Nationalization

Latin American Leader Moves To Nationalize Oil Company

AP | ALMUDENA CALATRAVA | Posted 04.17.2012

Read More: Video, Nationalization, Nationalizing Oil, Cristina Fernandez, Argentina-President-Cristina-Fernandez, Business News, Repsol YPF, Cristina Fernandez Nationalize Oil, Argentina, Argentine Oil, Ypf, Business News

BUENOS AIRES, Argentina -- In a bold move to gain control of Argentina's energy reserves, President Cristina Fernandez pushed forward a bill to renati...

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Why Libertarians Are Wrong on Free Trade

Ian Fletcher | Posted 08.17.2011

Read More: Free Trade, Libertarian, Libertarians, Nationalization, Globalization, Global Trade, Libertarian Economics, Free Markets, Business News

Like it or not, even a capitalist economy is a system in which your actions affect other people. Your freedom to swing your fist ends, famously, at the tip of my nose, and what you buy and don't buy affects other people.

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To Nationalize or Bail Out?

Ellen Brown | Posted 05.25.2011

Read More: Securitization, State-Owned Banks, Nationalization, Banking Reform Bill, TARP II, Foreclosuregate, Banking Crisis, Obama, Bank of North Dakota, Business News

For two years, politicians have danced around the nationalization issue, but ForeclosureGate may be the last straw. The megabanks are too big to fail...

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UK Banks To Sell Hundreds Of Branches After Bailout From Government

AP | RAPHAEL SATTER | Posted 05.25.2011

Read More: UK, Nationalization, Financial Reform, Bailouts, Banks, Rbs, Northern Rock, Eu, Lloyds Banking Group, Credit Crunch, Fiscal Policy, Business News

LONDON — The Royal Bank of Scotland, Northern Rock, and Lloyds Banking Group are to sell off as many as 700 branches in the next few years in exchan...

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Brad DeLong: What Would Have Happened If We Didn't Bailout The Bankers?

Project Syndicate | Brad DeLong | Posted 05.25.2011

Read More: Tarp, Nationalization, Bailout, Brad Delong, Financial Crisis, Banks, Fannie Mae, Freddi Mac, Fiscal Policy, Business News

It is worth stepping back and asking: What would the world economy look like today if policymakers had acceded to the populist demand of no support to...

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Venezuela's Moscow Maneuvers

Diane Francis | Posted 05.25.2011

Read More: Russia, Lloyds of London, Nationalization, Venezuela, Moscow, President Chavez, Confiscation Without Compensation, Kleptocracy, Vladimir Putin, Gold, China, Venezuelan President Hugo Chavez, World News

All enlightened governments, including Canada's, which just signed an investment agreement, should deem Venezuela a "no-go" zone.

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Egyptians Lose Work As Qataris Decree Jobs For Themselves

Journalism Boot Camp | Posted 05.25.2011

Read More: Nationalization, Unemployment, Middle East, Egypt, Jobs, Qatar, Arabian Gulf, Foreign Labor, World News

The Department of the Development of the National Workforce has placed Qataris in 9,230 jobs previously held by expatriates in the public and private sector.

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John Campbell, GOP Rep., Compares Obama To South American Dictators

The Hill | Posted 05.25.2011

Read More: South America, General Motors, Heritage Foundation, Automaker Bailout, Nationalization, Chrysler, Gm, Economic Crisis, John Cambpell, Economy, President Obama, South America Nationalizations, Obama, Politics News

The Obama administration's intervention in the economy mimics South American regimes of the 1980s that nationalized industries, a Republican congressm...

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How Much Of Coporate America Does The U.S. Own?

The Atlantic | Conor Clarke | Posted 05.25.2011

Read More: General Motors, Corporate America, General Motors Bankruptcy, GM Government, Nationalization, Gm, Government Ownership of Corporations, GM Bankruptcy, Business News

As you've probably heard by now, Obama is sending General Motors to file for Chapter 11 bankruptcy. And, as you've also probably heard, the United Sta...

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Ken Lewis, BofA Management Made Millions On Nationalization Rumors

Bloomberg News | David Mildenberg | Posted 05.25.2011

Read More: Bank of America Bailout, Bank of America, Bank Nationalization, Bank of America Board of Directors, Ken Lewis, Nationalization, Kenneth Lewis, Bofa, Obama Nationalization, BofA Bonuses, BofA CEO, Business News

May 19 (Bloomberg) -- Bank of America Corp.'s directors and top managers, including Chief Executive Officer Kenneth Lewis, made about $6.57 million by...

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Fear and Looting in America: The Next Bank Heist

Les Leopold | Posted 05.25.2011

Read More: Banks, Financial Crisis, Obama, Nationalization, Bailout, Business News

The Obama administration wants to avoid nationalizing banks at all costs. Better to subsidize speculators and then let others reap enormous profits again.

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This Just In! GM's 2010 Car Line!

Fortune's Stanley Bing | Posted 05.25.2011

Read More: Timothy Geithner, Nationalization, General Motors, Gm, Business News

New cars now being prepped for the assembly line include: The SEC Cruiser: An SUV that only operates in rescue mode, and even then only when jump started by another more powerful vehicle.

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Confidence Game

Robert Kuttner | Posted 05.25.2011

Read More: Nationalization, Bank Nationalization, Rick Wagoner, Bank Crisis, Banks, Financial Crisis, Global Financial Crisis, Recapitalization, Business News

The same Treasury department that did not hesitate to fire GM's CEO seems determined to keep zombie banks and their zombie managers intact at all cost. And all cost, in this case, could be trillions.

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The Most Evil Corporations, Industries and Orgs

Rob Kall | Posted 05.25.2011

Read More: Corporate Crime, Nationalization, Newscorp, Exxon Mobil, Fox News, Imf, Evil, Corporate Greed, Government Ownership, Monsanto, Business News

In these trying economic times, when new ideas and approaches must be developed, maybe it is time we identify and deal with the real enemies of the good, of humanity and the earth.

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Inside IndyMac's Nationalization: A Case Study

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Indymac, Nationalization, IndyMac Sale, Politics News

When the federal government first took over IndyMac Bank in July, it estimated that it would cost between four and eight billion dollars to seize it, ...

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The Change We Need I: A Bank for America

Sanjiv Gupta | Posted 05.25.2011

Read More: Banks, Democracy, Nationalization, Bank Bailout, Bailout, Wall Street, Bank Nationalization, Business News

If there is a positive side to the financial crisis, it is this: We can no longer avoid confronting the limits of our democracy when our lives and communities are thrown into violent disarray.

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Poll: Most Americans Support Bank Nationalization

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

Read More: Obama, Nationalization, Rush Limbaugh, Politics News

A new Newsweek poll features some notable findings on the key economic debates playing out in Washington and in the media right now. For instance, a...

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The Obama Revolution

Alan Schram | Posted 05.25.2011

Read More: Dollar, Wall Street, Banks, Inflation, Taxes, Business News, Credit Crunch, Debt, Obama, Bank Deposits, Stimulus, Deficit, Tarp, Dow, Financial Crisis, Nationalization, Business News

The new budget President Obama proposed last week is no less than another American revolution, an economic revolution that changes the very fundamenta...

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Citigroup, Gov Reach Deal For Up To 36% Stake

AP | MARTIN CRUTSINGER | Posted 05.25.2011

Read More: Wall Street Bailout, Geitner Nationalization, Nationalization, Bailout, Citigroup 40%, Citibank, Timothy Geithner, Bank Bailout, Geithner Nationalization, Citi Nationalization, Geithner Citibank, Citigroup Nationalization, Citigroup, Business News

WASHINGTON — The U.S. government will exchange up to $25 billion in emergency bailout money it provided Citigroup Inc. for as much as a 36 perce...

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Geithner: Nationalization Is "The Wrong Strategy," "Deeply Offended" By Banks

Huffington Post | Julie Satow | Posted 05.25.2011

Treasury Secretary Timothy Geithner spoke with PBS' Jim Lehrer on Wednesday evening about the Obama administration's economic plans. Among the highli...

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Nationalization: It's Not Scary, It's All Around You

David Sirota | Posted 05.25.2011

Read More: Tarp, Nationalizing Banks, Wall Street Crisis, Nationalization, Bank Nationalization, Economy, Economic Crisis, Banks, Financial Crisis, Henry Paulson, Obama Nationalization, Ben Bernanke, Banks Bailout, Politics News

Before we get scared about the prospect of nationalization, let's remember: nationalization already pervades far more than the banking industry -- it's all around us.

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Will Geithner's Bungled Bank Plan Fuel Populist Revolt Against Dems?

Art Levine | Posted 05.25.2011

Read More: Banks, Obama, Brad Delong, Nationalization, Geithner, Sirota, Roubini, Politics News

"Nationalizing" banks is a dirty word in the American political context, and progressives seeking that goal would be well advised to offer different messaging in selling it to the public.

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Nationalizing Banks, AIG, Carmakers: The News And What It Means

Huffington Post | Julie Satow | Posted 05.25.2011

Read More: AIG Citi Deals, Chrysler, Aig, Nationalizing Banks, Big Three Automakers, Nationalization, General Motors, Bank Nationalization, Citibank, Obama Nationalization, Aig-Citi-Deals, Treasury Deals AIG Citi, Treasury-Deals-Aig-Citi, Aig News, Business News

UPDATE: A new USA Today/Gallup poll finds that a majority of Americans (54%) favor a temporary government "takeover" of major U.S. banks, but a much l...

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Things I Don't Get

James Moore | Posted 05.25.2011

Read More: Rick Santelli, Bank Nationalization, Housing Crisis, Rick Santelli Rant, Tarp, Nationalizing Banks, Economy, Economic Crisis, Obama Nationalization, Nationalization, Wall Street Crisis, Banks, Henry Paulson, Financial Crisis, Ben Bernanke, Banks Bailout, Bailout Outrage, Business News

Rick Santelli and others are guilty of extreme hypocrisy, the type that only raises its moral head when it serves a particular constituency.

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Paterson: Nationalization Should Be On The Table

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

Read More: Paterson White House, Schumer Banks, Nationalization, Bank Nationalization, Banks, Paterson Banks, Paterson, Paterson Antibiotics, David Paterson, Politics News

New York Governor David Paterson said Friday that he is cautiously open to bank nationalization, now a front-burner political issue, as a measure to a...

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