Bank Bailout

Indentured Servitude for Seniors: Social Security Garnished for Student Debts

Ellen Brown | Posted 05.15.2012

Read More: Social Security, Student Debt, Federal Reserve, Quantitative Easing, Public Banking, Bank Bailout, Usury, Free Tuition, Business News
Ellen Brown

U.S. taxpayers now pay nearly half a trillion dollars annually to finance our federal debt. By financing the debt itself rather than paying interest to private parties, the government could divert what it would have paid in interest into tuition, jobs, infrastructure and social services.

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The Bailout That Never Was

Dave Pederson | Posted 05.14.2012

Read More: Wall Street Bailout, Bank Bailout, Volcker Rule, Barack Obama, Subprime Mortgage Crisis, Economic Crisis, Bank Bailouts, New Deal, Citizen Bailout, Politics News
Dave Pederson

The bailouts only helped the banks, buried Americans further in debt they will never payoff, and froze economic growth.

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The Robin Hood Tax: Small Change For The Banks, Big Change For The U.S. And The World

Liz Ryan Murray | Posted 05.16.2012

Read More: Robin Hood Tax, Robin Hood Tax Europe, Financial Crisis, Impactg8, Dear G8, Bank Bailout, Robin Hood Tax u.s., G8 Summit, G8, Impact News
Liz Ryan Murray

A critical mass is building behind a tax that could generate billions in much needed revenue while curbing the worst excesses of casino banking. It may be a small and simple idea, but it could make a big difference to the U.S. and the world.

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Too Big To Fail Architect: Don't Blame Me!

Mark Gongloff | Posted 05.07.2012

Read More: Sandy Weill Too Big to Fail, Wall Street, Bank Bailouts, Citigroup Bailout, Too Big to Fail, Banking, Citibank, Banks, Global Financial Crisis, Bank Bailout, Sandy Weill, Citigroup, Business News
Mark Gongloff

The man who brought you Too Big To Fail has had just about enough of everybody blaming him for big banks failing. In an interview with Fortune's Nin-...

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What Bank of America Taught Me About America

Antonio Ennis | Posted 05.07.2012

Read More: Bank of America Charlotte, Bank of America Protest, Bank Bailout, Bank of America Protests, Right to the City, Robo-Signing, Bank of America, Impact News
Antonio Ennis

I've learned a lot in my 45 years. I've learned from hustling in the streets of Boston, from more than two decades in the rap game, from being a landlord, a retail store owner, and the father of six daughters. But some of the most important things I know, I learned from Bank of America.

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TARP Profit A Myth

The Huffington Post | Mark Gongloff | Posted 04.25.2012

Read More: Tarp, Wall Street Bailout, Tarp Profit, Bailout Watchdog, Banks, Christy Romero, Bank Bailout, Tarp Profit Myth, Sigtarp, Business News

Contrary to the Obama administration's claims, the bailouts of the financial and auto industries have not turned a profit for the U.S. government and ...

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Amanda Terkel

Treasury Tries To Bail Out Public Image Of Bailout

HuffingtonPost.com | Amanda Terkel | Posted 04.13.2012

Read More: Tarp, Treasury Department, Video, Wall Street Bailout, Tim Geithner Treasury Secretary, Tim Geithner, Troubled Asset Relief Program, Rick Santelli, Obama TARP, Bank Bailout, Tea Party, Politics News

WASHINGTON -- The Treasury Department is worried that the high political cost of some of its key economic intervention programs -- most notably, the b...

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We Hate Bailouts More Than Ever: Study

The Huffington Post | Mark Gongloff | Posted 04.10.2012

Read More: Polls, Politics, Bank Bailouts, Tim Geithner, President Obama, Banks, Bank Bailout, Geithner Bank Bailout, Business News

Americans have always kind of hated bank bailouts, but that hatred seems to be getting hotter with time -- which is a headache for President Obama, wh...

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Spring Cleaning: U.S. Treasury Announces Dutch Auction; FDIC Closes Two More Ailing Banks

Dennis Santiago | Posted 05.26.2012

Read More: Tarp, Banking Crisis, FDIC Bank Failures, Institutional Risk Analytics, Bank Bailout, Business News
Dennis Santiago

The FDIC closed two banks last Friday. Covenant Bank & Trust in Rock Spring, Georgia and Premier Bank in Wilmette, Illinois succumbed to long-time stresses.

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Banks Could Learn a Thing or Two

James Perry | Posted 05.20.2012

Read More: Big Banks, Bank of America, Bank Lending, Kiva, Banking, Banks, Banking Crisis, Bank Bailout, Kiva New Orleans, Kiva Detroit, Business News
James Perry

The principled belief that a stronger local, state and national community results in a stronger more consistent bottom line for lending institutions is not just feel good chatter. In fact, their existence relies upon this business principle.

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Surprised? Those Big Banks That Got Taxpayer Money Are Still Taking Huge Risks

The Huffington Post | Bonnie Kavoussi | Posted 03.07.2012

Read More: Tarp, Tarp Bailout, Video, Large Banks, Wall Street Bailout, Bailout, TARP Money, Banks, Federal Reserve, Bank Bailout, Big Banks, Moral Hazard, Small Banks, Business News

The big banks that critics claim caused the financial crisis may have gotten bailed out, but they apparently haven't learned their lesson. Large b...

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Are Bankers Capitalists?

Bruce Judson | Posted 05.01.2012

Read More: Banks, Jamie Dimon, JPMorgan Chase & Co, Bankers, Media, Dodd-Frank, Capitalism, Wall Street Bailout, Responsibility, Bank Bailout, Accountability, Business News
Bruce Judson

Wall Street, which should be the heart of American capitalism, has instead become the heart of a dysfunctional system that is destroying the nation's wealth.

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Bankers Shouldn't Worry About Drum Circles - But Some of 'Em Should Worry About Subpoenas

Richard (RJ) Eskow | Posted 04.30.2012

Read More: Fraud, JPMorgan Chase, Jamie Dimon, Scandal, U.S. Economy, Wall Street Bailout, Bailout, Wall Street, Economy, Great Recession, Occupy Wall Street, Banking, Banks, Financial Crisis, Bankers, Bank Bailout, Banksters, Recession, Politics News
Richard (RJ) Eskow

JPMorgan Chase CEO Jamie Dimon recently said that he felt safer in Lebanon than when Occupy marched past his house. If nothing else, it proves Wall Street bankers haven't gotten any better at risk management than when their bad bets crashed the economy and caused the Great Recession.

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With Trillions On the Table Nobody Plays Fair, and Everyone Plays for Keeps

Janet Tavakoli | Posted 04.22.2012

Read More: Federal Reserve, Financial Crisis, Dodd-Frank Act, JPMorgan Chase, Goldman Sachs, Regulation, Bank Bailout, Big Banks, Financial Regulation, Business News
Janet Tavakoli

Since 2008, we've seen example after stunning international example of no-strings-attached socialization of losses and privatization of gains. Nothing has changed for the better, because big money interests like it this way.

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Let's Make a Deal: The Bail-Out of Wall Street in Unusual and Exigent Circumstances

L. Randall Wray | Posted 04.17.2012

Read More: Treasury Department, Wall Street Bailout, Bailout, Federal Reserve, Fed, Banking, Financial Crisis, Banks, Global Financial Crisis, Timothy Geithner, Bank Bailout, Banksters, Business News
L. Randall Wray

There is little doubt that the global financial crisis posed "unusual and exigent" circumstances that had to be met with a huge response by the Fed (and Treasury). It is not clear, however, that the response actually mounted was legal. It was certainly not transparent.

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First Bank Fraud, Now Political Fraud

Dennis M. Kelleher | Posted 04.11.2012

Read More: Foreclosure Crisis, Crime, Financial Reform, Lawsuits, Foreclosure Fraud, Fraud, Bailout, Eric Schneiderman, Attorney General, Financial Crisis, Foreclosure Lawsuits, Foreclosure, Bank Bailout, Financial Regulation, Business News
Dennis M. Kelleher

It's like saying rather than drowning in a lake 50 feet deep, you get to drown in a lake that is only 30 feet deep. And, people are taking victory laps? You don't believe any of that and still think what the politicians said about punishing the banks was true?

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Taxpayers Still Owed Hundreds Of Billions From Bailout

AP | MARCY GORDON and DANIEL WAGNER | Posted 03.27.2012

Read More: 2008 Bailout, Auto Bailout, Video, Wall Street Bailout, Bailout, Occupy Wall Street, Business News, Bank Bailout, Taxpayers, Bailout Taxpayers, Business News

WASHINGTON — Companies that were bailed out during the financial crisis still owe U.S. taxpayers nearly $133 billion. Treasury's plans to recoup...

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A 5-Part Plan for the President to Fight the Banks "Every Inch of the Way"

Dennis M. Kelleher | Posted 02.19.2012

Read More: Regulatory Agencies, Crimes, Lobbying, Lobbyists, Financial Reform, Bailouts, Funding, Obama, Rulemaking, Financial Fraud, Fraud, Finance, Regulatory Reform, Financial Crisis, Bank Bailout, Financial Regulation, Banking, Banks, Politics News
Dennis M. Kelleher

It is past time for the president to let his actions speak for him and they will speak louder than any of his words. That is what the American people are waiting for. That is also what the banks, Wall Street and their allies fear most.

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A Lesson From the Brits on Bank Bailouts

Ted Kaufman | Posted 02.18.2012

Read More: Wall Street Bailout, Obama Wall Street, Bailout, TARP Money, Rbs, RBS Bailout, UK Financial Crisis, Bank Bailout, Too Big to Fail, Obama TARP, Business News
Ted Kaufman

I have never quite been able to understand how the decision was made to fire Richard Wagoner at GM but not Vikram Pandit at Citibank. Is running a huge bank really more complex than running a huge automobile manufacturer?

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TARP To Cost The U.S. Nearly Double The Initial Estimates: CBO

Posted 12.16.2011

Read More: Tarp, 2008 Financial Crisis, Video, Tarp Cost to u.s., Government Bailout, TARP Money, Occupy Wall Street, Business News, Financial Crisis, Tarp-Costs, Bank Bailout, Business News

The government's bailout of banks may cost U.S. taxpayers nearly two times more than originally estimated, according to the Congressional Budget Offic...

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Fitch: Only Eight Banks Are Candidates For Government Bailout

AP | Posted 12.16.2011

Read More: Fitch Ratings, Systematically-Important-Financial-Institutions, Video, Bank Bailout, Ratings-Downgrades, Big Banks, Fitch Ratings u.s. Government, u.s. Government Bailout, Business News

NEW YORK -- Fitch Ratings says U.S. government financial support for banks is declining and argues that future bailouts will likely be restricted to j...

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The Accidental Truth-Teller: Glenn Beck, the Tea Party and Race

Will Bunch | Posted 02.12.2012

Read More: Tarp, Theodore Roosevelt, Tea Party Movement, Wall Street, Rick Santelli, Andrew Napolitano, Occupy Wall Street, Racism, Glenn Beck, Newt Gingrich, Bank Bailout, Fox Business Network, Barack Obama, Media News
Will Bunch

Whatever his reason, the idea that Beck re-injected into the national conversation -- that race and the Tea Party are linked -- is an important one.

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Pulling Back the Curtain on the Wall Street Money Machine

Ellen Brown | Posted 02.06.2012

Read More: Federal Reserve, Public Banking, Wall Street, Bank Bailout, Bank of North Dakota, Sovereign Debt Crisis, Occupy Wall Street, Business News
Ellen Brown

We have forgotten our roots, when the American colonists thrived on a system of money created by the people themselves, debt-free and interest-free. The continued dominance of the Wall Street money machine depends on that collective amnesia.

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When Does the Preferential Treatment of Banks Become Obscene?

Clarence B. Jones | Posted 01.30.2012

Read More: Tarp, Bank Profits, Bank Bailout Profits, Bail Out Profits, Obama Stimulus Plan, Bank Bailout, Obama Stimulus Package, Politics News
Clarence B. Jones

How long will we permit the major banks to "game" our economic system? Or, maybe it's time to frankly acknowledge they have become the De facto fourth branch of our government, without any amendment to our Constitution.

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9 Festive Uses for Pepper Spray

Mark Morford | Posted 01.30.2012

Read More: Charlie Sheen, Honda Civic, Lululemon Athletica, Muslims, John Pike, Rick Santorum, Pepper Spray, Bank Bailout, Uc Davis Pepper Spray, Cocaine, Comedy News
Mark Morford

Toddlers. Oh, they think they're so cute. They think they're so important, what with claiming to be... what was it again? Right. "The future." I mean, please.

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