Tarp

Revisiting The Fed's Bailout Of AIG And The Benefits For Goldman Sachs

New York Times | GRETCHEN MORGENSON | Posted 11.22.2009 | Business

Read More: Tarp, Barofsky Tarp Report, Getihner, Goldman Sachs, Tarp Report, AIG Bailout, Neil Barofsky, Goldman, Taxpayers, The Fed, Aig, Bailout, Fed, New York Fed, Treasury, Bernanke, Hedge, Financial Crisis, Hank Paulson, Business News

A RAY of sunlight broke through the Washington fog last week when Neil M. Barofsky, special inspector general for the Troubled Asset Relief Program, p...

Read Whole Story

Where Are The Shareholders?

Norman Goldman | Posted 11.20.2009 | Business

Read More: Say on Pay, Gramm, Tort Reform, Bailout, Wall Street, Corporation, Shareholder, Congress, Bonuses, Tarp, Business News

We need corporate reform by way of requiring all shareholders to approve all pay of all executives at all publicly traded corporations. Only then will this looting insanity end.

Read Post

Clinton's Cash for Caulkers? Not enough Economic Insulation

Les Leopold | Posted 11.19.2009 | Business

Read More: Tarp, Energy, Goldman Sachs, Bill Clinton, Unemployment, Bailout, Weatherization, Economic Crisis, Financial Crisis, Jobs, Business News

Weatherization should be the Democrats' dream program. In one fell swoop you create jobs, reduce living expenses, improve national energy security, enhance business profitability and confront global warming.

Read Post

TARP Program Could Be Extended: Washington Post

washingtonpost.com | David Cho, Michael D. Shear and Lori Montgomery | Posted 11.19.2009 | Business

Read More: White House, Bailout, TARP Extension, Deficit, Tarp, Business News

The Obama administration is poised to extend the life of the highly unpopular $700 billion financial bailout and, to display a commitment to fiscal re...

Read Whole Story

What Did TARP Accomplish? Simon Johnson In The NYT

nytimes.com | SIMON JOHNSON | Posted 11.19.2009 | Business

Read More: Tarp, Did TARP Work?, What Did TARP Accomplish, Bailout, Lehman Brothers, Troubled Asset Relief Program, Tim Geithner, Financial Crisis, Aig, Henry Paulson, Federal Reserve, Simon Johnson, Business News

Here is my assessment. In late September 2008, Treasury Secretary Henry S. Paulson asked Congress for $700 billion to buy toxic assets from banks, ...

Read Whole Story

Audit The Fed Effort Wins Support From An Unusual Coalition

HuffingtonPost.com | Arthur Delaney | Posted 11.19.2009 | Business

Read More: Tarp, Max Bauchus, Watt Amendment, Frank, Barney Frank, Aig, Alan Grayson, Lobbyblog, Barney, Rob Johnson, Mel Watt, Audit the Fed, Dean Baker, House Financial Services Committee, Business News

An unusual coalition of progressive economists, labor leaders, and bloggers has decided to fight back against a congressional amendment that would all...

Read Whole Story

The Sorcerer's Apprentice: Geithner Should Step Down

Linda R. Monk, J.D. | Posted 11.18.2009 | Business

Read More: Tarp, Politics, Breaking Politics News, Timothy Geithner, Business, Tim Geithner, Business News

Geithner's problem is not that he is by nature a corrupt man. It's that he is steeped in the Wall Street way of doing business, which itself is riddled with fraud -- and billions of taxpayer dollars are at stake.

Read Post

Dems Want Unspent TARP Funds For Main Street Bailout

Posted 11.18.2009 | Politics

Read More: Small Business Loans, Wall Street Bailout, Recovery, Congress, Unused Tarp Money, Federal Deficit, Leftover Tarp Funds, Peter DeFazio, Jobs, Homeowners, Obama, Democrats, Defazio, Main Street, Barney Frank, House, Deficit, Earl Blumenauer, Senate, Unemployment, White House, Financial Crisis, Extra Tarp Money, Bank Bailout, Leftover Tarp Money, Tarp, Republicans, Politics News

Democrats in Congress want to use unspent TARP funds to support homeowners and struggling workers, according to The Hill. More than half of the Democ...

Read Whole Story

Geithner Singled Out In TARP Watchdog Neil Barofsky's Scathing Report On AIG Bailout

HuffingtonPost.com | Shahien Nasiripour | Posted 11.17.2009 | Business

Read More: Tarp, Wells Fargo, Troubled Asset Relief Program, Bank of America, Federal Reserve, Neil Barofsky, Aig, American International Group, Federal Reserve Bank of New York, Merrill Lynch, Goldman Sachs, Bailout, Tim Geithner, Financial Crisis, Wachovia, Sigtarp, Business News

A brutal report issued Monday by a government watchdog holds Timothy Geithner -- then the head of the Federal Reserve Bank of New York and now the nat...

Read Whole Story

TARP Failures Keep Taxpayers On The Hook; 33 Companies Miss Payment

Posted 11.16.2009 | Business

Read More: Tarp, White House, TARP Money, Lending, Economy, Bailouts, Regulation, Obama, Taxpayers, Recession, Wall Street, Bailout, Fed, Treasury, Banks, Citigroup, Cit, Business News

According to The Washington Post, 33 companies that received a portion of TARP's $700 billion have not paid the federal government their most recent d...

Read Whole Story

The End of 'Too Big to Fail'

Rep. Paul Kanjorski | Posted 11.13.2009 | Business

Read More: Tarp, Wall Street Bailout, Bailout, Paul Kanjorski, Wall Street, Financial Reform, Too Big to Fail, Financial Crisis, Financial Regulation, Business News

The economic meltdown we narrowly averted last year rightfully convinced the American people that we need to re-examine the fundamental structure of our financial system. Naturally, Wall Street disagrees.

Read Post

Why Sen. Dodd's Opposition to the Federal Reserve is Ill-Conceived

Georges Ugeux | Posted 11.13.2009 | Politics

Read More: Tarp, John McCain, Congress, Fdic, Hank Paulson, Liquidity, International Monetary Fund, Financial Reform, Senate Banking Committee, Ben Bernake, Federal Reserve, Monetary Policy, Chris Dodd, Democrats, European Central Bank, Frankfurt, Bank for International Settlements, Senate, Forum of Financial Stability, Treasury, Washington, Comptroller of the Currency, Central Banks, Sec, Global-Financial-Markets, Us, Sheila Bair, Republicans, Politics News

Had Senate Banking Committee's Chairman Chris Dodd's proposal been effective before the crisis, where would we be today?

Read Post

TARP Fraud Probes Have Tripled Since April, Says Watchdog

Huffington Post | Marcus Baram | Posted 11.13.2009 | Business

Read More: TARP Crimes, TARP Fraud, Bailout Fraud, TARP Watchdog, Barofsky TARP, Bailout Crime, Tarp, Neil Barofsky, FBI Bailout Funds, Business News

The watchdog charged with policing the massive government bailout says that he's conducting 65 investigations of possible fraud in the program, more t...

Read Whole Story

Jamie Dimon, JPMorgan Chase CEO: Mega-Banks Should Be Allowed To Fail -- The Right Way

washingtonpost.com | Jamie Dimon | Posted 11.13.2009 | Business

Read More: Tarp, Bank Failure, JPMorgan Chase, Resolution-Authority, Bailout, Too Big to Fail, Banks, Federal Reserve, Jamie Dimon, Fiscal Policy, Business News

Our company, J.P. Morgan Chase, employs more than 220,000 people, serves well over 100 million customers, lends hundreds of millions of dollars each d...

Read Whole Story

Neil Barofsky, TARP Watchdog: Bailout Will 'Almost Certainly' Result In Loss For Taxpayers

bloomberg.com | Robert Schmidt | Posted 11.12.2009 | Business

Read More: Tarp, Bailout, TARP Watchdog, Chrysler, Gm, Bank of America, Neil Barofsky, Aig, Citgroup, Fiscal Policy, Business News

Nov. 12 (Bloomberg) -- Neil Barofsky, the federal watchdog for the $700 billion financial industry bailout, said the program will "almost certainly" r...

Read Whole Story

Veterans: Lip Service, Bankers: Billions & America: Foreclosures - Here's The Fix

Dylan Ratigan | Posted 11.12.2009 | Business

Read More: Tarp, Bailout, Wall Street, Home Prices, Financial Crisis, Veterans, Home Foreclosures, Business News

If we must resort to handouts to save our country, let's at least put them in the hands of the most deserving. We should start with the roughly 2 million veterans who served in Iraq and Afghanistan.

Read Post

White House Looking To Cut Deficit With Extra TARP Cash

wsj.com | By DEBORAH SOLOMON and JONATHAN WEISMAN | Posted 11.12.2009 | Politics

The Obama administration, under pressure to show it is serious about tackling the budget deficit, is seizing on an unusual target to showcase fiscal r...

Read Whole Story

FDIC Chief Sheila Bair: Big Banks Still Aren't Lending Enough

AP | STEVENSON JACOBS | Posted 11.11.2009 | Business

Read More: Fdic, Bank Lending, Credit Markets, Bailout, Lending, Loans, Federal Deposit Insurance Corp, Banks, Sheila Bair, Tarp, Business News

NEW YORK — The head of the Federal Deposit Insurance Corp. said Tuesday she's "very worried" that the nation's biggest banks aren't lending enou...

Read Whole Story

Goldman Sachs Doing "God's Work"?

Charles Gasparino | Posted 11.09.2009 | Business

Read More: Tarp, Lloyd Blankfein, Goldman Sachs, Wall Street Bailout, Bailout, Goldman Sachs Bonuses, Goldman Sachs Bailout, Blankfein, Banks, Bear Stearns, Goldman Sachs TARP, Goldman Sachs Profits, Goldman, Business News

The only thing worse than Goldman Sachs amassing billions in bonus money for its executives, based on various government subsidies and bailout measures, is listening to it try to explain it all away.

Read Post

Wall Street's Record Bonuses Return: Analysts Predict $30 Billion In Bonuses At Big 3

Bloomberg | Michael J. Moore and Ian Katz | Posted 11.09.2009 | Business

Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.'s investment bank, survivors of the worst financial crisis since the Great Depressio...

Read Whole Story

To Create Jobs on Main Street, We Need to Kill Jobs on Wall Street

Les Leopold | Posted 11.07.2009 | Business

Read More: JP Morgan Chase, Tarp, Goldman Sachs, Morgan Stanley, Unemployment, Bailout, Economic Crisis, Financial Crisis, Barack Obama, Business News

The Billionaire Bailout Society is not a shared society. We're not in it together. What's good for Wall Street is not good for the rest of us...they even get their swine flu shots before we do.

Read Post

Tragically Charismatic

Rob Johnson | Posted 11.05.2009 | Business

Read More: Tarp, Obama One Year Later, Barack Obama, One Year Later, Business News

A politician with great persuasive power can use it in two ways. It can be used to cultivate the energy of the general interest, or it can be used to try and mollify the people while facilitating the elites' agenda.

Read Post

Brad DeLong: What Would Have Happened If We Didn't Bailout The Bankers?

Project Syndicate | Brad DeLong | Posted 11.04.2009 | Business

Read More: Tarp, Nationalization, Bailout, Brad Delong, Financial Crisis, Banks, Fannie Mae, Freddi Mac, Fiscal Policy, Business News

It is worth stepping back and asking: What would the world economy look like today if policymakers had acceded to the populist demand of no support to...

Read Whole Story

One Year Later: The Post-TARP Questions We Should Be Asking

Dear John Thain | Posted 11.04.2009 | Business

Read More: Tarp, Wall Street, Bailout, TARP Money, Too Big to Fail, Economic Crisis, Banks, Obama TARP, Obama Bailout, Executive Compensation, Business News

While we can't decisively compare outcomes of choices that were made to alternative choices, we can ask why certain decisions haven't even been tackled.

Read Post

A Systemic Risk Regulator and a Compensation Tsar? Larry Summers and Ben Bernanke Must Be Kidding

David Paul | Posted 11.03.2009 | Business

With the announcement of record Wall Street bonus pools and rising credit card fees, it is time to sit back and see where we go from here.

Read Post

Tarp

HuffPost Social News connects you with friends and the news