Bailed-Out Banks Making Profits -- For Taxpayers
Money wasn't just "given" to Wall Street firms. It bought something of value. And now that the firms (and the market in general) are recovering, they're starting to pay it back. With interest.
Money wasn't just "given" to Wall Street firms. It bought something of value. And now that the firms (and the market in general) are recovering, they're starting to pay it back. With interest.
Stephen C. Rose | Posted 10.25.2008 | Politics
By Stephen C. Rose There are two key pieces of evidence in the maelstrom we are now calling a meltdown -- but which began with a mortgage crisis. The...
Max Fraad Wolff | Posted 10.12.2008 | Business
The teetering state of the mortgage markets and the $4.6-$4.9 trillion position of Fannie and Freddie placed the GSE at the center of these crises.
Danny Schechter | Posted 10.08.2008 | Business
In a globalized entangled and interconnected economy, no region can expect not to be impacted when the world's number one economy goes south.
Chris Weigant | Posted 10.16.2009 | Politics