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Be sure to download and read the PDF of the last day of testimony of the FCIC.
The debate and witnesses at the “TROUBLED ASSET RELIEF PROGRAM CONGRESSIONAL OVERSIGHT PANEL HOLDS A HEARING ON THE IMPACT OF THE TARP ON FINANCIAL STABILITY” (their caps, not mine!) is today’s MUST reading.
It is fascinating, outrageous, hard-to-believe, and deeply disturbing . . .
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SPEAKERS:
EDWARD E. “TED” KAUFMAN, CHAIRMAN,
CONGRESSIONAL TARP OVERSIGHT PANEL
RICHARD NEIMAN, NEW YORK STATE SUPERINTENDENT OF BANKS
DAMON SILVERS,AFL-CIO ASSOCIATE GENERAL COUNSEL
J. MARK MCWATTERS, ATTORNEY AND CERTIFIED PUBLIC ACCOUNTANT
KENNETH TROSKE, WILLIAM B. STURGILL PROFESSOR OF ECONOMICS,
UNIVERSITY OF KENTUCKY
WITNESSES:
TIMOTHY MASSAD, ACTING ASSISTANT SECRETARY FOR FINANCIAL STABILITY, DEPARTMENT OF THE TREASURY
JASON CAVE, DEPUTY DIRECTOR FOR COMPLEX FINANCIAL INSTITUTIONS MONITORING,
FEDERAL DEPOSIT INSURANCE CORPORATION
PATRICK LAWLER, CHIEF ECONOMIST AND HEAD, OFFICE OF POLICY ANALYSIS AND RESEARCH, FEDERAL HOUSING FINANCE AGENCY
WILLIAM NELSON, DEPUTY DIRECTOR OF MONETARY AFFAIRS, FEDERAL RESERVE SYSTEM
JOSEPH STIGLITZ, ECONOMIST
ALLAN MELTZER, PROFESSOR OF POLITICAL ECONOMY, CARNEGIE MELLON UNIVERSITY
SIMON JOHNSON, PROFESSOR OF ENTREPRENEURSHIP, MIT SLOAN SCHOOL OF MANAGEMENT
LUIGI ZINGALES, PROFESSOR OF ENTREPRENEURSHIP AND FINANCE, UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS
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