Feeds
Behind The Real Size of the Bailout: A guide to the abbreviations, acronyms, and obscure programs that make up the $14 trillion federal bailout of Wall Street. Mon Dec. 21, 2009 12:23 PM PSTThe price tag for the Wall Street bailout is often put at $700 billion—the size of the Troubled Assets Relief Program.
2009: The Year Wall Street Bounced Back and Main Street Got ShaftedBut if Wall Street is back on top, the everyday lives of large numbers of Americans continue to be subject to overwhelming trauma, chaos and disruption.
The Self-Destruction of Baraack ObamaPresident Obama has lost his 2012 bid for re-election. He can't blame only the Republicans. He's the one wimping out on health-care reform, he's the one in bed with Wall Street, he's the one who's escalating an unwinnable war in Afghanistan. What is to be done?
Dylan Ratigan: Why Keep Geithner?This is why I think we must ask if U.S. Treasury Secretary Timothy Geithner is still the right person for the job.
Squandered Honeymoon: How Botched Bailouts Hamper Healthcare ReformThe Administration's credibility and ability to inspire has been damaged by their actions in the bailout arena. We are back to the place where we can envision good policies but no one trusts that our government can deliver and execute them. The public option suffers as a result.
Trillions to Bail out Banks, We have No Reform AND FEDs Approve New AIG CEO 10 million a yearThe new CEO of AIG has $10 million in remuneration for the job of running a company the Feds gave $180 Billion of taxpayer dollars to support. There has been no reform in the financial industry which was the promise explicit in the bailout.
Auto Bailout Blues: Spin, Lies and LayoffsThe madness of the approach adopted by the Johnson and Nixon administrations to war in Vietnam was summed up by the American major who said after the destruction of the Vietnamese village of Ben Tre: "It became necessary to destroy the village in order to save it." The madness o …
Center for Public Integrity names 25 lenders responsible for economic meltdownThe Center for Public Integrity named 25 "subprime" mortgage companies whose risky lending was blamed for the US property market collapse and the subsequent global economic crisis.
"Too Big To Fail" Is Un-AmericanThe Too Big To Fail Doctrine is cited today as the reason for bailing out our financial system and our auto industry. Hundreds of billions of public dollars have been sunk in this endeavor so far, with little sign that it has done more than just postpone the inevitable.
Where's My Change?"No more fine print; no more confusing terms and conditions." This is what Barack Obama told a White House gathering of leading credit card issuers this week.
The Ones Who Got It RightHere are some of the people who got it right—early and often:
Growing Pressure from GOP and Dems to Get Rid of GeithnerRepublicans continue to grow more bold in their criticism of Geithner. Georgia Sen. Johnny Isakson said that he would resign if he were in Geithner's shoes and Kentucky Sen.
The American ruling classThe media have responded to Obama's proposal of a $500,000 limit on executive compensation, which would affect only a handful of firms, as though this were a severe and astonishing punishment.
Dodd Says Credit Card Companies Are Gouging Customers (Update2) Glad someone in D.C. has not participated in the KoolAid fest of late.
Wall Street To Pay Bonuses With Bailout With the financial industry on the receiving end of a massive bailout by the government, one would assume Wall Street wouldn't be paying out bonuses this year. Well think again.
Bloomberg Sues Fed to Force Disclosure of Collateral It's good to know someone is looking for accountability!!
It was an historic weekend in the Big Apple. It is a memorable point in human history. With the collapse of our financial system and first in a lifetime election possibilities, there's no doubt generations to come will look back to this point in time.
Wall Street's Great Heist of 2008The Wall Street Journal published a front-page article Friday reporting that the nine biggest US banks, which have received a combined $125 billion in taxpayer funds as part of the $700 billion bailout authored by Treasury Secretary Henry Paulson and passed by the Democratic Cong …
A.I.G. to Help Cuomo Recover Millions in Executive Pay American International Group agreed Thursday to help the New York State attorney general's office recover tens of millions of dollars in improper expenditures, including compensation given to two former top executives.
Unlike Wall Street, Small Banks Still Held Accountable For "Risky" Loan Policies. Community State Bank in Ankeny and First National Bank Midwest in Oskaloosa were issued enforcement agreements by the Comptroller of the Currency, who determined that both banks had "engaged in unsafe and unsound banking practices," the July filing shows.
Bush Job Approval at 25%, His Lowest YPresident Bush's job approval rating is at 25% in the latest Oct. 3-5 Gallup Poll, the lowest of the Bush administration, and only three percentage points above the lowest presidential approval rating in Gallup Poll history.
Nader Breaks Down the Bailout: Washington Had Wall Street Over the Barrel and Ended Up Getting RolledWhat candidate running for President in this election cycle foretold the Wall Street debacle ? Based on what the major candidates are claiming, you might think it was Obama or even McCain (if you were totally snowed by their propaganda).
Log In | Register
