Barney Frank, chairman of the House Financial Services Committee, says he was not asked about the $85 billion bailout of American International Group: He was told.
(Jay Premack for the Boston Globe)
Frank: Lack of government regulation led to troubles plaguing Wall Street
Barney Frank, chairman of the House Financial Services Committee, says he was not asked about the $85 billion bailout of American International Group: He was told.
(Jay Premack for the Boston Globe)
WASHINGTON - Amid a wave of unprecedented Wall Street failures and government bailouts, Representative Barney Frank, chairman of the House Financial Services Committee, holds a powerful post in the oversight of the nation's financial system. He is holding a number of hearings on these issues, including one today on the auction-rate securities scandal that has forced Wall Street to buy ... (Full article: 1130 words)
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