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February 6, 2009Senate Version of the "Splurge / Stimulus"
Meanwhile, it appears improved PR is on offer by the new Administration: To improve the bailout's poor public image, the administration is considering renaming the $700 billion Troubled Asset Relief Program and making it independent of the Treasury. It is also going to announce new terms and conditions for companies that receive or have already taken government aid -- in addition to the new executive-compensation limits announced this week -- including a demand that they report how the money is being spent.Related: Cicero & Plato on how republics die. Posted by Jim Zellmer at February 6, 2009 10:30 PM Subscribe to this site via RSS/Atom: Newsletter signup | Send us your ideas |