Wall Street Bailout

Wall Street to Obama: Thanks for Saving Our Jobs and Bonuses, Now F*** Off

Miles Mogulescu | Posted 05.18.2012

Read More: Wall Street Bailout, Dodd-Frank, Wall Street, Financial Reform, Wall Street Reform, Obama Financial Reform, Glass-Steagall, Campaign Contributions, Obama Reelection, 2012 Election, Elections 2012, Politics News

Now that President Obama's views on gay marriage have "evolved," it's time for his views on Wall Street to likewise "evolve" and for Obama to forcefully campaign to break the stranglehold of Too Big To Fail banks on the economy.

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The Bailout That Never Was

Dave Pederson | Posted 05.14.2012

Read More: Wall Street Bailout, Bank Bailout, Volcker Rule, Barack Obama, Subprime Mortgage Crisis, Economic Crisis, Bank Bailouts, New Deal, Citizen Bailout, Politics News

The bailouts only helped the banks, buried Americans further in debt they will never payoff, and froze economic growth.

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TARP Profit A Myth

The Huffington Post | Mark Gongloff | Posted 04.25.2012

Read More: Tarp, Wall Street Bailout, Tarp Profit, Bailout Watchdog, Banks, Christy Romero, Bank Bailout, Tarp Profit Myth, Sigtarp, Business News

Contrary to the Obama administration's claims, the bailouts of the financial and auto industries have not turned a profit for the U.S. government and ...

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Will Occupy Make a Comeback?

Tom Allon | Posted 04.23.2012

Read More: Wall Street Bailout, Occupy Movement, Glass-Steagall, Occupy Wall Street, Occupy Wall Street Movement, Occupy Wall Street Protest, Occupy Wall Street Comeback, New York News

I don't know about you, but I kind of miss the Occupy Wall Street movement of last fall and wonder whether the advent of warm weather will bring back this politically-charged protest.

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OccupyThisAlbum - 99 Artists on 99 Tracks for the 99%

Jerry Ashton | Posted 04.17.2012

Read More: Protest Songs, Wall Street Bailout, Bob Dylan, Joan Baez, Occupy Movement, Occupy Wall Street Movement, Occupy Wall Street Protest, Wall Street, Michael Moore, Occupy Wall Street Protests, Occupy Wall Street, Occupy, #Occupywallstreet, Wisconsin Protests, Ows, Culture News

Where are the songs for Occupy's time in history? Who will write the words and music and poetry? Will we find our voice? These questions have been answered in full and emphatically with OccupyThisAlbum.

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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...

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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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Are Bankers Capitalists?

Bruce Judson | Posted 05.01.2012

Read More: Banks, Jamie Dimon, JPMorgan Chase & Co, Bankers, Media, Dodd-Frank, Capitalism, Wall Street Bailout, Responsibility, Bank Bailout, Accountability, Business News

Wall Street, which should be the heart of American capitalism, has instead become the heart of a dysfunctional system that is destroying the nation's wealth.

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Bankers Shouldn't Worry About Drum Circles - But Some of 'Em Should Worry About Subpoenas

Richard (RJ) Eskow | Posted 04.30.2012

Read More: Fraud, JPMorgan Chase, Jamie Dimon, Scandal, U.S. Economy, Wall Street Bailout, Bailout, Wall Street, Economy, Great Recession, Occupy Wall Street, Banking, Banks, Financial Crisis, Bankers, Bank Bailout, Banksters, Recession, Politics News

JPMorgan Chase CEO Jamie Dimon recently said that he felt safer in Lebanon than when Occupy marched past his house. If nothing else, it proves Wall Street bankers haven't gotten any better at risk management than when their bad bets crashed the economy and caused the Great Recession.

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Mitt Romney Defends 2008 Stance To 'Let Detroit Go Bankrupt'

HuffingtonPost.com | Dave Jamieson | Posted 02.22.2012

Read More: Arizona Debate, Wall Street Bailout, GOP Debate, Financial Bailout, Rick Santorum, Mitt Romney, Elections 2012, Republican Debate, GOP Candidates, Auto Bailout, Video, Wall Street, 2012 Election, Gop, Financial Crisis, Auto Industry, Politics News

WASHINGTON -- Speaking at the Arizona GOP debate less than a week before the Michigan primary, Mitt Romney defended the stance he took in 2008 against...

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Let's Make a Deal: The Bail-Out of Wall Street in Unusual and Exigent Circumstances

L. Randall Wray | Posted 04.17.2012

Read More: Treasury Department, Wall Street Bailout, Bailout, Federal Reserve, Fed, Banking, Financial Crisis, Banks, Global Financial Crisis, Timothy Geithner, Bank Bailout, Banksters, Business News

There is little doubt that the global financial crisis posed "unusual and exigent" circumstances that had to be met with a huge response by the Fed (and Treasury). It is not clear, however, that the response actually mounted was legal. It was certainly not transparent.

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Where Is Jamie Dimon When You Need Him?

Dennis M. Kelleher | Posted 04.17.2012

Read More: Dodd-Frank Act, Wall Street Bailout, Dodd-Frank, United Kingdom, Financial Reform, Wall Street Reform, Jamie Dimon, Taxpayers, Paul Volcker, Volcker Rule, Rulemaking, Canada, Goldman Sachs, Proprietary Trading, Greece, Bailout, Treasury, Financial Crisis, Banker Bonuses, Simon Johnson, Wall Street Bonuses, Financial Regulation, Derivatives, Loopholes, JP Morgan, Wall Street Crisis, Wall Street, Greece Debt Crisis, Japan, Anti-American, Better Markets, 2008-Crisis, Banking, Banks, Business News

Now, when there are some very real and very serious anti-American actions being asked for, Dimon is strangely silent. Could it be because the current anti-American requests coincide with his claims against financial reform? Of course it is.

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More Unconscionable Wall Street Whining

Dennis M. Kelleher | Posted 04.09.2012

Read More: Wall Street Bailout, Poverty, Financial Reform, Middle Class, Wall Streeet, Obama, Recession, Austerity, Campaign Finance, Middle-Class Squeeze, Campaign Finance Reform, Occupy Wall Street, Financial Crisis, Obama Fundraising, Fundraising, Wall Street Bonuses, Financial Regulation, Business News

Ignoring all evidence and facts, Wall Street is reported to be "an industry that the White House has thoroughly and repeatedly demonized and demoralized" -- what?

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Fictional Davos Discussion Between Tim Geithner and China's He Yafei

Howard Steven Friedman | Posted 04.03.2012

Read More: General Electric, Wall Street Bailout, Trade Imbalance, Davos, Bank of America, Davos 2012, Aig, Fannie Mae, Free Trade, Manufacturing, United States, Cheap Labor, China Currency, Capitalism, Jeff Immelt, American Manufacturing, Manufacturing Jobs, Currency Manipulation, Freddie Mac, Bailout, Tim Geithner, State Capitalism, Quantitative Easing, Bear Stearns, China, Citigroup, World Economic Forum, Thomas Friedman, The World Is Flat, World News

The following conversation did not take place... but wouldn't it have been interesting if it did? Geithner: Glad I found you. We really need to talk...

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Taxpayers Still Owed Hundreds Of Billions From Bailout

AP | MARCY GORDON and DANIEL WAGNER | Posted 03.27.2012

Read More: 2008 Bailout, Auto Bailout, Video, Wall Street Bailout, Bailout, Occupy Wall Street, Business News, Bank Bailout, Taxpayers, Bailout Taxpayers, Business News

WASHINGTON — Companies that were bailed out during the financial crisis still owe U.S. taxpayers nearly $133 billion. Treasury's plans to recoup...

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Big Bank CEO: Anti-Banking Sentiment 'A Form Of Discrimination'

The Huffington Post | Alexander Eichler | Posted 01.25.2012

Read More: Tarp, Financial Industry, Wall Street Bailout, Income Inequality, Federal Reserve, Jamie Dimon, Big Banks, Fox Business Network, Barack Obama, JPMorgan Chase, Wall Street, Bailout, Charlie Gasparino, Jpmorgan, Occupy Wall Street, Financial Regulation, Jamie Dimon JP Morgan, Video, Business News

Jamie Dimon, the head of JPMorgan Chase, would like to make it clear that he is not that kind of banker. "I've disagreed right from the beginning o...

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Why Does Wall Street Make So Much Money?

HuffingtonPost.com | Alexander Eichler | Posted 01.21.2012

Read More: U.S. Economy, Bill Clinton, Wall Street Tax, Financial Industry, Wall Street Bailout, Ronald Reagan, Financial Services, Financial Sector, Income Inequality, Wells Fargo, George W. Bush, Big Banks, Barack Obama, Wall Street Compensation, JPMorgan Chase, Goldman Sachs, Wall Street, Occupy Wall Street, Financial Crisis, Wall Street Bonuses, Wall Street Pay, Michael Mayo, Glass-Steagall, Video, Business News

Payouts declined on Wall Street this year, as the major financial firms tried to steer through several quarters of lawsuits, layoffs, jittery markets,...

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Bloomberg Releases Most Detailed Description Yet Of Federal Reserve Emergency Loans

HuffingtonPost.com | Alexander Eichler | Posted 12.23.2011

Read More: Fed Emergency Lending, Wall Street Bailout, Wall Street, Bailout, Fed Emergency Loans, Federal Reserve, Federal Reserve Lending, Financial Crisis, Federal Reserve Loans, Bloomberg News, Big Banks, Emergency Loans, Video, Business News

Add up the emergency loans the Federal Reserve distributed to banks between 2007 and 2009 -- when the American economy lurched closer to collapse than...

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Bankers Still Whining About That Whole 1 Percent Thing, Would Like Everyone To Stop Picking On Them

HuffingtonPost.com | Jason Linkins | Posted 02.19.2012

Read More: Eat the Press, Tarp, Whining, Wall Street Bailout, Bailout, Financial Crisis, Financial Services Industry, Bankers, Sob-Story, Business News

According to Bloomberg today, what the major banks and the gentlemen who run them want for Christmas is for everyone to stop persecuting them with all this talk of "the 1 percent," and to stop reminding them of the fact that they've profited while the rest of the country has suffered through an epic crisis of unemployment and home foreclosures as a direct result of their cosmic incompetence. They're quite sick of it, and they want it to stop! So they whined at length to a Bloomberg reporter and, as Choire Sicha characterizes the end result, "It's an incredibly hot, defensive mess up in there."

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Perry Calls Significant Legislation 'Theft'

AP | PHILIP ELLIOTT | Posted 02.18.2012

Read More: Iowa Caucus, Perry Wall Street Bailout, Wall Street Bailout, Video, Perry, Perry Wall Street, Rick Perry 2012, Elections 2012, Rick Perry Bailout, Iowa Caucus 2012, Rick Perry, Perry Bailout, Politics News

MANCHESTER, Iowa — Seeking a late surge, Texas Gov. Rick Perry sought Monday to tar GOP presidential rivals Newt Gingrich and Mitt Romney for su...

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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

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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Financial Sector A Bigger Share Of Economy Now Than Before The Crisis

The Huffington Post | Alexander Eichler | Posted 12.15.2011

Read More: Financial Industry, U.S. Economy, Treasury Department, Video, Wall Street Bailout, Wall Street Profits, Gdp, Bailout, Profits, Wall Street, Financial Sector, Financial Reform, Occupy Wall Street, Financial Crisis, Federal Reserve, Financial Lobby, Tea Party, Financial Regulation, Business News

The financial industry may have taken a hit during the Great Recession. But relative to the overall economy, it's bigger now than it was before Lehman...

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Bernanke's Obfuscation Continues: The Fed's $29 Trillion Bail-Out Of Wall Street

L. Randall Wray | Posted 02.13.2012

Read More: Wall Street Bailout, Wall Street, Bailout, Banking, Federal Reserve, Financial Crisis, Ben Bernanke, Global Financial Crisis, Business News

The Fed's bail-out was not $1.2 trillion, $7.77 trillion, $16 trillion, or even $24 trillion. It was $29 trillion. That is, of course, the cumulative total. But even the peak outstanding numbers are bigger than previously reported.

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Citigroup's CEO's Monster Pay Package While Cutting Jobs. America's New Capitalism

Raymond J. Learsy | Posted 02.11.2012

Read More: Vikram Pandit, Banks, Financial Crisis, Wall Street Bailout, Wall Street, Capitalism, Executive Compensation, Tarp, Citigroup, Business News

Wall Street banks in general are laying off more and more people given the headwinds of the financial sector. But that is the point. How many of the laid off could have been kept on the payroll with just a portion of Citigroup CEO Vikram Pandit's paycheck?

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