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Tag: Secretary Of The Treasury

  • “Big City” Bailout Request Looks Better than Reported, says Nutter’s Office

    Earlier this month Philadelphia’s Mayor Michael Nutter hand-delivered a letter to 1500 Pennsylvania Ave, addressed to Secretary of the Treasury Henry Paulson and signed by himself and the mayors of Atlanta and Phoenix. In it he asked for cities to be included alongside banks, financial institutions and automobile manufacturers as recipients of the $700 billion TARP bailout package. That afternoon, the story got top billing on the Drudge Report. Days later it got nothing but ignored and, at best, derided. So what happened?   (keep reading…)
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