Do the Republicans want to destroy the economy, believing they can blame Obama and the Democrats? Are Republicans willing to suck the life out of the economy to gain political power?
America's biggest problem by far is that capital spending in new production facilities that create jobs and real products never occurred, not even after trillions of dollars were thrown at banks in the global financial system.
Are we still a government of the people, by the people and for the people or have the banks foreclosed on that as well?
The U.S. economy is surviving only because of over-stimulation. We're living on fumes in this country, and the pursuit of happiness has come to an end for millions of families.
Cuts will not produce growth. Cuts will more likely tip us into a double-dip recession, which the Republicans will blame on the Obama Administration's failure to cut more! It is surely better to stand firm and to call the Republicans' bluff.
How I wish that Ben Bernanke would get caught emailing photos of his underwear-clad groin. Otherwise we don't stand a chance of reversing this administration's economic policy, which is shaping up to be every bit as disastrous as that of its predecessor.
Too Big To Fail isn't the story of how the Three Musketeers (Paulson, Bernanke, and Geithner) saved the global economy. It's a story of how the three didn't see the financial crisis coming.
Perhaps the main value of the book and film versions of Andrew Ross Sorkin's Too Big to Fail is the instruction they provide on the limits of mainstream journalism in the decade that led up to the meltdown.
In America it takes an apocalypse to get anyone to pay much attention to anything but their craven self-interest. Talking points continue to argue that the post-Lehman, AIG implosion crisis that led to TARP was not really a meltdown, but just a few days of pain.
The big banks are still mugging America. They do so because they can, and they can because they pour tens of millions of dollars into our Presidentia...
When it comes to bonds, the client is conveniently never shown how to settle based on prices. Instead they are taught a nonsensical and more complicated method called yield settlement.
I never actually met anyone in person from Bank of America. I was not too big to fail; I was too small to notice.
The same bank executives who donated to Scott Walker and have helped him avoid the press with their underground tunnel also ran one of the most conspicuous dumping sites for toxic financial waste in the country.
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.
Bank of America announced last Friday that they were creating a new subsidiary, Legacy Asset Servicing, to handle their 1.3 million troubled mortgages. What does this move really mean?
I'd just turned 20 when I began a three-year stint on Citigroup's corporate-derivatives team. I had no work experience to speak of. As my boss said after my interview, I was "f***ing unpolished."