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Troubled Assets Relief Program

Report: Treasury Misled Public On Bailouts

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | 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...

Arthur Delaney

Holder: Justice Department Will Look Into TARP Recycling

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Politics

Toward the end of a long House Judiciary Committee hearing with Attorney General Eric Holder, Rep. Brad Sherman said he'd heard enough about torture a...

Implications of the Bank Stress Tests

Douglas J. Elliott | Posted 05.25.2011 | Business
Douglas J. Elliott

The financial "stress tests" on the big banks gave us good news: they "only" need $75 billion of new capital. That's a lot of money, but much less than many of us feared.

A Couple of Million Jobs at Stake

Mitchell Beer | Posted 05.25.2011 | Politics
Mitchell Beer

Out of 671,000 corporate meetings, only 12,000 -- less than 1.8 percent -- were the kind of incentive programs that drew Sen. Kerry's negative attention.

TARP Recipients Testifying For Congressmen They Bankrolled

Open Secrets | Posted 05.25.2011 | Politics

The eight CEOs testifying Wednesday before the House Financial Services Committee about how their companies are using billions of dollars in bailout f...

Bottom Line: 2008 Car/Truck Sales Probably Worst Since 1974

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

The only other time the industry has seen a 3-million (or more) unit plunge was following the 1974 oil shortage.

Some Good -- and Fun -- Automotive News for the Holidaze

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Really wish there were better news to post about, but the auto industry is reeling worldwide, and there's no better example than Toyota.

Bush Punts Auto Industry to Team Obama; UAW Concedes Even More

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

This "agreement" is just another part of the recent "Bush/Cheney Revisionist History Farewell Tour." It was created to fail, just as long as that failure didn't happen while Bush was still president.

White House Still "Gathering Information" While Detroit Suppliers go Bankrupt

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Even Bush doesn't want to go down in history as the man who oversaw the destruction of GM, Ford and Chrysler (I hope), and I'd guess Obama wishes he could install his own new team now and fire Paulson.

Detroit Drives to DC and Dr. Deming Invents Japan

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

We've had enough threats from our sworn enemies -- we don't need them from Detroit executives. These CEOs and their boards of directors must go, whether by car or jet or skateboard, they must go.