Ted Kaufman

3 Stories

Taxpayers Gave Romney $8.9M to Plan 'Transition'

New law provides candidates with resources whether they win or not

(Newser) - The federal government handed Mitt Romney's team millions of dollars to plan a presidential transition that never happened, Freedom of Information Act requests reveal. Romney was the first beneficiary of the Presidential Transition Act of 2010, which provides major party candidates with resources to plan their transitions mid-campaign, Time... More »

More Than 2 Years Later, Secrets of Bailout Emerge

Banks took in billions of dollars, even as they claimed to be healthy

(Newser) - For more than two years, the Fed and the banks it bailed out during the 2007 to 2009 financial crisis have kept many of the details of the massive, multi-trillion-dollar bailout a secret. But, thanks to Freedom of Information Act requests, 29,000 pages of bailout details are pouring out... More »

Liberals Push to Toughen Bank Bill

See Goldman troubles as opening to break up banks, restore firewall

(Newser) - The Left is suddenly playing offense in the push for financial reform legislation, with liberal senators preparing a barrage of amendments to beef up the bill. One would break up the nation's six largest banks—Goldman Sachs, JPMorgan, Bank of America, Wells Fargo, Citigroup, and Morgan Stanley—whose combined assets... More »

3 Stories