Bailout,
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Latest blogosphere posts tagged “Bailout,”
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The Commercial Real Estate Default Wave is Here: Commercial Mortgage Defaults Now at 16 Year High. 3.4 Percent of all Commercial Real Estate Loans in Default.
My Budget 360 —
Authority: 483
What has been lost in the housing talk recovery is the grim statistics that commercial real estate has fallen 37 percent in value in the last year. This wouldn’t be such a big problem aside from the tiny detail that some $3 trillion in commercial real estate loans are still outstanding . The commercial real ...5 hours ago -
Ben Bernanke’s Time magazine ‘Person Of The Year’ title triggers a row
Thaindian News —
Authority: 729
Washington, Dec. 17 (ANI): The chairman of the US Federal Reserve, Ben Bernanke, has been named as the Time magazine person of the year for his crucial role in bailing out the financial system during the ongoing recession.“Bernanke didn’t just learn from history; he wrote it himself and was damned if he was going ...6 hours ago -
Top 10 news stories from US (Flashback 2009)
Thaindian News —
Authority: 729
By Arun KumarWashington, Dec 17 (IANS) The inauguration of America’s first black president Barack Obama, the economic slump that led to the collapse of the global financial system, the healthcare debate that Obama made the centrepiece of his presidency and the death of music icon Michael Jackson were among the ...7 hours ago -
Whatever Happened to Shame?
Truthdig: Drilling Beneath the Headlines —
Authority: 729
By Ellen Goodman What does it say when the New York Post hires Eliot Spitzer’s prostitute as a columnist and the bailout babies of Wall Street can’t be bothered to show up to the White House? Related Entries December 16, 2009 The Democrats Blinked December 16, 2009 The Democrats’ Bush Nostalgia8 hours ago -
Citi to raise $20.5 billion to pay back US government
Thaindian News —
Authority: 729
New York, Dec 17 (IANS) Citigroup, led by Indian American chief executive Vikram Pandit, intends to raise $20.5 billion in the stock market as part of its plan to repay bailout money and free itself from government restrictions.The New York-based banking giant said Wednesday it will offer 5.4 billion shares of common ...8 hours ago -
‘Where’s the Reform?’
Net News Publisher —
Authority: 448
Where is Clara Peller now that we need her? For those who do not remember this icon of political history, Clara was the actress who played the little old lady in a Wendy’s commercial that looked an oversized hamburger bun and snapped back, “ Where’s the beef? ” Walter Mondale then used it as a ...9 hours ago -
Case in point: U.S. gave up billions in tax money in deal for Citigroup’s bailout repayment
InvestmentWatch —
Authority: 540
The federal government quietly agreed to forgo billions of dollars in potential tax payments from Citigroup as part of the deal announced this week to wean the company from the massive taxpayer bailout that helped it survive the financial crisis. The Internal Revenue Service on Friday issued an exception to ...9 hours ago -
Money For Nothing
Just Blowing Smoke... —
Authority: 420
"That aint workin, thats the way do it. Money for nothin and your chicks are free." - Dire Straits While Im not sure what the "chicks are free" part of this lyrics from a song first released on the 1985 Dire Straits "Brothers in Arms" album means in relation to the banking bailouts, the "money for nothin" part ...9 hours ago -
Why some promises are more equal than others
Robert Kyriakides's Weblog —
Authority: 128
It seems that all the United States Banks that received US Government tax dollars have repaid the money or will shortly repay the money in full. These banks needed what proved to be a relatively short term loan to help them get back on their feet an help the American economy on its way to recovery. The United Kingdom ...10 hours ago -
Guest Post: American Purgatory
zero hedge —
Authority: 740
Submitted by Greg Simmons and Brett Buchanan of Scope Labs Are financial markets a direct reflection of the overall health of a nation? I wish they were not, but I fear they are. I wonder at times if our nation has entered a state of purgatory –all of us mulling around in the waiting room to Hell, ...10 hours ago -
Now thats embarassing
The Economic Populist - Speak Your Mind 2 Cents at a Time —
Authority: 572
It seems the Treasury ran into a small problem today regarding Citi. The U.S. government abruptly shelved plans to start trimming its 34% stake in Citigroup Inc., after investors demanded a price so low that the Treasury Department would have lost hundreds of millions of dollars on the deal. The ...13 hours ago -
Well, we be snookered again - this time by Lehman Bros. bankruptcy just and trustee...we pay...again
Life on Sleepy Creek in Words and Images —
Authority: 153
http://dailybail.com/live-beat/lehman-bankruptcy-judge-and-trustee-both-agree-to-50-million.html15 hours ago -
U.S. Said to Reconsider Quick Sale of Citigroup Stake
DealBook —
Authority: 767
Two days after Citigroup moved to untangled itself from Washington, the Treasury reversed course Wednesday and backed away from plans to immediately sell a portion of its stake in the banking giant, according to a person briefed on the situation.15 hours ago -
Breakthrough for people with diabetes
Pride News for Smart Gay, Lesbian, Transgender, Transsexual, and Straight People —
Authority: 147
Money advisor George Chamberlin talks about the days wall street news including Wells Fargo to repay TARP money and a new Diabetes drug developed in San Diego.16 hours ago -
Heads Up To American People: A Permanent Bailout Fund Institution–American People To Political Class–No More Bailouts–Time To Throw The Bums Out
Pronk Palisades —
Authority: 472
GOP Stands Up For Big Banks, Attacks Resolution Authority Bennett Opposes Misuse of TARP as Second Stimulus Senator Thune on The Kudlow Report Senator Thune Discusses TARP on CNN Senator Thune Discusses TARP on CNBC 12-11-2009 – Pence Discusses TARP, Bailouts and ...17 hours ago -
Reid Won’t Even Tell His Base What He’s Asking Them to Swallow
Cato @ Liberty —
Authority: 751
By Michael F. Cannon Here’s my answer to today’s “Big Question” on The Hill ’s Congress Blog: Now that the “public option” is dead, both the Left and the Right should be able to agree: the Senate bill is nothing but a $450 billion bailout of the private insurance companies. In fact, the bailout ...17 hours ago -
Citigroup in $38bn tax boost
Daily Telegraph | Telegraph.co.uk —
Authority: 967
Citigroup will be able to hold on to as much as $38bn (£23bn) in tax deductions that it might have otherwise lost when it repays its bail-out funds.18 hours ago -
Fed Reserve Chair Ben Bernanke Wins Time Person of the Year
Firedoglake —
Authority: 717
Federal Reserve Chair Ben Bernanke (photo: talkradionews via Flickr) I saw Ron Insana on CNBC yesterday say that anyone who thinks that Ben Bernanke didn’t single-handedly save us from the Depression doesn’t understand economics or the financial system. He went on to not explain what Bernanke actually did, ...18 hours ago -
Obama Admin Grants Mega Tax Break To Citi In Bailout Deal
TPMMuckraker —
Authority: 774
Did the Obama Administration just deliver a $38 billion stealth bailout to Citigroup? According to several outside experts the answer is yes, but the Treasury is maintaining an IRS ruling that granted Citi a $38 billion tax break was routine and proper. The Washington Post first reported the news of the IRS ...18 hours ago -
TIME Names Federal Reserve Chairman Ben Bernanke Person Of The Year
Joe. My. God. —
Authority: 702
Via Los Angeles Times : Federal Reserve Chairman Ben Bernanke was named "Person of the Year" by Time magazine today for leading the "most-powerful, least-understood government force shaping our lives," Managing Editor Richard Stengel said. Bernanke, 56, was picked for his efforts to shepherd the U.S. out of the ...18 hours ago

