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Bailouts

Obama: Have Bailout Balls, Not Inaugural Balls

Robert Guttman | Posted 05.25.2011 | Politics
Robert Guttman

Obama should say we are going to go the less luxurious road this time around concerning inaugural celebrations. Bailout balls could be the answer.

Big Three Automaker Bailout: Hearing, Statements, Video

Huffington Post | Katharine Zaleski | Posted 05.25.2011 | Business

Updated 10am EST Friday, December 5: The Big Three are back on Capitol Hill today. This time their talking to Congress about getting a multi-billion...

Michigan Residents: "Big Three Should Be Singled Out For Rescue"

nytimes.com | MONICA DAVEY and SUSAN SAULNY | Posted 05.25.2011 | Business

Wander Michigan's cities and towns, and many residents offer the same message about the prospect of a $34 billion bailout of America's automakers: Ple...

Governors Against State Bailouts, for Ideological Purity

Harry Moroz | Posted 05.25.2011 | Politics
Harry Moroz

While around 40 governors met with Obama in Philadelphia to discuss states' growing budget woes, two governors took to the Wall Street Journal's op-ed page to argue against federal aid to states.

Buy Now: One of World's Best Investors

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

One of the few investors or money mavens who guessed the meltdown was coming is Canada's Prem Watsa, Chair and founder of Fairfax Financial Holdings L...

Politics on the Edge: Bailouts, Bunko, and Group Madness

Dan Agin | Posted 05.25.2011 | Politics
Dan Agin

What's happening at the moment in America is borderline panic and madness. Some money experts in Wall Street have apparently succeeded in skimming eno...

In Which I Come Face-to-Face with the American Investor

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

Is it possible, that at some time in the future, the welfare of the companies we serve could be divorced from the fear, the greed, the feral hysteria of the securities marketplace?

Fall of the Wall: Can The Financial Sector Be Controlled?

Danny Schechter | Posted 05.25.2011 | Business
Danny Schechter

Where's the outcry when you learn that more money has been spent to contain this crisis than was used in all of World War 11?

The Great Myth of Main Street

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

I have worked in theaters, as a cab driver, in small companies, large corporations and mega-watt global behemoths, and they are all the same. They are people working for a living.

The Right Way To Bailout The Auto Industry

Jonathan Tasini | Posted 05.25.2011 | Business
Jonathan Tasini

Up to 3 million jobs -- directly in the industry and secondary jobs that rely on the auto industry's output -- would be effected by a collapse of the industry. That can't happen.

To Congress: Please Read Before Bailing Out!

Sheila Tendy | Posted 05.25.2011 | Business
Sheila Tendy

Since the stress level is running high for everyone in Washington and a clear strategy has not yet been formulated, here are some talking points to consider in the bailout negotiations.

How Can Capitalism Ever Be The Same?

Weekly Standard | Irwin M. Stelzer | Posted 05.25.2011 | Business

NO MATTER WHAT deal is finally cut between Hank Paulson, the Democrats, and unhappy conservative Republicans, or even if no deal at all is finally wo...

Paulson's Bazooka May Miss

Fortune | Colin Barr | Posted 05.25.2011 | Business

NEW YORK (Fortune) -- Treasury Secretary Henry Paulson fired his bazooka again, but the target remains elusive. Paulson has proposed using $700 billi...

Markets remain on edge as investors seek safety

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Volatility swept the financial markets again Monday as investors grew nervous about an amorphous government plan to buy $700 billion ...

Who Watches the Watchers?

Sheila Tendy | Posted 05.25.2011 | Business
Sheila Tendy

This financial crisis is complex. But it's too important not to understand.

Not So Fast: Democrats Say Bailout Will Pass, But With A Few Changes

Posted 05.25.2011 | Business

WASHINGTON — Sen. Christopher Dodd says it's just as important to act responsibly as it is to move hastily on legislation aimed at stabilizing t...

Pimping Populism for Post-Proletarians

Rev. Peter Laarman | Posted 05.25.2011 | Home
Rev. Peter Laarman

Never people to spend time reading history (what with the time required for makeup/costume and schmoozing), our corporate media "election team" guys a...

Walking the Plank With Captain "Bailout" Paulson

Blaise Nutter | Posted 05.25.2011 | Business
Blaise Nutter

Today is International Talk Like A Pirate Day, in case you hadn't noticed. Everyone's getting into the act... but no one could compete with the pirate-talk of Treasury Secretary Henry M. Paulson Jr.

Rupert Murdoch Says Taxpayers Won't Be Stuck With Costs (VIDEO)

Fox News | Posted 05.25.2011 | Business

NewsCorp Chairman and CEO Rupert Murdoch appeared on his network, Fox News, to talk to Neil Cavuto about the coming government fix for the crisis on W...

Total Bailout Bill = $900 Billion

Hale "Bonddad" Stewart | Posted 05.25.2011 | Politics
Hale

Think about that for a minute. $900 billion dollars, racked-up before your very eyes. This at a time when the federal government is already bleeding money.

AIG Bailout "No Sweetheart Deal"

Wall Street Journal, New York Times | Dave Burdick | Posted 05.25.2011 | Business

The government bailout of insurance giant AIG with a massive loan was anxiously anticipated by TV analysts yesterday. The Wall Street Journal blogged ...

Stocks tumble after government bailout of AIG

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Wall Street plunged again Wednesday as anxieties about the financial system ran high after the government's bailout of insurer Americ...

Next Up: Will The Fed Help AIG?

Wall Street Journal | Posted 05.25.2011 | Business

It's one fire after another for the Federal Reserve. As it sought to address the Lehman Brothers crisis over the weekend, the next big problem became ...

Paulson: No "Bailouts" For Reckless Lenders

Wall Street Journal | MICHAEL M. PHILLIPS, GREG IP | Posted 05.25.2011 | Business

The Bush administration is hardening its opposition to the chorus of Democrats, bankers, economists and consumer advocates calling for a big-money gov...