Bank Bailout

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Ten Banks Get Approval To Repay TARP

Bloomberg News | Posted 07.09.2009 | Business

Read More: Goldman Repay TARP, Bailout, Repay TARP, Bank Bailout, Chase Repay TARP, Goldman TARP, Chase Bailout, Tarp, Goldman Bailout, Business News

The Treasury is preparing to announce tomorrow it will let 10 banks buy back government shares, people familiar with the matter said, signaling confid...

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Wall Street Pay: Obama's Changes Set To Be Announced

nytimes.com | LOUISE STORY and ERIC DASH | Posted 07.09.2009 | Business

Read More: Tarp, Wall Street, Troubled Asset Relief Program, Banking Crisis, Obama Bailout, Bank Bailout, Executive Compensation, Business News

The Obama administration plans to require banks and corporations that have received two rounds of federal bailouts to submit any major executive pay c...

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U.S. Will Let Some Banks Repay Aid: Chase, Goldman, Amex Expect To Be On List

Washington Post | Binyamin Appelbaum and David Cho | Posted 07.08.2009 | Business

Read More: Bank TARP, Chase Goldman Amex, Chase TARP, Amex TARP, Banks Repay Aid, Goldman TARP, Bank Bailout, Business News

The Obama administration plans to announce as soon as today that some of the nation's largest banks can repay billions in federal aid, but some offici...

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Bank Lobby Already Winning Battles

nytimes.com | STEPHEN LABATON | Posted 07.06.2009 | Business

Read More: Richard Durbin, Bank of America, Banks, Banking Crisis, Bank Bailout, American Bankers Association, Business News

As Congressional Democrats and the White House crow about multiple victories over the financial industry, including new rules for credit card issuers,...

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How The Banks Plotted To Fight Off Regulatory Overhaul

New York Times | GRETCHEN MORGENSON and DON VAN NATTA Jr. | Posted 07.01.2009 | Business

Read More: Edward J. Rosen, Bailout, Regulatory Overhaul, Edward Rosen, Bank Regulation, Bank Lobbying, Bank Bailout, CDS Dealers Consortium, Business News

As the financial crisis entered one of its darkest phases in October, a handful of the nation's largest banks began holding daily telephone sessions. ...

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Bad Bank Loans Hit Record High

nytimes.com | FLOYD NORRIS | Posted 06.29.2009 | Business

Read More: Fdic, Bank Loans, Federal Deposit Insurance Corp, Banking Regulation, Banking Crisis, Bank Bailout, Business News

Overall loan quality at American banks is the worst in at least a quarter century, and the quality of loans is deteriorating at the fastest pace ever,...

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Lesson Learned

Sen. Fritz Hollings | Posted 06.29.2009 | Politics

Read More: Investment Banks, Timothy Geithner, Offshoring, Bank Bailout, Trade, Nafta, Politics News

We're bailing out the economy boat desperately with stimulation, but the financial leadership opposes plugging the hole in the hull from offshoring.

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Dick Parsons, Citigroup Chairman, Has Love Child With MacDella Cooper

nydailynews.com | George Rush | Posted 06.22.2009 | Business

Read More: Dick Parsons Divorce, New York, MacDella Cooper Foundation, Citigroup Chairman, Dick Parsons, MacDella Cooper, Richard Parsons, Bank Bailout, Citigroup, Business News

Parsons and model-philanthropist MacDella Cooper are the parents of a baby girl named Ella. The 61-year-old former Time Warner chairman said only: ...

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BofA Wants To Repay $45 Billion By End Of Year

ft.com | Patrick Jenkins, Greg Farrell and Francesco Guerrera | Posted 06.21.2009 | Business

Read More: Bank of America, Wall Street Bailout, Bailout, $45 Billion, Ken Lewis, Troubled Asset Relief Program, Bofa, Financial Crisis, Banking Crisis, Bank Bailout, Tarp, Business News

Bank of America wants to pay back $45bn in bail-out funds by the end of the year, in a faster-than-expected move made possible by an accelerated progr...

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Community Banks Lumped In With Big Players, Forced To Pay High Premiums

washingtonpost.com | Steven Pearlstein | Posted 06.13.2009 | Business

Read More: Banking Bailout, Community Banks, Banking, Banks, Banking Crisis, Bank Bailout, Banking Industry, Regional Banks, Business News

We're hearing a lot these days from well-run regional and community banks that feel that they are being punished for the mistakes of the Citigroups an...

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NY Mag Suggests A Post-Stress Test Checklist

HuffingtonPost.com | Jason Linkins | Posted 06.08.2009 | Media

Read More: Stress Tests, Nouriel Roubini, David Brooks, Bank Stress Tests, Banking Crisis, Banks, Financial Crisis, Nassim Taleb, New York Times, Timothy Geithner, Paul Krugman, Bank Bailout, Media News

I have got to tell you all, I am LOVING THESE STRESS TESTS. For real. Who'd have thought that you could have a test in which the testees could negot...

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Six Steps To Dis-Empowering Wall Street

Mike Lux | Posted 06.06.2009 | Business

Read More: Banks, Banking Lobbyists, Bank Bailout, Lobbying, Dick Durbin, Business News

It's time for us to declare the big banks politically and morally insolvent, and foreclose on their ownership of DC. The question is how to do it.

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Banks Prevailing In Tug Of War Over Stress Test Results

New York Times | Posted 06.03.2009 | Business

Read More: Bailout, Bank Stress Test Results, Bank Stress Tests, Tug of War, Banks Winning Stress Tests, Bank Bailout, Stress Test Results, Business News

Informed debate is a crucial part of public policy development. But the behind-the-scenes tug of war between banks and the government over the results...

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Swedish Bank Export Scoffs At US Bank Bailout Plan

USA Today | David J. Lynch | Posted 05.31.2009 | Business

Read More: Wall Street Bailout, Anders Borg, Bailout, Bank Bailout Failure, Bank Bailouts, Swedish Finance Minister Borg, Geithner Bank Bailout Failure, Bank Bailout, Business News

WASHINGTON -- The acknowledged masters of bank rescues say the Obama administration plan for saving the U.S. banking industry may be doomed. ...

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Stand by Your Word, Mr. President: End "Don't Ask, Don't Tell"

Aubrey Sarvis | Posted 05.28.2009 | Politics

Firing 50 men and women who are fluent in Arabic solely because they are gay when we are fighting in the Arabic-speaking world? The mind boggles.

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Stress Tests Show At Least One Bank Would Need More Capital

CNBC | Albert Bozzo | Posted 05.26.2009 | Business

Read More: Stress Tests, Economy, Stress Tests Bank Capital, Treasury Department Stress Tests, Financial Crisis, Bank Bailout, Tim Geithner, Business News

One of the 19 financial institutions that received a government stress test would require additional capital, based on the initial findings, according...

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Credit Card Summit: "Charge!"

Rick Horowitz | Posted 05.25.2009 | Business

Read More: American Express, Obama and Credit Cards, Bank of America, Credit Cards, Visa, Barney Frank, Bank and Credit Cards, Citibank, House of Representatives and Credit Cards, Bank Bailout, Mastercard, Barack Obama, House Financial Services Committee, Obama Administration, Business News

Wasn't the government shoveling billions of dollars at these very same banks to help them? And to pick this moment to stick it to the people with higher interest rates, and lower credit limits, and hidden fees?

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Interfluidity: Control Without Accountability

interfluidity.com | Steve Randy Waldman | Posted 05.25.2009 | Business

Read More: Analysis of Bank Bailout, Bank Bailout, Bank Bailouts, Geithner Bank Bailout, Business News

It's not exactly right to say that our don't-ask-don't-tell quasinationalization policy has given us "ownership but not control". An assertive Treasur...

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Finance leaders want cooperation to end recession

AP | JEANNINE AVERSA | Posted 05.25.2009 | Business

Read More: Geithner, Timothy Geithner Treasury Secretary, Geithner Plan, Tim Geithner, Geithner Bailout, Banking Crisis, Banks, Timothy Geithner, Bank Bailout, Business News

WASHINGTON — Finance officials from the world's top economic powers pledged Friday to move swiftly on efforts to lift nations out of the worst r...

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First Criminal Charges In Bank Bailout

AP | KRISTIN M. HALL | Posted 05.23.2009 | Business

Read More: Bank Bailout, Criminal Charges Bailout, Business News

NASHVILLE, Tenn. — A former financial adviser in Tennessee will plead guilty to criminal charges in the first fraud case related to the federal ...

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Farting Permitted, Politics Prohibited? Does Apple Have a Problem with Political Games?

William Volk | Posted 05.16.2009 | Media

Read More: Iphone, Games, Bailout Outrage, Wall Street Bailout, AIG Bailout, Aig, Bank Bailout, Video Games, Apple, iPhone Applications, Media News

On the web games pop up based on current events in days. It would be a shame if that wasn't possible on the iPhone.

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The Battle With The Banks: A Time to Speak Out

Danny Schechter | Posted 05.16.2009 | Business

Read More: Larry Summers, Paul Krugman, Bank Bailout, Banks, Lehman Brothers, Economic Crisis, Banking Crisis, Business News

If anything, this seems the time to get the pitchforks going, to intensify the pressure, to make noise and press for change.

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Trust but Organize

Mike Lux | Posted 05.15.2009 | Politics

Read More: Banking Crisis, Trust, Democrats, Bank Bailout, Economy, Barack Obama, Progressives, Politics News

I have no doubt whatsoever that Obama wants to do right by the American people, but if progressives believe he is wrong on something important, we should still speak out and still organize.

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Obama's Loyal Opposition

Robert Kuttner | Posted 05.13.2009 | Politics

Read More: Obama's Vietnam, Economy, Loyal Opposition, 100 Days, Financial Crisis, Bank Bailout, Barack Obama, Charles Schumer, Politics News

Progressives now find themselves in an awkward position of simultaneously wishing Barack Obama well, but feeling dismayed by his policies on some key issues.

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Showdown Seen Between Obama Administration And Banks

New York Times | STEPHEN LABATON and EDMUND L. ANDREWS | Posted 05.12.2009 | Business

Read More: Obama Administration, Banks, Wall Street, Bank Bailout, Banking Industry, Barack Obama, Business News

As the Obama administration completes its examinations of the nation's largest banks, industry executives are bracing for fights with the government o...

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