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Government Bailouts

Ben Walsh

Bizarre Trial Accuses Government Of Illegally Bailing Out Giant Company | Ben Walsh | Posted 09.29.2014 | Business

A bizarre reminder of some of the most terrifying moments in U.S. financial history just kicked off in Washington: Former AIG CEO Hank Greenberg's hub...

'The Sucker Class': People Government Bailouts Screwed Over

The Huffington Post | Harry Bradford | Posted 01.10.2013 | Business

Finally, we have a term for all of those people who've gotten screwed over by the bailouts: "The sucker class." The stated intention of the post-fi...

Did Washington Connections Help Big Banks Get Bailouts?

Posted 07.25.2011 | Business

Did connections in Washington help major financial institutions get bailed out after the crisis? A new study from the National Bureau of Economic R...

Paul Krugman On How 'Greed Trumps Gay Rights'

The New York Times | Paul Krugman | Posted 07.02.2011 | Business

Last year the G.O.P. pulled off two spectacular examples of bait-and-switch campaigning. Medicare, where the same people who screamed about death pane...

'13 Bankers': Who's In Charge, The Banks Or The Government?

James Kwak | Posted 05.25.2011 | Home
James Kwak

When push came to shove in late 2008, the banks' ultimate power was not that they were secretly controlling the levers of power, but that their place at the center of the financial system enabled them to hold the real economy hostage.

Big Bailouts: Freddie Mac And Fannie Mae, Offshore Drilling, 150 Banks Could Fail

Posted 05.25.2011 | Business

***UPDATE*** 1:29pm: Bush has lifted the executive ban on offshore drilling. Today's financial headlines tell a story of a nation in bailout mode. B...