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9. On Sept 18, 2008, 'The Big Three' met with President Bush and asked him to support what they called the TARP program which stood

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9. On Sept 18, 2008, 'The Big Three' met with President Bush and asked him to support what they called the TARP program which stood for to help buy out the troubled banks on Wall Street. Tunnel and Reservoir Plan O Troubled Asset Relief Program Technical Assistance Research Program O Trigger and Response Plan 10. Although the President was reluctant to support the TARP bailout, he expressed his feelings about it by stating: "If this is Hoover or , for damn sure am going to be Meaning he would rather spend money to help the country during a financial crisis than try to let the economy fix itself. O Esienhower O Coolidge O Harding O Roosevelt 11. Bernanke and Paulson met with the leaders of Congress and asked for within 72 hours to stave off a world wide financial crisis. O $600 thousand $500 trillion O $700 billion O $400 million12. John Mccain's plan to suspend his presidential campaign to go back to Washington to work on the financial crisis met with all the following criticisms (Select 5): Barney Frank thought it was absurd and called it, "The longest Hail Mary pass in the history of football and Mary's." O It worried Hank Paulson - "Oh my gosh! If he comes out against what we're doing we'll lose the Republicans and maybe the Democrats too!" O It baffled President Bush - "That's the stupidest thing I ever heard..." Rahm Emmanuel said, "It was his last gasp for air as their ship was sinking." Nancy Pelosi said, "Their plan was... how do we say... just not there." It angered Obama - "There was some cursing... It was irritating... to say the least" Chief of Staff Josh Bolton said, "Oh my gosh... Do we have to talk about that again??... What a mess!" 13. After the botched meeting at the White-house with Obama and Mccain, Hank Paulson begs Nancy Peolosi (The Speaker of the House) to bring the TARP legislation to the floor for a vote but she responds, O There's no way I will vote for that garbage plan! It's not us, you have to get the votes from your side (the Republicans) This is a bailout for Wall Street... What about the moms and dad on Main Street? 14. One of Bush's maxims on leadership is, "During a crisis its not only the job of leader to project calm, you have to project O confidence O power O arrogance O justice 15. Representative Rahm Emmanuel's concern was, "Will the CEO's of these Wall Street banks keep their bonuses while we're bailing them out? There has to be -... Receiving the bail out was an acknowledgment that you messed up." O some Old Testament justice some ramifications for all this O a few heads to roll after all this

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