wall street bailout

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Latest blogosphere posts tagged “wall street bailout”

  • New Spitzer Hypocrisy In AIG Case


    Big GovernmentAuthority Authority: 816
    Former New York Governor Eliot Spitzer took to the New York Times OP-ED page to call for the full release of a AIG corporate e-mails to determine how and why the company crashed. This is the same Eliot Spitzer who stonewalled attempts by the New York State Senate Committee on Investigations and the New York ...
    1 day ago
  • Obama: A Republican Plant?


    Big GovernmentAuthority Authority: 816
    Many of us had no idea the Republican Party had it in them, but to devise and implement such a plan was ingenious. Think about it; party leadership acting totally inept while a charismatic young Democrat presidential candidate captures the imagination of the normally lethargic youth vote, captures the senior vote, ...
    4 days ago
  • The Bankers on Obamas Team


    MoJo ArticlesAuthority Authority: 727
    GOLDMAN SACHS CEO turned Treasury Secretary Hank Paulson wasnt the first, or the last, to use the revolving door between Wall Street and Washington. Heres a short list of Obama officials who got their start in the private sector—many, like Paulson, at "Government Sachs." OFFICIAL ...
    5 days ago
  • Frank Rich Op-Ed: Were The "Aughties" The Age of Willful Ignorance?


    One City: A Buddhist Blog for EveryoneAuthority Authority: 428
    posted by Ethan Nichtern Alas, we are coming to the end of the first decade in the third millenium of the Common Era. The decade has been given, almost by default, a name about as disappointing as its historical content, " the aughties. " After reading the  Frank Rich op-ed wrote in the New York Times this ...
    6 days ago
  • Wells Fargo Spoils Citis Party (Again)


    DealBookAuthority Authority: 772
    At least twice over the past year or so -- and especially this week -- Citigroups best-laid plans have been derailed by Wells Fargo, its scrappier West Coast rival.
    1 week ago
  • Critics Wail as Bernanke Basks in Praise


    DealBookAuthority Authority: 772
    Facing a vote on reconfirming him as the Federal Reserve chairman, Ben S. Bernanke came under renewed criticism from lawmakers right and left after Time magazine named him "Person of the Year."
    1 week ago
  • Now thats embarassing


    The Economic Populist - Speak Your Mind 2 Cents at a TimeAuthority Authority: 558
    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 ...
    1 week ago
  • U.S. Said to Reconsider Quick Sale of Citigroup Stake


    DealBookAuthority Authority: 772
    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.
    1 week ago
  • TIME Names Federal Reserve Chairman Ben Bernanke Person Of The Year


    Joe. My. God.Authority Authority: 706
    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 ...
    1 week ago
  • Time Names Bernanke Person of the Year


    DealBookAuthority Authority: 772
    Time magazine picked Federal Reserve Chairman Ben S. Bernanke as its Person of the Year, noting the powerful hold he has over the economy and the aggressive steps he took to preserve it over the past year.
    1 week ago
  • Government Gave Up Billions in Tax Revenue in Citigroup Deal


    Politics DailyAuthority Authority: 783
    Filed under: Economy , Wall Street The U.S. government agreed to forgo billions in tax revenue in a deal with Citigroup earlier this week to help the company repay its bailout money, the Washington Post reports . The Internal Revenue Service issued an exception to longstanding rules for Citi and other ...
    1 week ago
  • Os Wall Street love affair


    Tara Lynn ThompsonAuthority Authority: 131
    "I did not run for office to be helping out a bunch of, you know, fat cat bankers on Wall Street." Obama 12/13/09 True. Thats Little Timmy Geithners job, along with Os economic advisers Michael Froman and Jamie Rubin. Heres the interesting part. O hired Wall Street while demonizing Wall Street to fix Wall Street. ...
    1 week ago
  • Weather Keeps Some Bankers Away From Obama Talk


    DealBookAuthority Authority: 772
    President Obama talked with the executives that he termed "fat cats" on Monday, asking the chiefs of the nations biggest banks to the White House to press them to help speed the economic recovery by providing more loans to small businesses and homeowners.
    1 week ago
  • Another View: Redefining How to Repay TARP


    DealBookAuthority Authority: 772
    The government must reexamine the standards by which banks can repay the billions of dollars they received under the Troubled Asset Relief Program, an architect of the financial bailout writes in Another View.
    1 week ago
  • In JPMorgan Auction, U.S. Made the Right Choice


    DealBookAuthority Authority: 772
    Did the federal government get a better deal by auctioning off its warrants in JPMorgan Chase to private investors instead of letting the bank buy them back?
    1 week ago
  • Paralysis by (Financial) Analysis


    City Lakes Real Estate BlogAuthority Authority: 136
    Instant Amnesia -- Or Something Worse?If it exists, its possible.--unknownBelieve me, its not what it is.--caption, New Yorker cartoon (what husband caught in bed with another woman says to his wife, standing in the doorway).Lets see: as every investor, saver, employed person and sentient being knows, the U.S. ...
    1 week ago
  • The House OKs a sweeping overhaul of financial regulations


    DailyFinanceAuthority Authority: 766
    Filed under: Economy The House passed the most ambitious restructuring of federal financial regulations since the New Deal on Friday, aiming to head off any replay of last years Wall Street failures that plunged the nation deep into recession. The sprawling legislation would give the government new powers to break ...
    2 weeks ago
  • Bair Says F.D.I.C. Questioned BofA Assistance


    DealBookAuthority Authority: 772
    The Federal Deposit Insurance Corporation resisted pressure from the administration of President George W. Bush to extend assistance to Bank of America to complete its purchase of Merrill Lynch but was ultimately convinced of the need, its chairman, Sheila Bair, said on Friday.
    2 weeks ago
  • Rhetoric Heats Up Ahead of Regulatory Vote


    DealBookAuthority Authority: 772
    House Democrats defended their Wall Street regulatory overhaul on Thursday against Republican criticism that the plan would perpetuate a bailout mentality.
    2 weeks ago
  • Taxpayers lose $61 Billion on AIG, auto bailouts


    The Economic Populist - Speak Your Mind 2 Cents at a TimeAuthority Authority: 558
    Despite whatever you might have heard about these bailouts being a good investment, the taxpayers lost money on this deal. The Treasury Department is acknowledging for the first time that it lost $61 billion on two key programs designed to stabilize the economy after the largest financial crisis in decades. ...
    2 weeks ago

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