Troubled Asset Relief Program

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...

Read Whole Story

We Could Still Be In A Recession If Not For The Stimulus, Report Finds

The Huffington Post | Alexander Eichler | Posted 05.02.2012

Read More: Tarp, Obama Stimulus, Troubled Asset Relief Program, Mitt Romney, Stimulus, Barack Obama, Recession, Video, Economic Stimulus Package, Gdp, Bailout, Stimulus Package, Great Recession, Financial Crisis, Economic Stimulus, Economic Growth, Business News

The recovery's been weak these last few years. But if the federal government hadn't reacted to the financial crisis the way it did, things would have ...

Read Whole Story

Why You Shouldn't Buy Treasury's Line On The Bailouts

Bloomberg View | Jonathan Weil | Posted 04.20.2012

Read More: White House, Treasury Department, Continental Illinois National Bank & Trust Co, U.S. Federal Housing Administration, Video, Fdic, Freddie Mac, Financial Sector, Troubled Asset Relief Program, Fannie Mae, Federal Reserve, Taxpayers, Business News

The U.S. Treasury Department wants the public to believe the government’s bailouts of the financial sector might make money for taxpayers. It’s ea...

Read Whole Story

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...

Read Whole Story

Treasury Tries To Bail Out Public Image Of Bailout

HuffingtonPost.com | Amanda Terkel | Posted 04.13.2012

Read More: Tarp, Treasury Department, Video, Wall Street Bailout, Tim Geithner Treasury Secretary, Tim Geithner, Troubled Asset Relief Program, Rick Santelli, Obama TARP, Bank Bailout, Tea Party, Politics News

WASHINGTON -- The Treasury Department is worried that the high political cost of some of its key economic intervention programs -- most notably, the b...

Read Whole Story

Washington and Banks Don't Understand Small Businesses Are the Engine of Economic Growth in America

Lloyd Chapman | Posted 03.05.2012

Let me give you some advice I have been giving to people for a decade: quit listening to what your politicians are saying and start watching what they are doing. If you look past the propaganda you'll see that the U.S. government is anti-small business.

Read Post

Mortgage Modification Scammers On Notice As Federal Offices Announce Crack Down

The Huffington Post | Alexander Eichler | Posted 12.01.2011

Read More: Tarp, Treasury Department, Mortgage Modifications, Mortgage Modification, Troubled Asset Relief Program, Homeowners, Mortgage Scams, Mortgages, Hamp, Video, Bailout, Consumer Financial Protection Bureau, Cfpb, Scam, Foreclosure, Sigtarp, Business News

With the economy losing momentum and the housing market sagging, there has been no shortage of scammers looking to take advantage of struggling homeow...

Read Whole Story

Economists Call For Massive Debt Relief To Jumpstart Economy

Posted 12.03.2011

Read More: Tarp, Foreclosure Crisis, Video, Freddie Mac, Debt Crisis, Great Haircut, Troubled Asset Relief Program, Bailouts, Fannie Mae, Financial Crisis, Massive Debt Relief, Business News

NEW YORK (Jennifer Ablan and Matthew Goldstein) - More than three years after the financial crisis struck, the economy remains stuck in a consumer...

Read Whole Story

Banks Left Bailout Program Early To Avoid Restrictions On Executive Pay: Report

HuffingtonPost.com | Alexander Eichler | Posted 11.29.2011

Read More: Tarp, PNC Bank, Treasury Department, Video, Bailout, Troubled Asset Relief Program, Wells Fargo, Bank of America, Christy Romero, Federal Reserve, Financial Crisis, Bofa, Sigtarp, Citigroup, Business News

In the wake of the financial crisis, a number of the nation's largest banks were excused from the government's rescue program before they had returned...

Read Whole Story

How America Saved Wall Street In Order To Sue It

Bloomberg | Jonathan Well | Posted 11.08.2011

Read More: Treasury Department, Congress, Freddie Mac, Wall Street, Great Recession, Vietnam War, Troubled Asset Relief Program, Mortgage Crisis, Banks, Financial Crisis, Fannie Mae, Aig, Federal Housing Finance Agency, Mortgage Bonds, General Motors Co, Business News

The Vietnam War gave us the expression, “We had to destroy the village in order to save it.” The same kind of thinking might help explain the U.S....

Read Whole Story

'Secret' Fed Loans Reveal Divide Between 'Wall Street Aristocracy' And Ordinary Americans

HuffingtonPost.com | Jason Linkins | Posted 10.24.2011

Read More: Eat the Press, Tarp, Foreclosure Crisis, Wall Street Bailout, Troubled Asset Relief Program, Too Big to Fail, Aig, Financial Regulatory Reform, Politics News, Bailout, Home Affordable Modification Program, Tim Geithner, Financial Crisis, Media Criticism, Media News, Financial Regulation, Politics News

If you've not yet read the recent piece by Bradley Keoun and Phil Kuntz of Bloomberg News, "Wall Street Aristocracy Got $1.2 Trillion in Fed’s Secre...

Read Whole Story

This Day In TARP Triumphalism

HuffingtonPost.com | Jason Linkins | Posted 10.18.2011

Read More: Financial Regulatory Reform, Tarp, Eat the Press, Wall Street Bailout, Foreclosure Crisis, Bailout, Home Affordable Modification Program, Tim Geithner, Troubled Asset Relief Program, Too Big to Fail, Media Criticism, Financial Crisis, Aig, Media News, Financial Regulation, Politics News

It's been a while since we've heard that trumpet voluntary from the Treasury Department, signaling the sending of another press release celebrating the fact that "TARP worked!" But this week, the horns sounded.

Read Whole Story

Tim Geithner: President Should Veto Any Legislation Weakening Financial Reform

Wall Street Journal | Timothy Geithner | Posted 09.19.2011

Read More: The Commodity Futures Trading Commission, Congress, Federal Deposit Insurance Corporation, Great Recession, Financial Reform, Troubled Asset Relief Program, President Barack Obama, Senate Banking Committee, Republican, Gop, Timothy Geithner, Securities and Exchange Commission, Dodd-Frank Bill, Business News

In June 2009, the administration submitted to Congress a proposal that would fundamentally reshape the financial system. It was designed to lay a stro...

Read Whole Story

Pelosi: Republicans May Need To See Markets Plunge To Support Debt Limit Deal

HuffingtonPost.com | Elise Foley | Posted 09.13.2011

Read More: Tarp, Deficit, Debt, Markets, Debt Ceiling, Bailout, John Boehner, Troubled Asset Relief Program, Debt Limit, Camp David, Nancy Pelosi, Moody's Investor Service, Bipartisan Debt Talks, Dow, Politics News

WASHINGTON -- Republicans may not support raising the debt ceiling until the stock market takes a major plunge, House Minority Leader Nancy Pelosi (D-...

Read Whole Story

No More Bailouts For Wall Street, Regulator Says

HuffingtonPost.com | William Alden | Posted 08.14.2011

Read More: Tarp, Wall Street Bailout, Fdic, Bailout, Troubled Asset Relief Program, Taxpayer Bailout, Economic Crisis, Federal Deposit Insurance Corp, Business News, Christy Romero, Financial Crisis, Federal Reserve, Timothy Geithner, Michael-Krimminger, Business News

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

Read Whole Story

Debt Limit Debate Has Lawmakers Experiencing TARP Deja Vu

HuffingtonPost.com | Sam Stein | Posted 08.02.2011

Read More: Tarp, Economy Tarp, Tarp Reaction, Geithner Tarp, Debt Ceiling, Pelosi Tarp, Troubled Asset Relief Program, Debt Ceiling Pelosi, Tarp Debt, Obama TARP, Debt Ceiling Geithner, Politics News

WASHINGTON -- A foreboding sense of deja vu is growing among Democratic lawmakers on Capitol Hill. The debate over raising the nation's debt ceiling, ...

Read Whole Story

Tett on TARP and the Apocalypse

Robert Teitelman | Posted 07.13.2011

Read More: Andrew Ross Sorkin, Apocolypse, Tarp, Financial TImes, Troubled Asset Relief Program, Business News

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.

Read Post

Why TARP Proves America Can Emerge From Political Deadlock

Financial Times | Gillian Tett | Posted 07.13.2011

Read More: Political Gridlock, Tarp, Aig, Financial Crisis, Lessons Financial Crisis, Political Deadlock, US Politics, Troubled Asset Relief Program, Business News

Not many things have emerged from the quagmire of US Congress recently which have produced a truly pleasant surprise. But could the troubled asset rel...

Read Whole Story

George Clooney Tackling Washington, Wall Street In New Film

Posted 06.14.2011

Read More: Neel Kashkari Movie, Neel Kashkari, George Clooney, George Clooney Troubled Asset Relief Program, George Clooney TARP Movie, Troubled Asset Relief Program, Tarp, Movies, Entertainment News

George Clooney is set to produce -- and perhaps direct -- "700 Billion Man," a new film about the 2008 financial crisis and the subsequent government ...

Read Whole Story

Megabank Myths

The New York Times | SIMON JOHNSON | Posted 05.31.2011

Back when it really mattered -- last spring, during the debate over the Dodd-Frank financial regulation -- Senator Ted Kaufman, Democrat of Delaware, ...

Read Whole Story

Keycorp Plans To Repay Entire TARP Bailout

Reuters | Posted 05.25.2011

Read More: Tarp, Financial Crisis, Keycorp, Bailout, Troubled Asset Relief Program, SunTrust Banks, Business News

(Reuters) - Keycorp said on Friday that it planned to repay $2.5 billion in U.S. government bailout funds, becoming one of the latest banks to sha...

Read Whole Story

Time To Celebrate The Success Of TARP Again, While Ignoring The Totality Of The Taxpayer Bailout

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011

Read More: Tarp, Eat the Press, Wall Street Bailout, Foreclosure Crisis, Troubled Asset Relief Program, Financial Regulatory Reform, Bailout, Tim Geithner, Media Criticism, Financial Crisis, Washington Post, Media News, Financial Regulation, Media News

It seems it's time for this old song and dance again: Six banks repaid nearly half a billion dollars in funds they received from the government bai...

Read Whole Story

Watchdog: TARP Helped Perpetuate A 'Too Big To Fail' System

Reuters | Posted 05.25.2011

Read More: Tarp, Hamp, Bailout, Troubled Asset Relief Program, Watchdog Panel, Bank of America, Timothy Massad, 700 Billion, Citigroup, Business News

WASHINGTON (Reuters) - The watchdog panel for the $700 billion bank bailout faulted the U.S. government for the last time on Wednesday, saying the p...

Read Whole Story

Government Recovers Large Chunk Of TARP Money

Posted 05.25.2011

Read More: Business News, Tarp, Aig, Metlife, AIG Common Stock, U.S Treasury, Troubled Asset Relief Program, AIG Pays Funds, Business News

New York (Reuters) - American International Group (AIG.N) repaid another $6.9 billion of its bailout on Tuesday, the U.S. Treasury said. With ...

Read Whole Story

This Day In Troubled Asset Relief Mythmaking

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011

Read More: Financial Regulatory Reform, Tarp, Eat the Press, Foreclosure Crisis, Wall Street Bailout, Bailout, Troubled Asset Relief Program, Financial Crisis, Financial Regulation, Media News

Another day, another article attesting to the glorious success that was the Troubled Asset Relief Program. Today's story comes from Jim Puzzangher...

Read Whole Story