I know of one brand new bank holding company that states they're not in trouble. They're even trying to play beat-the-clock to repay TARP funds. Nothing in that bank holding company moves quickly unless a personal checkbook is behind it.

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"In these circumstances, it's very hard for the authorities to fight allegations of crony capitalism," Rajan said later. "The public senses two sets of rules — one for the systemically important and the other for the rest of us."

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"The official spoke on condition of anonymity because the standards have not been made public." Those new standards make it harder for some institutions to get out from under government rules attached to the bailouts.

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Many Republican lawmakers on the oversight committee tried to blame the mortgage meltdown on the unchecked growth of Fannie Mae and Freddie Mac, the giant government-sponsored mortgage-finance companies that were placed in a government conservatorship last month.

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I see this financial breakdown, moreover, as being not merely a moral crisis but the monetary expression of the broader degradation of our values – the erosion of duty and responsibility to others in favour of instant gratification, unlimited demands repackaged as 'rights'  …

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The Republican Roots of the Subprime Crisis...

Many people are still snookered by the right-wing blogosphere's accusation that the Democratic Party is solely to blame for the current financial crisis.

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Rumble Group Announces Name Change to Thru.

Rumble Group of Dallas, Texas is pleased to announce it has changed its name to Thru. in conjunction with the launch of its newest online file delivery product, Thru.Outlook Edition. The goal of the name change is to leverage the strength of the Thru.

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