Neil Barofsky: Bailout Helped But At A Great Cost
WASHINGTON — The man who watches over the $700 billion in government money given to banks and other institutions to avert a financial collapse said ...
WASHINGTON — The man who watches over the $700 billion in government money given to banks and other institutions to avert a financial collapse said ...
Jill Schlesinger | Posted 10.20.2009 | Business
How did some of these banks make so much money? You can thank the government. First and foremost, there was TARP funding.
Steven G. Brant | Posted 10.20.2009 | Politics
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.
Reuters | Rolfe Winkler | Posted 10.15.2009 | Business
Thirty-three TARP recipients missed a scheduled dividend payment to taxpayers last month, according to the Treasury Department, including 18 banks tha...
David A. Love | Posted 10.15.2009 | Politics
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.
HuffingtonPost.com | Ryan Grim | Posted 10.16.2009 | Business
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...
AARON LUCCHETTI and STEPHEN GROCER | Posted 10.14.2009 | Business
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...
Posted 10.14.2009 | Business
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...
Reuters | Posted 10.12.2009 | Business
Thirty-three TARP recipients missed a scheduled dividend payment to taxpayers last month, according to the Treasury Department, including 18 banks tha...
DailyFinance | Charles Hugh Smith | Posted 10.12.2009 | Business
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...
HuffingtonPost.com | Jason Linkins | Posted 10.08.2009 | Business
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.
newsweek.com | Daniel Gross | Posted 10.08.2009 | Business
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...
USA Today | Pallavi Gogoi and Paul Wiseman | Posted 10.08.2009 | Business
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 ...
Gary Shapiro | Posted 10.06.2009 | Business
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.
Garrett Johnson | Posted 10.06.2009 | Business
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?
Robert Teitelman | Posted 10.05.2009 | Business
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.
AP | MARTIN CRUTSINGER | Posted 10.05.2009 | Business
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...
McClatchy Newspapers | Chris Adams | Posted 10.04.2009 | Business
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 ...
Chris Weigant | Posted 10.03.2009 | Politics
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...
HuffingtonPost.com | Shahien Nasiripour | Posted 10.02.2009 | Business
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...
Posted 10.02.2009 | Business
Nearly a year has passed since Congress and former President Bush gave the Treasury Department the authority to distribute hundreds of billions of tax...
Washington Post | Renae Merle and David Cho | Posted 09.29.2009 | Business
The Obama administration is close to rolling out two initiatives aimed at addressing lingering problems from the financial crisis: A long-delayed effo...
The Huffington Post Investigative Fund | Christine Spolar and Lagan Sebert | Posted 11.25.2009 | Business
Neil Barofsky is the man who tracks the historic bailout known as the Troubled Asset Relief Program, or TARP. The 39-year-old special inspector genera...
Jonathan Weiler | Posted 11.25.2009 | Politics
If the slogan of left-wing populism might be "What about us?" the slogan of right-wing populism is "What about me and my kind?"
newsweek.com | Daniel Gross | Posted 11.24.2009 | Business
While the government has pacified the commercial finance, savings, and plain-vanilla banking sectors, it's sending reinforcements into the vast, resti...
AP | JIM KUHNHENN | Posted 10.21.2009 | Business