And here I was thinking I wouldn’t get to use the Hank Paulson tag much any more. More from the chair of the TARP Congressional Oversight Panel, Elizabeth Warren -
Prof. WARREN: Well, they’re trying to push money into banks and the question the oversight panel was asking is, `are you getting an equivalent amount back?’ And so that’s what this was about. Now there could be lots of policy reasons that Treasury might decide that it wanted this money to be in the banks. But our question is the one we put to Secretary Paulson, and that is, `are you putting it in and getting back assets that are worth equivalent value?’ He told us yes; our independent investigation said no.
CHEN: So are you saying he was lying?
Prof. WARREN: Well, I’m telling you he told us yes and our independent investigation said no.
HuffPo has the video.



lavacake // Feb 7, 2009 at 8:24 pm
Paulson’s response: “define equivalent value”.
PhoenixRising // Feb 8, 2009 at 1:02 am
Not lying so much as ‘couldn’t define “value” if you spotted him both hands and a flashlight’, Senator.
My aching head…
Mark Dowling // Feb 10, 2009 at 10:47 pm
Schumer pork brought down US1549 (ahem, allegedly…)
http://suitablyflip.com/suitably_flip/2009/01/schumers-pork-nearly-killed-155-people.html