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Bank Nationalization

Sam Stein

Paterson: Nationalization Should Be On The Table | Sam Stein | Posted 05.25.2011 | Politics

New York Governor David Paterson said Friday that he is cautiously open to bank nationalization, now a front-burner political issue, as a measure to a...

Trust: The Reason Bank Nationalization is Essential

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Without trust, without confidence that your counterparty financing institutions can deliver or be trusted to execute the obligations they undertake, commerce as we know it will come to a standstill.

The Politics of Bank Nationalization

Jay Mandle | Posted 05.25.2011 | Business
Jay Mandle

Nationalizing failed banks will not be an easy sell. The country has had a long romance with markets and the residue of that infatuation persists among significant segments of the population.

Help Wanted: Swedish Model to Kill Off Zombie Banks

Miles Mogulescu | Posted 05.25.2011 | Business
Miles Mogulescu

In order not to spook markets, Obama and a small team of financial commandos needs to orchestrate a sneak attack on the Zombie Banks.

Sam Stein

Bank Nationalization: "As American As Apple Pie" | Sam Stein | Posted 05.25.2011 | Politics

Even before the panel discussion commenced, George Stephanopoulos knew that this would not, in actuality, be a debate. The topic was the nationalizati...

Bank Of America CEO Lewis: We Can "Make It Through This Downturn On Our Own"

Huffington Post | Nick Sabloff | Posted 05.25.2011 | Business

With his company's stock sliding Friday, Bank of America CEO Kenneth Lewis pushed back strongly against talks that the company may soon be taken over ...

Time to Stop the Nationalization Rhetoric, and Let the System Work

David Paul | Posted 05.25.2011 | Business
David Paul

For years, America has told other countries how to deal with financial crises -- cut your losses. Clean up your balance sheets. Get on with it. This week, the stock market said the same thing.

Chris Dodd: Nationalization "May Happen"

Bloomberg | Alison Vekshin | Posted 05.25.2011 | Business

Feb. 20 (Bloomberg) -- Senate Banking Committee Chairman Christopher Dodd said it may be necessary to nationalize some banks for a short time as Citig...

The Problems of Nationalization Still Remain

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business

How do me make the transition from private to public ownership with the smallest amount of disruptions -- especially at a time when the financial markets are hanging on by a thread?

Bank Nationalization Would Pose Hurdles For Obama | Posted 05.25.2011 | Business

The nationalization of even a handful of U.S. banks, which some analysts see as increasingly likely, would pose political problems for President Obama...

Alan Greenspan: Economy Worst Since 1930s, Tarp Insufficient, Supports Bank Nationalization

Huffington Post | Posted 05.25.2011 | Business

Former U.S. Federal Reserve Chairman Alan Greenspan said on Tuesday that the global recession will "surely be the longest and deepest" since the 1930s...

Lindsey Graham Defends Bank Nationalization Statement

Charlotte Observer | Posted 05.25.2011 | Politics

Despite criticism from fellow Republicans, U.S. Sen. Lindsey Graham of South Carolina Monday defended his statement that the U.S. should consider nati...

Ryan Grim

HuffPost Contest: Name That Bank Seizure | Ryan Grim | Posted 05.25.2011 | Politics

Republican Sen. Lindsey Graham of South Carolina stunned political observers on Sunday when he said that "the idea of nationalizing banks" must be kep...

Sam Stein

Graham: Nationalizing Banks Should Be On The Table | Sam Stein | Posted 05.25.2011 | Politics

In a gloomy segment about the financial sector on ABC'S This Week, two self-avowed fiscal conservatives said that the U.S. Government should at least ...

Nouriel Roubini: Only Way To Save US Banking System Is To Nationalize It

Washington Post | Matthew Richardson and Nouriel Roubini | Posted 05.25.2011 | Business

The U.S. banking system is close to being insolvent, and unless we want to become like Japan in the 1990s -- or the United States in the 1930s -- the ...

Stimulus, Yes; Bank Bailout II, No

Robert Kuttner | Posted 05.25.2011 | Politics
Robert Kuttner

If Obama does his job he will mobilize public opinion and isolate Republicans who would rather sink the economy than give a Democratic president legislative success.

"Too Big To Fail": A Bailout Hoax

Ismael Hossein-zadeh | Posted 05.25.2011 | Politics
Ismael Hossein-zadeh

If "illiquidity is the core economic problem," as policy makers argue, why is then the government's injection of enormous amounts of liquidity failing to unfreeze the credit market?

U.S. Nationalizes Illinois Senate Seat

Andy Borowitz | Posted 05.25.2011 | Politics
Andy Borowitz

The White House quickly defended the measure, arguing that Burris' seat had become a "zombie seat" that was a drain on the rest of the Senate.

Bank Nationalization: What It Means For You

Wall Street Journal | JANE J. KIM and HEIDI MOORE | Posted 05.25.2011 | Business

Could your bank turn into the Bank of the U.S.A.? The latest wave of banking problems has investors worried that the government will nationalize de...

The Christian Right Killed the Republican Party

Jane Devin | Posted 05.25.2011 | Home
Jane Devin

Under the thumb of right-wing religion, the Republican party became a bloated fool, stuffed with hypocrisy, greed, and anti-intellectualism. The price is now being paid through lost elections and a loss of public trust.