by Bill Scher | May 5, 2009 | Uncategorized
Banks Need More Capital Bloomberg: "The Federal Reserve plans to deliver results of stress tests on U.S. banks to executives today that may show about 10 companies need additional capital to weather a deeper recession, people familiar with the matter said. Banks are...
by Bill Scher | May 4, 2009 | Uncategorized
Specter Opposes Public Health Plan Option New Democrat Sen. Arlen Specter opposes public health plan option, on NBC's Meet The Press: DAVID GREGORY: You would not support a public plan? SEN. SPECTER: That's what I said, and that's what I meant. MR. GREGORY: Do you...
by Bill Scher | May 1, 2009 | Uncategorized
Banks Grade Grubbing Stress Tests Bloomberg reports: "The Federal Reserve is postponing the release of stress tests on the biggest U.S. banks while executives debate preliminary findings with examiners, according to government and industry officials. The results,...
by Bill Scher | Apr 30, 2009 | Blog
Congress passed the budget resolution for 2010 yesterday. The biggest progressive policy victory has already been well reported: the ability for Congress to use budget rules to pass health care reform and direct student lending with a simple majority vote in the...
by Bill Scher | Apr 30, 2009 | Uncategorized
Budget Passes With PAYGO Compromise W. Post on final passage of the federal budget: "...Democrats overwhelmingly endorsed the president's request for hundreds of billions of dollars in new spending over the next decade for college loans, early childhood education...
