Geithner Hits Goldman Sachs: It Would Have Failed Without Government Help
Treasury Secretary Timothy Geithner disputed claims by Goldman Sachs Group Inc. executives that the bank could have survived the financial crisis with...
Treasury Secretary Timothy Geithner disputed claims by Goldman Sachs Group Inc. executives that the bank could have survived the financial crisis with...
Bloomberg | Posted 12.04.2009 | Business
Treasury Secretary Timothy Geithner criticized the record bonuses expected to be paid by big banks this year and refuted claims by Goldman Sachs Group...
Mike Papantonio | Posted 12.01.2009 | Politics
The engine driving the impending train wreck for Obama and his spineless advisors is that he made promises that turned out millions of supporters. That promise was that we were going to see "change." Soon we began to see "Bush Lite."
AP | EILEEN AJ CONNELLY | Posted 11.29.2009 | Business
NEW YORK — The chairman of the Federal Reserve is concerned that congressional efforts at financial reform could weaken the central bank's abili...
BusinessWeek | Maria Bartiromo | Posted 11.27.2009 | Business
Maria Bartoromo: Tim Geithner has been under attack lately. How's he doing? Listen, I have been a critic for years. Geithner should never have been a...
AP | JIM KUHNHENN | Posted 11.24.2009 | Business
WASHINGTON — Big banks are roaring back. At crisis' edge last year, they are repaying billions of dollars dumped into their vaults to rescue th...
Cenk Uygur | Posted 11.24.2009 | Politics
If the Obama team wants to earn back some goodwill concerning the banks, they have to do better than the lame excuse of "we had to do it." They didn't have to do it this way. There were many other possibilities.
HuffingtonPost.com | Shahien Nasiripour | Posted 11.23.2009 | Business
If the White House and congressional leaders get their way, the vaunted new oversight council charged with overseeing systemic risk in the financial m...
Arianna Huffington | Posted 11.24.2009 | Politics
There's a Category 5 storm about to make landfall, and the president and the officials in charge of preparing for the approaching disaster don't seem to be particularly worried. Sound familiar?
Fortune's Stanley Bing | Posted 11.23.2009 | Business
I am thankful that Wall Street is still a festering sump pump of illogic, hubris and greed, and will continue to provide me with plenty to write about for the foreseeable future.
HuffingtonPost.com | Shahien Nasiripour | Posted 11.19.2009 | Business
A heated exchange erupted on Capitol Hill today as Treasury Secretary Timothy Geithner was explicitly asked to resign. The ranking House Republican o...
nytimes.com | SIMON JOHNSON | Posted 11.19.2009 | Business
Here is my assessment. In late September 2008, Treasury Secretary Henry S. Paulson asked Congress for $700 billion to buy toxic assets from banks, ...
HuffingtonPost.com | Sam Stein | Posted 11.19.2009 | Politics
Rep. Peter DeFazio called for the firing of President Barack Obama's top two economic aides on Wednesday, accusing them of pursuing a recovery plan sk...
HuffingtonPost.com | Shahien Nasiripour | Posted 11.18.2009 | Business
On Tuesday, Goldman Sachs announced it would commit $500 million to help small businesses, garnering the financial giant headlines and buzz for its al...
Huffington Post | Ryan McCarthy | Posted 11.18.2009 | Business
Last April, Goldman Sachs CFO David Viniar said he was "mystified" by concerns that the government bailout of AIG may have disproportionately favored ...
Linda R. Monk, J.D. | Posted 11.18.2009 | Business
Geithner's problem is not that he is by nature a corrupt man. It's that he is steeped in the Wall Street way of doing business, which itself is riddled with fraud -- and billions of taxpayer dollars are at stake.
Paul Abrams | Posted 11.17.2009 | Business
Geithner is a continuing liability for this President. By stepping down, he can rightly claim some successes, while also presenting an opportunity for Obama to appoint a Treasury Secretary who fights for Main Street.
AP | MARCY GORDON | Posted 11.17.2009 | Business
WASHINGTON — A senior House Democrat says the government didn't force Bank of America to take over Merrill Lynch, but a bank board member said m...
HuffingtonPost.com | Jason Linkins | Posted 11.17.2009 | Business
One of the best ways I've found to evaluate the actions taken by then-Treasury Secretary Hank Paulson in bailing out the nation's failing banks back i...
Les Leopold | Posted 11.18.2009 | Business
The Department of Agriculture reports that 49 million Americans don't have enough food. That's up 13 million over the last year and is highest number ever recorded since the survey began 14 years ago.
HuffingtonPost.com | Shahien Nasiripour | Posted 11.17.2009 | Business
A brutal report issued Monday by a government watchdog holds Timothy Geithner -- then the head of the Federal Reserve Bank of New York and now the nat...
Lesley Stern | Posted 11.12.2009 | Comedy
If you're quivering with rage just thinking about Wall Street, it's time to take action. I've discovered a way to achieve a semblance of inner peace without therapists, tranquilizers or weapons.
wsj.com | By DEBORAH SOLOMON and JONATHAN WEISMAN | Posted 11.12.2009 | Politics
The Obama administration, under pressure to show it is serious about tackling the budget deficit, is seizing on an unusual target to showcase fiscal r...
Huffington Post/AP | Posted 11.12.2009 | Business
NEW YORK — After just three months as head of battered insurer American International Group, Robert Benmosche has threatened to leave his post a...
bloomberg.com | Rich Miller | Posted 11.12.2009 | Business
While financial institutions including Citigroup Inc. and Bank of America Corp. have received more than $200 billion in capital from the government, t...
Bloomberg | Rich Miller and Christine Harper | Posted 12.05.2009 | Business