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Statements about Financial Regulation
Kurt Schrader

Kurt Schrader

False

2008 was so very, very long ago

Says more Republicans than Democrats voted for the Wall Street bailouts.

Republican Party of Florida

Republican Party of Florida

Half-True

McCollum and Crist were in charge, too.

"Newspapers say Florida made bad investments, lost hundreds of millions of dollars, billions in pension funds lost. Who was in charge of Florida's investments? Alex Sink."

Rick Scott

Rick Scott

Mostly False

Ad overplays Sink's role

"Alex Sink funneled three quarters of a million dollars in no-bid contracts to Bank of America."

Patriot Majority PAC

Patriot Majority PAC

Mostly False

Tying Angle to goose-stepping Chilean soldiers?

The Chilean "privatization scheme" that Sharron Angle supports "has resulted in hidden fees, fewer benefits, and millions of people with no coverage."

Phil Gingrey

Phil Gingrey

False

Gingrey's GM claim veers off-course

The federal government can tell General Motors what to charge for its automobiles.

Loranne Ausley

Loranne Ausley

Half-True

Atwater left 14 months before FDIC stepped in

"(Jeff) Atwater's bank was so weak that just a few months ago it was shut down by the FDIC."

Kendrick Meek

Kendrick Meek

True

Second time's a charm

"Warren Buffett called credit default swaps financial weapons of mass destruction. And Greene was the first individual to use them."

Pam Bondi

Pam Bondi

Mostly True

Talking specifically about FBI investigations

Mortgage fraud is "up 400 percent in the last five years."

Kendrick Meek

Kendrick Meek

False

Buffett didn't mention Greene

"Warren Buffett called (Jeff) Greene's scheme 'financial weapons of mass destruction.' "

David Gregory

David Gregory

Mostly False

By most calculations, the claim is not accurate

"25 percent of our economy is the financial sector."

David Segal

David Segal

Mostly False

Goldman Sachs has little to fear

"As Washington debates cracking down on the big Wall Street banks, I’ve passed legislation that does so."

Jeff Greene

Jeff Greene

Mostly False

He should know better

"If there were not derivatives, there would be no bank loans at all today."

Kendrick Meek

Kendrick Meek

Mostly False

Good sound byte, but much hyperbole

Jeff Greene "is the king of the undercover Credit Default Swap that brought about the destruction of our economy that we have right now."

Rahm Emanuel

Rahm Emanuel

False

Treasury Dept. detailed Bush's conditions

"In the case of General Motors, the (Bush) administration wrote a check without asking for any conditions of change."

Meg Whitman

Meg Whitman

False

Lots of ways to calculate it; none approach 14 percent

Steve Poizner "increased his department's budget nearly 14 percent."

Lainey Melnick

Lainey Melnick

Mostly False

He voted yes, then voted no, but that's not full pic

Says U.S. Rep. Lamar Smith supported the $700 billion Wall Street bailout in 2008, "but now he is standing in the way of reforms that would assure these bailouts would never happen again."

George Will

George Will

Mostly False

Right on TARP, not on the other two

Sen. Robert Bennett, R-Utah, cast votes for TARP, the stimulus, and an individual mandate for health care.

Florida Democratic Party

Florida Democratic Party

Pants on Fire!

Misquoting McCollum -- and attributing a quote that he didn't say

"McCollum admitted he didn't think that the subprime mortgage crisis was a big deal, telling reporters he thought that the subprime collapse had been exaggerated by the media and investors and that 'it's not the end of the world.' "

Ed Whitacre

Ed Whitacre

Half-True

Loans paid, but lots of stock remains

GM has "repaid our government loan, in full, with interest, five years ahead of the original schedule."

Sherrod Brown

Sherrod Brown

True

Big banks getting bigger

"Fifteen years ago, the assets of the six largest banks in this country totaled 17 percent of GDP ... The assets of the six largest banks in the United States today total 63 percent of GDP."

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