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Bank Bailouts

Barney Frank Clashes With Ed Schultz Over Bank Bonuses: "Don't Condescend To Me" (VIDEO)

Huffington Post | Nicholas Graham | Posted 11.09.2009 | Business

Read More: Video, Bailout Bandits, Bank Bailouts, Ed Schultz, Financial Crisis, Barney Frank Ed Show, The Ed Show, Bank Bonuses, Wall Street, Barney Frank, Business News

MSNBC's Ed Schultz and Congressman Barney Frank (D-Ma.) clashed tonight over Congress's response, or lack of response, to the news that JPMorgan, Gold...

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Spitzer: "We're Sowing The Seeds For A Future Crisis" (VIDEO)

Posted 11.16.2009 | Business

Read More: Bank Bailouts, Morning Meeting, Financial Crisis, Dylan Ratigan, Eliot Spitzer, Eliot Spitzer Video, Eliot Spitzer Morning Meeting, Business News

Former New York Governor Eliot Spitzer was on MSNBC's "Morning Meeting" today and expressed his fear that we're "sowing the seeds of a future crisis" ...

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Arianna Discusses Wall Street's Failure to Learn From Its Mistakes on Morning Meeting (VIDEO)

Huff TV | Posted 11.14.2009 | Business

Read More: Video, Lehman Brothers, Bank Bailouts, Financial Crisis, Arianna, Dylan Ratigan, Arianna Video, Morning Meeting, Business News
Huff TV

Arianna appeared on Dylan Ratigan's MSNBC show "Morning Meeting" today to discuss the one-year anniversary of the fall of Lehman Brothers and the begi...

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Eliot Spitzer: 'We Are Not Doing Well In Reforming Financial System' (VIDEO)

Posted 11.14.2009 | Business

Read More: Video, Bank Bailouts, Eliot Spitzer Video, Lehman Brothers, Eliot Spitzer, Financial Crisis, Business News

Former New York Governor Eliot Spitzer gave an interview to CBS' "The Early Show" this morning to mark the one-year anniversary of the collapse of Leh...

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Wall Street Journal: One Year Later, Lessons For Investors From The Financial Crisis

Wall Street Journal | GREGORY ZUCKERMAN | Posted 09.30.2009 | Business

Read More: Lessons From the Financial Crisis, Financial Crisis, Economic Crisis, Bank Bailouts, Economy, Recession, Business News

Today, the Dow Jones Industrial Average stands roughly 2000 points below where it was on this end-of-summer weekend one year ago. No one knew then, of...

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Today Is the Day to Cut Up Your Credit Cards

Don McNay | Posted 09.24.2009 | Business

Read More: Household Finance, Main Street and Wall Street, Chartered Financial Consultant, Banking Collapse, Bailouts, Card Balance, Cnbc, Maria Bartiromo, Injured People, Steve Wynn, Lexington KY, Lottery Winners, Second Mortgages, McNay Settlement Group, Trial Lawyers, Son of a Gambler, Big Brother, Consumer Loans, Gretchen Peters, Bookmaking, Furniture Loans, Andrew Kahr, Mgm, Joe Nocera, MGM Mirage, New York, Fox Business News, Las Vegas, Clu, Dave Ramsey, Louisville, Million Dollar Round Table, India, Credit Card, Sports Betting, A Piece of the Action, Lake Tahoe, Small Business, Credit Card Data, Certified Structured Settlement Consultant, Main Street, Federal Reserve, South Dakota, Bank Products, Christina Binkley, Cincinnati, Betting, Financial Crisis, American College, Personal Finance, Casinos, Msfs, Structured Settlement, Pay Off the Balance, Chfc, Federal Reserve Study of Consumer Finance, Car Loans, Kentucky, Don McNay, Chartered LIfe Underwriter, First Deposit Corporation, Reno, Structured Settlements, Business Books, Cnn, Credit Cards, Subprime Mortgages, Small Town Banks, Vanderbilt University, Bank Bailouts, New York Banks, Eastern Kentucky University, Fox News, New York Times, Harrah's, New York Times Columnists, Cssc, Richmond Ky, Odds Makers, Too Big to Fail, Winner Takes All, Harrahs, Providian, Business News
Don McNay

When three people who know about money go to the extreme of not owning any credit cards, others might want to take note.

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Dr. Obama, Please Listen to your Patient

Joan E. Dowlin | Posted 09.08.2009 | Politics

Read More: Bank Bailouts, Politicians, President Obama, Health Care Reform, Taxpayers, Tea Party, Stimulus, Barack Obama, Politics News
Joan E. Dowlin

We need time to give the Recovery plan a chance to work. Allow us to heal before tackling such a complex issue as health care. There's time for that later.

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TARP Watchdog Raids 2 Banks

CNN | Jennifer Liberto | Posted 09.03.2009 | Business

Read More: Tarp, Bank Bailouts, Economy, TARP Watchdog, Financial Crisis, Taylor Bean and Whitaker, Tarp Watchdog Raids Banks, Colonial Bank, Business News

Federal agents in Florida on Monday raided two banks that last week scuttled a deal that would have qualified one of them for federal bailout funds. ...

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Fannie Mae, Freddie Mac Unlikely To Return Bailout Money

Washington Post | Zachary A. Goldfarb | Posted 08.31.2009 | Business

Read More: Freddie Mac, Finance, Bank Bailouts, Economy, Fannie Mae, Bailouts, Business News

The regulator of Fannie Mae and Freddie Mac said it was unlikely that the federal government would ever be paid back the entire $85 billion spent so f...

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NPR, the IMF, and the Global Savings Glut

Dean Baker | Posted 07.17.2009 | Business

Read More: IMF Bailout, Bank Bailouts, Economic Crisis, Npr, Eastern Europe, Business News
Dean Baker

NPR is turning history on its head in telling listeners that more support for the IMF is the solution.

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Julie Satow

The FDIC To Start Dumping Toxic Assets, Banks Could Feel The Pain

HuffingtonPost.com | Julie Satow | Posted 07.12.2009 | Business

Read More: Toxic Assets, Geithner, Fdic, Sheila Bair, Bank Bailouts, Tim Geithner, Ppip, Business News

Contrary to popular belief, the Public-Private Investment Program, a centerpiece of the government's strategy to rescue the nation's banks, is not dea...

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Lawsuit Accuses Wells Fargo Of Steering Blacks To Subprime Mortgages

New York Times | MICHAEL POWELL | Posted 07.07.2009 | Business

Read More: Subprime Mortgages, Bank Bailouts, Financial Crisis, Wells Fargo Subprime Mortgages, Banking Crisis, Wells Fargo, Business News

As she describes it, Beth Jacobson and her fellow loan officers at Wells Fargo Bank "rode the stagecoach from hell" for a decade, systematically singl...

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Zombie Banks Still Walk Among Us: CNN

CNN | David Ellis | Posted 06.25.2009 | Business

Read More: Fdic, Bank Bailouts, Economy, Financial Crisis, Zombie Banks, Wall Street, Tim Geithner, Business News

Small banks facing severe loan losses and in need of capital continue to operate, indicating a reluctance on behalf of regulators to shut them down....

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Paulson's Lament: Lehman Brothers Stole My Reputation

Newsweek | Evan Thomas and Michael Hirsh | Posted 06.17.2009 | Business

Read More: Richard Fuld, Bank Bailouts, Lehman Brothers, Hank Paulson, Financial Crisis, Business News

Hank Paulson, former master of the universe, sits in a nondescript office in northwest Washington, D.C. He is trying to work on his memoirs, but he is...

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ALL BUSINESS: Banks profit from capital raising

AP | RACHEL BECK | Posted 06.16.2009 | Business

Read More: Stress Tests, Bank Bailouts, Financial Crisis, Banks, Banks Raise Capital and Profit, Wall Street, Wall Street Bank Bailout, Business News

NEW YORK — Leave it to Wall Street to figure out a way to win big from a government-mandated rush by banks to raise capital. Some financial com...

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Paulson Told Banks: Accept Government Investments Or Be "Vulnerable"

AP | SARA LEPRO | Posted 06.13.2009 | Business

Read More: Financial Crisis, Hank Paulson, Hank Paulson Memo, Hank Paulson Bailout Memo, Bank Bailouts, Business News

NEW YORK — The chief executives of the country's nine largest banks had no choice but to accept capital infusions from the Treasury Department i...

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Officials Knew Of AIG Bonuses Months Before Scandal

Washington Post | David Cho and Brady Dennis | Posted 06.12.2009 | Politics

Read More: Aig Bonus Scandal, Bailout Bandits, Bank Bailouts, Aig Bonuses, Federal Reserve Bank of New York, Aig, Financial Crisis, Edward Liddy, Politics News

As American International Group chief executive Edward M. Liddy returns to Washington to face Congress today, new details are emerging about how long ...

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Are Taxpayers Bailing Out Troubled Banks Twice?

ABC News | DAVID MUIR and SIDNEY WRIGHT IV | Posted 06.09.2009 | Business

Read More: Credit Card Companies, Financial Crisis, Bailout Bandits, Bank Bailouts, Business News

The federal government is taking up the fight against credit card companies accused of taking advantage of consumers. In taking aim at what he called...

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Roubini, Richardson: We Can't Subsidize Banks Forever

Wall Street Journal | Nouriel Roubini and Matthew Richardson | Posted 06.05.2009 | Business

Read More: Bank Insolvencies, Stress Tests, Bailout Bandits, Bank Risk, Bank Bailouts, Economy, Nouriel Roubini, Financial Crisis, Matthew Richardson, Nouriel Roubini and Matthew Richardson Op-Ed, Business News

Consider also recent bank risk-taking. The media has recently reported that Citigroup and Bank of America were buying up some of the AAA-tranches of n...

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Ryan Grim

Liddy Letter: AIG Plans To Award Bonuses Even If Taken Over By US

HuffingtonPost.com | Ryan Grim | Posted 06.02.2009 | Politics

Read More: Edward Liddy Bonus Letter, AIG CEO, Bailout Bandits, Bank Bailouts, Aig Secret Bonus Letter, Aig Ceo Bonus Letter, Aig, Financial Crisis, Edward Liddy, Aig Bonus Letter, Sec Filings Aig Bonuses, Politics News

Even if the U.S. government were to entirely take over American International Group, company executives would still be able to collect bonuses at taxp...

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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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A Guide: Where The Bailout Money Has Gone And Where It Came From

Christian Science Monitor | Mark Trumbull | Posted 05.30.2009 | Business

Read More: Bank Bailout Guide, Bailout Money, Bank Bailouts, Guide to the Bailout Money, Economic Crisis, Faq Bank Bailout, Financial Crisis, Global Economic Crisis, Business News

It's enough to boggle the mind. If all goes well, it'll be enough to help the economy recover. The US government has deployed more than $3 trillion...

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AIG A Shadow Of Its Former Self, Likely Doomed For Failure: CNN

CNN | David Goldman | Posted 05.29.2009 | Business

Read More: American International Group, Financial Crisis, Aig, Aig Doomed for Failure, Bank Bailouts, Aig Crisis, Business News

Once a titan in the insurance world, AIG is a shadow of its former self, and experts say the company is likely doomed for failure. That's partly beca...

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Bailed-Out Banks Continue Shipping Jobs Overseas

New York Post | JOHN AIDAN BYRNE | Posted 05.27.2009 | Business

Read More: Economic Crisis, Bank Bailouts, Economy, Financial Crisis, Citigroup, Business News

US banks that have taken billions of dollars in taxpayer bailouts are still shipping thousands of jobs overseas. ...

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Wall Street Pay Bouncing Back To Pre-Financial Crisis Levels

New York Times | LOUISE STORY | Posted 05.26.2009 | Business

Read More: Wall Street Executive Pay, Economic Crisis, Bank Bailouts, Bank Executive Pay, Economy, Financial Crisis, Wall Street, Executive Pay, Business News

Workers at the largest financial institutions are on track to earn as much money this year as they did before the financial crisis began, because of t...

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