While in DC Mary Fallin voted for the Troubled Asset Relief Program (TARP), which authorized up to $700 billion to be given in installments to the Treasury Department to establish a program to buy certain mortgage-backed securities and other assets relating to mortgages.
Then Mary voted against a bill that required the Treasury to establish standards of excessive compensation for companies that received funds from the program and for Fannie Mae, Freddie Mac and the Federal Home Loan Bank System. The legislation prohibited the company’s from paying compensation deemed excessive, including certain bonuses and payments not related to performance standards set by bank regulators.
Since voting for TARP Mary Fallin has received $17,000 in contributions from the PACs and employees of companies that have received funding from TARP.
Mary Fallin not only gives away tax payer money to irresponsible spenders on Wall Street, she has gotten a nice little kick back from them no doubt so that she will continue to put their interests over those of the Country and Oklahoma’s.
Mary Fallin, bought and paid for by Wall Street.
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