Tarp

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

Les Leopold | Posted 11.07.2009 | Business


Les Leopold

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.

Tragically Charismatic

Rob Johnson | Posted 11.05.2009 | Business


Rob Johnson

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.

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

Project Syndicate | Brad DeLong | Posted 11.04.2009 | Business


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...

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

Dear John Thain | Posted 11.04.2009 | Business


Dear John Thain

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.

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

David Paul | Posted 11.03.2009 | Business


David Paul

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.

A Year Later -- My Clarion Call to America Left Unanswered

Lynn Tilton | Posted 11.02.2009 | Business


Lynn Tilton

We are living in interesting times and the road to resurgence will be long and fraught with obstacles. The path to economic recovery begins with truth.

Can Citigroup Carry Its Own Weight?

New York Times | ANDREW MARTIN and GRETCHEN MORGENSON | Posted 11.01.2009 | Business


OVER the past 80 years, the United States government has engineered not one, not two, not three, but at least four rescues of the institution now know...

Slicing and Dicing at GM and Chrysler

James P. Hoffa | Posted 10.31.2009 | Business


James P. Hoffa

When it comes to carhaul drivers, automakers are failing to meet their end of the bailout bargain and taxpayers should hold them accountable.

Dylan Ratigan Dresses As Thomas Jefferson, Warns Against "Gambling Casinos" (VIDEO)

Posted 10.30.2009 | Media


On MSNBC's Morning Meeting on Friday, host Dylan Ratigan celebrated Halloween by donning a wig and dressing in revolutionary garb like his favorite Fo...

Why "Too Big To Fail" Is A Government Subsidy For Mega Banks

zero hedge | Tyler Durden | Posted 10.30.2009 | Business


Even as Tim Geithner was boldly lying today on national TV, claiming that he abhors the concept of too big to fail, and condemns moral hazard, behind ...

"TARP on Steroids"

David Sirota | Posted 10.30.2009 | Politics


David Sirota

The Obama administration, far from backing off or restricting TARP, is quietly moving forward a plan to create an even bigger, more permanent TARP.

Too Big to Jail

Norb Vonnegut | Posted 10.29.2009 | Business


Norb Vonnegut

Uncle Sam is wrestling how to govern organizations vital to our nation's economic welfare. I'd rather see legislators focus on leverage and preventive cures than after-the-fact remedies like "amending loans."

The Lawyers Who Would Torture

David A. Love | Posted 10.29.2009 | Books


David A. Love

Throughout history we have witnessed the ways in which societies compromise their legal systems to oppress the many, benefit the few, and sanction the unconscionable.

Labor Leader Trumka To Testify Against "Reform" Bill Deemed "TARP on Steroids"

Mike Elk | Posted 10.29.2009 | Politics


Mike Elk

As Congressman Sherman put it, the current legislation meant to reform Wall Street would actually be like "TARP on steroids."

Brad Sherman: Finance Safeguards An Executive Power Grab, "TARP On Steroids"

Washington Independent | Mike Lillis | Posted 10.28.2009 | Politics


In the wake of the recent financial meltdown, it sounds like a reasonable idea: A proposal granting the White House broad new authority to take over w...

AIG's Misguided TARP-Funded Bonuses

Rep. Edolphus Towns | Posted 10.28.2009 | Business


Rep. Edolphus Towns

The American people have been eager to understand how the government failed to prevent bonus payments from going out the door -- payments that were paid out with their taxpayer dollars.

Why Billionaires Should Pay for the Jobless Recovery

Les Leopold | Posted 10.25.2009 | Business


Les Leopold

For the past 30 years we have minted billionaires, and we have created the most unequal distribution of wealth since 1928-29. This didn't happen by accident.

Obama: Big Banks Must Fulfill Their Responsibility To Ensure A Wider Recovery, Help Small Banks

AP | ALAN FRAM | Posted 10.24.2009 | Politics


WASHINGTON — Big banks that got big bailout bucks should return the favor by lending more to qualified small businesses, President Barack Obama ...

Daniel Gross: Why Wall Street Bonuses Will Continue to Exceed Profits

Slate Magazine | Daniel Gross | Posted 10.23.2009 | Business


This year, compensation will again eat up something close to a majority of Wall Street's revenues. And while Goldman and Morgan Stanley have paid back...

Executive Pay Cuts? Hold the Standing Ovation

Stuart Whatley | Posted 10.24.2009 | Business


Stuart Whatley

Yes, a quick round of applause for Feinberg for cutting our financial wards' CEO pay. But hold off on the standing ovation; the Obama era does not need a "Mission Accomplished" moment.

Despite Pay Czar's Cuts, Many Top Executives Have Already Left Bailed-Out Firms

washingtonpost.com | Tomoeh Murakami Tse and Brady Dennis | Posted 10.23.2009 | Business


The administration had tasked Kenneth Feinberg, the Treasury Department's special master on compensation, to evaluate the pay packages of 25 of the mo...

Citigroup Taxpayer Ownership Doesn't Prevent Lobbying

Bloomberg.com | Jonathan D. Salant and Lizzie O’Leary | Posted 10.23.2009 | Business


Citigroup Inc., which has yet to repay $45 billion in federal assistance, has more lobbyists than any other company who registered to try to shape leg...

Summers: Banks Are "Unintended Beneficiaries" Of The Bailout

The Huffington Post | Ryan McCarthy | Posted 11.02.2009 | Business


For Lawrence Summers, the president's economic adviser, the financial crisis is kind of like a military battle. Buried in this Wall Street Journal abo...

Zooming In On the Year's Biggest Hoax

Robert Scheer | Posted 10.21.2009 | Business


Robert Scheer

If only we could get one of the banking lobbyists or a Goldman Sachs executive to float away in a duct-taped flying saucer balloon, Wolf Blitzer and the rest of cable news might cover the real hoax.

Neil Barofsky: Bailout Helped But At A Great Cost

AP | JIM KUHNHENN | Posted 10.21.2009 | Business


WASHINGTON — The man who watches over the $700 billion in government money given to banks and other institutions to avert a financial collapse said ...