Bailout

Bailouts and Bazookas

Michael Pento | Posted 07.25.2008 | Business

Read More: Fannie Mae Bailout, Government Bailout, Freddie Mac, Bailout, Afghanistan, Federal Reserve, Business News
Michael Pento

Even those who espouse free market capitalism will try to abrogate the system for personal gain. And now Republicans want to extend the powers of the Fed and Treasury to bail out failing companies.

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Fannie, Freddie Bailout Could Cost Taxpayers $25 Billion

New York Times | David M. Herszenhorn | Posted 07.22.2008 | Business

Read More: Government Bailout, Freddie Mac, Bailout, Henry Paulson, Fannie Mae, Banking Crisis, Bailout Cost, Lending Crisis, Loan Bailout, Mortgage Crisis, Business News

WASHINGTON -- The proposed government rescue of the nation's two mortgage finance giants will appear on the federal budget as a $25 billion cost to ta...

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Secretary Paulson's New Gig: Fannie And Freddie PR Man

New York Times | Stephen Labaton | Posted 07.22.2008 | Business

Read More: Fannie May, Fannie Mae Bailout, Government Bailout, Freddie Mac, Freddie Mac Bailout, Bailout, Henry Paulson, Fannie Mae, Freddy Mac, Business News

Bank examiners from the Federal Reserve and the Comptroller of the Currency are inspecting the books of the nation's two largest mortgage finance comp...

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Fannie's Lesson: The Real Scandals Are Legal

Dick Meyer | Posted 07.17.2008 | Business

Read More: Walter Mondale, Corruption, Fannie Mae Bailout, Bailout, Lobbyists, Fannie Mae, Government Sponsored Entities, Fannie Mae Freddie Mac Bailout, Fannie Mae Freddie Mac Lobbying, Business News
Dick Meyer

The government is putting taxpayer funds at risk to stabilize Fannie Mae -- another episode in a long-running legal scandal. There are no hookers, embezzlers and slush funds. Just laws, lobbyists and pay packages.

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Reverse Robin Hood: Stealing From the Poor to Give to the Rich

Martin Bosworth | Posted 07.17.2008 | Business

Read More: Reagan, Lazard, Debt, John McCain, Assisted Living, Bailout, Bruce Wasserstein, Atria, Economy, Crisis, Failure, Foreclosure, Elder Care, Business News
Martin Bosworth

For true capitalism to work, there has to be a balance of free enterprise and accountable oversight. Everyone should be able to start at the same line and run the race according to their own skill and strength.

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Fannie Mae and Freddie Mac in Layman's Terms

Vince Farrell | Posted 07.14.2008 | Business

Read More: Lending Crisis, Henry Paulson, Fannie Mae, Freddie Mac, Bailout, Mortgage Crisis, Business News
Vince Farrell

To oversimplify it, the companies have too little capital to handle the growing number of troubled mortgages they either own or guarantee. Not to minimize anything but there are solutions and "This too shall pass."

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About Paulson's Statement

David Kotok | Posted 07.14.2008 | Business

Read More: Fannie Mae, Henry Paulson, Freddie Mac, Bailout, Treasury Secretary, Business News
David Kotok

Okay, taxpayer, you are about to become a shareholder in Freddie and Fannie with your voting rights in the hands of the Bush Administration.

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Government Not Expected To Bail Out More Companies

AP | JOE BEL BRUNO and STEPHEN BERNARD | Posted 07.14.2008 | Business

Read More: Henry Paulson, Secretary of the Treasury, Bailout, Government Bailout, Freddie Mac, Fannie Mae, Fannie May, Fanny May, Mortgage Crisis, Lending Crisis, Business News

NEW YORK — The U.S. government is signaling it won't throw a lifeline to struggling financial companies _ except for mortgage linchpins Fannie M...

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The Debate Over Our Checkbooks: Our Livelihoods and Our Liberty

Heath Calvert | Posted 04.17.2008 | Politics

Read More: Presidential, Politics, Bailout, Federal Reserve, Economy, Banking, Debates, Wall Street, Politics News
Heath Calvert

Oh man, wasn't last week's National Enquirer Presidential Debate phenomenal? We talked about all the important issues. Talked, again, about Hillary (...

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Funny Money

David McWilliams | Posted 04.02.2008 | Business

Read More: US Economy, Bush Economy, U.S. Economy, Bear Stearns and JPMorgan Chase, Hank Paulson, Wall Street, Bailout, Bear Stearns Bailout, Economy, Subprime Bailout, Recession Fears, Henry Paulson, Bear Stearns Collapse, Bear Stearns, Recession, Business News
David McWilliams

Paulson's ideas are nothing short of a reverse "Robin Hood" scenario where the poor are being robbed to pay for the rich, so that the rich need not pay for their own mistakes.

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The Beggar's Banquet

Neil Grossman | Posted 04.02.2008 | Business

Read More: Wall Street, Bailout, Monetary Policy, Irreverent, Business News
Neil Grossman

One of the factors, according to Bernanke, in deciding to "rescue" Bear Stearns was the possibility that they might file Chapter 11. Because of this, I am thinking of filing Chapter 11 too.

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The Global Impact of the Subprime Crisis

Alec Baldwin | Posted 03.27.2008 | Business

Read More: Layoffs, Investment Banks, Bear Stears, U.S. Economy, JP Morgan, Subprime Mortgages, Bear Stearns Bailout, Subprime Mortgage Crisis, Factory Workers, Governments, Subprime Loans, Bailout, Economy, Business News
Alec Baldwin

Is it now true that the only way the US can maintain its standard of living is by exporting bogus wars and bad debt to foreign countries?

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More Government Bailouts May Be on Way

AP | TOM RAUM | Posted 03.27.2008 | Business

Read More: Layoffs, Bear Stears, Investment Banks, U.S. Economy, JP Morgan, Bear Stearns Bailout, Factory Workers, Governments, Bailout, Economy, Business News

WASHINGTON — The economy is listing. So it must be time to bail. While there is little enthusiasm for government bailouts in general, voters ar...

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Bear Stearns Bailout Paves Way For $1+ Trillion U.S. Homeowner Rescue Plan

Henry Blodget | Posted 03.24.2008 | Business

Read More: US Economy, Bush Economy, U.S. Economy, Bear Stearns and JPMorgan Chase, Bailout, Bear Stearns Bailout, Bear Stearns Buyout, Economy, Henry Paulson, Ben Bernanke, Bear Stearns, Bear Stearns Collapse, Business News
Henry Blodget

Get ready for the Fed's next great taxpayer-funded bailout, which is now almost guaranteed: The $1+ Trillion U.S. Homeowner Rescue Plan.

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Terrorists On Wall Street

Harry Fuller | Posted 03.19.2008 | Business

Read More: George Bush, Financial Gurus, U.S. Economy, Sec, Finance, Fraud, Bonuses, Society Security, 401ks, S&L, Federal Reserve, Hedge Funds, Bailout, Regulation, 401(K), Harvard Business School, MBAs, Financial Corporations, Financial Bonuses, Federal Money Brokers, Bear Stearns, Bankruptcy, Brokerages, Business News
Harry Fuller

This is the latest in terror tactics: give me money or I blow my corporation up. The U.S. hasn't been this pathetic since Katrina.

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What Happened to the Bootstraps?

Cenk Uygur | Posted 03.18.2008 | Business

Read More: Laissez-Faire, Federal Reserve, Bear Stearns, Welfare Reform, Bear Stearns Purhcase, Bear Stearns and JPMorgan Chase, Bear Stearns Bailout, Bailout, Economy, Bear Stearns Buyout, Financial Crisis, Bear Stearns Collapse, Business News
Cenk Uygur

If the government is going to bail you out, then the government should be regulating you to make sure you're not going to need a bailout.

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Bush Vows to Help Subprime Victims, Save the Suburbs: When Is a Non-Bailout Really a Bailout, and Why It's a Joke

Danny Schechter | Posted 09.02.2007 | Business

Read More: Foreclosure, Markets, Subprime, Bailout, Economy, Investment Banking, Business News
Danny Schechter

Last Friday, the president announced some modest, mild, limited intervention -- all terms used in the press -- to put a band aid on this subprime cancer, and whatever you do, don't call it a bail-out.

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