Page 32 - Christopher Cox News Today

. beige book bu we did not need a capital bailout. we needed a liquidity bridge so we could consummate the sale to a potential buyer. that is what we needed. or we needed a window to be extended to us as it was to the other investment banks that sunday night. to be even more clear, when we heard that the bank was being opened, that the federal reserve a window was being opened, that sunday night, we all said we are fine. we will get this done. we then heard it was not being opened it t...

>> if reducing consumption is a good idea, could you see the potential for a value added tax in this country? >> i know there has been a lot of talk lately about the value added tax. that has worked in some countries. it is something that would be novel for the united states. before i start singing this makes sense or that makes sense, i want to get a better picture of our options. first, how can we reduce wasteful spending so we have a baseline of the core services, and then we decide...

join together and retake their country. the time is now. this is a great moment of opportunity. people of burma, do not let this moment pass by. the world will celebrate with you as you recapture your nation. we are on your side, to the people of burma. thank you. . the speaker pro tempore: the gentleman yield back. for what purpose does the gentlewoman from texas rise? without objection. ms. jackson lee: thank you very much, mr. speaker. today, a giant of a human being , a light at th...

but don it was to use specific authority that was given by congress in 1994 to mr. greenspan. there were efforts to get it used. my column identified -- my colleagues identified this earlier. we tried to get mr. greenspan to use that authority first. there was nothing to specifically mandate what did not happen. we were frustrated. it became an ideological dispute. we were in the minority. in 2007 when congress changed hands again, we passed such a bill in the fall of 2007 to mandate w...

This bank. but they had no supervisory role although they were able to share some of that information they gain with the the sec. now, the secs chairman, mary schapiro, is going to be testifying as well. she wasnt the chairman at the time, christopher cox was. the sec is going to say theres parts of this bank we werent able to regulate, and we could not dictate to them how much risk they could take on, so our hands were tied as well. so you can see were kind of going around and around. the bankr...

from the continent have passed a landmark they never thought theyd see from the air, the white cliffs of dover. >> brown: then, marcia coyle of the "national law journal" details todays supreme court ruling striking down a ban on videos of animal cruelty. >> warner: kwame holman covers the questioning at todays congressional hearing on last years collapse of the investment firm lehman brothers. >> brown: paul solman tells the story of some homeowners whove stopped paying their mortgage...

white cliffs of dover. >> brown: then, marcia coyle of the "national law journal" details todays supreme court ruling striking down a ban on videos of animal cruelty. >> warner: kwame holman covers the questioning at todays congressional hearing on last years collapse of the investment firm lehman brothers. >> brown: paul solman tells the story of some homeowners whove stopped paying their mortgages, even though they can still afford them. >> warner: we look at community colleges strug...

people had sort of a home invasion and are still inside the home and it is unclear, how many are there but police barricaded the area, possibly armed suspects, according to the person -- im checking my blackberry -- according to the person they first got to, no injuries reported so far and we know at least that person, who was bound was not badly hurt and those are initial -- this is just coming in, also brand new, and, and, there are other people, who might have been in the home at th...

>> tom: attention titans of wall street: uncle sam wants his money back. >> if these companies are in good enough shape to afford massive bonuses, they are surely in good enough shape to afford paying back every penny to taxpayers. >> susie: president obama proposes billions of dollars in new bank fees. youre watching "nightly business report" for thursday, january 14. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from...

enforcer at the securities and exchange commission. it is the policy that all witnesses will be sworn in. do you solemnly swear to tell the truth, the whole truth, and nothing but the truth? if so, answer in the affirmative. let the record reflect that he answered in the affirmative. you may began. >> thank you. i am the director of the division of enforcement of the securities and exchange commission. i became the director on march 29 of this year. thank you for the chance to testify ...