Treasury Tries To Bail Out Public Image Of Bailout
WASHINGTON -- The Treasury Department is worried that the high political cost of some of its key economic intervention programs -- most notably, the b...
WASHINGTON -- The Treasury Department is worried that the high political cost of some of its key economic intervention programs -- most notably, the b...
Ted Kaufman | Posted 02.18.2012
I have never quite been able to understand how the decision was made to fire Richard Wagoner at GM but not Vikram Pandit at Citibank. Is running a huge bank really more complex than running a huge automobile manufacturer?
Dan Rather | Posted 08.08.2011
"You can't look at what happened in the run-up to 2008 and see how it's not going to repeat itself, given what we've done," says Neil Barofksy, who became TARP's Special Inspector General in December, 2008.
HuffingtonPost.com | Sam Stein | Posted 08.02.2011
WASHINGTON -- A foreboding sense of deja vu is growing among Democratic lawmakers on Capitol Hill. The debate over raising the nation's debt ceiling, ...
Christine Pelosi | Posted 05.25.2011
Watching Bill Clinton help Barack Obama extend George Bush tax cuts -- it's easy to see why Democrats have cognitive dissonance. Here were two enormously popular Democratic leaders handing Republicans their "holy grail" because this is the best we can do.
Herbert M. Allison | Posted 05.25.2011
No one wanted to bail out Wall Street. No one wanted to use taxpayer dollars to rescue an industry that helped cause the worst economic crisis in a generation. It was unfair. It was appalling. But it was necessary. We had no other choice.
Ronald Ricker | Posted 05.25.2011
Here's the story of a family that had no choice but to stop paying their mortgage. Though they're receiving help from a local nonprofit, it's unknown if they'll be forced out. Their story is one of millions.
Tamara Conniff | Posted 05.25.2011
Elizabeth Warren warns that unless a consumer protection agency with real "teeth" is formed, Americans and small businesses will continue to be brought to their knees.
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
Former Treasury Secretary Hank Paulson acknowledged on Sunday that during the intense and grinding days when he was assembling the bank bailout, the t...
Dylan Loewe | Posted 05.25.2011
If Democrats can't stand up and clearly articulate the nightmare scenario we were saved from, then the economic disaster that Republicans caused may well be the same disaster that helps them surge back into power.
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
During his State of the Union address last week, President Barack Obama said he wants to "take $30 billion of the money Wall Street banks have repaid ...
Dear John Thain | Posted 05.25.2011
While we can't decisively compare outcomes of choices that were made to alternative choices, we can ask why certain decisions haven't even been tackled.
Karen Dolan | Posted 05.25.2011
President Obama announced outlines for a new jobs plan for the country. For the first time, he suggested that up to $200 billion from the "bailout of Wall Street" program should go toward jobs creation ideas.
Neil McCarthy | Posted 05.25.2011
Even the lies are ... Boring.
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
The Obama administration will only use money from the Troubled Asset Relief Program to pay for one of the president's newly announced job-creation ini...
Robert Reich | Posted 05.25.2011
Let's be clear: Wall Street today is up to the same tricks it was playing before its near-death experience. The only difference now is that its biggest banks know for sure they'll be bailed out if their bets turn sour.
CNN | Posted 05.25.2011
President Barack Obama's expansion of the federal government into the financial sector is likely to have "devastating" effects in the long term, forme...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
In hoping to prevent a global economic collapse, Congress and the president have had to walk a fine line. On one side is bubbling populist rage at fai...
The Hill | Posted 05.25.2011
A conservative legal group is suing the Treasury Department and the Federal Reserve to reveal exactly how the first $350 billion of the financial serv...
AP | OSKAR GARCIA | Posted 05.25.2011
LAS VEGAS — Sin City's mayor wants President Barack Obama to apologize for saying companies shouldn't visit Las Vegas on the taxpayer's dime. O...
CBS | Posted 05.25.2011
Republican Sen. Richard Shelby of Alabama, the top Republican on the Senate Banking Committee, on Wednesday lambasted Treasury Secretary Tim Geithner'...
FiveThirtyEight | Posted 05.25.2011
I don't think he did well yesterday. I don't know that he's the right guy for the job. But what I do know is the following: 1. Nobody, absolutely nob...
New York Times | Posted 05.25.2011
Question: what happens if you lose vast amounts of other people's money? Answer: you get a big gift from the federal government -- but the president s...
The Huffington Post | Rachel Weiner | Posted 05.25.2011
On Thursday, news came out that Treasury officials are planning a second bank bailout -- one that could cost another $1 to $2 trillion. In a blog p...
ABC | Posted 05.25.2011
The high-flying execs at Citigroup caved under pressure from President Obama and decided today to abandon plans for a luxurious new $50 million corpor...
HuffingtonPost.com | Amanda Terkel | Posted 04.13.2012