Tarp Money

Enslaved by Our 401ks?

Les Leopold | Posted 08.28.2009 | Business


Les Leopold

I'm worried that we've locked ourselves into the stock market to such a degree that we'll allow nearly anything to happen on Wall Street as long as our pension funds and invested savings recover.

Why Goldman Still Owes Us

Marshall Auerback | Posted 08.27.2009 | Business


Marshall Auerback

They know exactly how to find leverage (no pun intended) and exploit it, and are frighteningly adept in negotiating strategy (as to what issues to run through what channels).

When Someone Says "Financial Innovation," Put Your Hand on Your Wallet

Les Leopold | Posted 08.21.2009 | Business


Les Leopold

The financial flack who came up with the phrase "financial innovation" deserves the Bernie Madoff Financial Engineering Prize of 2009 for the most outrageous fantasy finance concept of the year.

The Greening of Goldman Sachs

David Paul | Posted 08.16.2009 | Business


David Paul

The US economic turnaround may not be complete. The AIG turnaround may not be complete. The GM turnaround may not be complete. But Goldman Sachs is back.

Happy Days are Here Again! (Here = Wall Street)

Les Leopold | Posted 08.14.2009 | Business


Les Leopold

What did Goldman Sachs actually do that was useful for society, after having helped to drive our economy off a cliff? And why aren't our elected leaders doing something about it?

Redefining Chutzpah: Wall Street Using Bailout Money to Kill Financial Consumer Protection Agency

Les Leopold | Posted 08.01.2009 | Business


Les Leopold

With a straight face, the captains of Wall Street like are telling us that they don't need to be heavily regulated -- that regulations will kill innovation and stifle consumer choice.

Does the Chamber of Commerce Think We're Stupid?

Les Leopold | Posted 07.27.2009 | Business


Les Leopold

We all need instruction on how to save our vibrant free-enterprise economy from the ravages of Wall Street.

Fear and Looting in America: Is President Obama a Financial Wimp?

Les Leopold | Posted 07.25.2009 | Business


Les Leopold

We cannot thrive or even survive in an economy that only moves money around instead of producing tangible goods and services.

Arthur Delaney

TARP Concerns Dog Geithner On The Hill

HuffingtonPost.com | Arthur Delaney | Posted 07.19.2009 | Business


Treasury Secretary Timothy Geithner appeared before a Senate committee Thursday to talk up the Obama administration's proposed reforms for regulation ...

Arthur Delaney

Hatch, Lincoln Introduce Bill To Ban TARP Recycling

HuffingtonPost.com | Arthur Delaney | Posted 07.16.2009 | Politics


As ten of the nation's biggest banks gear up to repay $68 billion in taxpayer bailout dollars, Congress is battling the Obama administration over what...

Left, Right & Center: Iran, Big Bank Payback, and Healthcare

Huff Radio | Posted 07.13.2009 | Politics


Huff Radio

There's a big turnout for elections in Iran; will it change anything? Are banks REALLY ready to pay back their TARP money and on healthcare, will a public plan option become a reality?

Elizabeth Warren: TARP Repayment, More Stress Tests and a Fall off the Pedestal

Jill Schlesinger | Posted 07.11.2009 | Business


Jill Schlesinger

This morning, Ms. Warren fell off the pedestal on which I had placed her.

Is JPMorgan a Bank or a Government-Funded Casino?

Raymond J. Learsy | Posted 07.10.2009 | Business


Raymond J. Learsy

There is nothing wrong with a world-class bank helping in the financing of trade. But when the bank itself becomes the principal, the next financial crisis is not far around the corner.

The Greatest Swindle Ever Sold

Andy Kroll | Posted 06.26.2009 | Business


Andy Kroll

It's not your health that the government is focused on, it's theirs -- the very banks whose convoluted financial systems brought us to the brink of another Great Depression.

Arthur Delaney

Geithner's "Incredible" New Justification For Recycling Bailout Money (VIDEO)

HuffingtonPost.com | Arthur Delaney | Posted 06.22.2009 | Politics


Treasury Secretary Timothy Geithner said on Thursday that he has "no plans to request additional funding" for the $700 billion Troubled Asset Relief P...

Arthur Delaney and Ryan Grim

Barney Frank: TARP Recycling Okay If Money Goes To Small Banks

HuffingtonPost.com | Arthur Delaney and Ryan Grim | Posted 06.19.2009 | Politics


Now that some bailout recipients have begun sending checks back to the Treasury Department, the question has become: Whose money is that? Deficit haw...

Arthur Delaney

Geithner Plans To Give Recycled TARP Money To Small Banks

HuffingtonPost.com | Arthur Delaney | Posted 06.13.2009 | Politics


Treasury Secretary Timothy Geithner announced Wednesday morning that the Treasury Department plans to give small banks access to bailout funds returne...

Unmasking The TARP Wife

New York Magazine | Jessica Pressler | Posted 05.22.2009 | Business


What's fun about reading the sundry "I Used To Be Rich" stories appearing in various publications is that the heroines -- and the writers of these sto...

TARP Wife Confesses All

Portfolio | Posted 05.22.2009 | Business


I am a TARP wife. In keeping with the unwritten code of this new sisterhood, I have taken a vow of financial abstinence. I returned the presents my...

Bankers Balk at Fees

Tom Pappalardo | Posted 05.22.2009 | Business


Tom Pappalardo

Can you imagine being stuck on a lifeboat in the middle of the ocean with these bankers and suddenly you get ill and need more water than what has been allotted to everyone?

A Call For Questions For Timothy Geithner

Richard H. Neiman | Posted 05.21.2009 | Politics


Richard H. Neiman

I am one of the five members of the Congressional Oversight Panel for TARP, and I would like the people who are living with this recession to get a chance to ask their questions to Geithner.

US To Put Conditions On TARP Repayment

Reuters | Posted 05.20.2009 | Business


Strong banks will be allowed to repay federal bailout funds, but only if such a move passes a test to determine whether it is in the national economic...

Treasury says bank lending declined in February

AP | MARTIN CRUTSINGER | Posted 05.16.2009 | Business


WASHINGTON — Bank lending to consumers and businesses for many types of loans fell in February despite the billions of dollars in government sup...

The Problems of Nationalizing the Banks Remain

Hale "Bonddad" Stewart | Posted 05.13.2009 | Business


Hale

Asking a bank which prudently managed its risk to now kick that prudence to the curb because it took TARP money sets a politically dangerous precedent.

TARP Recipients Must Modify Loans: HUD

bloomberg.com | Dawn Kopecki and Peter Cook | Posted 05.10.2009 | Business


April 9 (Bloomberg) -- Banks receiving federal aid through the U.S. Troubled Asset Relief Program must also take part in the government's mortgage mod...