From Leslie Wayne, a DealBook colleague: Eight of the nation's top bankers who got a legislative tongue-lashing on Wednesday may have an additional reason to be upset. Nearly every member of the House Financial Services Committee — including its Democratic chairman, Representative Barney Frank ...

Mortgage Biz: Fewer choices, fewer deals ahead as mortgage insurers cut off third party originators MGM in Vegas has the luxury of hiring during a recession Can Barney Frank ...

During the testimony of the bank CEOs in front of the House Financial Services Committee today (2/11/09), Congressman Stephen F. Lynch (D-MA) asked what the bankers thought of a "transaction fee" on purchases of stocks and bonds. Lynch's idea is that because a sizable minority of his district ...

The Bush Admininstration, Alan Greenspan, Treasury Secretary John Snow, and Senator McCain warned repeatedly about Fannie Mae and Freddie Mac and what thus became the 2008 financial crisis -- starting in 2001. Democrats like Barney Frank resisted. HT: Dallas Walton

Mortgage Biz: Fewer choices, fewer deals ahead as mortgage insurers cut off third party originators MGM in Vegas has the luxury of hiring during a recession Can Barney Frank ...

It took two and a half hours, short before the conclusion of the morning session of the House Financial Services Committee hearing today, for a member of the panel to ask the eight assembled bankers to provide a detailed accounting of what they've done with all that TARP money. Gary Ackerman of ...

Previously: Let's do this . Vikram Pandit : [mumbling] Because you touch yourself. Frank : What? VP : Nothing. John Mack : Great question, your honor...I'd do this job even if you paid me nothing. * Context: Mr. Frank is referring to bonuses. He also would like to know if the ...

Witness List & Prepared Testimony: Lloyd C. Blankfein, Chief Executive Officer and Chairman, Goldman Sachs & Co. Jamie Dimon, Chief Executive Officer, JPMorgan Chase & Co. Robert P. Kelly, Chairman and Chief Executive Officer, Bank of New York Mellon Ken...

In no way is there going to be much positive press today about the U.S. banking sector. The top CEO’s of America’s key TARP banks are going to be in front of the House Financial Services...

Eight of the nation's top bankers are going face to face with their critics on the House Financial Services Committee on Wednesday to explain how they used their large portion of the government's $700 billion banking bailout and to say whether they will need even more money. There are sure to ...

There should be lots of grandstanding, fireworks and acrimony Wednesday at the House Financial Services Committee hearing on TARP Accountability -- and that's just among the politicians. Just wait until they get their hooks into the assembled bank CEOS. And you'll be able to watch it all here ...

Vikram Pandit, John Mack, Lloyd Blankfein and Jamie Dimon are set to testify before Barney Frank and the House Financial Services gang tomorrow to determine who knew what and when. Ahead of the Congressional Shouting Match, Charlie Gasparino has dug deep in a way only he can. His fact finding ...

Now at least a half hour behind the live coverage of today's House Financial Services Committee hearing on the Federal Reserve's many and varied liquidity measures implemented over the last year or so, there's already been a memorable moment. In his opening remarks, Rep. Spencer Bachus ...

Chairman Ben S. Bernanke, Federal Reserve programs to strengthen credit markets and the economy Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. Chairman Frank, Ranking Member Bachus, and other members of the Committee, I appreciate this ...

Oh and Barney Frank is another voice I hate to hear.

GREAT stuff here....Andrew Sorkin provides 10 questions that those receiving bail out money should answer. The questions are great, but even more than that, he sets the stage well with his lead in. Indeed, some of them might make the basis for some good essay test questions ;) DealBook Column ...

In case you missed these stories: - Boys, leave the private jet at home All of the big-name financiers set to appear before the House Financial Services Committee in Washington DC on Wednesday will go to the capital by train or commercial aircraft. - Dresdner cuts non-German equities ...

The mostly complete Markopolos It’s long – 375 pages, including his testimony before the House Financial Services Committee this week — and occasionally repetitive, but the documentation of would-be Madoff whistleblower Harry Markopolos’s near decade-long attempt to have somebody, anybody ...

In this week's edition of Compliance News Headlines, we highlight the recent testimony of Harry Markopolos lambasting the SEC at the congressional hearings on the Madoff Scandal. Also, Barney Frank backs a regulator sistemic risk, the U.S. confirms high-voltage cable antitrust probe, the DOL ...

Via Smarkets , the FT . The FT . PS: Contra Jason Ruspini, I have always said that the CFTC route is the wrong route. The U.S. should establish a kind of “Gambling and Betting Commission, like in the U.K., in my view (and Caveat Bettor ’s view ). - ---------- Midas ...