Tarp

Citigroup Taxpayer Ownership Doesn't Prevent Lobbying

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

Read More: Citigroup Tarp, Tarp, Congress, Bailout, Consumer Protections, Lobbyists, President Obama, Bank Lobbyists, Bank Bailout, Lobbyblog, Citigroup Lobyists, Citigroup, Business News

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...

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Summers: Banks Are "Unintended Beneficiaries" Of The Bailout

The Huffington Post | Ryan McCarthy | Posted 11.02.2009 | Business

Read More: Tarp, Wall Street, Bailout, Lending, Tim Geithner, Financial Crisis, Henry Paulson, Banks, Ben Bernanke, Obama, Credit Markets, Lawrence Summers, Fiscal Policy, Business News

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...

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Zooming In On the Year's Biggest Hoax

Robert Scheer | Posted 10.21.2009 | Business

Read More: Robert Scheer, Tarp, Timothy Geithner, Bailout, Goldman Sachs, Balloon Boy, Robert Rubin, Dick Gephardt, Business News
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.

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Neil Barofsky: Bailout Helped But At A Great Cost

AP | JIM KUHNHENN | Posted 10.21.2009 | Business

Read More: Tarp, Wall Street Bailout, Wall Street, Bailout, Economy, Economic Crisis, Financial Crisis, Neil Barofsky, Goverment Watchdogs, Economic Recovery, Business News

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

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Wall Street Bonuses: Four Questions

Jill Schlesinger | Posted 10.20.2009 | Business

Read More: Tarp, Pay Czar, Colbert Report, Wall Street Bonuses, Business News
Jill Schlesinger

How did some of these banks make so much money? You can thank the government. First and foremost, there was TARP funding.

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Wall Street and the US Government: Where's Jimmy Stewart When We Need Him?

Steven G. Brant | Posted 10.20.2009 | Politics

Read More: Chuck Schumer, Tarp, Wall Street Bailout, Barney Frank, Maureen Dowd, Chris Dodd, Dylan Ratigan, Frank Rich, Chris Matthews, Barack Obama, Goldman Sachs, Wall Street, Glenn Greenwald, Henry Paulson, Jimmy Carter, Timothy Geithner, Jimmy Stewart, Wall Street Bonuses, Ralph Nader, Mr. Smith Goes to Washington, Politics News
Steven G. Brant

With all the interest in the damage Wall Street has done, activity that's the opposite should draw some attention. But coverage of the corporate social responsibility movement is not yet an idea whose time has come.

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Was Goldman Worth Saving? Reuters

Reuters | Rolfe Winkler | Posted 10.15.2009 | Business

Read More: American Express, Citigroup, Goldman Sachs, Frannie-Mae, Freddie Mac, Morgan Stanley, Capital Purchase Program, Treasury, Tarp, Snl-Financial, Business News

Thirty-three TARP recipients missed a scheduled dividend payment to taxpayers last month, according to the Treasury Department, including 18 banks tha...

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Will Obama Save America From Capitalism?

David A. Love | Posted 10.15.2009 | Politics

Read More: Wall Street Bailout, Capitalism: A Love Story, Wall Street Crisis, Capitalism, Michael Moore, Economic Stimulus Package, Economic Crisis, Business News, Financial Crisis, Timothy Geithner, Tarp, Elizabeth Warren, Joseph Stiglitz, Citibank, Paul Krugman, Simon Johnson, Plutonomy, Bill Moyers, Citigroup, Income Inequality, Larry Summers, Wealth, Consumer Protection, Banking Crisis, Banks, Bank Bailout, Foreclosure, Health Care, Mortgage Crisis, Politics News
David A. Love

American-style capitalism is the system that gives you pilots buying groceries with food stamps and sheriffs throwing families out of their homes. President Obama, it's time for a "new" New Deal.

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Ryan Grim

Fannie, Freddie And Citi: The Rise Of The New Government-Sponsored Enterprise

HuffingtonPost.com | Ryan Grim | Posted 10.16.2009 | Business

Read More: Tarp, Government-Sponsored Enterprise, Bailouts, Gse, Wall Street, Business News

JPMorgan Chase: $3.6 billion in profits in the last quarter. Goldman Sachs: $3.03 billion. Analysts expect a string of sky-high profit announcements t...

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Wall Street Pay To Hit Record, Up 20 Percent Over '08: WSJ

AARON LUCCHETTI and STEPHEN GROCER | Posted 10.14.2009 | Business

Read More: Tarp, JPMorgan Chase, Goldman Sachs, Wall Street Pay, Wall Street, Wall Street Bonuses, Bank of America, Citigroup, Business News

Major U.S. banks and securities firms are on pace to pay their employees about $140 billion this year -- a record high that shows compensation is rebo...

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AIG Bonuses: Firm Paid $7,700 Retention Bonus To Kitchen Assistant

Posted 10.14.2009 | Business

Read More: Tarp, AIG Bailout, Aig, Kenneth Feinberg, Aig Bonuses, Robert Benmosche, Business News

AIG paid retention bonuses totaling more than $168 million to a wide array of employees in its financial products unit, including an assistant in a ki...

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TARP Deadbeats: 33 Firms Miss Dividend Payments

Reuters | Posted 10.12.2009 | Business

Read More: Tarp, Treasury Department, Fdic, SNL Financial, Cit, Citigroup, Business News

Thirty-three TARP recipients missed a scheduled dividend payment to taxpayers last month, according to the Treasury Department, including 18 banks tha...

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How The Middle Class Got Squeezed: Charles Hugh Smith

DailyFinance | Charles Hugh Smith | Posted 10.12.2009 | Business

Read More: Tarp, Elizabeth Warren, Middle Class Wages, Charles Hugh Smith, Middle Class, Globalization, Financial Innovation, Congressional Oversight Panel, Business News

The current recession has stoked deep-seated fears about a declining middle class. A great collective anxiety about such a decline has been floating a...

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Jason Linkins

Elizabeth Warren: "The Middle Class Is Under Terrific Assault"

HuffingtonPost.com | Jason Linkins | Posted 10.08.2009 | Business

Read More: Tarp, Elizabeth Warren, Video, Economic Crisis, Financial Crisis, Credit Crisis, Business News

Warren, who chairs the Congressional Oversight Panel, which makes her your last, best -- maybe only -- hope at getting the TARP money back, touches on several areas of enormous interest.

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ATM, Checking Fees Are Skyrocketing

newsweek.com | Daniel Gross | Posted 10.08.2009 | Business

Read More: Tarp, Bailout, Bank Fees, ATM Fees, Banks, Overdraft Fees, bankrate.com, Checking Fees, Business News

And how does the industry that has received so much largesse from taxpayers repay the public? By jacking up fees for basic services. According to Bank...

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34 Banks Don't Pay Their Quarterly TARP Dividends

USA Today | Pallavi Gogoi and Paul Wiseman | Posted 10.08.2009 | Business

Read More: Tarp Banks, Treasury, Banks, TARP Dividends, Tarp, Business News

The U.S. taxpayers' investments in smaller banks are increasingly at risk. In a sign that more banks are under great pressure from the recession, 34 ...

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United States Needs to Rethink How It Treats International Guests

Gary Shapiro | Posted 10.06.2009 | Business

Read More: Orlando, Angela Merkel, Pakistan, International Olympic Committee, Gary Shapiro, 2016 Summer Olympics, Obama, Rio Olympics, Ces, Visa, Germany, Las Vegas, Consumer Electronics Show, Cea, China, Tarp, Business News
Gary Shapiro

We make our trade show a world-class event, but our nation's visa policies work against us in attracting the world to our country.

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Wall Street: Too Big To Regulate

Garrett Johnson | Posted 10.06.2009 | Business

Read More: Wall Street Bailout, Financial Reform, Fdic, White House, Bank of America, Treasury Department, Hank Paulson, Willaim K. Black, Joseph Stiglitz, Nobel, Federal Reserve, Timothy Geithner, Public Private Investment Program, Thomas Hoenig, Sheila Bair, Tarp, Business News
Garrett Johnson

How can the Treasury, White House, and Congress be so tone deaf to calls to stop the massive give-away to the same people who got us into this mess?

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Sorkin On What Happened After Lehman

Robert Teitelman | Posted 10.05.2009 | Business

Read More: Lloyd Blankfein, Enron, Geithner, Business, Wachovia, Great Panic of 2008, Goldman Sachs, Bank of America, Merrill Lynch, JP Morgan, Morgan Stanley, Wall Street, Lehman Brothers, Media Maneuvers, Investment Bank, Andrew Ross Sorkin, Robert Teitelman, Ben Bernanke, Tarp, Timothy, Business News
Robert Teitelman

New York Times' reporter Andrew Ross Sorkin's excerpt microscopically examines the actions of some key regulatory and Wall Street players, in this case during the period immediately after Lehman failed.

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TARP Watchdog's Report: Treasury Misled Public On Bailouts

AP | MARTIN CRUTSINGER | Posted 10.05.2009 | Business

Read More: JP Morgan Chase, Tarp, Inspector General, Treasury Department, Geithner, Hank Paulson, Troubled Assets Relief Program, TARP Watchdog, Wells Fargo, Bailouts, Bank of America, Merrill Lynch, Wall Street, Finance, Barofsky, Neil M. Barofsky, Banks, Watchdog, Henry Paulson, Report, Timothy Geithner, Wachovia, Citigroup, Business News

WASHINGTON — The credibility of the government's $700 billion financial rescue program was damaged by claims a year ago that all of the initial bank...

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Government Pays Mortgage Servicers Billions, While Homeowners Suffer

McClatchy Newspapers | Chris Adams | Posted 10.04.2009 | Business

Read More: Treasury Department, Foreclosure Rates, Foreclosure Crisis, Banks, Bank of America, Recession, Mortgage Servicers, Lenders, Saxon Mortgage, Home Affordable Modification Program, CitiFinancial, Mortgage Modification, Unemployment, Foreclosure, HAMP, Gao, Treasury, Citi, Homeowners, Tarp, Economy, Government Accountability Office, Business News

WASHINGTON -- The federal government is engaged in a massive mortgage modification program that's on track to send billions in tax dollars to many of ...

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Friday Talking Points [96] -- The Impressiveness of Alan Grayson

Chris Weigant | Posted 12.02.2009 | Politics

Read More: 80, Chicago, Spiro Agnew, Eighty Percent, Reform, South America, Alan Grayson, DC City Council, Dc, Charles Schumer, Death Panel, Die Quickly, Grayson Transcript, William Safire, Floor Speech, Midotw, Sexual Harassment, Most Impressive Democrat of the Week, Don't Get Sick, Health Care, Kenneth Feinberg, Reid, Tarp, Abortion, Public Option, Grayson Speech, Democrat, Letterman, Congress, Pay Czar, Democrats, Barack Obama, Schumer, Mddotw, Child Rape, Health, Harry Reid, Vacation, Nixon, Bonuses, Polanski, Gay Marriage, Healthcare, Senate, David Catania, Ben Nelson, Cloture, President Obama, Sex Scandal, Washington, Filibuster, Moral Relativism, Obama, Democratic, Friday Talking Points, Grayson, Republican, Most Disappointing Democrat of the Week, Paranoid Delusions, Rio, Roman Polanski, Salaries, Rape, House, Copenhagen, Nelson, Consensual, Olympics, Wall Street, Chris Weigant, Sex, Columbus Day, Chuck Schumer, Executive Pay, Troubled Assets, David Letterman, Agnew, Safire, Feinberg, Catania, Politics News
Chris Weigant

First, let's get rid of the distractions this week. Chicago will not be getting the Olympics in 2016, even after President Obama went over to Copenha...

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Shahien Nasiripour

TARP Anniversary: By The Numbers

HuffingtonPost.com | Shahien Nasiripour | Posted 12.02.2009 | Business

Read More: Tarp, Goldman Sachs, Bailout, Bailout Anniversary, Wells Fargo, Bank of America, Banks, Financial Crisis, Aig, TARP Anniversary, Citigroup, Business News

In recognition of TARP's one-year anniversary, we're putting up some quick numbers for the HuffPost community to digest. The Emergency Economic Sta...

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10 Enormous Bailouts From The Financial Crisis: Who's The Least Deserving? (PHOTOS, POLL)

Posted 12.02.2009 | Business

Read More: Tarp, Goldman Sachs, Chrysler, Bailout, Wells Fargo, Slidepoll, Bank of America, Aig, Banks, Citigroup, Business News

Nearly a year has passed since Congress and former President Bush gave the Treasury Department the authority to distribute hundreds of billions of tax...

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Toxic Assets: Government's New Programs Aim To Buy Buy Banks' Bad Assets, Help Home Buyers

Washington Post | Renae Merle and David Cho | Posted 11.28.2009 | Business

Read More: White House, Finance, Tax Credits, Banks, Troubled Assets, Housing and Economic Recovery Act, Mortgages, Fannie Mae, Recession, Obama, Real Estate, Bad Assets, Geithner, Billions, Freddie Mac, Toxic Assets, Housing, Treasury, Lending, Tarp, Business News

The Obama administration is close to rolling out two initiatives aimed at addressing lingering problems from the financial crisis: A long-delayed effo...

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