Herb Allison News Today

[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] and as you can see come of the room filling up at chop and hall at Miami Dade College and were just waiting for mr. Patterson to get started. This is live coverag...

Put up a the administration and generally to buck me up sometimes and i felt a little beat down or overwhelmed, who would give me some focus and remind me i had an opportunity with the shop not just to provide oversight over the 700 billion bailout, but use it as a bully pulpit to try to affect positive change as we were going to the bailout. Cspan what impact did it happen anything that do this are public enemy George Bush Administration and the white house and a counselors house and youre a de...

Know, hes weighed in on anything that finally were going to get some clarification. The big mover today is delivering alpha. It is. It is. A lot of people promise to seek alpha. Very few deliver. This is the humphrey hawkins, maybe his last one, among the House Financial Services committee on Monetary Policy begins at 10 00 eastern. But his prepared remarks will be made in time for us to look at them at 8 30 eastern and investors obviously are going to be hanging on every word, if he adds and if...

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Committee. that was after the review of the loans was complete. but the top republican on the house energy committee, congressman cliff stearns, says allisons financial support for the presidents re-election effort, quote, undermines his credibility and shows once again, that the president did not want a careful, independent, review of his risky green jobs scheme. the loans were reviewed, you may remember in the wake of solyndra, the california solar energy firm going bankrupt and costing taxpay...

Get one of those too. martha: so theres a new report that find a wall street executive who exonerated the white houses energy loan program, then became a pretty sizable donor to the campaign. herbert allison, jr., started giving money to the obama campaign two weeks after telling congress the government was not at high-risk in its more than $23 billion loans to green energy firms. molly henneberg looking at the story from washington. how much money are we talking about in campaign contributions ...

Washington abandoned main street while rescuing wall street." orauth and former inspector general neil baroski is our guest. good morning to you. >> good morning. >> lets start at the beginning of the book followed by the name of herb allison who is a big shot in the world of finance and he was down in washington and he pretty much threatened you that you were doing too good of a job keeping tabs on our money. >> essentially, what he told me and this is really endemic to whats wrong with washing...

That were put out, two of them are now in bankruptcy because the second one went bankrupt over the weekend. we are starting to see others start to fail here. thats why the president now has appointed has appointed herb allison on the commission head to look into all the loan guarantees with the department of energy. lo and behold, i think the president realizes just as we do on the subcommittee that this loan-guaranteeing scheme is not working. and he wants to get ahead of it with mr. allison. >...

Here? >> well, lets step back for a minute. we have to win this race. you know. we -- if we dont win the clean energy race, in terms of technology, innovation and jobs, and see it to other countries were not going to have the sense. it would be like us ceding the automotive race or the internet or computer race. >> in dire economic straits government should be playing venture capitalist? >> these are going to be in terms of solar, alternative values. now we take very seriously the fact that one ...

>> kimberly: something about the review of the energy department loans. that is interesting and significant. you decide. herb allison who oversaw tarp will be the individual in charge of the oversight. we remember tarp being the financial disaster that it was. >> dana: actually, it was -- >> bob: give tarp a break. it did work. i want to congratulate dana for her consistent, persistent call for an investigation in to the loans. i also, the reason they dont do solyndra is its already being invest...