Banking Bailout

Congress: The Banks Own the Place. Do They Own Obama Too?

Miles Mogulescu | Posted 05.25.2011

Read More: Banking Bailout, Supreme Court Campaign Finance, Consumer Financial Protection Agency, Financial Reform, President Obama, Banking Regulation, Glass-Steagall Act, Banks, Banking Crisis, Financial Crisis, Banking Reform, Citizens United, Barack Obama, Financial Regulation, Campaign Finance, Glass-Steagall, Politics News

If "no brainer" reforms like bankruptcy reform and student loan reform can't make it through a Democratic controlled Congress, how will more fundamental reforms of the financial system fare?

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Greenspan: Bailouts Are Biggest Threat To U.S. Future

briefingroom.thehill.com | Ryan McCarthy | Posted 05.25.2011

Read More: American Enterprise Institute, Wall Street Bailout, Banking Bailout, Bailout, Greenspan, Alan Greenspan, Video, Business News

What are biggest threats to America's economic future? According to former Federal Reserve Chairman Alan Greenspan, government bailouts of "too big t...

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Community Banks Lumped In With Big Players, Forced To Pay High Premiums

washingtonpost.com | Steven Pearlstein | Posted 05.25.2011

Read More: Banking Bailout, Community Banks, Banking, Banks, Banking Crisis, Bank Bailout, Banking Industry, Regional Banks, Business News

We're hearing a lot these days from well-run regional and community banks that feel that they are being punished for the mistakes of the Citigroups an...

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Implications of the Bank Stress Tests

Douglas J. Elliott | Posted 05.25.2011

Read More: Tarp, Stress Tests, Troubled Assets Relief Program, Banking Bailout, Troubled Asset Relief Program, Banking, Banking Crisis, Financial Crisis, Imf, Banking Industry, Banking System, Troubled Banks, Business News

The financial "stress tests" on the big banks gave us good news: they "only" need $75 billion of new capital. That's a lot of money, but much less than many of us feared.

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Stressless Tests: Our Treadmill Of Delusion

Anthony Citrano | Posted 05.25.2011

Read More: Stress Tests, Banking Bailout, Economy, Stress Test Results, Economic Crisis, Bank Stress Tests, Federal Reserve, US Economy, Breaking Business News, Wall Street, Business News, Banking Crisis, Banks, Financial Crisis, Toxic Assets, Ben Bernanke, Banks Bailout, Business News

The stress tests mostly overlook derivatives -- the $50 trillion elephant in the room -- by effectively letting banks apply their prior calculus in valuing them.

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"Let Them Have Stained Carpets" - Obama's Marie Antoinette Moment

Max Keiser | Posted 05.25.2011

Read More: Banking Crisis, Oligarchs, Banking Bailout, Goldman Sachs, Max Keiser, Rico, President Obama, Business News

President Obama. Step away from the Goldman Sachs banker and smell the Revolution brewing! People are angry.

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Obama On Banking Crisis: We Can't "Prolong The Agony"

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

Read More: Obama Banking Help, Banking Bailout, Banking, Obama Banking, Obama, Obama Abc, Geithner Banks, Obama Agony, Wall Street Obama, Geithner Proposal, Nightline Minisodes, Politics News

Barack Obama is taking a rip-off-the-bandaid approach when it comes to dealing with the banking crisis, telling ABC Nightline that the process of rest...

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Can't Get There from Here

Robert L. Borosage | Posted 05.25.2011

Read More: Banking Bailout, Obama Presidency, Tarp, Congress Stimulus, U.S. Economy, President Obama, Republicans Stimulus, Obama Stimulus, Economy, Economic Crisis, Obama Economy, Obama News Conference, Stimulus, Congressional Budget Office, STIMULUS - Senate Congress, Obama Stimulus Plan, Economic Stimulus Package, Presidential Press Conference, Gop Stimulus, Obama Press Conference, Obama White House Conference, Economic Stimulus, Zombie Banks, Politics News

The Obama administration has made its first serious misstep. No, it wasn't the wooing of ingrate Republicans, or the dining with clueless reactionary pundits. It is much more significant.

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Bank On It No More

Robert L. Borosage | Posted 05.25.2011

Read More: Financial Crisis, Banking Bailout, Tarp, Obama Administration, Economy, Economic Crisis, Zombie Banks, Politics News

What will the Obama administration do with the banks that are now on life support? The decision -- with new announcements rumored for next week -- is critical to any recovery plan.

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Bailed Out Banks Sought Foreign Workers For High-Paying Jobs: AP

AP | FRANK BASS and RITA BEAMISH | Posted 05.25.2011

Read More: Bailout Banks Sought Foreign Workers, Bailout Bandits, Banking Bailout, Financial Bailout, Economy, Banks Sought Foreign Workers, Financial Crisis, Banks Bailout, Recession, Business News

SANTA CLARA, Calif. — Major U.S. banks sought government permission to bring thousands of foreign workers into the country for high-paying jobs ...

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