Treasury Defends Housing Steps

Senior Treasury Department officials are defending their response to the housing downturn in private meetings with Wall Street executives and banking officials, in an apparent bid to counter congressional Democrats who are pushing for more aggressive steps.

This quote is the one that caught my eye. The story itself, and the presentation it links to, are worth a read if you are interested in the Treasury's spin on things, but to me the real headline should be "Treasury Meets with Political Donors to Sell Mortgage Plan." This is how it really works I suppose. Here is a direct link to the presentation.