only goes to eric: it s 160. bob: obama in 2007? eric: no. prior to obama. bob: so the last years of the bush administration and first of the obama administration, right? eric: hmm-mm. dana: we are talking about housing. the elephant in the room. the theory to let it go. president bush before him came up with programs to help the homeowners and help him hold on longer. so forget wall street. people in their homes that don t have government jobs don t feel fine so their misery income is up. the household income is down. they aren t using money to go on a luxury vacation, perhaps that is good but a ways to go to get to the bottom. andrea: the stimulus was supposed to make the wildest dreams come true, right?
only goes to eric: it s 160. bob: obama in 2007? eric: no. prior to obama. bob: so the last years of the bush administration and first of the obama administration, right? eric: hmm-mm. dana: we are talking about housing. the elephant in the room. the theory to let it go. president bush before him came up with programs to help the homeowners and help him hold on longer. so forget wall street. people in their homes that don t have government jobs don t feel fine so their misery income is up. the household income is down. they aren t using money to go on a luxury vacation, perhaps that is good but a ways to go to get to the bottom. andrea: the stimulus was supposed to make the wildest dreams come true, right?
some pretty deep ties with the white house? and why is it that the company with deep ties to the white house, the company that just got a big contract for a drug that s not been proven yet, why is it going to make an 85% profit on its government contract? coming up we re going to talk with a member of the company s board of directors, a familiar face here at cnn. we first got wind of this story in the los angeles times but since then have learned a lot more. investigator drew griffin is keeping them honest. reporter: it s just another good business deal for billionaire investor and big-time democratic political supporter, ron perlman. this major political contributor to both parties but particular friend of the obama white house owns the controlling shares in a company called siga technologies, and siga this year won a sweet $432 million no-bid contract from the u.s. department of health and human services that even a democrat says is a little bit too sweet to ignore. h
the big contract for a drug that s not been proven yet, why is it going to make an 85% profit on its government contract? coming up, we re going to talk with a member of the company s board of directors, a familiar face here at cnn. we first got wind of this story in the los angeles times but since then, have learned a lot more. investigative correspondent drew griffin is keeping them honest. reporter: it s just another good business deal for billionaire investor and big-time democratic political supporter, ron perlman. this major political contributor to both parties but particular friend of the obama white house, owns the controlling shares in a company called siga technologies, and siga this year won a sweet $432 million no-bid contract from the u.s. department of health and human services that even a democrat says is a little bit too sweet to ignore. how did this become a no-bid contract? was it justified as a no-bid contract? overall, i think we need to begin askin
white house? and why is it that the company with deep ties to the white house, the company that just got the big contract for a drug that s not been proven yet, why is it going to make an 85% profit on its government contract? coming up, we re going to talk with a member of the company s board of directors, a familiar face here at cnn. we first got wind of this story in the los angeles times but since then, have learned a lot more. investigative correspondent drew griffin is keeping them honest. reporter: it s just another good business deal for billionaire investor and big-time democratic political supporter, ron perlman. this major political contributor to both parties but particular friend of the obama white house, owns the controlling shares in a company called siga technologies, and siga this year won a sweet $432 million no-bid contract from the u.s. department of health and human services that even a democrat says is a little bit too sweet to ignore. how did this