Tarp Money

TARP Recipients Testifying For Congressmen They Bankrolled

Open Secrets | Posted 03.14.2009 | Politics


The eight CEOs testifying Wednesday before the House Financial Services Committee about how their companies are using billions of dollars in bailout f...

Not for Nothing: Reforming TARP Compensation

Nancy Lublin | Posted 03.09.2009 | Politics


Nancy Lublin

Maybe we can learn from the not-for-profit sector. I believe companies who take funds from TARP should adopt the executive compensation policies of the charitable world.

Open Letter to My Mortgage Companies

Francine Hardaway | Posted 03.09.2009 | Business


Francine Hardaway

No, I don't want to move in with my daughters. I want to ask you to re-finance my mortgage at the current value of my house at a 4.2% rate, like everyone in Congress is suggesting.

Citi, Eight Others Lavish $872 Million On Sports Stadiums

Josh Fineman and Danielle Sessa | Posted 03.08.2009 | Business


Feb. 5 (Bloomberg) -- Citigroup Inc., targeted by lawmakers for paying $400 million to put its name on the New York Mets' new ballpark, and eight othe...

Bankers, Open Your Vaults!

Chip Conley | Posted 03.07.2009 | Business


Chip Conley

Maybe the bankers at B of A could learn a few things from a history lesson about the roots of their institution. Their bank was one of the few able to provide loans in post-earthquake San Francisco.

Key Democrat Slams Stimulus, Predicts More Bailouts

The Hill | Posted 02.27.2009 | Politics


A key Democrat on Tuesday lambasted the economic stimulus bill that is headed to the House floor, claiming it was put together too quickly and won't h...

Citigroup Caves To Obama: Abandons $50M Plane Purchase

ABC | Posted 02.27.2009 | Politics


The high-flying execs at Citigroup caved under pressure from President Obama and decided today to abandon plans for a luxurious new $50 million corpor...

The Banks Have Stolen Enough; It's Time to Take Them Over

Dean Baker | Posted 02.25.2009 | Business


Dean Baker

These executives bankrupted their banks and brought the economy down with them. They belong in an unemployment line, not collecting multi-million dollar paychecks in their designer office suites.

Your TARP Money is Being Used to Prop Up the Price of Oil

Raymond J. Learsy | Posted 02.23.2009 | Business


Raymond J. Learsy

No, it's not about your local gas station not getting a loan from its bank to keep it in business. It is far more insidious. It's about hundreds of millions of TARP dollars being spent on oil speculation.

House Rejects Obama's Request For Rest Of TARP

AP | JIM KUHNHENN | Posted 02.22.2009 | Politics


WASHINGTON — The House expressed its bipartisan anger over a massive financial bailout package Thursday as the Obama administration undertook to...

What Today's Bailout Vote Says About the New Senate

David Sirota | Posted 02.15.2009 | Politics


David Sirota

What we've learned from today's bailout vote is that lots of our new senators - even those who campaigned as populists - are already under the spell of "the most exclusive club in the world."

Emanuel Replacement Race: Geoghegan, Quigley Criticize TARP Implementation

Progress Illinois | Josh Kalven | Posted 02.15.2009 | Chicago


Tom Geoghegan rolled out an online petition yesterday to "end the era of blank check bailouts." Specifically, it urges Congress to attach three common...

Obama's First Vote: $350 Bailout Funds

AP | JIM KUHNHENN | Posted 02.15.2009 | Politics


WASHINGTON — Seeking an early legislative victory, President-elect Barack Obama prevailed Thursday despite eroding Senate support for the financ...

Bailout Opposition Mounts as Obama Requests Funds

ProPublica | Posted 02.13.2009 | Business


ProPublica

Given widespread criticism from both right and left over how the Bush administration has handled the first $350 billion, opposition is to be expected.

Sam Stein

Dems Fear Bush Will Tie Obama's Hands On TARP

HuffingtonPost.com | Sam Stein | Posted 02.07.2009 | Politics


There is increasingly anxiety among members of Congress and fiscal watchdogs over the handling of the Troubled Asset Relief Program by the Bush admini...

A Pundit's Christmas!

Joanne Bamberger | Posted 01.25.2009 | Media


Joanne Bamberger

Even cookie baking is a little different when politics are involved! Happy and merry whatever you celebrate! And I will never reveal the true iden...

Show Me the Money

Mark Winston Griffith | Posted 01.24.2009 | Business


Mark Winston Griffith

The fact that no banks receiving TARP funds provided the Associated Press with specific answers on what they spent the money on is a giant middle finger to the American taxpayer.

Dear Abby, my economy's been cheating on me

Deepak Chopra | Posted 01.22.2009 | Home


Deepak Chopra

The shock is in the statistics. For the months of September and October, consumer confidence fell lower than at any time since it's been measured, goi...

Congress To Force Bush, Obama To Use Remaining Bailout Money To Aid Homeowners Facing Foreclosure

Bloomberg | Alison Vekshin | Posted 01.21.2009 | Politics


Congress will use the remaining $350 billion in a U.S. bank-rescue package to force the Bush administration and President-elect Barack Obama into prov...

AIG Gets $40 Billion Injection From Treasury

Reuters | Posted 12.26.2008 | Business


American International Group Inc says it has completed completed a $40 billion preferred stock sale to the U.S. Department of Treasury under TARP. ...