How TARP Began: An Exclusive Inside View
When it first came into existence last September, TARP--the troubled assets relief program--sounded like just another ungainly government acronym. But...
When it first came into existence last September, TARP--the troubled assets relief program--sounded like just another ungainly government acronym. But...
Miles Mogulescu | Posted 04.18.2009 | Politics
If the American people come to see the Obama administration as complicit in Wall Street's unethical behavior, then Obama's entire economic program could end up in shambles.
David Fiderer | Posted 04.09.2009 | Business
Many talking heads lack a command of the data, so much coverage of the financial crisis remains vague and anecdotal. For businessmen, the narrative is always framed by the numbers, the bottom line.
Henry Blodget | Posted 03.15.2009 | Business
The bottom line is that someone has to take the losses on the $1+ trillion of depreciating assets that are crushing bank balance sheets, and we taxpayers have woken up to the fact that we don't want it to be us.
HuffingtonPost.com | Thomas B. Edsall | Posted 02.09.2009 | Business
In the early days, every public official associated with TARP--the $700 billion Targeted Asset Relief Program--promised openness and transparency. "W...
Miles Mogulescu | Posted 01.04.2009 | Politics
Picture a massive caravan of thousands of people effected by the auto industry landing up in front of the Capitol demanding action to save their jobs and staying there until Congress acts.
Disgrasian | Posted 12.24.2008 | Media
Last week, Neel Kashkari appeared before Congress, where he was called a "chump" by Maryland Dem Elijah Cummings.
Washington Post | David Cho | Posted 12.19.2008 | Business
Treasury Secretary Henry M. Paulson Jr. had a stern message for more than two dozen of the nation's most powerful hedge fund managers gathered in the ...
Emma Coleman Jordan | Posted 12.15.2008 | Business
The same penchant for secrecy and partial disclosure that pervaded the last eight years of foreign policy, energy policy and domestic intelligence gathering is now slowly emerging in the bailout.
Robert L. Borosage | Posted 11.21.2008 | Business
What's needed is an independent agency with summary powers and an independent board, to work with the FDIC and other agencies to sort out the solvent banks from the broke, those that need to be saved from those that should fail.
Dean Baker | Posted 11.06.2008 | Business
According to the Washington Post, after the initial defeat of the bailout package in the House, Paulson told Bush "there is no Plan B." Of course this was not true.
HuffingtonPost.com | Jason Linkins | Posted 11.01.2008 | Politics
With the Senate set to take up the White House's plan to save our collapsing markets, and the promise of a renewed effort to do the same in the House,...
Tony and Richard Ressler | Posted 10.31.2008 | Business
A better alternative to the current plan is one that directly addresses the ability of U.S. banks to increase their capital accounts and their willingness to lend to bank and non-bank borrowers.
HuffingtonPost.com | Jason Linkins | Posted 10.30.2008 | Politics
Here's a video of MSNBC's David Shuster -- whose over-arching disbelief in the John McCain camp version of events seems to be firming up as the mainst...
HuffingtonPost.com | Jason Linkins | Posted 10.29.2008 | Politics
Okay. Once you get your head around a week in our political lives, during which: The first presidential debate was nearly scuttled By the candidate ...
Matt Miller | Posted 10.28.2008 | Politics
Now that we've socialized large chunks of the mortgage, banking and insurance industries, universal health coverage is among the most conservative initiatives left for America to pursue.
HuffingtonPost.com | Jason Linkins | Posted 10.26.2008 | Politics
The important work of socializing all the risk, ever, and placing it on the burden of the taxpayers entered the all-important Empty Pageantry Stage today that McCain requested Bush throw at the White House.
Arianna Huffington | Posted 10.26.2008 | Politics
If Obama goes along with the latest bill it in the name of post-partisan comity, he's making a big mistake. Washington is not lacking political leaders willing to go along with the flow.
HuffingtonPost.com | Sam Stein | Posted 10.24.2008 | Politics
One of the more interesting moments of this morning's Senate Banking Committee hearing with Hank Paulson and Ben Bernanke came when Sen. Chuck Schumer...
HuffingtonPost.com | Jason Linkins | Posted 10.23.2008 | Politics
Surprisingly little separates what's happening to the financial market and what happened during the run-up to the Iraq War, many years ago. Both are ...
US News & World Report | Posted 06.14.2009 | Business