Word: kanjorski
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...House shows he has a rough road ahead. The committee's ranking Republican Spencer Bachus of Alabama attacked the bill for a lack of transparency, saying he opposed plans to keep secret which banks were subject to the new powers sought by the Administration. A top committee Democrat, Paul Kanjorski of Pennsylvania, said he feared the bill's accumulation of executive-branch power. Regulators are also sniping. At Thursday's hearing in the House, Federal Deposit Insurance Corporation chair Sheila Bair said the Administration's plan didn't give enough power to regulators. Graybeards like Paul Volcker have been calling...
...billion that taxpayers gave it in October. It's making bets and taking risks again (most of the profits came from Goldman's trading operations), which is what capitalism is about. "Is there a law in the United States that you can't make profits?" Democrat Paul Kanjorski, a senior member of the House Financial Services Committee, asked the day of the earnings report...
...Congressman Paul Kanjorski, a Democrat from Pennsylvania who heads up the House of Representatives subcommittee that oversees Fannie and Freddie, backs a plan that would break up the firms into as many as 15 smaller companies. As with public utilities, he thinks the government could regulate what these firms could charge and how much they could make. That would limit the risk-taking and excess use of leverage that caused the two firms to collapse. "I think it would be bad for the mortgage market to get rid of them completely," said Kanjorski, who also spoke at the conference...
...expect no respite from controversy. On Wednesday, for example, Paul E. Kanjorski, chairman of the House Financial Services Subcommittee on Capital Markets, Insurance and Government-Sponsored Enterprises, will hold a hearing likely to raise even more questions about the company. In a statement, Kanjorski said, "Unfortunately, taxpayers do not understand how AIG ended up in such a terrible situation, nor do they understand why the Federal Government continues to give it money." It was not clear whether AIG executives would attend the hearing...
With SEC's top enforcement brass in the back of the hearing room, House committee members, including Pennsylvania Representative Paul E. Kanjorski, chairman of the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises, listened to by far the most damning explanation of how the government missed Madoff's crime for decades...