Word: barneys
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...Others think at least some portion of Fannie and Freddie may need to be nationalized. Congressman Barney Frank told the same group of reporters that it might make sense to nationalize the duties of Fannie and Freddie that have to do with promoting affordable housing. The job they do of supporting the mortgage market could be returned to the private sector. "The two roles should be separated," says Frank, a Democrat who heads the House Financial Services Committee...
...Last week, concern burst into outrage. When the Justice Department filed a legal brief arguing against gay marriage, the head of Human Rights Campaign - the largest gay-rights group in the U.S. - accused the Administration of failing to recognize the "humanity" of homosexuals. Barney Frank called the White House to protest, and several other gay Democrats announced plans to boycott an upcoming fundraiser, forcing the treasurer of the Democratic National Committee, Andrew Tobias, who is also gay, to write donors saying that he understood "all the hurt and anger...
...School.When asked about her decision, Brown said, “My parents, who were both lawyers, always encouraged me to think of banjo as an avocation rather than a vocation.” After earning her MBA, Brown embarked on a two-year stint with the investment bank Smith Barney in the public finance division of their San Francisco office. But she could not keep her mind away from music and the banjo. Eventually, Brown said, she gathered up the nerve to ask for six months of leave.“When I [told my parents] I was quitting...
...Liddy should have concluded his March testimony and cross examination in front of the House Financial Services subcommittee by pulling a blank sheet of paper from his brief case, writing his resignation on it, and handing it to chairman Barney Frank. Liddy is too class an act to have done that. He at least waited until AIG has reached a more stable state and left without a word of anger...
...went haywire (Kellermann was pegged to receive a retention bonus of $850,000). "It's hard to see any common sense in management decisions that award hundreds of millions in bonuses when their organizations lost more than $100 billion in a year," Senator Charles Grassley said in a statement. Barney Frank, chair of the House Financial Services committee, wrote to Lockhart: "I am writing to urge strongly that you rescind the retention bonus programs at Fannie Mae and Freddie...