Tarp

Bailed-Out Banks Making Profits -- For Taxpayers

Chris Weigant | Posted 10.16.2009 | Politics


Chris Weigant

Money wasn't just "given" to Wall Street firms. It bought something of value. And now that the firms (and the market in general) are recovering, they're starting to pay it back. With interest.

Shahien Nasiripour

Percent Of Money-Losing Banks Set An All-Time High In Second Quarter

HuffingtonPost.com | Shahien Nasiripour | Posted 10.16.2009 | Business


The percent of banks that lost money last quarter set an all-time high, according to the Federal Deposit Insurance Corporation. More than 28 percent ...

The U.S. Government Made Money?

Jill Schlesinger | Posted 10.16.2009 | Business


Jill Schlesinger

Whether you believe that Paulson was was a bully or a hero, the results of the initial TARP paybacks must give him some solace.

The Economy: Cycling Along With the Training Wheels On

Michael de Portu | Posted 09.28.2009 | Business


Michael de Portu

Some observers ask whether we are in 1929 or 1932. The good news is that the world is so different today, we are probably in neither. The globe has 6 billion inhabitants with that much more potential for instability.

Squandered Honeymoon: How Botched Bailouts Hamper Healthcare Reform

Rob Johnson | Posted 09.27.2009 | Business


Rob Johnson

Our president is now in a place, as Martha Reeves once sang, with Nowhere to Run and Nowhere to Hide. Having fumbled on finance, he must show the American people why we elected him, or be at risk of losing his job.

The Bonuses and the Damage They Do

Dave Johnson | Posted 09.26.2009 | Business


Dave Johnson

This is a story we know too well: Wall Street vs. Main Street. Irresponsible behavior leads to bonuses for the former while working hard and playing by the rules leads to unemployment and foreclosure for the latter.

Bernanke Has Earned A Second Term

Hale "Bonddad" Stewart | Posted 09.25.2009 | Business


Hale

On September 18 of last year, the U.S. was literally hours away from a financial meltdown. Bernanke was instrumental in preventing it. He should be appointed for another term.

Why the Senate Should Confirm Bernanke But Make the Fed More Accountable, Too

Robert Reich | Posted 09.25.2009 | Business


Robert Reich

If you'd have asked me three months ago whether Bernanke would be confirmed, I'd have said no. Congress (and much of the public) is still furious about the bank bailouts, as well they should be.

Citigroup's Asset Guarantees to Be Audited by TARP

bloomberg.com | Posted 09.19.2009 | Business


Citigroup Inc.'s $301 billion of federal asset guarantees, extended by the U.S. last year to help save the bank from collapse, will be audited to calc...

America's Japanese-Style Banking Crisis: Billions In Bad Debts

Rolfe Winkler | Posted 09.17.2009 | Business


A banking system loaded down with hundreds of billions of dollars worth of unrecognized bad debt -- Japan in the 1990s? No, it's the United States tod...

Benmosche, New AIG CEO Will Get $7M Annual Salary

foxbusiness.com | Posted 09.17.2009 | Business


SAN FRANCISCO -- American International Group said Monday that it agreed to pay new Chief Executive Robert Benmosche an annual salary of $7 million. T...

From Death Panel to Death Spiral

Jeff Schweitzer | Posted 09.17.2009 | Politics


Jeff Schweitzer

The GOP is not the party of small government and lower taxes. They are the Party of borrow and spend, big government and sex scandals.

The Triumph of Symbolism over Substance

Tom Morris | Posted 09.12.2009 | Home


Tom Morris

To favor symbolism over substance is to allow the proverbial tail to wag the aphoristic dog. And that's never a good idea.

Debtor's Revolt?

Marshall Auerback | Posted 09.12.2009 | Business


Marshall Auerback

Once all the TARPs are tidied up and the quarterly profits no longer a revelation, American consumers will still be swaddled in debt. What's to stop them from just walking away from it?

Pop Goes The Compensation Bubble

Harry Moroz | Posted 09.12.2009 | Politics


Harry Moroz

Doubts about the federal government's ability -- and willingness -- to reign in excessive executive compensation have persisted since October of last year. Now, the tables have turned.

AIG Bailout Enters New Phase -- With "Even More Generous Payments For Some Banks"

New York Times | Posted 09.12.2009 | Business


The bailout of the American International Group has entered another phase -- one that includes even more generous payments for some banks....

Elizabeth Warren Talks Toxic Assets On MSNBC (VIDEO)

Posted 09.12.2009 | Business


Elizabeth Warren, the chair of the Congressional Oversight Panel charged with monitoring the bank bailout, appeared on MSNBC this morning to talk toxi...

Health Care Ruckus Drives Financial Collapse out of the Headlines

Francine Hardaway | Posted 09.12.2009 | Business


Francine Hardaway

Let's put our eye back on the ball. Focus on ourselves. Let the banks fail, but the people succeed. Survive the re-set in the economy, which I believe is permanent, by getting in shape.

Letting the Banking Rats Out of the Bag

Robert Scheer | Posted 09.11.2009 | Business


Robert Scheer

Why has it been left to one stellar judge to sound the alarm on Bank of America and Merrill Lynch, and why is Congress and the Obama administration looking the other way?

Where Is The Bank Bailout Money Going? (VIDEO)

Posted 11.04.2009 | Business


Where exactly is all of the bailout money going? Today, McClatchy addresses growing concerns over the lack of true oversight in government's enormous ...

Manufactured Protesters Are Killing Democracy

Shannyn Moore | Posted 09.07.2009 | Politics


Shannyn Moore

The "Tea Party" movement flies in the face of what the true patriots in Boston stood for. Corporate lobbying-run groups are creating the illusion of grass roots protests at the health care town hall meetings.

Stiglitz: U.S. Economy Needs Another Stimulus Package

The Globe and Mail | Joseph Stiglitz | Posted 09.07.2009 | Business


The green shoots of economic recovery that many people spied this spring have turned brown, prompting concerns about whether the policy of jump-starti...

Morgan Stanley Shortchanged Taxpayer By $400M: Report

businessinsider.com | John Carney | Posted 09.06.2009 | Business


This morning Morgan Stanley said it paid $950 million to repurchase warrants issued to the government as part of last fall's bank bailout program. So ...

The Public Option in Banking: How We Can Beat Wall Street at Its Own Game

Ellen Brown | Posted 09.05.2009 | Business


Ellen Brown

Many people feel that some bankers are thieves stealing from the public till and should be looking at jail time. But who is there to stop their parade of outrages?

TARP Will Likely Be A Money-Loser For Taxpayers: Fortune

Fortune | Allan Sloan, Senior Editor at Large | Posted 09.05.2009 | Business


NEW YORK (Fortune) -- One of the things they teach in Successful Investing 101 is to cut your losses short and let your winnings run. But when it come...