Bailout Cost

Bailout Cost: Government Prepared To Lend More Than $7.4 Trillion To Ease Credit

Bloomberg | Posted 12.25.2008 | Business


The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the natio...

Fifty Chimpanzees or One Toothless Gorilla

Deborah Senn | Posted 10.24.2008 | Business


Deborah Senn

AIG's financial meltdown this past week was not the result of failed insurance regulation. (Go ahead. Read that one more time, real slow.)

Calling Paulson's Bluff

Robert Kuttner | Posted 10.22.2008 | Business


Robert Kuttner

Paulson spent the past two weeks playing a game of chicken with firms like Lehman Brothers and AIG. Now he is playing even higher-stakes chicken with Congress and the economy.

Fannie, Freddie Bailout Could Cost Taxpayers $25 Billion

New York Times | David M. Herszenhorn | Posted 07.30.2008 | Business


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...