CORKER KERFUFFLE: Just got this email from Laura Herzog in Bob Corker’s office:
There’s a lot of bad information floating around. Senator Corker is NOT working on legislation with Congressman Frank, and he does NOT support the bill the House of Representatives passed last year. Sen. Corker’s proposal would NOT provide $4 trillion to bail out Wall Street. For nearly a year, Senator Corker has been working to end the notion that any company is “too big to fail.” His premise is that if a company fails, it should fail and not be propped up by taxpayers. The bill is still being crafted in the Senate, but please know the substance will be very different than the House bill.
Just FYI.