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Troubled Asset Relief Program

Elizabeth Warren's New Model For Wall St.: 'If You Can't Explain It, You Can't Sell It'

bloomberg.com | Posted 11.19.2009 | Business

Read More: Congresisonal Oversight Panel, Coors Light, Elizabeth Warren, Troubled Asset Relief Program, Financial Reform, U.S. Chamber of Commerce, Consumer Protection Agency, Harvard, Barack Obama, Thomas Cooley, House Financial Services Committee, Business News

Nov. 19 (Bloomberg) -- In Elizabeth Warren's world, credit card contracts would be so simple a teenager could read and understand them in four minutes...

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What Did TARP Accomplish? Simon Johnson In The NYT

nytimes.com | SIMON JOHNSON | Posted 11.19.2009 | Business

Read More: Tarp, Did TARP Work?, What Did TARP Accomplish, Bailout, Lehman Brothers, Troubled Asset Relief Program, Tim Geithner, Financial Crisis, Aig, Henry Paulson, Federal Reserve, Simon Johnson, Business News

Here is my assessment. In late September 2008, Treasury Secretary Henry S. Paulson asked Congress for $700 billion to buy toxic assets from banks, ...

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Elizabeth Warren: Financial Rules 'Literally Don't Work Anymore,' Regulations Should Be 'Clear And Painful'

Posted 11.17.2009 | Business

Read More: James Surowiecki, Elizabeth Warren, Elizabeth Warren Consumer Financing, The New Yorker, Financial Firms, Consumer Financial Protection Agency, Troubled Asset Relief Program, Elizabeth Warren Harvard Law, Congressional Oversight Panel, Business News

Elizabeth Warren, a professor at Harvard Law School who has more recently assumed the role of chairwoman of the Congressional Oversight Panel for the ...

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Shahien Nasiripour

Geithner Singled Out In TARP Watchdog Neil Barofsky's Scathing Report On AIG Bailout

HuffingtonPost.com | Shahien Nasiripour | Posted 11.17.2009 | Business

Read More: Tarp, Wells Fargo, Troubled Asset Relief Program, Bank of America, Federal Reserve, Neil Barofsky, Aig, American International Group, Federal Reserve Bank of New York, Merrill Lynch, Goldman Sachs, Bailout, Tim Geithner, Financial Crisis, Wachovia, Sigtarp, Business News

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...

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White House Looking To Cut Deficit With Extra TARP Cash

wsj.com | By DEBORAH SOLOMON and JONATHAN WEISMAN | Posted 11.12.2009 | Politics

Read More: Taxes, Recovery, House, Bush, Federal Deficit, Afghanistan, Economy, Deficit Reduction, Budget Deficit, Tax Breaks, Troubled Asset Relief Program, Recession, Deficit, Politics, Bailout, Spending Cuts, Spending, Tim Geithner, Iraq War, Tax Cuts, The Fed, Treasury, Hank Paulson, Ben Bernanke, Senate, Tarp, Tax Increases, Politics News

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...

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"TARP on Steroids"

David Sirota | Posted 10.30.2009 | Politics

Read More: Tarp, Brad Sherman, Timothy Geithner, Treasury Department, Troubled Asset Relief Program, Politics News
David Sirota

The Obama administration, far from backing off or restricting TARP, is quietly moving forward a plan to create an even bigger, more permanent TARP.

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"Extremely Unlikely" Taxpayers Will Recoup TARP Money, Watchdog Says

Posted 09.24.2009 | Business

Read More: Treasury Department, TARP Money, Troubled Asset Relief Program, Tarp, Business News

As ABC news reported last night, the special inspector of the government's $700 billion TARP program said in prepared testimony that the chances of ta...

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Auto Bailout Could Leave Taxpayers With Heavy Losses

Ap | Christopher S. Rugaber, AP Economics Writer | Posted 11.09.2009 | Business

Read More: Tarp, Auto Bailout, Taxpayer Losses, Chrysler, Troubled Asset Relief Program, Gm, Ford, Congressional Oversight Panel, Business News

WASHINGTON (AP) -- Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight pan...

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Bailed-Out Banks Making Profits -- For Taxpayers

Chris Weigant | Posted 10.16.2009 | Politics

Read More: President Obama, Bail Out, Troubled Asset Relief Program, Obama, Fannie, Taxpayer, Bush, Government, Deficit, Aig, Bailout, General Motors, Insurance, Interest, Toxic Mortgage, Bank, President Bush, Tarp, Wall St, Gm, Budget, Barack Obama, Invest, Executive Compensation, Chrysler, Profits, Profit, Wall Street, Investment, Chris Weigant, Companies, Return, Investment Firms, Freddie, Banks, George W Bush, Auto, Politics News
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.

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AFSCME Urges Say-on-Pay for Shareholders

Gerald McEntee | Posted 08.31.2009 | Politics

Read More: Goldman Sachs, Wall Street Executives, Golden Parachute, Shareholders, Say on Pay, Troubled Asset Relief Program, Barney Frank, Say-on-Pay, Aig, Wall Street Bonuses, Politics News
Gerald McEntee

A key step to fixing our economy is making sure that the interests of shareholders and stakeholders are considered in corporate board rooms.

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Should Closed Car Dealers Be Re-Opened by Congress?

Steve Parker | Posted 08.24.2009 | Business

Read More: Tarp, Inspector General, Congress, California, Tesla Motors, Jim Press, America, Chrysler, Car Dealerships, Troubled Asset Relief Program, Neil Barofsky, Cars, Washington DC, Detroit News, Santa Monica, General Motors, Senator Jay Rockefeller, West Los Angeles, Little League, Senate Commerce Committee, Business News
Steve Parker

Dealers say that automakers will save little -- if anything -- from closing outlets.

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Sam Stein

White House: TARP Money Might Not Be Traceable

HuffingtonPost.com | Sam Stein | Posted 08.21.2009 | Politics

Read More: Tarp Funds Lending, Neil Barofsky Testimony, Robert Gibbs, Troubled Asset Relief Program, Sigtarp, Gibbs Tarp, Neil Barofsky, Tarp Followable, Politics News

The White House is downplaying a government watchdog's harsh assessment about the lack of transparency in the financial industry bailouts by arguing t...

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Sam Stein

TARP Watchdog To Deliver Harsh Testimony On Treasury's Lack Of Transparency

HuffingtonPost.com | Sam Stein | Posted 08.20.2009 | Politics

Read More: Neil Barofsky Testimony, TARP Oversight, Tarp Neil Barofsky, TARP Watchdog, Troubled Asset Relief Program, Sigtarp, Tarp Transparency Neil Barofsky, Neil Barofsky, Politics News

Neil Barofsky, the special inspector general for the Troubled Asset Relief Program (SIGTARP) is set to deliver much anticipated testimony on Tuesday b...

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Arthur Delaney

Treasury Earns "C" Average For Bailout Transparency; Previously Flunked

HuffingtonPost.com | Arthur Delaney | Posted 07.25.2009 | Business

Read More: Tarp, Transparency, Treasury Department, Troubled Asset Relief Program, Business News

Earlier this year the Treasury Department earned a big fat "F" from the U.S. Public Interest Research Group for the transparency of the $700 billion f...

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Arthur Delaney

TARP Concerns Dog Geithner On The Hill

HuffingtonPost.com | Arthur Delaney | Posted 07.19.2009 | Business

Read More: Tarp, Timothy Geithner, Troubled Asset Relief Program, TARP Money, Business News

Treasury Secretary Timothy Geithner appeared before a Senate committee Thursday to talk up the Obama administration's proposed reforms for regulation ...

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Arthur Delaney

Hatch, Lincoln Introduce Bill To Ban TARP Recycling

HuffingtonPost.com | Arthur Delaney | Posted 07.16.2009 | Politics

Read More: Tarp, TARP Money, Troubled Asset Relief Program, Politics News

As ten of the nation's biggest banks gear up to repay $68 billion in taxpayer bailout dollars, Congress is battling the Obama administration over what...

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Arthur Delaney

Elijah Cummings: Recycle TARP Fund To Help Homeowners

HuffingtonPost.com | Arthur Delaney | Posted 07.12.2009 | Politics

Read More: Tarp, Tarp Recycling, Troubled Asset Relief Program, Forcelosure, Elijah Cummings, Politics News

Rep. Elijah Cummings wants to help out-of-work homeowners with the bailout money banks are returning to the government. The Maryland Democrat announce...

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Goldman, Banks Cheer Escape From TARP Restrictions

nytimes.com | ERIC DASH | Posted 07.12.2009 | Business

Read More: American Express, Goldman Sachs, TARP Repayments, Morgan Stanley, Bank of New York Mellon, Troubled Asset Relief Program, Bailout, Tarp, Business News

None of the banks' executives crowed publicly, but some of their employees celebrated Tuesday night. At an outdoor cafe on Stone Street, near Goldman'...

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TARP Repayments May Not Help Consumers

Jun. 9, 2009 | Colin Barr, Senior Writer | Posted 07.11.2009 | Business

Read More: Goldman Sachs, JPMorgan Chase, Morgan Stanley, Consumer Loans, Consumer Lending, Troubled Asset Relief Program, Tarp-Repayments, Tarp, Treasury Secretary Tim Geithner, Business News

NEW YORK (Fortune) -- Don't expect TARP-free banks to unleash a torrent of loans to cash-strapped consumers. The Treasury Department told ten big b...

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Sam Stein and Arthur Delaney

TARP Repayments Becoming Troubled Asset For Obama Administration

HuffingtonPost.com | Sam Stein and Arthur Delaney | Posted 07.11.2009 | Politics

Read More: Tarp, Brad Sherman, Tarp Recycling, David Vitter, Troubled Asset Relief Program, Politics News

News that banks participating in the Troubled Asset Relief Program would be allowed to repay $68 billion in government funds has sparked a debate amon...

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TARP Repayments Reveal The Weakest Banks

usnews.com | Rick Newman | Posted 07.10.2009 | Business

Read More: Tarp Banks, Tarp Bailout, Gmac, Goldman Sachs, Bank of America, Citigroup, Troubled Asset Relief Program, Tarp, Business News

The government has finally acknowledged something it wanted to keep secret six months ago: Which banks are in the worst financial health. It's now ...

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Citigroup Bonuses: Bank Pays Millions To London Traders

The Huffington Post | Ryan McCarthy | Posted 07.10.2009 | Business

Read More: Tarp Bailout, CEO Pay, Citigroup Bailout, Troubled Asset Relief Program, London Bonuses, Wall Street Pay, Executive Compensation, Citigroup, Business News

The timing couldn't be better. With the Obama administration readying new compensation guidelines for certain financial companies, Forbes reported Tue...

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TARP Repayment: Treasury Says 10 Banks Get To Payback $68B

AP | DANIEL WAGNER and STEVENSON JACOBS | Posted 07.10.2009 | Business

Read More: Tarp, American Express, Goldman Sachs Group Inc., JPMorgan Chase, Tarp Bailout, Troubled Asset Relief Program, Federal Reserve, Bank Bailout, U.S. Bancorp., Business News

WASHINGTON - The Treasury Department has approved 10 of the nation's largest banks to repay $68 billion in government bailout money. The department o...

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Wall Street Pay: Obama's Changes Set To Be Announced

nytimes.com | LOUISE STORY and ERIC DASH | Posted 07.09.2009 | Business

Read More: Tarp, Wall Street, Troubled Asset Relief Program, Banking Crisis, Obama Bailout, Bank Bailout, Executive Compensation, Business News

The Obama administration plans to require banks and corporations that have received two rounds of federal bailouts to submit any major executive pay c...

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BofA, JPMorgan, Others Raise $19 billion

Yahoo! News | Steve Eder and Jonathan Stempel | Posted 07.03.2009 | Business

Read More: JP Morgan Chase, Bank of America, Troubled Asset Relief Program, Bofa, Tarp, Business News

NEW YORK (Reuters) -- Bank of America Corp (BAC.N), JPMorgan Chase & Co (JPM.N) and several other banks said they have raised more than $19 billion as...

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