Surprised? Those Big Banks That Got Taxpayer Money Are Still Taking Huge Risks
The big banks that critics claim caused the financial crisis may have gotten bailed out, but they apparently haven't learned their lesson. Large b...
The big banks that critics claim caused the financial crisis may have gotten bailed out, but they apparently haven't learned their lesson. Large b...
Posted 07.09.2011
Shares in bailed-out insurer American International Group (AIG.N) fell to their lowest levels in nearly eight months on Monday, potentially moving...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.30.2011
NEW YORK -- On Wednesday, the Treasury Department celebrated the fact that its $250 billion investment in the nation's banking system has officially m...
Michael Moore | Posted 05.25.2011
Contrary to what those in power would like you to believe so that you'll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot.
Simon Johnson | Posted 05.25.2011
TARP played a significant role preventing the mini-depression from becoming a full-blown Great Depression, but part of the cost is to distort further incentives at the heart of Wall Street.
Mary Bottari | Posted 05.25.2011
Last week, the Federal Reserve was forced by law to release the details of its back-door bailout of the global financial system. These later purchases represent the real risk for taxpayers in the Fed's continuing bailout activities
Ellen Brown | Posted 05.25.2011
The deficit hawks are circling, hovering over QE2, calling it just another inflationary bank bailout. But unlike QE1, QE2 is not about saving the ban...
washingtonpost.com | Brady Dennis | Posted 05.25.2011
The latest report from the agency shows that more than 120 institutions - nearly all of them small banks - have missed their scheduled quarterly divid...
Michelle Kraus | Posted 05.25.2011
The housing crisis is just one piece of the big, ugly mess of the consumer credit debacle. It seems to me that our president must call for immediate reform and take action through executive order.
Janet Tavakoli | Posted 05.25.2011
With the latest lawsuit, taxpayers might again ask why the Federal Reserve was so eager to bail out all of AIG's deals linked to problematic CDOs at 100 cents on the dollar. The largest beneficiary of that largess was Goldman Sachs.
Bill Lasarow | Posted 05.25.2011
The more traditional wing of the Republican Party has for generations conducted a program that they casually and regularly accuse liberals of conducting: Class warfare. In fact it is they who conduct class warfare.
John F. Wasik | Posted 05.25.2011
Beck and his tea-bagging minions apparently don't want anything to do with creating jobs for those who need them.
Wall Street Journal | MEENA THIRUVENGADAM | Posted 05.25.2011
WASHINGTON -- A plan by Treasury Secretary Timothy Geithner to limit lobbyists' influence over the $700 billion bailout program has yet to get off the...
The Huffington Post | Ryan McCarthy | Posted 05.25.2011
The timing couldn't be better. With the Obama administration readying new compensation guidelines for certain financial companies, Forbes reported Tue...
AP | DANIEL WAGNER and STEVENSON JACOBS | Posted 05.25.2011
WASHINGTON - The Treasury Department has approved 10 of the nation's largest banks to repay $68 billion in government bailout money. The department o...
usnews.com | Rick Newman | Posted 05.25.2011
The government has finally acknowledged something it wanted to keep secret six months ago: Which banks are in the worst financial health. It's now ...
bailoutsleuth.com | Avi Klein on February 27, 2009 4:01 PM | Posted 05.25.2011
German American Bancorp Inc. said this week it would turn down $25 million in taxpayer capital from the Treasury Department and raise funds through a ...
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...
Joseph A. Palermo | Posted 05.25.2011
It could be that our institutions are so corrupt, our political discourse so banal and polluted, that they are incapable of lifting us up from our national malaise.
Wall Street Journal | MICHAEL R. CRITTENDEN | Posted 05.25.2011
The U.S. Treasury's financial-rescue plan remains an incomplete operation, plagued by backlogs and a lack of clear mission, a government watchdog said...
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...
The Huffington Post | Bonnie Kavoussi | Posted 03.07.2012