Obama Nationalization

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Ken Lewis, BofA Management Made Millions On Nationalization Rumors

Bloomberg News | David Mildenberg | Posted 06.19.2009 | Business

Read More: Bank of America Bailout, Bank of America, Bank Nationalization, Bank of America Board of Directors, Ken Lewis, Nationalization, Kenneth Lewis, Bofa, Obama Nationalization, BofA Bonuses, BofA CEO, Business News

May 19 (Bloomberg) -- Bank of America Corp.'s directors and top managers, including Chief Executive Officer Kenneth Lewis, made about $6.57 million by...

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

David Sirota | Posted 03.29.2009 | Politics

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

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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Nationalizing Banks, AIG, Carmakers: The News And What It Means

Huffington Post | Julie Satow | Posted 03.27.2009 | Business

Read More: AIG Citi Deals, Chrysler, Aig, Nationalizing Banks, Big Three Automakers, Nationalization, General Motors, Bank Nationalization, Citibank, Obama Nationalization, Aig-Citi-Deals, Treasury Deals AIG Citi, Treasury-Deals-Aig-Citi, Aig News, Business News

UPDATE: A new USA Today/Gallup poll finds that a majority of Americans (54%) favor a temporary government "takeover" of major U.S. banks, but a much l...

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An Open Letter to David Axelrod

Robert Kuttner | Posted 03.26.2009 | Politics

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

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

William K. Black | Posted 03.26.2009 | Business

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

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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Things I Don't Get

James Moore | Posted 03.26.2009 | Business

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

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 03.26.2009 | Business

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

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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Trust: The Reason Bank Nationalization is Essential

Raymond J. Learsy | Posted 03.25.2009 | Business

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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Help Wanted: Swedish Model to Kill Off Zombie Banks

Miles Mogulescu | Posted 03.25.2009 | Business

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

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 03.25.2009 | Business

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

David Paul | Posted 03.24.2009 | Business

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

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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Bank Nationalization Would Pose Hurdles For Obama

thehill.com | Posted 03.22.2009 | Business

Read More: Nationalization Obama, Obama Nationalization, Bank Nationalization, Financial Crisis, Business News

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

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The Problems of Nationalization Still Remain

Hale "Bonddad" Stewart | Posted 03.22.2009 | Business

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

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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Graham: Nationalizing Banks Should Be On The Table

HuffingtonPost.com | Sam Stein | Posted 03.18.2009 | Politics

Read More: Chuck Schumer, Schumer Peter King, U.S. Banks, Nationalizing Banks, Bank Nationalization, Lindsey Graham, Graham Nationalization, Graham King, Obama Nationalization, Politics News

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 ...

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