Tarp

Are Bank Executives Really Stuck in the Fog?

Rep. Edolphus Towns | Posted 12.16.2009 | Politics

Read More: Tarp, Banks, Wall Street, Bailout, Barack Obama, President Obama, Lending Crisis, JPMorgan Chase, Goldman Sachs, Citigroup, Politics News
Rep. Edolphus Towns

Common sense should have told these gentlemen that when the President of the United States summons you to the White House, you check the weather ahead of time and plan accordingly.

Read Post

Despite TARP Repayments, Banks Are Still Sustained By Government Money

The Business Insider | John Carney | Posted 12.15.2009 | Business

Read More: TARP Repayments, Government Bailout, Wall Street, Major Banks, Banks, Federal Reserve, MBS Purchases, Tarp, Business News

Despite the massive repayments of TARP money coming from our biggest banks, the financial system is still very much dependent on the rescue operations...

Read Whole Story

GM CEO: We'll Repay The Government By The End Of June

AP | TOM KRISHER | Posted 12.15.2009 | Business

Read More: General Motors, Gm, Fritz Henderson, Auto Bailout, Tarp, Detroit, Ed Whitacre Jr., Business News

DETROIT — At his first meeting with General Motors' top executives after being named chairman last summer, Edward Whitacre Jr. candidly, perhaps...

Read Whole Story

Pass Financial Regulatory Reform - Then Break Up the Big Wall Street Banks

Robert Creamer | Posted 12.15.2009 | Politics

Read More: Pelosi, Americans for Financial Reform, Wall Street Bonuses, Financial Regulatory Reform, Frank, Wall Street Bail Out, Break Up Big Banks, Wall Street Banks, Obama, Tarp, Breaking News, Politics News
Robert Creamer

With no regard for history -- and here I mean the events of only 12 months ago -- the Republicans and Big Banks have the audacity to contend that the creation of jobs requires the lowest levels of regulation possible.

Read Post

Bailout Payback: Wells Fargo, Citigroup Repay $45 Billion In TARP Funds

AP | Posted 12.15.2009 | Business

Read More: Tarp, Bailout, Bank Bailout, Wells Fargo, Citi, Citigroup, Banks, Payment, TARP Repayment, Repayment, Business News

SAN FRANCISCO — Wells Fargo plans to sell $10.4 billion in new stock to help repay all $25 billion in bailout aid it received from the governmen...

Read Whole Story

Peter Morici: Obama May Denounce Giant Bonuses But He "Takes Care Of" His Wall Street "Friends"

Seeking Alpha | Posted 12.14.2009 | Business

Read More: Tarp, Christina Romer, Peter Morici, United Kingdom, Health Care Reform, Health Insurance Industry, Financial Crisis, Bank Bonuses, Barack Obama, Business News

In Britain, the Prime Minister is imposing a special one-time claw back tax that will take 50 percent of bankers bonuses. In America, the bankers ge...

Read Whole Story

Buzzwords For 2010: Which Words Will Catch On Next Year?

Posted 12.14.2009 | Business

Read More: Tarp, 401(K), Buycott, New Normal, Buzzwords, Energy Efficiency, Energy Diet, Slidepoll, Deficit Neutral, Energy Dieting, 201k, Deleb, Buzzwords 2010, Detarp, Business News

Last year, JWT trendspotter Ann Mack predicted a number of words she expected to enter the 2009 lexicon -- and some were more successful than others....

Read Whole Story

Obama Meets With Bank Executives

AP | TOM RAUM | Posted 12.14.2009 | Business

Read More: Tarp, Goldman Sachs, Jpmorgan, Consumer Financial Protection Agency, Consumer Protection Agency, Obama, Bank Executives, Bank of Americam Morgan Stanley, Citigroup, Business News

WASHINGTON — President Barack Obama implored top bankers Monday to help keep the fragile recovery from faltering by boosting lending to small bu...

Read Whole Story

Citigroup To Repay $20 Billion In TARP Bailout Money

AP | BY STEPHEN BERNARD | Posted 12.14.2009 | Business

Read More: Tarp, Geithner, New York, Chase, Paulson, Tim Geithner, Ben Bernanke, Citi, Palin Gop @Y:US-News, Bailout, Jpmorgan, Treasury, Bernanke, Financial Crisis, Banks, Hank Paulson, Wall Street, Citigroup, Business News

NEW YORK — Citigroup Inc. and Wells Fargo & Co. said Monday they would repay their government bailout loans, freeing them from close regulatory ...

Read Whole Story

Obama's Next Economic Push To Be Staged At Home Depot

Posted 12.13.2009 | Politics

Read More: Small Businesses, Tarp, Energy, Home Retrofitting Proposal, Economy, Home Depot Obama Discussion, Clean Energy, Obama, Obama Home Depot, Tarp Funds, Home Depot, Politics News

The White House announced on Saturday that President Obama will be hosting a discussion about his new home retrofitting proposal at a Home Depot store...

Read Whole Story

Obama: I Didn't Run For Office To Help 'Fat Cat Bankers'

Posted 12.11.2009 | Politics

Read More: Tarp, Obama 60 Minutes, Lobbying, Afghanistan, Bailouts, Financial Reform, Obama, Steve Kroft, Obama Interview, House, Senate, Bailout, 60 Minutes, Financial Crisis, Banks, Bonuses, Wall Street Bonuses, Wall Street, Politics News

President Obama takes aim at "fat cat bankers" and their aggressive lobbying efforts to defeat financial reform in an upcoming 60 Minutes interview se...

Read Whole Story

JPMorgan Bailout Repayment Completed With $936M Sale Of Warrants

AP | MARTIN CRUTSINGER | Posted 12.11.2009 | Business

Read More: Jpmorgan, Bailout, Wall Street Bailout, Tarp, Treasury Department, Business News

WASHINGTON — The Treasury Department has received $936.1 million in the sale of warrants it had received from JPMorgan Chase & Co. as part of th...

Read Whole Story

Elizabeth Warren Talks Death Of The Middle Class On Morning Joe (VIDEO)

Posted 12.11.2009 | Politics

Read More: Tarp, Morning Joe, Elizabeth Warren, Middle Class, Mika Brzezinski, Congressional Oversight Panel, Politics News

Elizabeth Warren, chair of the Congressional Oversight Panel created to monitor TARP and a Huffington Post blogger, appeared on MSNBC's Morning Joe ea...

Read Whole Story

Matt Taibbi On "Colbert Report": Wall Street Is 'One Ponzi Scheme After Another' (VIDEO)

Huffington Post | Grace Kiser | Posted 12.11.2009 | Business

Read More: Tarp, Dot-Com Bust, Stephen Colbert, Robert Rubin, Goldman Sachs, Matt Taibbi, Bailout, Mortgage Crisis, Financial Crisis, Commodities Speculation, Colbert Report, Business News

Matt Taibbi took his crusade against Goldman Sachs to "The Colbert Report" last night, accusing the investment colossus of using its influence in gove...

Read Whole Story

Pay Czar Set To Announce Next Wave Of Compensation Limits Today

nytimes.com | REUTERS | Posted 12.11.2009 | Business

Read More: Citigroup, Gmac, Chrysler, Aig, Wall Street Compensation, Bailout, Bank of America, Pay Czar, Kenneth Feinberg, Wall Street Pay, Tarp, Business News

NEW YORK/WASHINGTON (Reuters) - The Obama administration's pay czar plans to announce on Friday his next wave of rulings as bailout recipients struggl...

Read Whole Story

TARP For Small Businesses: White House Looks To Bring Wall Street Rescue To Main Street

Washington Post | David Cho | Posted 12.10.2009 | Business

Read More: Small Business Loans, Tarp, Geithner, Small Business, Elizabeth Warren, Sba, Tim Geithner, Recession, Main Street, Credit, White House, Bailout, Barack Obama, Treasury, Financial Crisis, Wall Street, Small Businesses, Business News

The Obama administration is developing a major initiative to tackle the economic and political problem of unemployment by getting federal bailout fund...

Read Whole Story

The TARP Travesty

Eric C. Anderson | Posted 12.11.2009 | Politics

Read More: Tarp, Timothy Geithner, Financial Reform, Economic Crisis, Politics News
Eric C. Anderson

Someone please tell Mr. Geithner there is no longer any need to focus TARP funds on the major Wall Street players. They already have got theirs and are walking -- nay, running -- away from the recession.

Read Post

Geithner: Bailout Program Extended To October

AP | MARTIN CRUTSINGER and DANIEL WAGNER | Posted 12.10.2009 | Business

Read More: Tarp, Geithner, Timothy Geithner Treasury Secretary, Bailout, Economy, Economic Crisis, Geithner Bailout, Banks, Financial Crisis, Geithner Bailout Extended, Bank Bailout, Bank Bailout Deadline, Bailout Program, Business News

WASHINGTON — The Obama administration has extended the $700 billion financial bailout program until October, setting up a struggle between Democ...

Read Whole Story

Financial Oversight: There Is No Change (Again)

Stanley Kutler | Posted 12.09.2009 | Politics

Read More: Banking Crisis, Obama, Financial Reform, Tarp, AmTrust Bank, Fdic, New York Community Bancorp, Max Baucus, Larry Summers, Chris Dodd, Timothy Geithner, Politics News
Stanley Kutler

The buccaneers of the financial community remain free to restore the disaster from which they were rescued with taxpayers' money.

Read Post

Shahien Nasiripour

Heads Of Financial Crisis Commission Call Wall Street Bonuses Unjustifiable, Vow To Investigate (EXCLUSIVE)

HuffingtonPost.com | Shahien Nasiripour | Posted 12.08.2009 | Business

Read More: Tarp, Financial Crisis Inquiry Commission, Bank of America, Goldman Sachs, Bailout Bandits, Bailout, Wall Street, Bill Thomas, Financial Crisis, Banks, Phil Angelides, Bonuses, Wall Street Bonuses, Business News

The chair and vice chair of the federal commission charged with investigating the causes of the financial crisis had harsh words on Tuesday for the Wa...

Read Whole Story

Bailout Refunds Are Really About Escaping Pay Limits: Andrew Ross Sorkin

nytimes.com | ANDREW ROSS SORKIN | Posted 12.08.2009 | Business

Read More: Pay Czar, BofA CEO Search, TARP Repayments, Pay Limits, Ken Lewis, Bank of America, Wall Street Pay, Tarp, Business News

Bank of America is paying back $45 billion in taxpayer-provided bailout money, and the government now says it expects to get back $200 billion in thos...

Read Whole Story

Citigroup, Wells Fargo Clash With Government Over TARP Repayment

AP | STEVENSON JACOBS and DANIEL WAGNER | Posted 12.08.2009 | Business

Read More: Tarp, Citi, TARP Repayments, Bailout, Troubled Asset Relief Program, Wells Fargo, $C, Citibank, Banks, Citigroup, Business News

NEW YORK — Citigroup Inc. and Wells Fargo & Co. are seeking to repay billions in federal bailout aid but so far haven't received permission from...

Read Whole Story

Commercial Defaults Continue To Drag Down Smaller TARP Banks

bloomberg.com | Elizabeth Hester and Linda Shen | Posted 12.07.2009 | Business

Read More: Tarp, Mortgage Crisis, Financial Crisis, Banks, Subprime Loans, Regional Banks, Fiscal Policy, Business News

As the U.S. economy pulls out of a recession and the biggest banks return to profitability, mounting defaults on commercial property may keep regional...

Read Whole Story

In the Public Interest: Rein in the Financial System That Failed

Ed Mierzwinski | Posted 12.07.2009 | Politics

Read More: Fed, Greed, In the Public Interest, Wall Street, Derivatives, Cfpa, Too Big to Fail, Financial Crisis, Ed Mierzwinski, Public Interest, Corporate Greed, Tarp, Politics News
Ed Mierzwinski

In my 20 years in Washington, I've witnessed the deregulation of the financial marketplace and the ruin that goes along with it. I am determined not to let it happen again.

Read Post

Obama: Some Bailout Money Might Be Used For Jobs

AP | MARTIN CRUTSINGER | Posted 12.07.2009 | Business

Read More: Tarp, Treasury Department, Treasury Report, Bank Lending, Bailout, Economy, Treasury, Economic Crisis, Bank Rescue, Banks, Financial Crisis, Business News

WASHINGTON — The Obama administration will lose $200 billion less than expected from the federal bailout program and is looking at using part of...

Read Whole Story