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Tarp Money

Treasury says bank lending declined in February

AP | MARTIN CRUTSINGER | Posted 05.16.2009 | Business

Read More: Tarp Banks, Tarp, Bailout Outrage, Banks, Tarp Banks Lending, Banks Leding, Banks TARP, TARP Money, Business News

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

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The Problems of Nationalizing the Banks Remain

Hale "Bonddad" Stewart | Posted 05.13.2009 | Business

Read More: Economy, Tarp, JP Morgan, Chrysler, TARP Money, Bank Nationalization, Banks, Business News
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.

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TARP Recipients Must Modify Loans: HUD

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

Read More: Tarp Banks, Tarp, Restrictions Tarp, Tarp Restrictions, Banks TARP, TARP Money, TARP Rules, Business News

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...

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David Frum: Bank CEOs Still In Denial About Bailout

New Majority | Posted 05.07.2009 | Politics

Read More: Tarp, Banks, Banking Crisis, Tarp Funds, TARP Money, Politics News

If the Politico report is to be believed, some of the bank CEOs who met with President Obama last week actually used some of their scarce time to defe...

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Detroit Gets 10% of What AIG Already Has Received from TARP

Steve Parker | Posted 04.17.2009 | Business

Read More: Europe, Congress, President Obama, Representative Sandy Levin, Chicago, TARP Money, Captive Imports, Detroit Three, Walter Reuther, Cars, Washington DC, Asia, American International Group, Joe Kennedy, Charles Ponzi, Yale Galanter, Ford Motor Co, Fdr, Chrysler, Aig, Tom Wolfe, Senate, Senator Carl Levin, Harvard University, Wall Street, General Motors, Uaw, Masters of the Universe, US Chamber of Commerce, Franklin Delano Roosevelt, Business News
Steve Parker

Why does Detroit get only 10% of what the banks and Wall Street have been loaned?

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Ryan Grim

Dems Fear AIG Greed Could Imperil Global Recovery Effort

HuffingtonPost.com | Ryan Grim | Posted 04.17.2009 | Politics

Read More: Tarp, Treasury Department, TARP Money, Patrick Leahy, Aig Bonuses, Dick Durbin, Barney Frank, AIG Bailout, Aig, Obama TARP, Barack Obama, Steny Hoyer, Bailout, American Insurance Group, Timothy Geithner, Aig Federal Bailouts, AIG Scandal, Bonus Outrage, Politics News

In hoping to prevent a global economic collapse, Congress and the president have had to walk a fine line. On one side is bubbling populist rage at fai...

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How to Stop AIG's Bonuses

Bill Black, Tom Ferguson, Rob Johnson, Walker Todd | Posted 04.16.2009 | Business

Read More: Tarp, TARP Money, Aig Bonuses, Office of Thrift Supervision, AIG Bailout, CEO Bonuses, Aig, Sec, Bonuses, Wall Street Bonuses, Obama Tarp Money, Edward Liddy, William Black, Business News
Bill Black, Tom Ferguson, Rob Johnson, Walker Todd

Today the task is to stop a grotesque abuse before it is too late. The path we outline here would do it, without throwing markets into turmoil.

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Dear Barney Frank: Sponsorship Policies for Bailed Out Banks

Patricia Martin | Posted 04.10.2009 | Chicago

Read More: Corporate Philanthropy, Tarp, Philanthropy, Northern Trust, TARP Money, Corporate Sponsorship, Nascar, Barney Frank, Marketing, Northern Trust Bailout, Bank of America, Northern Trust Golf Tournament, Rick Waddell, Bailout Bandits, Chicago News
Patricia Martin

I salute your questioning Northern Trust, Mr. Frank. But who will get around to investigating Bank of America's pricey deals with NASCAR? And the next deal after that?

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ExxonMobil -- Their "Hydrogen Plan" for Us

Steve Parker | Posted 04.09.2009 | Green

Read More: Charlie Rose, Wal-Mart, Ford Fusion Hybrid, TARP Money, Scion xB, Barney Frank, Cars, Detroit Auto Show, Oil Companies, Barack Obama, ExxonMobil Corporation, Grant Park, Pga Tour, Sheryl Crow, Chevrolet Volt, Northern Trust, Nissan Cube, Wall Street, Chevy Malibu Hybrid, Earth Wind and Fire, Hydrogen Fuel Cell, Toyota Motor Corp, Banks, Cadillac Converj, Allard Lowenstein, Detroit Bailout, Ritz Carlton, Green News
Steve Parker

Between Wall Street and the banks and the oil companies, and saving Detroit, which has been going out of business on a daily basis for 35 years, is there some way we aren't getting screwed?

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Banks Declining TARP Funds, $2 Billion Turned Down

bailoutsleuth.com | Avi Klein on February 27, 2009 4:01 PM | Posted 04.06.2009 | Home

Read More: Tarp Banks, Tarp, Tarp Bailout, Community Banks, TARP Money, Tarp Community Banks, Banks, Banks-Tarp, Community Banks Tarp, Tarp Funds, Home News

German American Bancorp Inc. said this week it would turn down $25 million in taxpayer capital from the Treasury Department and raise funds through a ...

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Bernanke is Testy: AIG is FUBAR

Michael B. Laskoff | Posted 04.03.2009 | Business

Read More: Aig, Hedge Funds, TARP Money, American Insurance Group, Jim Bunning, Federal Reserve, Ben Bernanke, Alan Greenspan, Insurance Companies, Business News
Michael B. Laskoff

Let's all try to be a little nicer to Chairman Bernanke who appears to be we earnestly bent on trying to save all our butts, blue and red alike.

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Compared to AIG? He's Doing Better All the Time!

Rick Horowitz | Posted 04.03.2009 | Business

Read More: Hank Paulson, Larry Summers, Obama Administration, A.I.G., American International Group, Bailout, TARP Money, Barack Obama, Lawrence Summers, Maurice Greenberg, Aig, Wall Street, Tim Geithner, Bush Administration, Henry Paulson, Timothy Geithner, Edward Liddy, Tarp, Department of Treasury, Business News
Rick Horowitz

I don't want to sound like I'm bragging or anything, but I thought you ought to know: In the last quarter of 2008, I outperformed AIG by 61 billion dollars.

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Edward Liddy, Come Back to Earth

Rep. Elijah Cummings | Posted 04.02.2009 | Business

Read More: Elijah Cummings, Aig, Bailout Money, Bailout, TARP Money, Elijah Cummings Aig, Edward Liddy, Obama Tarp Money, Business News
Rep. Elijah Cummings

There are still too many unanswered questions about how AIG spent its first portion of TARP assistance. We cannot allow the pattern of deception by this company to continue.

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Sununu Has Conflicting Interests Between TARP Oversight And Bank Board Membership

Talking Points Memo | Posted 04.02.2009 | Politics

Read More: Tarp, Sununu, John Sununu, Senator John Sununu, TARP Money, Bank of New York Mellon, Politics News

John Sununu, who serves on the Congressional Oversight Panel monitoring the government's bailout program, has joined the board of a subsidiary to Bank...

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Iberiabank Gives Back TARP Funds, Among The First To Do So

Huffington Post | Julie Satow | Posted 03.30.2009 | Business

Read More: Tarp, Iberia Bank, Cpp, Iberiabank, Community Banks, TARP Money, Capital Purchase Program, Business News

Iberiabank is giving back its TARP funds, one of the first banks to do so. Iberiabank had accessed nearly $91 million via the government's Capital P...

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Citibank Hates Old People

Mena Trott | Posted 03.29.2009 | Business

Read More: Interest Rates, Tarp, Elderly, TARP Money, Economy, Economic Crisis, Credit Crisis, Credit Card Debt, Credit Cards, Credit Crunch, US Economy, Vikram Pandit, Bailout, Banking, Citibank, Banks, Bank Bailout, Citigroup, Business News
Mena Trott

During the election there was a lot of talk of not using a hatchet when a scalpel is needed. It seems as if Citibank just brought out their hacksaw and blunt hatchet.

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Community Banks: TARP Is Not A Bailout

Huffington Post | Julie Satow | Posted 03.26.2009 | Business

Read More: TARP Money, Community Banks, Capital Purchase Program, Community Banks Capital Purchase Program, Regional Banks Bailout, TARP Capital Purchase Program, Bank Bailout, Community Banks Bailout, Tarp, Regional Banks, Cpp, Housing Bailout, Tarp Funds, Simple Explanations of the Bank Bailout, Business News

UPDATE: Iberiabank is first bank to return TARP funds it accessed via the CPP program. As Citigroup takes a step closer to nationalization and atten...

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Herbert Hoover Copycat: How the Current Financial Rescue Schemes are Following Hoover's Failed Model

Ismael Hossein-zadeh | Posted 03.23.2009 | Politics

Read More: Tarp, Wall Street Lobby, Economic Stimulus Package, Wall Street, Obama Bush, TARP Money, Tim Geithner, Bank Crisis, Larry Summers, Banks, Timothy Geithner, Lawrence Summers, Politics News
Ismael Hossein-zadeh

The deepening and protraction of the crisis is largely due to policy makers' subservience to the interests of Wall Street gamblers -- shirking their responsibility to protect people's interests.

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Alan Greenspan: Economy Worst Since 1930s, Tarp Insufficient, Supports Bank Nationalization

Huffington Post | Posted 03.21.2009 | Business

Read More: Greenspan and Mortgage Crisis, Tarp, U.S. Economy, TARP Money, Economy, Greenspan, Alan Greenspan, Greenspan Economy, Bank Nationalization, Business News

Former U.S. Federal Reserve Chairman Alan Greenspan said on Tuesday that the global recession will "surely be the longest and deepest" since the 1930s...

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Freedom Watch Is Back: Right-Wing Group Sues For TARP Details

The Hill | Posted 03.19.2009 | Politics

Read More: Tarp, Tarp Bailout, TARP and Auto Bailout, TARP Oversight, TARP Money, TARP Overseer, Obama TARP, Tarp Funds, Freedom Watch, Politics News

A conservative legal group is suing the Treasury Department and the Federal Reserve to reveal exactly how the first $350 billion of the financial serv...

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TARP, Octuplets and the Triumph of the Mediocre

Steven Weber | Posted 03.15.2009 | Business

Read More: Tarp, Nadya Suleman, Mediocre, Mediocrity, TARP Money, Barack Obama, Suleman Octuplets, Business News
Steven Weber

American culture, having had its higher ambitions whittled down most notably during the Bush years, perpetuates messages which teach us that it's okay, indeed preferable, to be downright mediocre.

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Executive Pay Caps Cut Out Of Stimulus Compromise: WaPo

Washington Post | Posted 03.15.2009 | Politics

Read More: Tarp, Goldman Sachs, Merrill Lynch, Wall Street CEOs, Morgan Stanley, Executive Pay, TARP Money, Wells Fargo, Ceos, Bank of America, Obama Executive Pay, Executive Compensation, Politics News

Congressional efforts to impose stringent restrictions on executive compensation appeared to be evaporating yesterday as House and Senate negotiators ...

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Nate Silver: Give Geithner A Break

FiveThirtyEight | Posted 03.14.2009 | Politics

Read More: Tarp, Treasury Department, TARP Money, Tim Geithner, Obama Treasury Secretary, Timothy Geithner, Obama TARP, Treasury Secretary, Obama Tarp Money, Politics News

I don't think he did well yesterday. I don't know that he's the right guy for the job. But what I do know is the following: 1. Nobody, absolutely nob...

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Las Vegas Mayor: Obama Should Apologize To Us

AP | OSKAR GARCIA | Posted 03.14.2009 | Politics

Read More: Tarp, Goldman Sachs, Wall Street CEOs, Oscar Goodman, TARP Money, Wells Fargo, Ceos, Las Vegas Mayor Oscar Goodman, Obama TARP, Las Vegas, Barack Obama, Politics News

LAS VEGAS — Sin City's mayor wants President Barack Obama to apologize for saying companies shouldn't visit Las Vegas on the taxpayer's dime. O...

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GOP Sen. Shelby: Geithner "Wasted" Senate's Time

CBS | Posted 03.14.2009 | Politics

Read More: Tarp, Tim Geithner Bailout, Geithner, Timothy Geithner Treasury Secretary, Senate Finance Committee, Sen. Richard Shelby, TARP Money, Tim Geithner, Geithner Bailout, Timothy Geithner, Richard Shelby, Obama TARP, Politics News

Republican Sen. Richard Shelby of Alabama, the top Republican on the Senate Banking Committee, on Wednesday lambasted Treasury Secretary Tim Geithner'...

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