$700 billion

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Latest blogosphere posts tagged “$700 billion”

  • "Lock In The Deficit Savings: End TARP Entirely" and related posts


    DesiTonic : Spice Your Life With Daily Digital Doze — Authority Authority: 158
    The Foundry The Obama administration, under pressure to show it is serious about tackling the budget deficit, is seizing on an unusual target to showcase fiscal responsibility: the $700 billion financial rescue. Obama Administration Considering Giving in to Deficit-Mania
    4 days ago

  • Uncle Sam sitting on a goldmine


    Count Us Out — Authority Authority: 151
    “Geithner doesn’t want to be the Treasury secretary that sells gold at $1,100 an ounce and next year it’s at $2,000,” said Shelton.Furthermore, a sale of all the country’s gold wouldn’t make much of an impact. With the nation’s annual deficit at $1.7 trillion, a $787 billion stimulus package and a $700 ...
    4 days ago

  • Failout Bill


    The Melting Pot Project — Authority Authority: 434
    These are the people in charge of doling out your money. TARP, the $700 billion bailout bonanza that oozes with more popularity than a high school Dungeons and Dragons club, has had its share of failures. But today was a...
    3 weeks ago

  • The Bank In the Mirror


    The Melting Pot Project — Authority Authority: 434
    For those of you who have never heard of Elizabeth Warren, she heads the Congressional Oversight Panel that was created to oversee TARP. Shes also one of the few good guys (or girls) in the federal government when it comes...
    4 weeks ago

  • Short memory – GFC


    Start Up Blog — Authority Authority: 423
    Reading the New York Times this weekend it seems clear that the Global Financial Crisis has not diminished the ability of investment bankers to extract bonuses from poorly performing assets and even losses. I still believe that private profits should also result in private losses . I remember back last year ...
    4 weeks ago

  • Credit Cards Newest Area of Potential Problems for Banks


    Personal Money Store — Authority Authority: 602
    Banks and credit cards Banks have suffered through the recession with huge mortgage industry defaults, but a new fear that credit cards will do the same is looming. Ken Lewis, Bank of America CEO, stated he believes that despite the government’s $700 billion rescue program, it will be “an awful year” for ...
    4 weeks ago

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