Bailout Package

Next! Six More Banks Get TARP Funds

BailoutSleuth | Chris Carey on February 2, 2009 8:15 PM | Posted 03.05.2009 | Business


Six more banks -- four of them in California -- have announced their approval for the Treasury Department's $700 billion Troubled Asset Relief Program...

Stocks surge higher; credit worries persist

AP | JOE BEL BRUNO and TIM PARADIS | Posted 10.31.2008 | Business


NEW YORK — Wall Street snapped back Tuesday after its biggest sell-off in years amid growing expectations that lawmakers will salvage a $700 bil...

Bailout Fails In The House

AP | JULIE HIRSCHFELD DAVIS | Posted 10.30.2008 | Politics


WASHINGTON — In a vote that shook the government, Wall Street and markets around the world, the House on Monday defeated a $700 billion emergenc...

Jed Lewison

Krugman Offers Lukewarm Support For Plan, Rips "Frightening" McCain

HuffingtonPost.com | Jed Lewison | Posted 10.29.2008 | Politics


Update (11:42PM): Krugman offers lukewarm support for the plan in his new column, but warns that the plan isn't going to fix all our financial problem...

Did John McCain Help Main Street in the Bailout Bill? hmm, Not So Much

Hilary Rosen | Posted 10.29.2008 | Politics


Hilary Rosen

Democratic negotiators were being held hostage by the House Republicans led by John McCain, so their options were limited in how much they could get done.

Bailout Bill: Full Text Of Plan

The Huffington Post | Posted 10.29.2008 | Business


Read below for the full text of the compromise bailout legislation agreed to on Sunday afternoon. Click on "full screen" to see a larger version. For...

House rejects $700B bailout in stunning defeat

AP | JULIE HIRSCHFELD DAVIS | Posted 10.28.2008 | Business


WASHINGTON — In a vote that shook the government, Wall Street and markets around the world, the House on Monday defeated a $700 billion emergenc...

New York Times: "A Day Of Political Theatre" As Congress Reaches General Bailout Deal

NY Times | DAVID M. HERSZENHORN | Posted 10.26.2008 | Politics


House and Senate negotiators from both parties said Thursday that they had reached general agreement to move forward with the administration's propose...

Bailout deal breaks down; Paulson back to Capitol

AP | JENNIFER LOVEN and JULIE HIRSCHFELD DAVIS | Posted 10.26.2008 | Politics


WASHINGTON — A Republican rebellion stalled government efforts Thursday to avoid economic meltdown, a chaotic turnaround that disrupted the chor...

Sackcloth and Ashes on Wall Street

Jim Wallis | Posted 10.23.2008 | Politics


Jim Wallis

The proposed bailout of Wall Street gives unprecedented power to one man -- Henry Paulson -- including any action deemed necessary, with no review, and a report to Congress only every six months.

Sam Stein

Dems Push Back On White House, Paulson

HuffingtonPost.com | Sam Stein | Posted 10.23.2008 | Politics


It appears that Democratic Party leaders are prepared to call the Bush administration's bluff when it comes to the extent and purpose of the proposed ...

Bailout Package: Congress Promises Quick Action

AP | TOM RAUM and JEANNINE AVERSA | Posted 10.20.2008 | Business


WASHINGTON — Struggling to stave off financial catastrophe, the Bush administration on Friday laid out a radical bailout plan with a jawdropping...