Tarp Money

Bailed-Out Bank Defrauded By Debt Collection Agency

The Huffington Post | Jillian Berman | Posted 05.16.2012

Read More: Tarp, Video, Debt Collection Agency Tarp, TARP Money, Webster-Bank, Troubled Asset Relief Program, Christy-Romero-Bailout-Watchdog, Business News, Christy Romero, Oxford Collection Agency, Sigtarp, Business News

Apparently debt collection agencies aren't only making things difficult for debtors. Executives at Oxford Collection Agency have pled guilty to co...

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Bailout Watchdog: 'We're Letting Our Guard Down' Against Too-Big-To-Fail Banks

The Huffington Post | Jillian Berman | Posted 04.19.2012

Read More: Tarp, Video, Sigtarp-Oversight, TARP Money, Troubled Asset Relief Program, Too Big to Fail, Business News, Christy Romero, Christy Romero Bailout Watchdog, Sigtarp, Business News

The likelihood of another financial crisis and subsequent bailout is far from dead. And that's partly because Americans and the financial community fo...

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Warren Slams AIG Tax Break

AP | DANIEL WAGNER | Posted 05.12.2012

Read More: Tarp, Elizabeth Warren, Video, Wall Street Bailout, Bailout, TARP Money, Aig Tax Break, Elizabeth Warren Aig Tax Break, Business News, Aig, Elizabeth Warren Aig, American International Group, Business News

WASHINGTON -- Former members of a congressional panel that oversaw bailouts during the financial crisis blasted the Treasury Department on Monday for ...

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Surprised? Those Big Banks That Got Taxpayer Money Are Still Taking Huge Risks

The Huffington Post | Bonnie Kavoussi | Posted 03.07.2012

Read More: Tarp, Tarp Bailout, Video, Large Banks, Wall Street Bailout, Bailout, TARP Money, Banks, Federal Reserve, Bank Bailout, Big Banks, Moral Hazard, Small Banks, Business News

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...

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A Lesson From the Brits on Bank Bailouts

Ted Kaufman | Posted 02.18.2012

Read More: Wall Street Bailout, Obama Wall Street, Bailout, TARP Money, Rbs, RBS Bailout, UK Financial Crisis, Bank Bailout, Too Big to Fail, Obama TARP, Business News
Ted Kaufman

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?

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TARP To Cost The U.S. Nearly Double The Initial Estimates: CBO

Posted 12.16.2011

Read More: Tarp, 2008 Financial Crisis, Video, Tarp Cost to u.s., Government Bailout, TARP Money, Occupy Wall Street, Business News, Financial Crisis, Tarp-Costs, Bank Bailout, Business News

The government's bailout of banks may cost U.S. taxpayers nearly two times more than originally estimated, according to the Congressional Budget Offic...

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Max J. Rosenthal

Scott Brown's Big Bank Sellout

HuffingtonPost.com | Max J. Rosenthal | Posted 11.17.2011

Read More: Scott Brown, Bank of America, General Electric, Video, Insider Trading, TARP Money, Stocks, Politics News

WASHINGTON -- Sen. Scott Brown (R-Mass.) positioned himself as a clean-government advocate this week, co-sponsoring the STOCK Act, which is designed t...

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If I Were a Protestor

Jerry Kremer | Posted 12.21.2011

Read More: Protests, Republican Congress, TARP Money, Occupy Wall Street, New York News
Jerry Kremer

Traveling between New York City and Washington over the past weekend has given me a chance to see two of the many protests that are currently taking p...

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Is the National Security Complex Too Big to Fail?

Tom Engelhardt | Posted 12.20.2011

Read More: Taxes, Tarp, Iraw War, Bailout, TARP Money, Occupy Wall Street, AIG Bailout, National-Security-Complex, Too Big to Fail, Intelligence Community, State Department, Politics News
Tom Engelhardt

Think of Iraq as the AIG of wars -- the only difference being that the bailout there didn't involve just three payouts. More than eight years after the Bush administration invaded that country, the bailout is, unbelievably enough, still going.

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Florida Bank Backed By TARP Money, Used By Insiders Verging On Collapse

Posted 12.19.2011

Read More: Video, Florida-Banks, U.S. Century Bank, TARP Money, Business News, Banks, Banking News, Insider Lending, Business News

By Jake Bernstein, ProPublica U.S. Century Bank rocketed into being in 2002, with investors pouring in $30 million over three months. Four years ...

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Demanding Accountability for Wall Street's "Greedapalooza"

Bennet Kelley | Posted 12.06.2011

Read More: Scott Brown, Pablo Neruda, Elizabeth Warren, Benedict Arnold, Stanley Tools, TARP Money, Koch Industries, Occupy Wall Street, Bermuda Tax Shelter, Grover Norquist, Corporate Greed, Big Banks, Greedapalooza, Politics News
Bennet Kelley

September '11 is the moment the lobster said the water is getting too hot; it is the moment the people said the U.S. does not belong to those with the most money, but to working Americans whose voices have been ignored for too long.

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The War 'in' the Middle Class

Paul Heroux | Posted 09.14.2011

Read More: Tarp, Class Warfare, Mitch McConnell, Debt Ceiling, TARP Money, John Boehner, Middle Class, President Obama, Eric Cantor, Deficit, ARRA 2009, Economic Stimulus Package, Federal Budget Deficit, Gop, Tea Party, Republicans, Politics News
Paul Heroux

The most pressing issue in America today is unemployment and jobs, not debt. Yet, somehow Washington has managed to get distracted and focus on the de...

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Lessons From the Crisis

Neil Barofsky | Posted 09.06.2011

Read More: Tarp, Dodd-Frank, TARP Money, Economy, Financial Reform, Too Big to Fail, Economic Crisis, Bank of America, Neil Barofsky, Dodd-Frank Bill, Goldman Sachs, Merrill Lynch, JP Morgan, Wall Street Crisis, Wall Street, Bailout, Finance, Financial Crisis, Timothy Geithner, Citigroup, Business News
Neil Barofsky

The most striking lessons from the financial crisis and its aftermath already appear either to have been forgotten or to have never been learned. The American financial system can still be brought to its knees by the poor decisions of a small group of executives.

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Taking on TARP

Dan Rather | Posted 08.08.2011

Read More: Dodd-Frank Act, Video, Wall Street Bailout, Foreclosure Crisis, Unemployment, Financial Oversight, TARP Money, Financial Recovery, Neil Barofky, Big Bank Bailout, Obama TARP, Mortgage Defaults, Big Banks, Financial Regulation, Business News
Dan Rather

"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.

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"A Healthy Financial System Cannot Be Built on the Expectation of Bailouts"

Simon Johnson | Posted 05.25.2011

Read More: Tarp, Tarp Bailout, Congressional Oversight Panel, Tarp Funds, TARP Money, Tarp Financial Stability, Business News
Simon Johnson

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.

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Time to "Stress Test" the Fed

Mary Bottari | Posted 05.25.2011

Read More: Tarp Bailout, Wall Street Bailout, Wall Street Crisis, Bailout, TARP Money, Mortgage Crisis, Federal Reserve, Ben Bernanke, Mortgage-Backed Securities, Business News
Mary Bottari

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

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Obama: Create Jobs by Executive Order

Marjorie Cohn | Posted 05.25.2011

Read More: Jobs, New Deal, TARP Money, Executive Order, Barack Obama, Great Depression, Politics News
Marjorie Cohn

Obama: Create Jobs by Executive Order By Jeanne Mirer and Marjorie Cohn On May 6, 1935, with the country in the midst of the Great Depression, and wi...

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Obama: Create Jobs by Executive Order

Marjorie Cohn | Posted 05.25.2011

Read More: Executive Orders, Jobs, New Deal, TARP Money, Barack Obama, Great Depression, Politics News
Marjorie Cohn

Obama: Create Jobs by Executive Order By Jeanne Mirer and Marjorie Cohn On May 6, 1935, with the country in the midst of the Great Depression, and wi...

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Too Big to Fail -- That's What She Said

Kristin Wilson Keppler | Posted 05.25.2011

Read More: Parenting, Humor, TARP Money, Political Humor, Bailouts, Chrysler, General Motors, Ford, Comedy News
Kristin Wilson Keppler

We're not suggesting these institutions actually need bailing out; we're simply suggesting that if they ever do falter, a nation's worth of parents will lose their collective Schmidt.

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Geithner Debunks Five Greatest Myths About TARP

The Washington Post | Timothy F. Geithner | Posted 05.25.2011

Read More: Tarp, Geithner, Economic Stimulus Package, Troubled Asset Relief Program, Tarp Myts, Tim Geithner Tarp Myths, TARP Money, Tim Geithner Tarp, Tim Geithner, Business News

Born at the peak of the financial crisis in 2008, the Troubled Asset Relief Program expired last week, ending what was perhaps the most maligned yet m...

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The Untold Story of TARP

Herbert M. Allison | Posted 05.25.2011

Read More: Wall Street Bailout, Obama TARP, TARP Money, Troubled Asset Relief Plan, Troubled Asset Relief Program, Obama Tarp Money, Tarp, Business News
Herbert M. Allison

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.

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TARP Uncovered -- the Real Cost of the Government Bailout

John R. Talbott | Posted 05.25.2011

Read More: Tarp, Wall Street Bailout, Bailout, Wall Street, TARP Money, Econ, Financial Crisis, Bank Bailout, Politics News
John R. Talbott

One of the reasons that TARP did not cost more was because of the government's other more costly bailout policies, and to ignore them is to dramatically understate the true cost of the bailout.

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Goldman's CEO Made $125M In Bonuses Over Past Decade

The Huffington Post | William Alden | Posted 05.25.2011

Read More: Lloyd Blankfein, Goldman Sachs, Bailout, TARP Money, Troubled Asset Relief Program, Business News, Bonuses, Wall Street Bonuses, Kenneth Feinberg, Business News

Lloyd Blankfein, CEO of Goldman Sachs, took home $125 million in cash bonuses over the past decade, Bloomberg reports. Shareholders, however, haven'...

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The Terrible Tale of the TARP Two Years Later

Dean Baker | Posted 05.25.2011

Read More: Banks, Bailout, Tarp, Wall Street Bailout, Bank Bailout, TARP Money, Wall Street, Great Recession, Business News
Dean Baker

The notion that we would be sitting in a 21st century economy and reduced to barter payments was an invention of the bank lobby to get the taxpayers' money.

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William Alden

Bailed-Out Banks Finance 'Legalized Loan Shark' Lenders, Says New Report

HuffingtonPost.com | William Alden | Posted 05.25.2011

Read More: Tarp, Iowa, Bail Out, Economy, Bank of America, Bottom Feeders, Kansas, Predatory Lending, Bailout, Public Accountability Initiative, Chicago, Loans, Business News, National People's Action, Cash America, Fees, Interest Rates, Loan Sharks, TARP Money, Wells Fargo, Dick Durbin, ACE Cash Express, JP Morgan, Credit Suisse, Wall Street, Loan Sharking, Advance America, Missouri, Illinois, Business News

Big banks that received TARP bailout money are funding payday lenders -- companies Senator Dick Durbin (D - Ill.) termed "bottom feeders" -- and which...

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