News PhotosNov 12, 2008
Eshoo seeks county bailout from Lehman losses
The federal government should buy the troubled assets of local jurisdictions, like San Mateo County, which suffered significant losses due to the Lehman Brothers bankruptcy, according to a bipartisan collection of California lawmakers.
The group, including U.S. Rep. Anna Eshoo, D-Palo Alto, sent a letter last week to Treasury Secretary Henry Paulson seeking him to use his authority under the Emergency Economic Stabilization Act of 2008 to purchase the assets.
Read full story from smdailyjournal.com
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Dont hold your breath Anna, I have Rick Waggoner of GM on Line 1, followed by Alan Mulhanney of Ford on Line 2, ....
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Somehow I doubt it will trickle down this far. At least we have Sand Hill Road.
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Judge it!
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