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Tim Geithner Admits Banks Bailed Out With Rigged Libor, Costing Taxpayers Huge Amount

Mark Gongloff | Posted 09.24.2012 | Business
Mark Gongloff

The government knowingly used an artificially low interest rate when setting bailout terms for big banks and insurance giant AIG, costing taxpayers millions, maybe billions.

Matt Taibbi: The Real Housewives Of Wall Street

Rolling Stone | Matt Taibbi | Posted 06.12.2011 | Business

Why is the Federal Reserve forking over $220 million in bailout money to the wives of two Morgan Stanley bigwigs?...

The Whirligig of Time Fails to Bring Its Revenges

Vicky Ward | Posted 06.05.2011 | Business
Vicky Ward

Greed never dies; rules are made to be bent; the rich are indeed different from the rest of us -- and Shakespeare's fool was wrong. It would seem the whirligig of time does not, alas, bring its revenges.

Banks Slash Borrowing From Fed: $7.6 Billion In Fed Loans This Week

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Banks borrowed less from the Federal Reserve's emergency lending program over the past week, a fresh sign that credit problems are ...

Commercial Real Estate Is an Impending Disaster

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Many of us know of people who have lost their homes through foreclosure. To a lesser extent we hear about struggling commercial properties vying for a limited pool of tenants.

It's a Lot of Money

Amy Domini | Posted 05.25.2011 | Business
Amy Domini

Government continues to be surprisingly effective in fighting the economic battle, in creatively looking at ways to tax, to incentivize good behavior, and in raising America's reputation abroad.

Federal Program To Boost Private Lending Struggles To Get Money To Consumers

Washington Post | Neil Irwin | Posted 05.25.2011 | Business

In its first two months, the government's signature initiative to support consumer lending has fallen well short of expectations, deploying only a fra...

Gaming the Bailout: How Washington Continues Making The Saudi Arabia of Bond Funds Ever Richer

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

To see how access, power, and influence over the government and media is literally lifting billions from the pockets of taxpayers, one need not look further than a firm called PIMCO.

Jason Linkins

CNBC Anchors Change Tune On Obama (VIDEO)

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011 | Media

For a long while, CNBC has been one of the White House's most fervent critics, what with all the "wealth destruction" and the support for "loser's mor...

New month for Wall Street, but old problems linger

AP | SARA LEPRO | Posted 05.25.2011 | Business

NEW YORK — The arrival of March is unlikely to bring much relief to a stock market battered by bad news throughout February. Trepidation is mor...

The Bastard at the Wedding

Reese Schonfeld | Posted 05.25.2011 | Politics
Reese Schonfeld

The Presidency is the toughest job in the world and I think it calls for bold, strong action by Obama. I am afraid that he may be, by nature, a compromiser, and that's why I feel like the bastard at the wedding.

Hedge Funds Gain Access To $200 Billion In Fed Aid

Financial Times | Krishna Guha | Posted 05.25.2011 | Business

Hedge funds will be allowed to borrow from the Federal Reserve for the first time under a landmark $200bn programme intended to support consumer credi...