Word: jimming
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...defunct Fannie Mae and Freddie Mac were peddling. "Yeah, I and everyone else placed Fannie and Freddie debt," he says, but "We didn't create this system and this was a mess that had to be cleaned up." He also acknowledges that he put the former Fannie Mae head, Jim Johnson, on the board of Goldman, and that Johnson chaired Paulson's compensation committee...
...Jim Johnson was on our board. I don't make him Chairman of the Compensation Committee, the CEO doesn't do that, but Jim Johnson was on our board...
...last week and mortgage rates have remained calm. Yeah, I and everyone else placed Fannie and Freddie debt. We didn't create this system and this was a mess that had to be cleaned up. And that is something that I'm proud of, Ben Bernanke's proud of, Jim Lockhardt, the regulator - not proud that the situation happened, but proud that we were able to move quickly enough to use the powers given to us by Congress to stabilize the system...
There are plenty who are happy to have someone who knows that market as well as you do in the center the storm. One further along this line, though, you did also place Jim Johnson on the board of Goldman Sachs and made him chairman of your compensation committee. Is that correct...
...everyone will go along. A bloc on the far right of the Republican Party will say no because they are philosophically against it (and because they are from securely red districts or states); Kentucky Senator Jim Bunning, using his typically heightened rhetoric, went so far as to call the proposal "un-American." And a group on the left will oppose it because they see it as a bailout for Wall Street executives (and because they're from securely blue districts or states). But it seems clear that Paulson and Bernanke managed to hit the mark with their three pages...