"Yer doin' a good job, Barney"

....Democratic victories in the House of Representatives last fall (2006) landed him in the chairman’s seat on Financial Services.

From this position, Frank will play a major role in drawing up legislation and setting the political agenda on corporate governance issues of all types. Outraged at what he considers hubristic excess in executive pay, he promises a tougher line on remuneration. Populist-minded, he is committed to backing shareholders as they seek greater influence over board selection and a say in limiting C-suite perquisites. With Frank in charge, the little guy is likely to get a break....

“Chairman Frank is a very thoughtful man and a sophisticated policy player. Labels like ‘liberal’ don’t have much consequence,â€쳌 says Damon Silvers, associate general counsel for the AFL-CIO. “He’s aware of the linkage between good corporate governance and a good economy. How do we put our country in a good place globally? The country desperately needs leadership that thinks this way.â€쳌

Then there’s the fact that by far the biggest contributors to Frank’s political campaigns have been members of the financial services sector, which is strongly represented in Massachusetts. In the 2006 election, finance and insurance companiesâ€"including audit giants KPMG, Ernst & Young and PricewaterhouseCoopersâ€"forked over $519,434, compared with the $90,498 that came in from organized labor.

Perhaps reflecting his dual loyalties, Frank has introduced a new twist into corporate governance discussions with his so-called “Grand Bargain,â€쳌 which is designed to find common ground between the working man and management. Although it is somewhat vague, the compromise would involve business’ tolerating greater union organization, minimum wage hikes, housing aid and protections for American workers against free-trade job loss. In exchange, federal legislators would be sensitive to Corporate America when writing trade bills by taking into consideration business’ views on immigrant labor and other employment issues. They would also ease up on costly rules such as Sarbanes-Oxley compliance. Frank intends to hold hearings on the Grand Bargain this year to generate support for the conversation and to fine-tune its specifics. It has the full support of House Speaker Nancy Pelosi.


And Barney has done ___________________________________________

Well, I forgot there was a male prostitution ring run from his apartment.

Gobie's dream has come true. His accusation that Rep. Barney Frank (D-Mass.) knew that Gobie had operated a prostitution service out of Frank's Capitol Hill apartment became national news after it was first reported Friday by the Washington Times.

Frank, one of two openly gay members of Congress, confirmed Friday that he paid Gobie for sex, hired him with personal funds as an aide and wrote letters on congressional stationery on his behalf to Virginia probation officials, but Frank said he fired Gobie when he learned that clients were visiting the apartment.
http://www.washingtonpost.com/wp-srv/local/longterm/tours/scandal/gobie2.htm

Oh, and his significant other at one time was Herb Moses at Fannie Mae
    Moses was the assistant director for product initiatives at Fannie Mae and had been at the forefront of relaxing lending restrictions at the company for rural customers, according to the Feb. 23, 1998, issue of National Mortgage News (NMN).