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Corporate Governance
: The Race to the BottomThe Oversight Committee Studies the Implementation of TARP (And Doesn't Like What It Sees)
By J. Robert Brown
TARP included a provision for periodic review by an Oversight Committee. The Committee has issued its first report and has found that Treasury has administrated the program "without seeking to monitor the use of funds provided to specific financial institutions." The conclusion is no surprise. In particular, the funds allocated to financial institutions has not been conditioned upon some type of managerial accountability or responsibility. Hopefully this will change with regime change in the White House.
Full post as published by The Race to the Bottom on December 10, 2008 (boomark / email).
Emergency Economic Stabilization Act of 2008
Bailout Bill HR124
Foreign Investment and National Security Act of 2007
Strengthens examination requirements of the Committee on Foreign Investment in the United States
FAA
Signficant Lack of Oversight in Airline Maintenance
Lipitor
Review of Studies Show No Significant Benefit in Women
Asbestos and Mesothelioma
Studies have shown that asbestos particles in the air can cause mesothelioma, lung cancer, and lung disease asbestosis, and many former and all new uses of asbestos in the U...
Cipro
The FDA is seeking to add black box warnings of the risk of tendon rupture associated with Cipro and Levaquin.
The ruptures can involve Achilles tendon, shoulder, hand, bicep or thumb tendons, and is especially increased in patients older than 60, or people who have received kidney, heart or lung transplants, as well as people on steroid therapy...

Oversight Hearing Regarding Treasury Department Conduct Of TARP
Chairman Frank to Secretary Paulson: Our Intent Couldnt Be Clearer
House Committee to Examine TARP
GAO Report Shows Treasurys Implementation Of TARP is Not Transparent or Accountable
Frank Urges Paulson to Use TARP Funds to Stem Foreclosures
Kashkari: Treasurys TARP Faces Long Road Ahead








