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Troubled Asset Relief Program

Sam Stein

The 2016 Republican Field Has A Complicated History With The Bank Bailout | Sam Stein | Posted 05.04.2015 | Politics

WASHINGTON -- The bailing out of U.S. banks in the fall of 2008 represents one of the most controversial government interventions in modern history. M...

Zach Carter

Republican Candidate Doesn't Understand What It Means To Cut Spending | Zach Carter | Posted 05.13.2014 | Politics

Neel Kashkari is seeking the GOP nomination to challenge California Gov. Jerry Brown (D) in the November elections. And, like all good Republicans, he...

Zach Carter

Third Of Richest CEOs Were Getting Paid Taxpayer Dollars | Zach Carter | Posted 08.28.2013 | Politics

WASHINGTON -- More than one-third of the nation's highest-paid CEOs from the past two decades led companies that were subsidized by American taxpayers...

Report Raises Concerns About Housing Aid Program

Reuters | Posted 09.22.2013 | Business

WASHINGTON, July 24 (Reuters) - Nearly half of the mortgages modified in 2009 under the Obama administration's signature homeowner rescue effort are...

Feds To Investigate Florida's Housing Help Program

Sun Sentinel | Paul Owers | Posted 06.12.2013 | Miami

The federal government says it will investigate a $1 billion state housing program designed to help homeowners avoid foreclosure. U.S. Sen. Bill Nels...

Mark Gongloff

Bailout Watchdog Issues Dire Warning To Taxpayers | Mark Gongloff | Posted 01.30.2013 | Business

Guess what, American taxpayer: More than four years after the financial crisis started, you are still on the hook for a nearly $15 billion investment ...

Tim Geithner Knows Libor Is Useless, Fine With That

Mark Gongloff | Posted 12.25.2012 | Business
Mark Gongloff

It's a good thing we have all decided not to care about the Libor scandal, or Tim Geithner might be looking kind of silly right now.

Paul Ryan's Bailout Hypocrisy

Reuters | Posted 10.19.2012 | Business

* Republican VP candidate voted for 2008 auto bailout * Ryan broke with party to try to save hometown GM plant * Spendin...

Demote, Defang DeMarco

Leo W. Gerard | Posted 10.13.2012 | Business
Leo W. Gerard

This guy, Edward DeMarco, the acting head of the Federal Housing Finance Agency, is deliberately damaging America -- promoting foreclosures, high unemployment and excessive taxes. He has got to go.

Ben Hallman

Which States Are Using Their TARP Funds? | Ben Hallman | Posted 07.27.2012 | Business

Long a national leader in keeping its populace caffeinated, Oregon can claim bragging rights in another category: spending federal dollars to help its...

Ben Hallman

In Sea Of Disappointing Housing Programs, Hardest Hit Fund Least Effective: New Report | Ben Hallman | Posted 07.25.2012 | Business

Most of the federal bailout money pledged through the Hardest Hit Fund, a program meant to help ailing homeowners in states especially battered by the...

Bailed-Out Banks Using Government Money To Pay Back Taxpayers

Reuters | Posted 09.23.2012 | Business

* 137 banks used other government program to repay bailout money * More than 200 bailed-out banks have missed dividend payments ...

Bailed-Out Bank Defrauded By Debt Collection Agency

The Huffington Post | Jillian Berman | Posted 05.16.2012 | Business

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

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

The Huffington Post | Alexander Eichler | Posted 05.02.2012 | Business

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 ...

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

Bloomberg View | Jonathan Weil | Posted 04.20.2012 | Business

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...

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

The Huffington Post | Jillian Berman | Posted 04.19.2012 | Business

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

Amanda Terkel

Treasury Tries To Bail Out Public Image Of Bailout | Amanda Terkel | Posted 04.13.2012 | Politics

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

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

Lloyd Chapman | Posted 03.05.2012 | Small Business
Lloyd Chapman

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.

Mortgage Modification Scammers On Notice As Federal Offices Announce Crack Down

The Huffington Post | Alexander Eichler | Posted 12.01.2011 | Business

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

Economists Call For Massive Debt Relief To Jumpstart Economy

Posted 12.03.2011 | Business

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

Alexander Eichler

Banks Left Bailout Program Early To Avoid Restrictions On Executive Pay: Report | Alexander Eichler | Posted 11.29.2011 | Business

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...

How America Saved Wall Street In Order To Sue It

Bloomberg | Jonathan Well | Posted 11.08.2011 | Business

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....

Jason Linkins

'Secret' Fed Loans Reveal Divide Between 'Wall Street Aristocracy' And Ordinary Americans | Jason Linkins | Posted 10.24.2011 | Politics

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...

Jason Linkins

This Day In TARP Triumphalism | Jason Linkins | Posted 10.18.2011 | Politics

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.

Tim Geithner: President Should Veto Any Legislation Weakening Financial Reform

Wall Street Journal | Timothy Geithner | Posted 09.19.2011 | Business

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