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Daily Show Calls Paulson "Baron Von Moneypants" (VIDEO)

Comedy Central | Posted 05.25.2011 | Business

Desperate times call for ridiculous Photoshopping of extremely important people, or so goes the digital age's comedy mantra. For such Photoshopping, w...

Ron Paul's Bailout Criticism: Illiquid Assets Are Illiquid For A Reason (VIDEO)

CNBC | Posted 05.25.2011 | Business

Rep. Ron Paul, the Republican from Texas whose primary presidential campaign sparked a huge Internet following, let loose on Federal Reserve Chairman ...

Will Main Street Stock Portfolios Decrease? (VIDEO)

CNBC | Posted 05.25.2011 | Business

Federal Reserve Chairman Ben Bernanke is testifying before Congress today on the proposed $700 billion bailout plan, meeting much skepticism. What fol...

Ned Lamont On Wall Street Crisis: "This Is Our Katrina"

Wall Street Journal | Robert Frank | Posted 05.25.2011 | Business

"It's the human toll that is frightening," said State Rep. Livvy Floren, a friend of Mr. Fuld. "Dick Fuld has spent 39 years of his life doing this. I...

Wachovia, Wells Fargo Deal Ends Talks With Citigroup

AP | SARA LEPRO | Posted 05.25.2011 | Business

NEW YORK — A battle broke out Friday for control of Wachovia, as Wells Fargo agreed to pay $14.8 billion for the struggling bank, while Citigrou...

If The Bailout Passes... Then What?

Fortune | Colin Barr | Posted 05.25.2011 | Business

NEW YORK (Fortune) -- After much ado, the government appears ready to toss a lifeline to Wall Street. But with policymakers frantically battling to ke...

Stocks end lower amid worries after House OKs plan

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — In the end, congressional approval of the government's $700 billion financial rescue plan Friday did little to lift the financial mar...


Jim Randel | Posted 05.25.2011 | Business
Jim Randel

In my last post, I whined that no one in government was doing an adequate job of educating the public about the arguments for and against the bailout ...

House Bailout Vote Could Still Hold Surprises

AP | JULIE HIRSCHFELD DAVIS | Posted 05.25.2011 | Business

WASHINGTON — A wave of House converts jumped aboard the $700 billion financial industry bailout Thursday on the eve of a make-or-break second vo...

Do Bailouts Work? Analysts Explore Which Do And Which Don't

Clusterstock | Henry Blodget | Posted 05.25.2011 | Business

Do banking-system bailouts work? Yes. But some work better than others. They're also mind-bogglingly expensive. Unfortunately the current Hanke-Panke...

Playboy Seeking Wall Street Women

BloggingStocks | Posted 05.25.2011 | Business

BloggingStocks reports that Playboy has some work of the XXX variety for out-of-work Wall Streeters of the XX-chromosome variety: If you've recently ...

Stocks decline on unemployment, factory reports

AP | JOE BEL BRUNO | Posted 05.25.2011 | Business

NEW YORK — Pessimism about a protracted economic downturn washed over the financial markets Thursday, sending stocks plunging and further tighte...

House Bailout Bill Friday Vote: YEA - 263, NAY - 171

Huffington Post | Dave Burdick | Posted 05.25.2011 | Business

**UPDATE** 2:56 PM President Bush has signed the bailout bill into law. HOUSE BAILOUT BILL -- H.R. 1424 FULL TEXT (PDF) FRIDAY 1:28 PM BAILOUT BILL P...

They Should've Passed The First Proposal

Vince Farrell | Posted 05.25.2011 | Business
Vince Farrell

Our elected representatives said they needed more time to consider such sweeping and important legislation. What they wanted was time to dress the bill up with bells and whistles.

Main Street and Wall Street -- We're in This Together

Tom Donohue | Posted 05.25.2011 | Business
Tom Donohue

The defeat of the financial rescue plan in the House of Representatives on Monday dealt a needless blow to an already faltering economy. Investors lost $1.2 trillion in wealth.

Futures pull back after Senate bailout plan vote

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Financial markets reacted cautiously to the Senate's passage of the banking bailout plan late Wednesday, with stock index futures fal...

Senate Passes Bailout Bill

Huffington Post | Dave Burdick and Nicholas Graham | Posted 05.25.2011 | Business

***UPDATE*** 12:41AM 10/2 Bipartisanship: The Senate's bailout vote margin stood in stark contrast to the House's: In stark contrast to the House re...

Like A Clearance Sale: What Does Wall Street Think Of The Failout?

Wallstrip | Posted 05.25.2011 | Business

Wallstrip's Julie Alexandria hit the street to see what people in New York think of the bailout plan -- and its failure in the House of Representative...

Auto Sales Falling Sharply

New York Times | Nick Bunkley | Posted 05.25.2011 | Business

DETROIT -- September was another difficult month for carmakers. Toyota, the Ford Motor Company and Chrysler each said Wednesday that their sales in t...

Is The Rage Against The Bailout Plan Reasonable?

Wall Street Journal | James Stewart | Posted 05.25.2011 | Business

They're angry and they're not going to take it anymore. That's the message opponents of the proposed financial rescue, now widely derided as a bailou...

Senate passes $700B rescue; House votes lured

AP | JULIE HIRSCHFELD DAVIS and CHARLES BABINGTON | Posted 05.25.2011 | Business

WASHINGTON — After one spectacular failure, the $700 billion financial industry bailout found a second life Wednesday, winning lopsided passage ...

Jed Lewison

I Dare Her To Say This During The Debate | Jed Lewison | Posted 05.25.2011 | Politics

Sarah Palin, on Monday, claiming to be (in her words) a "normal Joe Six-pack American": Palin said if she and John McCain win, they will "put governm...

Warren Buffett To Invest $3B In GE, Similar Perks To His Goldman Deal

MarketWatch | Posted 05.25.2011 | Business

GE today announced plans to offer at least $12 billion of common stock to the public. The underwriters will have a 30-day option to purchase shares re...

Tape-Painting Suspicions: Why Did Some Stocks Gain So Much At The End Of Tuesday?

New York Times | Floyd Norris | Posted 05.25.2011 | Business

The last five minutes of trading on the last day of the quarter were very good to a significant number of stocks on Tuesday, including battered financ...

I'd Post About David Gergen Calling The House Bailout Vote "Shockingly Irresponsible," But It's Probably Not A Good Idea To Offend Anyone Right Now

Huffington Post | Rachel Sklar | Posted 05.25.2011 | Media