Banks Bailout

Wall Street Bailout Failed To Rescue Main Street

nytimes.com | Posted 10.28.2011

Read More: Wall Street Bailout, Bailout, Wall Street, Economy, Banks, Financial Crisis, Credit Crisis, Banks Bailout, Housing Crisis, Third World America, Business News

FOR the last three years we have been told repeatedly by government officials that funneling hundreds of billions of dollars to large and teetering ba...

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Federal Reserve Releases Details Of Massive Loan Program During Crisis

Posted 05.25.2011

Read More: Fed Details, Federal Reserve Documents, Federal Reserve, Ben Bernanke, Banks Bailout, Federal Reserve and Document Release, Fed Loans, Fed Emmergency Lending Program, Business News

The Federal Reserve has just released a vast trove of documents that detail a massive $3.3 trillion dollar aid program offered to the financial indust...

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Banks That Got The Biggest Bailouts Spent The Most On Lobbying

AP | By EILEEN AJ CONNELLY | Posted 05.25.2011

Read More: Obama Banks Bailout, Banks Lobbying, The Financial Fix, Wall Street, Lobbying, Financial Reform, Banks Bailout, Banks Bailout Amount, Business News

Disclosure reports show that the banks that got the most government help in late 2008 and early 2009 also invested the most to influence members of Co...

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Why Is Obama to the Right of the Wall Street Journal, Greenspan, and McCain on Breaking Up Banks and Restoring Glass Steagall?

Miles Mogulescu | Posted 05.25.2011

Read More: Investment Banks, Larry Summers and Barack Obama, Paul Volker, Financial Reform, Too Big to Fail Banks, Too Big to Fail, Larry Summers, Banks, Glass-Steagall Act, Financial Crisis, Alan Greenspan, Banks Bailout, Wall Street Journal, Lawrence Summers, Financial Regulation, Politics News
Miles Mogulescu

If, a year after Obama's victory, the Senatorial race to replace Ted Kennedy is close, it can largely be attributed to public disillusionment that Obama and the Democrats have given away too much taxpayer money to Wall Street banks.

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Banking Crisis Until 2013: S&P

Reuters | Jonathan Stempel | Posted 05.25.2011

Read More: Banking Crisis 2013, Economy, Banks, Banking Crisis, Economic Recovery, Banks Bailout, Recession, Business News

NEW YORK (Reuters) - A day after saying big U.S. banks probably needed to raise only one-fourth the capital demanded by the government, Standard & Po...

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Stressless Tests: Our Treadmill Of Delusion

Anthony Citrano | Posted 05.25.2011

Read More: Stress Tests, Banking Bailout, Economy, Stress Test Results, Economic Crisis, Bank Stress Tests, Federal Reserve, US Economy, Breaking Business News, Wall Street, Business News, Banking Crisis, Banks, Financial Crisis, Toxic Assets, Ben Bernanke, Banks Bailout, Business News
Anthony Citrano

The stress tests mostly overlook derivatives -- the $50 trillion elephant in the room -- by effectively letting banks apply their prior calculus in valuing them.

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The Mega-Banks Behind the Meltdown

Bill Buzenberg | Posted 05.25.2011

Read More: Wall Street Bailout, Wall Street Crisis, Subprime Mortgages, Subprime Mortgage Crisis, Economy, Economic Crisis, Banking Crisis, Toxic Assets, Banks Bailout, Business News
Bill Buzenberg

It's time to set aside the myth of the mega-bank as victim. These banks aren't "too big to fail," but simply "too politically connected to fail."

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AIG Staff: We Deserve This Money

The Hill | Ian Swanson | Posted 05.25.2011

Read More: Aig Staff on Bonuses, Aig Staff, AIG Bailout, Aig Staff We Deserve This Money, Aig, Financial Crisis, Banks Bailout, Bonus Outrage, Business News

AIG's new management team last year proposed that its employees give up their "retention" bonuses, or at least reduce them. The response from the 370 ...

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Nationalization: It's Not Scary, It's All Around You

David Sirota | Posted 05.25.2011

Read More: Tarp, Nationalizing Banks, Wall Street Crisis, Nationalization, Bank Nationalization, Economy, Economic Crisis, Banks, Financial Crisis, Henry Paulson, Obama Nationalization, Ben Bernanke, Banks Bailout, Politics News
David Sirota

Before we get scared about the prospect of nationalization, let's remember: nationalization already pervades far more than the banking industry -- it's all around us.

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Things I Don't Get

James Moore | Posted 05.25.2011

Read More: Rick Santelli, Bank Nationalization, Housing Crisis, Rick Santelli Rant, Tarp, Nationalizing Banks, Economy, Economic Crisis, Obama Nationalization, Nationalization, Wall Street Crisis, Banks, Henry Paulson, Financial Crisis, Ben Bernanke, Banks Bailout, Bailout Outrage, Business News
James Moore

Rick Santelli and others are guilty of extreme hypocrisy, the type that only raises its moral head when it serves a particular constituency.

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Death To Zombies: Nationalize Banks Now

Henry Blodget | Posted 05.25.2011

Read More: U.S. Economy, Bailout, Tarp, Nationalizing Banks, Wall Street Crisis, Nationalization, Bank Nationalization, Economy, Economic Crisis, Banks, Financial Crisis, Obama Nationalization, Henry Paulson, Ben Bernanke, Banks Bailout, Business News
Henry Blodget

Nationalization does not mean "government-run banks." It means temporary seizure and restructuring. Customers are protected. Depositors are protected. Jobs are protected.

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Why Is Geithner Continuing Paulson's Policy of Violating the Law?

William K. Black | Posted 05.25.2011

Read More: Nationalizing Banks, Nationalization, Bank Nationalization, Tim Geithner, Henry Paulson, Timothy Geithner, Geithner Banks, Bank Bailout, Tarp, Economy, Economic Crisis, Obama Nationalization, Wall Street Crisis, Financial Crisis, Banks, Ben Bernanke, Banks Bailout, Business News
William K. Black

Paulson and Geithner's refusal to comply with the law has already cost the taxpayers scores of billions of dollars in unnecessary costs. Geithner indicated Friday that he would continue to flout the law.

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An Open Letter to David Axelrod

Robert Kuttner | Posted 05.25.2011

Read More: Congress Stimulus, U.S. Economy, Congress, Republicans Stimulus, Obama Stimulus, Economy, Economic Crisis, Obama Administration, Obama Economy, Stimulus, Barack Obama David Axelrod, Congressional Budget Office, Obama Stimulus Plan, Economic Stimulus Package, Axelrod Economy, David Axelrod, Gop Stimulus, Economic Stimulus, Tarp, Nationalizing Banks, Obama Nationalization, Wall Street Crisis, Nationalization, Bank Nationalization, Banks, Financial Crisis, Henry Paulson, Ben Bernanke, Banks Bailout, Politics News
Robert Kuttner

It will take much stronger medicine to avert a depression than the measures taken to date, and the president needs to rally public opinion if he is to persuade Congress to act at the necessary scale.

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Help Wanted: Swedish Model to Kill Off Zombie Banks

Miles Mogulescu | Posted 05.25.2011

Read More: Roubini Nationalization, Sweden Bailout, Larry Summers and Barack Obama, Nationalizing Banks, Lindsey Graham Nationalization, Financial Bailout, Stiglitz Economic Crisis, FInancial Markets, Bank Nationalization, Geithner Bailout, Banking Crisis, Obama Nationalization, Financial Crisis, Paul Krugman Barack Obama, Tarp, Economy, Economic Crisis, Wall Street Crisis, Nationalization, Banks, Henry Paulson, Ben Bernanke, Banks Bailout, Business News
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.

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The Politics of Bank Nationalization

Jay Mandle | Posted 05.25.2011

Read More: US Economy, Banking Crisis, US Economic Crisis, U.S. Economy, Nationalizing Banks, Nationalization, Nationalization of Banking Industry, Bank Nationalization, Clean Elections, Wall Street Crisis, Economy, Financial Crisis, Tarp, Economic Crisis, Obama Nationalization, Banks, Henry Paulson, Ben Bernanke, Banks Bailout, Business News
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.

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Trust: The Reason Bank Nationalization is Essential

Raymond J. Learsy | Posted 05.25.2011

Read More: Zombie Banks, Bank of America, Wall Street, Bank Nationalization, Bank Bailouts, Chile, Tarp, Ciitgroup, Nationalizing Banks, Economy, Economic Crisis, Obama Nationalization, Wall Street Crisis, Nationalization, Banks, Henry Paulson, Financial Crisis, Ben Bernanke, Banks Bailout, Business News
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.

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

David Paul | Posted 05.25.2011

Read More: Tarp, Fdic, Nationalization, Henry Paulson, Ben Bernanke, Banks Bailout, Sheila Bair, Citigroup, Oregon, Nationalizing Banks, Economy, Economic Crisis, Obama Nationalization, Wall Street Crisis, Bank Nationalization, Financial Crisis, Banks, Business News
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.

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The Problems of Nationalization Still Remain

Hale "Bonddad" Stewart | Posted 05.25.2011

Read More: Economy, Banks, Nationalizing Banks, Bank Bailout, Bank Nationalization, Recession, Tarp, Wall Street Crisis, Nationalization, Economic Crisis, Financial Crisis, Obama Nationalization, Henry Paulson, Ben Bernanke, Banks Bailout, Business News
Hale

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?

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Bailed Out Banks Sought Foreign Workers For High-Paying Jobs: AP

AP | FRANK BASS and RITA BEAMISH | Posted 05.25.2011

Read More: Bailout Banks Sought Foreign Workers, Bailout Bandits, Banking Bailout, Financial Bailout, Economy, Banks Sought Foreign Workers, Financial Crisis, Banks Bailout, Recession, Business News

SANTA CLARA, Calif. — Major U.S. banks sought government permission to bring thousands of foreign workers into the country for high-paying jobs ...

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Rescue Of Banks Hints At Nationalization

New York Times | EDMUND L. ANDREWS | Posted 05.25.2011

Read More: Banks, Banks Bailout, Nationalization, Bailout, Business News

Last fall, as Federal Reserve and Treasury Department officials rode to the rescue of one financial institution after another, they took great pains t...

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Small Banks Want Bailout Money

CNN | David Ellis | Posted 05.25.2011

Read More: Small Banks Want Bailout Money, Bailout, Economic Crisis, Economy, Small Banks, Financial Crisis, Banks Bailout, Business News

The Treasury Department better order some new checkbooks. So far, the Treasury Department has invested $161.5 billion in 52 companies as of last week...

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