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Old 09-27-08, 08:20   #47 (permalink)
Bunky
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Re: Obama or McCain?

The bill in question never really made it to a House vote.

It could have passed if the Republican leadership wanted it passed since they had control of all of Congress over Democrat onjections so there were a number of Republicans that may not have wanted this either. I am not sure it would have prevented anything now except that the government would likely had to bail them out anyway as we did with AIG, etc. The difference was loan guarantees but CEO's salaries, etc. would be the same.

It could have been reintroduced the next year as well. There is definitely a lot of this that is not known.
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