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Obama Nationalization

Ken Lewis, BofA Management Made Millions On Nationalization Rumors

Bloomberg News | David Mildenberg | Posted 05.25.2011 | Business

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

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

David Sirota | Posted 05.25.2011 | Politics
David Sirota

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.

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

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

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...

Things I Don't Get

James Moore | Posted 05.25.2011 | Business
James Moore

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

An Open Letter to David Axelrod

Robert Kuttner | Posted 05.25.2011 | Politics
Robert Kuttner

It will take much stronger medicine to avert a depression than the measures taken to date, and the president needs to rally public opinion if he is to persuade Congress to act at the necessary scale.

Death To Zombies: Nationalize Banks Now

Henry Blodget | Posted 05.25.2011 | Business
Henry Blodget

Nationalization does not mean "government-run banks." It means temporary seizure and restructuring. Customers are protected. Depositors are protected. Jobs are protected.

Why Is Geithner Continuing Paulson's Policy of Violating the Law?

William K. Black | Posted 05.25.2011 | Business
William K. Black

Paulson and Geithner's refusal to comply with the law has already cost the taxpayers scores of billions of dollars in unnecessary costs. Geithner indicated Friday that he would continue to flout the law.

Help Wanted: Swedish Model to Kill Off Zombie Banks

Miles Mogulescu | Posted 05.25.2011 | Business
Miles Mogulescu

In order not to spook markets, Obama and a small team of financial commandos needs to orchestrate a sneak attack on the Zombie Banks.

The Politics of Bank Nationalization

Jay Mandle | Posted 05.25.2011 | Business
Jay Mandle

Nationalizing failed banks will not be an easy sell. The country has had a long romance with markets and the residue of that infatuation persists among significant segments of the population.

Trust: The Reason Bank Nationalization is Essential

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Without trust, without confidence that your counterparty financing institutions can deliver or be trusted to execute the obligations they undertake, commerce as we know it will come to a standstill.

Time to Stop the Nationalization Rhetoric, and Let the System Work

David Paul | Posted 05.25.2011 | Business
David Paul

For years, America has told other countries how to deal with financial crises -- cut your losses. Clean up your balance sheets. Get on with it. This week, the stock market said the same thing.

Bank Nationalization Would Pose Hurdles For Obama | Posted 05.25.2011 | Business

The nationalization of even a handful of U.S. banks, which some analysts see as increasingly likely, would pose political problems for President Obama...

The Problems of Nationalization Still Remain

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business

How do me make the transition from private to public ownership with the smallest amount of disruptions -- especially at a time when the financial markets are hanging on by a thread?

Sam Stein

Graham: Nationalizing Banks Should Be On The Table | Sam Stein | Posted 05.25.2011 | Politics

In a gloomy segment about the financial sector on ABC'S This Week, two self-avowed fiscal conservatives said that the U.S. Government should at least ...