Tales from the Trail

Washington Extra -Soothing business, suing business

October 4, 2010

President Barack Obama had some soothing words for business leaders at the White House today, telling them that, despite some impressions to the contrary, he was really on their side after all. Financial regulatory reform was necessary, but “it is important now that there is a period of healing and consolidation and implementation that is less disruptive.”

from Summit Notebook:

Against high Hill drama, SEC chief mum on Goldman

April 27, 2010

First of all, Securities and Exchange Commission Chairman Mary Schapiro would not talk about Goldman Sachs.

from LEGACY Reuters Summits:

Troubled Freddie Mac exec was “straight arrow”

April 30, 2009

James Lockhart, head of the Federal Housing Finance Agency

James Lockhart, head of the Federal Housing Finance Agency

The chief financial officer at Freddie Mac who died in an apparent suicide was a capable executive who had no involvement in any improper accounting, according to Freddie Mac's federal regulator.