Government Bailout

This Bailout Could Really Pay Off For Taxpayers

Reuters | Posted 05.09.2012

Read More: Treasury Department, Video, Government Bailout, Reuters, Aig, Federal Reserve, American International Group, U.S. Taxpayers, Federal Reserve Bank of New York, Maiden Lane III, Government Accountability Office, Business News

WASHINGTON, May 8 (Reuters) - U.S. taxpayers could realize a profit of more than $15.1 billion from the massive government bailout of insurer Americ...

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Guess Who's Back? AIG's Profits More Than Double Last Year's

Reuters | Posted 05.04.2012

Read More: Video, Government Bailout, Earnings Season, Aig Earnings 1q 2012, Reuters, Business News, Aig, American International Group, AIG Earnings, Robert Benmosche, Business News

* EPS on operating basis $1.65 vs $1.12 expected by analysts * 1st-quarter net income of $1.71/shr, vs 31 cents in 2011 ...

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Occupy The Truth: Whistleblowers Conference Rolls Into UC Berkeley

Greg Archer | Posted 04.16.2012

Read More: Government, Government Bailout, Occupy Wall Street Protest, Activism, College, Federal Government, Protest, Occupy Wall Street, Government Spending, UC Berkeley, Bradley Manning, Bradley Manning Wikileaks, #Occupywallstreet, Annie Sprinkle, Occupy Movement, Video, Naomi Pitcairn, San Francisco News

An upcoming three-day political huddle, dubbed "Occupy the Truth: Whistleblowers Conference," piqued my interest. Think of it as an advocate/activist/info-gathering fest.

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Report: Government Bailout To See Loss Worth Billions

AP | Posted 01.31.2012

Read More: AIG Bailout, Business News, Auto Bailout, Video, TARP and Auto Bailout, Government Bailout, Government Bailout Wall St, Government Bailout Loss, Business News

WASHINGTON -- A new report says the government's financial bailout program will see a $23 billion loss in the year that ended Sept. 30, compared with ...

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AIG CEO Says He Plans To Stay Longer Than Expected

Posted 12.23.2011

Read More: AIG Bailout, Business News, Aig, Financial Crisis, Video, Robert Benmoche Aig Ceo, Government Bailout, Robert Benmosche, Business News

American International Group Inc (AIG.N) CEO Robert Benmosche has told the company's directors that he would like to remain in his job longer than...

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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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We Had an Agreement: The Results of Being Played

Kenneth Kales | Posted 09.12.2011

Read More: Lower Class, Government Bailout, Classism, Upper Class, Tarp, Recession, Economy, Middle Class, June Unemployment, June Unemployment Issues, Business News

We the people were heroic in rescuing so many Type A's and their financial sectors. I say heroic only because our act now seems selfless. It wasn't supposed to be that way. We had an agreement.

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Ally Financial Investigated For Mortgage Fraud

Associated Press | Posted 08.29.2011

Read More: Mortgages, 2008 Financial Crisis, Subprime Mortgages, Government Bailout, General Motors, Ally Financial, Mortgage Crisis, Detroit, Government-Ownership, Business News

DETROIT (AP) -- Ally Financial says it has received subpoenas from federal investigators looking into mortgage fraud. The company also says it will...

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U.S. Manufacturing Attempts A High-Tech Comeback

Los Angeles Times | Don Lee | Posted 07.27.2011

Read More: General Electric, Recovery, Social Security, Government Bailout, Metal Fabrication, Economic Crisis, Manufacturing, Medicare, High-Value Goods, Auto Industry, Business News

If it succeeds, what's happening in upstate New York could help the whole country meet one of its most difficult challenges: re-creating the kinds of ...

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From Outer Space to Underground: NASA's Life-Saving Role in Chilean Miner Rescue

Steve Ressler | Posted 05.25.2011

Read More: Chile, Chile Miners, Nasa, Chilean Miners, Taxes, Government, Government Bailout, Open Government, Politics News

99% of the time, the government is doing their jobs in such a way that we don't even notice their heroic work and we take it for granted.

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When Fed Signals Stimulus, It's 'Balls To The Walls,' Says Hedge-Fund Manager (VIDEO)

Nathaniel Cahners Hindman | Posted 05.25.2011

Read More: David Tepper, Economic Stimulus Package, Government Bailout, Appaloosa Management, Bank of America, Federal Reserve, Banks, Economic Recovery, Bank Bailout, Government Stimulus, Video, Business News

When the Treasury Department announced one of its bank rescue plans in early 2009, few investors besides David Tepper believed the government would ac...

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AIG, U.S. Move Closer To Bailout Exit Deal

Reuters | Paritosh Bansal | Posted 05.25.2011

Read More: Treasury Department, Wall Street Bailout, Government Bailout, Bailout, Taxpayer Bailout, Common Stock, Federal Reserve, Aig, Preferred-Stock, American International Group, Taxpayers, Business News

American International Group Inc and the U.S. government are moving closer to a deal on how the Treasury Department would exit its investment in the b...

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How Democrats Can Harness the Public Anger (and Madness) for November

Carla Seaquist | Posted 05.25.2011

It's always a mistake to let a ranter rant. Without pushback, the anger takes flight. The question now is: With the public now inflamed in anger, th...

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Bailing out the Financial Markets May Hinge on Mental Health Parity

Tom Davis | Posted 11.17.2011

Read More: Mental Health, Government Bailout, Bailout, Healthy Living News

Some say the Senate financial bailout bill is loaded with pork. But that may be the first time anybody's ever implied that ensuring "mental health parity" is pork.

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GM Bailout: Can American Taxpayers Get A Return On Their Investment?

DailyFinance | PETER COHAN | Posted 05.25.2011

Read More: Automobiles, Government Bailout, Automotive Industry, GM Bailout, General Motors, Gm, GM IPO, Jobs, Cars, Ford Motor Co, Manufacturing Jobs, Business News

There's still a chance that the U.S. could get back the money it invested in saving General Motors from collapse during the recent financial crisis, b...

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Budget Chief Nominee Took $900K From Citigroup Post-Bailout

Washington Times | Jim McElhatton | Posted 05.25.2011

Read More: Government Bailout, Executive Pay, Office of Management and Budget, Jacob Lew, Aig, Office-of-Budget-Management, Executive Bonuses, Wall Street Bonuses, State Department, Citigroup, Business News

President Obama's choice to be the government's chief budget officer received a bonus of more than $900,000 from Citigroup Inc. last year -- after the...

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How Many Workers Can You Buy for the Price of One CEO?

DailyFinance | DOUGLAS MCINTYRE | Posted 05.25.2011

Read More: Steve Jobs, JPMorgan Chase, CEO Pay, Apple, Government Bailout, Ceos, Entry-Level, Jamie Dimon, At, Executive Compensation, Cvs, Business News

Not all CEOs are as generous as Apple's (AAPL) Steve Jobs. The company's founder makes a mere $1 a year, while a starting sales associate at one of hi...

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Treasury Profits From Citigroup Bailout

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Treasury Department, Government Bailout, Financial Bailout, Citigroup Bailout, Citigroup, Business News

WASHINGTON — The Treasury Department said Thursday it has raised $10.5 billion from the sale of a total of 2.6 billion shares of Citigroup stock...

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Walkng Away

Terry Newell | Posted 11.17.2011

Read More: Personal Responsibility, Debt, Government Bailout, Personal Finance, Financial Reform, Healthy Living News

Americans cut their credit card indebtedness by over $93 billion between the end of 2008 and the end of 2009. At first glance a hopeful statistic, th...

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Writing Checks Your Body Can't Cash

Gary Liberson, PhD | Posted 05.25.2011

Read More: Teachers Union, Congress, Government Bailout, California Budget Crisis, Politics News

I don't like Federal bailouts to groups, states, or companies (I freely and gratefully accept all personal bailouts)! There are five reasons for my stance.

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Fannie-Freddie Fix Will Cost At Least $160 Billion, $1 Trillion At Most

bloomberg.com | Lorraine Woellert and John Gittelsohn | Posted 05.25.2011

Read More: Freddie Mac, Government Bailout, Unemployment, General Motors, Bank of America, Mortgage Crisis, Federal Reserve, Fannie Mae, Aig, Congressional Budget Office, Citigroup, Federal Home Loan Association, Business News

The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will ...

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Does America Also Need Cultural Health Care?

Rob Patterson | Posted 05.25.2011

Read More: Health Care Bill, Digital Music, European Healthcare, Belfast, The Hague, Small Business, Government Bailout, Australia, Music Business, Austin, Affordable Health Care, Government Spending, Ireland, Spain, Socialized Healthcare, Canada, Sxsw, South by Southwest, Cultural Exports, Independent Record Labels, Creeping Socialism, Louisiana, Irony, Liverpool, Major Record Labels, American Music, Pepsi, Germany, Louisiana Music, Scotland, Health Care Vote, Miller Beer, Universal Health Care, Sxsw 2010, Government Subsidies, Israel, Berlin, Arts Council, Health Care Debate, New Zealand, England, Exports, Chevy, International Health Care, Arts Funding, Monster, International Music, Alternative Rock, Pop Music, Sobe, Yorkshire, Great Britain, Popular Music, Zone, Barbados, Health Care Reform, Japan, Music Industry, Socialism, Entrepreneurship, Rock and Roll, Global Competitiveness, Wales, Entertainment News

The majors were an almost ghostly presence at SXSW 2010. The indies have now seized the day within the leading-edge music market.

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Freddie Mac and Fannie Mae Must Marry, Shrink and Change

Jerry Chautin | Posted 05.25.2011

Read More: Insuring Mortgages, Hud, Affordable Housing, Bill Seidman, Tainted Assets, Foreclosed Real Estate, Mortgage Bonds, Obama Administration, Low and Moderate Income, Real Estate, Sen. John MacCain, Federal Housing Administration, Loans, Multifamily Loans, GSE Amendment, Rtc, Higher Loan Amounts, Mortgage-Backed Securities, Business News, Treasury, Resolution Trust Corporation, Home Loans, One to Four Family Loans, Fha, Sen. Richard Shelby, Government Bailout, Five or More Family Loans, Apartment Financing, FDIC. President George H.W. Bush, Federal National Mortgage Association, Federal Home Mortgage Corporation, Guarantying Mortgages, Fannie Mae, Congress, Democrats, Gses, Single Family Loans, Freddie Mac, Federal Deposit Insurance Corporation, Department of Housing and Urban Development, Guarantying Bonds, Rental Apartment Loans, Lending Programs, Sen. Judd Gregg, Economic Recovery, Republicans, Scrutinizing Mortgages, Politics News

But the time is right to merge Fannie Mae and Freddie Mac and form three separate companies. That is the best way to lead the GSEs out of federal conservatorship and repay the taxpayers.

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Outrageous, But Legal: Social Security Ponzi Scheme Needs a Bailout

Damien Hoffman | Posted 05.25.2011

Read More: Social Security, Bailout, Ponzi Scheme, Baby Boomers, Government Bailout, Business News

Like every other Ponzi Scheme, Social Security is beginning to submerge underwater like the Titanic. Get ready for another bailout of government ineptitude.

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What Do Professional Athletes Have in Common With Bankers?

Daniel Adler | Posted 05.25.2011

Read More: Goldman Sachs, New England Patriots, Wall Street Bailout, Government Bailout, Wall Street Crisis, Nfl, Goldman Sachs Bonuses, Mlb, Aig, San Francisco Giants, Dallas Cowboys, Wall Street, Wall Street Bonuses, Nba, Sports News

Wall Street firms such as AIG, which received $90 billion in government funds, and sports teams such as the Dallas Cowboys, who received $325 million to build the Cowboys Stadium, have more in common than being run by white males.

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