iOS app Android app

Taxpayer Bailout

Someone Else May Need A Taxpayer Bailout

Reuters | Posted 01.15.2013 | Business

WASHINGTON, Nov 15 (Reuters) - The Obama administration said on Thursday it planned to take steps to fill a capital hole at the Federal Housing Admi...

Report: Federal Housing Administration May Require A Bailout By Next Year's End

Posted 11.15.2011 | Business

The Federal Housing Administration's cash reserves have dropped so low that there is a close to a 50 percent chance it could run out of funds and ...

William Alden

No More Bailouts For Wall Street, Regulator Says

HuffingtonPost.com | William Alden | Posted 08.14.2011 | Business

The era of Wall Street bailouts is over, a top government regulator told Congress on Tuesday. The financial reform legislation passed last summer b...

Shahien Nasiripour

Financial System Riskier, Next Bailout Will Be Costlier

HuffingtonPost.com | Shahien Nasiripour | Posted 06.19.2011 | Business

The financial system poses an even greater risk to taxpayers than before the crisis, according to analysts at Standard & Poor's. The next rescue could...

Jason Linkins

Would A Nuclear Calamity In The U.S. Require A Billion Dollar Taxpayer Bailout? (Yes.)

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011 | Politics

With all eyes and hopeful prayers focused on the unfolding calamity at Japan's Fukushima Daiichi nuclear plant, there's been a significant uptick in attention to our own domestic nuclear power industry, with its attendant benefits and concerns. One thing you might be wondering at this point is the extent to which a similar accident in the United States would affect taxpayers -- that is, how big a bill should you expect to receive?

'Too Big To Fail' Will Never End, Buffett Says

The Huffington Post | William Alden | Posted 05.25.2011 | Business

No matter what the government does, taxpayer bailouts of the financial sector will sometimes be necessary, according to the nation's second richest ma...

New 'Stress Tests' For Wall Street To Be Kept Secret

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Wall Street's largest firms will undergo scrutiny by the Federal Reserve in the coming months, as they submit to a new round of "stress tests," design...

AIG, U.S. Move Closer To Bailout Exit Deal

Reuters | Paritosh Bansal | Posted 05.25.2011 | Business

American International Group Inc and the U.S. government are moving closer to a deal on how the Treasury Department would exit its investment in the b...

GM To File IPO Papers Next Week: AP Source

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — General Motors Co. is likely to file paperwork next week that describes its plan to sell shares to the public, a person familiar with ...

Make Wall Street Pay for Creating New Jobs

Richard Trumka | Posted 05.25.2011 | Business
Richard Trumka

$9 million in stock options as a 2009 bonus for Goldman Sachs CEO Lloyd Blankfein is now considered a big concession from Wall Street. Before we all start applauding, let's take another look at what's really happening on Wall Street.

The Uncosted Rewards of Bankers' Bonuses

Reggie Middleton | Posted 05.25.2011 | Business
Reggie Middleton

Main Street is absolutely flabbergasted that bankers do not understand the core issues of this bonus question. Allow me to clearly outline the problem and propose a solution.

Shahien Nasiripour

AIG Bailout: Issa Demands Fed Turn Over All AIG Documents

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

A leading House Republican called for Federal Reserve Chairman Ben Bernanke to release more documents related to the 2008 bailout of troubled insurer ...

I Just Took $5 Billion Off $700 Billion (Cost to Taxpayers: Zero)

Dave Hollander | Posted 05.25.2011 | Business
Dave Hollander

The government says they want to help? Okay, let's really put the I.R.S. to work. The President should direct that agency, right now, to identify all those who profited from the root cause.

Financial Crisis: Time for a Citizens' Plan?

Robert L. Borosage | Posted 05.25.2011 | Business
Robert L. Borosage

These demands will be met with howls of outrage, a renting of pinstripes. It will require a Congress, lathered with Wall Street contributions, to insist on a deal that makes sense.