Sunday, September 21, 2008

Frank Seeks More Oversight of Paulson's Bad Debt Plan

At least efforts are being made to protect the American taxpayer

...Frank also recommended limits on executive compensation of companies participating in the debt purchase plan, called the Troubled Asset Relief Program, or ``TARP.'' Frank's additions to Paulson's request yesterday urged the Treasury to broaden efforts to help homeowners in danger of foreclosure.....

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