I mentioned earlier that the Goldman fraud allegations would likely be wielded by Democrats as an exemplar in the financial reform fight. Yup. (Emphasis mine):
Washington, DC—Nevada Senator Harry Reid released the following statement today in response to SEC charges against Goldman Sachs regarding mortgage investments:
“Millions
…
The AFL-CIO has been emailing around a new campaign ad attacking Arkansas Sen. Blanche Lincoln for taking money from Wall Street, just days after Lincoln defied union fears and sided against Wall Street on derivatives regulations.
[youtube=http://www.youtube.com/watch?v=KXhg_xG9rGQ&hl=en_US&fs=1&]
Lincoln, meanwhile, is not exactly …
For weeks now, suspense, like springtime pollen, has flitted through the air in Washington. The reason is something that almost no one in America understands: derivatives. One type of these complex financial products–credit default swaps–played a central role in the recent financial collapse, serving as a sort of Trojan Horse that hid …
I’ve said many times the current anti-Washington mood makes congressional incumbents act like they’ve never been there before. Nowhere is this more apparent than in carefully staged campaign ads. But Blanche Lincoln is taking a slightly different tack in her latest TV spot, hoping her recent ascent to the chair of the Senate Agriculture …
Senate Democrats have been waiting on tenterhooks for a score from the Congressional Budget Office before they can introduce their health care reform bill and start the debate. Assuming the score comes today, the bill could be introduced as early as tomorrow. But, don’t get your hopes up for a vote any time soon. Senator Blanche …