Today, the Congressional Oversight Panel for Economic Stabilzation released its first report. The report is structured as a series of questions directed to Treasury. The questions are rather withering and it ain't hard to tell what the Panel thinks. For instance: "We ask Treasury to articulate ... its overall strategy ... and how its strategic shifts since September 2008 fit into that overall strategy." They'd also like to know if the Treasury has secured terms "comparable to those received in recent private transactions, such as those with Warren Buffet (and Goldman Sachs) and the Abu Dhabi Investment Authority (and Citigroup)?"
Friday links: extreme pricing pressure
1 day ago
No comments:
Post a Comment