The Obama administration, far from backing off or restricting TARP, is quietly moving forward a plan to create an even bigger, more permanent TARP.
Norb Vonnegut | Posted 10.29.2009 | Business
Uncle Sam is wrestling how to govern organizations vital to our nation's economic welfare. I'd rather see legislators focus on leverage and preventive cures than after-the-fact remedies like "amending loans."
David A. Love | Posted 10.29.2009 | Books
Throughout history we have witnessed the ways in which societies compromise their legal systems to oppress the many, benefit the few, and sanction the unconscionable.
Mike Elk | Posted 10.29.2009 | Politics
As Congressman Sherman put it, the current legislation meant to reform Wall Street would actually be like "TARP on steroids."
Washington Independent | Mike Lillis | Posted 10.28.2009 | Politics
In the wake of the recent financial meltdown, it sounds like a reasonable idea: A proposal granting the White House broad new authority to take over w...
Rep. Edolphus Towns | Posted 10.28.2009 | Business
The American people have been eager to understand how the government failed to prevent bonus payments from going out the door -- payments that were paid out with their taxpayer dollars.
Les Leopold | Posted 10.25.2009 | Business
For the past 30 years we have minted billionaires, and we have created the most unequal distribution of wealth since 1928-29. This didn't happen by accident.
AP | ALAN FRAM | Posted 10.24.2009 | Politics
WASHINGTON — Big banks that got big bailout bucks should return the favor by lending more to qualified small businesses, President Barack Obama ...
Slate Magazine | Daniel Gross | Posted 10.23.2009 | Business
This year, compensation will again eat up something close to a majority of Wall Street's revenues. And while Goldman and Morgan Stanley have paid back...
Stuart Whatley | Posted 10.24.2009 | Business
Yes, a quick round of applause for Feinberg for cutting our financial wards' CEO pay. But hold off on the standing ovation; the Obama era does not need a "Mission Accomplished" moment.
washingtonpost.com | Tomoeh Murakami Tse and Brady Dennis | Posted 10.23.2009 | Business
The administration had tasked Kenneth Feinberg, the Treasury Department's special master on compensation, to evaluate the pay packages of 25 of the mo...
Bloomberg.com | Jonathan D. Salant and Lizzie O’Leary | Posted 10.23.2009 | Business
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...
The Huffington Post | Ryan McCarthy | Posted 11.02.2009 | Business
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...
Robert Scheer | Posted 10.21.2009 | Business
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.
AP | JIM KUHNHENN | Posted 10.21.2009 | Business
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.
David Sirota | Posted 10.30.2009 | Politics