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Frank, Dodd Seek Changes to Paulson's Plan to Buy Bad Assets

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Sept. 22 (Bloomberg) -- Congressional Democrats are pushing for independent auditors to monitor the Bush administration's $700 billion plan to buy bad investments from financial institutions, without threatening to block a measure they say must pass soon to avoid economic disaster. Democrats, led by Dodd and House Financial Services Committee Chairman Barney Frank, also called for restraints on the compensation of executives
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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.

Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.
Related Topic(s): Bailout; Frank-Barney; Planning, Add Tags
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