the TARP desk. The editorial is here. Key passage:
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Who’s manning the TARP desk?
Less than half a dozen people are responsible for making the final decisions about which banks get part of the $700 billion in bailout money available through the Troubled Asset Relief Program, according to Department of Treasury officials. In response to a Freedom of Information Act request made by the Sunlight Foundation in January for the members of the TARP Investment Committee, a FOIA officer recently responded with just four names, including Assistant Secretary, Neel Kashkari; Chief Investment Officer, James Lambright; Acting Assistant Secretary for Financial Markets, Karthik Ramanathan and Acting Assistant Secretary for Economic Policy, Ralph Monaco, all holdovers ...
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