Bank bailouts Oct 31, 2009
Brad Sherman, D-Calif. called the language "TARP on steroids," noting the provisions would deliberately let the executive branch enact even bigger, more unregulated bailouts than ever -- and by unilateral fiat. (Salon)
Geithner: New Law Won't Mean More Bailouts Oct 30, 2009
Brad Sherman say implies a government rescue. Sherman called the proposal "TARP on steroids," referring to the last year's government rescue fund for banks. (CBS News)
Obama financial overhaul plan gets cool reception Oct 30, 2009
Brad Sherman, D-Sherman Oaks (Los Angeles County), called the bill "TARP on steroids," referring to the government's $700 billion Wall Street rescue fund. "You've got permanent, unlimited bailout authority," he told Geithner. (San Francisco Chronicle -- Business)
Geithner: Recession Still 'Acute' For Some Oct 30, 2009
Brad Sherman of California, opposed the proposal. 1. (ABC News -- Business)
NAR: Permanent FHA Loan Limits Crucial to Recovery Oct 9, 2009
Brad Sherman (D-Calif. and Gary Miller (R-Calif. (Realtor Magazine Online)
Man guilty of robberies Oct 2, 2009
Assistant District Attorney Brad Sherman and Assistant District Attorney Linda Griggs prosecuted the case. . (Albany Times Union)
House pushes for sweeping audit of the Fed Sep 26, 2009
Brad Sherman, D-Calif. The Fed is pushing back, warning that its ability to stabilize prices and monitor interest rates would be compromised if it knew politicians were looking over its shoulder. (MSNBC -- Politics)
Saudi Ambassador Responds to Congressional Letter on Peace in the Middle East Sep 14, 2009
Brad Sherman (D-CA) and Rep. Ed Royce (R-CA) and more than 220 Members of the House of Representatives, to the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al-Saud. (PR Newswire)
Click to read:Scots: Libya Broke Lockerbie Promise Aug 25, 2009
Purchasing the support of elected officials in the US to 'legitimize' their criminal activities: Brad Sherman (D-CA-27), Rush Holt (D-NJ-12), Danny Davis (D-IL-7), David Price (D-NC-4) and Hillary Clinton presidential campaign 2008 ... That is exactly what Congressman Brad Sherman is proposing. (CBS News)
Should feds bail out California (or Atlanta)? Jul 1, 2009
Brad Sherman (D-Los Angeles) and U.S. Rep. Kevin McCarthy (R-Bakersville). (Atlanta Journal-Constitution -- Opinion)
Ailing Calif. could prolong U.S. woes Jun 30, 2009
could prolong U.S. woes - Life- msnbc. Ailing California could prolong U.S. recession. (MSNBC -- Politics)
Ailing Calif. economy could prolong recession Jun 30, 2009
Brad Sherman, D-Los Angeles. "California wants the federal government to do for a fee that which Wall Street would do for a fee if Wall Street wasn't broken.". (AZCentral -- News)
TO PUNISH IRAN Jun 26, 2009
Brad Sherman (D-Calif. and Mark Kirk (R-Ill. (New York Post -- Opinions)
Will Blue Dog Democrats Fund Terrorism? Jun 16, 2009
com dated March 31, 2009, Blue Dog Democrat Brad Sherman of California, wrote to the President recounted a conversation the two men had the day before regarding "the need to prevent funding from the G-20 package from going to Iran." ... The full text of Brad Sherman's is here (PDF) ... Compound that with their knowledge that Iran is getting IMF funding and Barack Obama agreed with Brad Sherman that there is a need to prevent funding from going to Iran and they should have no reason to support... (Human Events Online)
Pelosi Still Receives CIA Briefings, But Won't Say If They're Truthful... Jun 6, 2009
Brad Sherman (D-Calif. in a letter to colleagues yesterday said, We face the very real possibility that some of the world s worst regimes will benefit from the additional resources provided to the IMF, World Bank and other international institutions, unless the U.S. works vigilantly to deny this assistance. (The Drudge Report)
Cantor Heightens Charges Against Pelosi Over IMF Funding Jun 5, 2009
Brad Sherman (D-Calif ... Not only does the Speaker s Democrat colleague Brad Sherman acknowledge that these dollars could fall into the hands of terrorists, but the New York Times reported that Hezbollah is talking to the IMF about financial support. (Roll Call)
AIG CHARITY GRAB Jun 1, 2009
Brad Sherman (D-Calif. who has often grilled AIG in congressional probes, said that if AIG wins the money from the foundations and other charities, "it should go to taxpayers, not for bonuses.". (New York Post -- Business)
California wants federal government to back its loans May 28, 2009
Brad Sherman, one of 15 Democrats in California's House delegation who signed a letter earlier this month asking for the federal loan guarantee. Plus, supporters of the idea note that Washington stands to make a profit from loan fees as it did after bailing out New York City in 1975, a move that brought the city back from the brink of ruin. (Waterloo Courier, IO)
US nuclear accord with a Persian Gulf state raises concerns about proliferation May 24, 2009
Brad Sherman (D) of Calif. in a statement following the administration's announcement Thursday it had signed the accord. (Christian Science Monitor)
California voters reject budget measures May 20, 2009
Brad Sherman, a Democrat from Sherman Oaks. 00004000. (Honolulu Advertiser)
Iran Divides Obama, Netanyahu May 20, 2009
Tuesday, May 19, 2009. SIGN UP FOR FREE NEWS ALERTS. (Newsmax)
Bailout repayments to aid small banks May 14, 2009
Several members of Congress, including Democratic Representative Brad Sherman of California, contend that the law creating the TARP doesn't allow the money to be invested a second time. Instead, repayments should be used to reduce the national debt, they say. (Globe and Mail -- Business)
Geithner: Bailout Repayments Mean $ For Smaller Banks May 14, 2009
Brad Sherman, D-Calif. contend that the law creating the TARP doesn't allow the money to be invested a second time. (ABC News -- Business)
Obama's first big diplomacy test: Iran Apr 28, 2009
Brad Sherman (D) of California and Rep. Mark Kirk (R) of Illinois, is the latest congressional effort to use Iran's dependence on foreign-refined gasoline to influence its behavior on its nuclear program. (Christian Science Monitor -- USA)
Sherman Seeks Harsher Tax on Executive Pay Apr 1, 2009
Brad Sherman (D-Calif. a member of the Financial Services Committee, on Monday introduced a bill to impose a 70 percent surtax on all pay that exceeds $1 million at firms that took more than $500 million in Wall Street bailout funds. (Roll Call)
Geithners gamble Mar 27, 2009
Treasury faces battle in bid for powers - Eye on the Economy- msnbc. Treasury faces battle in bid for broad powers. (MSNBC -- Business)
Officials seek new power over financial companies... Mar 25, 2009
Brad Sherman, D-Calif. told Geithner: "What I fear here is that we are doing a kabuki theater in three acts. "The first act: Washington tells the American people, 'We understand your anger at Wall Street. (The Drudge Report)
Top economic officials plea for regulation Mar 25, 2009
Brad Sherman, D-Sherman Oaks (Los Angeles County), told Geithner: "What I fear here is that we are doing a Kabuki theater in three acts. "The first act: Washington tells the American people, 'We understand your anger at Wall Street. In the second act, we nitpick to death any proposal that actually adversely affects Wall Street. (San Francisco Chronicle -- Business)
Geithner seeks expanded powers Mar 25, 2009
Brad Sherman, D-Calif. whether there were other financial companies besides AIG who took taxpayer bailouts and then paid big bonuses to their executives. (Globe and Mail)
U.S. Treasury to unveil bank rescue bid soon Mar 22, 2009
California Democratic Representative Brad Sherman, who sits on the House Financial Services Committee, was sceptical of the toxic asset plan. "It looks like a scheme in which the taxpayer takes all the risk and the hedge funds get almost all the profits," Sherman told Reuters, adding it was not surprising the proposals were framed in such a way that they need not be put to a vote. (International Herald Tribune)
Goldman Sachs says $13B from AIG is fair Mar 22, 2009
Brad Sherman, D-Calif. Sherman noted that terms of the federal bailout of General Motors required it to renegotiate deals with company bondholders. (Honolulu Advertiser)
On Your Mind Mar 22, 2009
Brad Sherman, a Democrat from California, has been trying to engage Rush Limbaugh in a debate on radio for a month. Rush is ignoring the challenge, however. (Sierra Vista Herald, AZ)
* AIG told to scale back retention pay Mar 16, 2009
US Representative Elijah Cummings has said AIG showed a pattern of deception in its disclosures and Representative Brad Sherman asked during a December hearing whether AIGs retention payments were appropriate for executives who are part of the team that ran the company into the ground. This story has been viewed 341 times. (Taipei Times, Taiwan -- Sports)
FOXBusiness: Will the SEC Bring Back Uptick Rule? Mar 15, 2009
Brad Sherman (D-Calif. is one of 27 members of the House Financial Services Committee to sign a letter to the SEC Wednesday urging the agency to approve a new version of the rule. (Fox News)
LETTER: Radio-TV dials stop before Rush's frequency Mar 13, 2009
Brad Sherman, a Democrat from California, has been a leading critic of his party leadership's response to the banking crisis ... "Very truly yours, Brad Sherman.". (Mattoon Journal-Gazette, IL)
Please Squeeze the Mullahs Mar 7, 2009
Last Friday, a bipartisan group of House members -- Howard Berman, Brad Sherman, Ileana Ros-Lehtinen, Robert Wexler, Mark Kirk, Rob Andrews and Edward Royce -- sent a letter to Energy Secretary Steven Chu, asking him to reconsider a federal government contract awarded to Vitol in January, just days before the Bush administration left office. They noted that Vitol has a checkered history, for example, pleading guilty, in 2007, "to grand larceny in New York state court in connection with kickbacks... (Townhall.com)
AP: SPIN METER: Oh Really? That Wasn't Bailout Cash? Mar 4, 2009
Brad Sherman, D-Calif. told banking executives at a hearing last month. (Missourian Publishing, MO)
It's Worse Than We Thought Mar 1, 2009
Taxpayers are being ripped off, Congressman Brad Sherman, a Democrat from California who sits on the House Financial Services Committee, told Bloomberg in a statement. The only thing worse than nationalizing a bank is to pay for the entire bank and only get one-third of it, he said. (Slate)
Northern Trust Responds to Members of Congress Feb 28, 2009
Sincerely, Frederick H. Waddell President and Chief Executive Officer Northern Trust cc: Carolyn B. Maloney Brad Sherman Member of Congress Member of Congress Dennis Moore Wm. Lacy Clay Member of Congress Member of Congress Stephen F. Lynch Brad Miller Member of Congress Member of Congress Al Green Gwen Moore Member of Congress Member of Congress Paul W. Hodes Keith Ellison Member of Congress Member of Congress Charles Wilson Bill Foster Member of Congress Member of Congress Andre Carson Mary Jo... (PR Newswire)
major recipients of PMA campaign donations Feb 24, 2009
How to use this search tool:Donor Lookup: Individual campaign contributorsZIP Code: Local contributions and other informationPerson: Politicians, lobbyists and other notable peopleOrganization: Corporations, unions, trade associations, etc (Harper's Magazine)
Shangri-La Industries Hosts Green Business Leadership Roundtable With Special Guest Former President Bill Clinton Feb 20, 2009
Congressional leadership represented at the Shangri-La Industries roundtable included: Congressman Xavier Becerra (CA - 31st District), Congresswoman Laura Richardson (CA - 37th District), Congressman Brad Sherman (CA - 27th District) and Congresswoman Maxine Waters (CA - 35th District). Southern California communities were represented by: Los Angeles City Council President Eric Garcetti, Mayor of Burbank Dave Golonski, Mayor of Long Beach Bob Foster, Executive Director of Facilities and... (PR Newswire)
Accounting for (Congressional) Dummies Feb 17, 2009
This week, I watched, with amazement, Larry Kudlows joust with Congressman Brad Sherman about accounting ... Brad Sherman is not just a member of the House Financial Oversight Committee; hes considered the resident expert on topics such as finance and accounting for the group. (Townhall.com)
Toxic Asset Plan Worsens Credit Crunch Feb 13, 2009
SIGN UP FOR FREE NEWS ALERTS. Thursday, February 12, 2009 9:29 AM. (Newsmax)
In grilling, bank executives offer assurances Feb 12, 2009
Representative Brad Sherman, a California Democrat, expressed outrage at prior statements by some bank officials that bonuses had not been paid with taxpayer money, referring to the idea that even if that were technically true, the federal aid could have freed up cash that was used for bonuses. "Money is fungible," Sherman said. (Boston Globe)
Wall St. CEOs berated by lawmakers Feb 12, 2009
Brad Sherman to advise them to give up the expensive planes. "You could sell them," he said. (Yahoo News -- Top Stories)
