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Financial Bailouts

Is the U.S. Becoming the Eurozone?

Jared Bernstein | Posted 09.14.2013 | Business
Jared Bernstein

One wonders how regional bailouts would play out in today's U.S., with our far more polarized nation. I suspect at the end of the day New York would bail out Texas, but a lot more teeth would be gnashed today than in 1989.

Here Comes Another Colossal Republican Lie

Andy Ostroy | Posted 05.25.2011 | Politics
Andy Ostroy

The Republicans may be the Party of No, and may not have a lick of ideas of their own, but they are very effective liars, highly adept at framing issues to turn public sentiment their way.

Fight Club: Ackman's Hedge Fund Vs. Wall Street's Ponzi Machine

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

If a corrupt scheme is "making money," everyone involved--from the culprits to the dupes--viciously attacks anyone who tries to expose it. Hedge fund manager Bill Ackman learned this lesson the hard way.

Bernanke: "I adhold his nose' over bailouts

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Federal Reserve Chairman Ben Bernanke said Sunday that he had to "hold my nose" over last year's taxpayer-financed bailouts of big ...

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.