Geithner's assets significantly lower than Paulson

Treasury Secretary Timothy Geithner is no Hank Paulson when it comes to his personal finances.

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US bank lending rates up for 3rd day running

Dollar lending rates between banks rose for the third day running Monday after last week's turnabout by U.S. Treasury Secretary Hank Paulson on the $700 billion U.S. financial rescue program fostered renewed uncertainty in credit markets.

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The Glitter Dome by Joseph Wambaugh

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Organized Crime - Goldman Sachs - Finance Industry: What's The Difference?

What's the difference between Organized Crime and Goldman Sachs and the Finance Industry in general?

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Sen. Dick Durbin: Insider Trading?

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Capitol Hill Republicans investigating the fire sale purchase of Merrill Lynch by Bank of America last year are digging for evidence of improper behavior by two Bush appointees – former Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke.

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"Judicial Watch, the public interest group that investigates and prosecutes government corruption, announced today that it forced the Obama administration to release documents about the October 13, 2008, Treasury Department meeting that coerced major banks to allow the government …

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All this puts the SEC and the rest of the government in a horrible spot. It is a matter of public record that the law wasn't followed, thanks to Cuomo's disclosures last week.

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The real story!In a complaint filed with the U.S.

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The biggest bankruptcy in history might have been avoided if Wall Street had been prevented from practicing one of its darkest arts. As Lehman Brothers Holdings Inc struggled to survive last year, as many as 32.8 million shares in the company were sold and not delivered to buy …

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Liberal Tells Obama: "Keep Guantanamo Open!"

The prison at Guantanamo Bay, Cuba, has been a lightning rod for controversy throughout the Bush administration, and now the Obama administration is struggling with the question of what to do with it, and what to do with those detained there.

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AM I crazy, or wasn't the Obama presidency pronounced dead just days ago? Obama had "all but lost control of the agenda in Washington," declared Newsweek on Feb. 4 as it wondered whether he might even get a stimulus package through Congress.

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If Barack Obama's economic policies are successful in improving the economy, the Republicans could be out of power for years to come. That's why they are gutting the stimulus package -- for political expediency.

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Henry Paulson may be the most powerful manager of money in the world and he still couldn't do for taxpayers with the $700 billion bailout of American banks what Warren Buffett did for his shareholders in investing in Goldman Sachs Group Inc.

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Dear Hank,

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While the Big 3 automakers tank, the treasury secretary is touring China.

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The Clock Keeps Ticking

The Gross National Debt As the ever expansive national debt clock continues its accelerated rise north, it has become quite visually apparent that our current governmental bailout policies documents its incompetent nature.

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Secretary Paulson's strongarm tactics aren't working out as planned. Making modest investments in dozens of banks, whether they needed it or not, produces little for the public beyond the small profit for the Treasury.

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We're hearing the same argument elsewhere in Washington for saving General Motors. It's just "too big to fail." So Congress is considering a bailout that would keep GM afloat and sweeten a merger between GM and Chrysler.

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The U.S. government is dramatically escalating its response to the financial crisis by planning to invest $250 billion in the country's banks, forcing nine of the largest to accept a Treasury stake in what amounts to a partial nationalization.

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The editors of the National Review hack McCain's mortgage plan into tiny pieces, embracing instead the Frank-Dodd bill that passed this summer, stating:

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If the GOP's ultimate goal is to take down the Democrats and regain power, then I'll let Jeb Hensarling make the case against his new guard's strategy in his own words.

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The roller coaster this week has left some ordinary citizens outraged. Many are confused. Some are frightened. Most are disillusioned that their government officials allowed the financial industry to reel this far out of control.

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ABC News' Teddy Davis Reports: Former House Speaker Newt Gingrich reversed course on Monday, issuing a statement saying that if he were still in office he would "reluctantly and sadly" support the $700 billion Wall Street bailout bill.

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A USA Today/Gallup poll conducted Friday and Saturday finds more Americans disapproving than approving of how most of the major national political players have handled the recent problems on Wall Street.

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For all the focus on Friday night's deadlocked debate, it still can't obscure what preceded it: When John McCain gratuitously parachuted into Washington on Thursday, he didn't care if his grandstanding might precipitate an even deeper economic collapse.

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