The bailout (the Emergency Economic Stabilization Act, the Troubled Asset Relief Program, TARP, etc.) and the stimulus (the American Recovery & Reinvestment Act) are massive pieces of legislation with lots of moving parts. Thus, the more eyeballs on them and what's around them, the better.
A Piece of the Action? tracks one aspect of the unfolding age of bailing and stimulating -- interests hiring Washington lobbyists to at the very least monitor and likely to try to influence how the government spends its money.
As noted immediately below, this database is an imperfect resource. But it's what we can do ...Continue reading
Via twitter, via Right Org, comes this very cool way of tracking the Treasury Department's Troubled Asset Relief Program investments from Ethisphere -- almost like an S&P index of stocks of publicly traded firms that have received money from TARP:
For the week ended February 13, 2009, the aggregate Ethisphere TARP Index is down a total of $86.5 billion, out of the original investment principal of $195.5 billion for a total balance of $109 billion. However, the Adjusted Ethisphere TARP Index, which excludes the calamity investments, has an aggregate loss $27.6 billion as of the week ...Continue reading
Buried in prepared testimony by the director of the Congressional Budget Office on Jan. 28 are some eye-catching numbers that reflect... View ArticleContinue reading
From October 1, 2008 through the end of the year, eighteen companies that had received, or would receive, bailout funds... View ArticleContinue reading
Something’s missing from the public debate about recovery.gov, the Web site proposed for public stimulus disclosure. Most of the coverage... View ArticleContinue reading
Rep. Brian Baird and Rules Chair Louise Slaughter reintroduced an important transparency bill that would ban lawmakers, executive branch officials,... View ArticleContinue reading
Just yesterday, I was posting about restricting TARP firms from using funds for political influence. Today, Treasury Secretary Tim Geithner... View ArticleContinue reading
There are so many “fool me once…” moments with the ongoing bailout of the financial industry. One that is particularly... View ArticleContinue reading
Starting today, the Subsidyscope Web site tries to bring a little order to the government’s bewildering economic rescue effort. A... View ArticleContinue reading