Tuesday, April 27, 2010

Poll: 35 percent of Republicans back 'bailout fund'

(Washington Post blog) - Thirty-five percent of Republicans support "requiring large banks and other financial companies to put money into a fund that would cover the cost of taking over and breaking up any large financial company that fails and threatens the broader economy," the part of the bill labeled the "bailout fund" by Republican leaders. Twenty-seven percent support "having the federal government regulate the complex financial instruments known as derivatives." Forty-four percent support "increasing federal oversight of the way banks and other financial companies make consumer loans, such as mortgages and auto loans, and issue credit cards." And a majority, 53 percent, support "stricter federal regulations on the way Wall Street firms conduct their business."

(Full story)

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