Phil Gramm

September 22, 2008 - 1:52pm
PRESS RELEASE

Sununu Voted for No Oversight of $70 Trillion in Swaps Market


For Immediate Release
September 22, 2008

Alex Reese
(603) 768-1714

 Sununu Voted for No Oversight of $70 Trillion in Swaps Market

Credit default swap market exploded due to lack of oversight, pushing our economy further toward disaster

(Manchester, NH) - As part of his long record opposing Wall Street oversight, John Sununu voted to allow the enormous credit default swap market to go entirely without oversight, a market the has ballooned to over $70 trillion per year and played a huge role in the collapse of insurance giant AIG. Sununu voted in favor of former Senator Phil Gramm's Commodity Futures Modernization Act, which explicitly exempted credit default swaps from any regulation or oversight.

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June 21, 2008 - 3:23pm

LaBombard attempting to sell famous bus

John LaBombard bus: Photo Credit: John LaBombardJohn LaBombard bus: Photo Credit: John LaBombard

The bus that has been a staple in New Hampshire politics is now for sale on eBay.

John LaBombard says he is selling the coach bus because he is retiring.

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