Bank failures in Georgia killing small business and households

Edward Harrison, 12.04.2009

Banking and finance specialist, Global Macro Advisors

This article originally appeared on my site Credit Writedowns. Note: Since this post was published, three more banks in Georgia have failed. Read deta...

Is repayment of TARP money good for taxpayers?

Edward Harrison, 12.04.2009

Banking and finance specialist, Global Macro Advisors

This article originally appeared on my site Credit Writedowns When I read Yves Smith's recent comments on Bank of America's repayment of its TARP fun...

Bernanke Must Answer for Dark of Night Change in Bank Regs

David Segal, 12.03.2009

Rhode Island State Rep.

In its new regulations, the Fed did Americans a huge disservice, doing away with consumers' potential right of recovery of overdraft charges -- which will total nearly $37.5 billion in 2009 alone.

AmTrust bankruptcy bad sign for regional banks

Edward Harrison, 12.02.2009

Banking and finance specialist, Global Macro Advisors

This article originally appeared on my site Credit Writedowns. AmTrust Financial, a privately held regional bank holding company based in Cleveland, ...

One in Seven

David M. Abromowitz, 12.03.2009

Senior Fellow at the Center for American Progress

One in seven. That is the astounding proportion of American families in default on their home mortgages. And if we don't take bolder steps soon to get...

Shaming the Shameless: Why Treasury's Tactics Won't Stop Banks from Misbehaving

Richard Zombeck, 12.02.2009

See more at www.shitheyduhree.com

Treasury wants to shame banks into treating customers fairly. But it's a curious approach to reforming an industry that apparently has no shame to begin with.

Overdraft This!

Erik Sean Nelson, 12.03.2009

Comedy Writer

Why are things a crime for the normal citizen, but daily routine for the Big Guys? Kill one person and you get life in prison. Kill 1 million people and it's called war.

Why Obama Won't Do What's Needed to Deal With the Mortgage Crisis

David Fiderer, 12.02.2009

Banker/Writer

In places like Phoenix, 54% of homeowners with mortgages have negative equity. That's about half a million underwater mortgages, more than the combined totals in Texas and New York state, where 10 times as many people live.

Oops! I Ruined Your Life! When Innovation Hurts

Ben Mangan, 12.01.2009

One night when I was in junior high, my recently retired stepfather was innovating in the kitchen. He was a burgeoning cook, with lots of time on his ...

2009 Holiday Movie: It's Not A Wonderful Life

Dave Johnson, 12.01.2009

"Dave Johnson is a fantastic grandfather of the blogosphere."

I am working with BanksterUSA and the Real Economy Project to help get financial regulations passed. Please take a minute to watch this video.

Dubai Completes 110 Story Middle Finger!

Tom Gregory, 11.29.2009

Actor, radio personality, and Tony nominated producer

Visible from space, Dubai has completed construction of the World's largest structure, the 110 story "Burj Dubai Middle Finger Tower."

Banks Giving: Now That's The Holiday Spirit!

Julia Moulden, 11.28.2009

New Radical: how we earn our living can become the way we give back.

How can a new breed of financial institution help bring our ailing world back to full health? How might we encourage the banks of today to start thinking like the banks of tomorrow?

Rewriting History To Blame Tim Geithner: An Incomplete Story Of The AIG Bailout

David Fiderer, 11.27.2009

Banker/Writer

The popular narrative -- that Tim Geithner needlessly favored the interests of banks over those of taxpayers -- does not withstand close scrutiny.

Lloyd Blankfein Gives Thanks

Andy Stern, 11.25.2009

President, SEIU

Goldman Sachs CEO Lloyd Blankfein has a lot to be thankful for this year. But among it all, he and other Wall Stree CEOs don't seem especially thankful for the American people.

The Next Trillion Dollar Federal Giveaway To Mega-Banks: Shooting Main Street Lenders For The Sins Of Wall Street

Howard Glaser, 11.24.2009

Financial Services Industry Analyst

The Frank and Dodd regulatory reform bills are terribly drafted provisions which will strike a death blow to "main street" lenders and hand over a multi-trillion dollar mortgage market to a few large financial institutions.

More Pain For You And Me: The Economy's About To Stumble

Andrew Reinbach, 11.24.2009

Journalist

Since the likelihood of more federal stimulus packages is low -- unless they're called something like a "jobs bill" -- this will mean more pain and an even slower economy.

Goldman Sachs: It's Time to Put Country Before Company

Andy Stern, 11.16.2009

President, SEIU

We're taking to the streets because it seems as if companies like Goldman Sachs love their company more than their country. Goldman Sachs seems to salute no flag but their own corporate logo.

Secretary Geithner: Is the Average American Too Small To Be Helped?

George Goehl, 11.16.2009

Executive Director, National People's Action

At 11 am today, fifty Americans from 10 states will gather outside the Department of Treasury to demand that Secretary Geithner summon the same determ...

God to Goldman Sachs: You're Not Doing 'God's Work,' Joins Call for Protest at DC Headquarters

Art Levine, 11.13.2009

Contributing editor of The Washington Monthly

Sources close to God reported Thursday that the Supreme Being was angered at recent comments by Goldman Sachs CEO Lloyd Blankfein that's he's just a banker "doing God's work."

The Mustache Movement

Jerry Zezima, 11.10.2009

Humor columnist for The Stamford Advocate in Connecticut

I may not be British, but for the past three decades, I have kept a stiff upper lip. Now, after all these years of hair-raising adventure, I am celebrating the 30th anniversary of my mustache.

Goldman Sachs Doing "God's Work"?

Charles Gasparino, 11.09.2009

Author, The Sellout

The only thing worse than Goldman Sachs amassing billions in bonus money for its executives, based on various government subsidies and bailout measures, is listening to it try to explain it all away.