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Jamie Lee Curtis: Fix the Income
I am thinking about the millions of workers who were cut loose by their partners, their government, their businesses, their bosses, their schools, institutions. The rope has been cut. How did this happen. When did it happen? Was it the crash or the Mad(off) men or the shock and awe of the (don'...
Sat, Jan 30 | from Huffington Post | More Bailout
Premier American Bank, N.A. Announced Agreement with the FDIC to Acquire Florida Community Bank
MIAMI----Premier American Bank, National Association, a national bank headquartered in Miami, Florida , announced that it has entered into an agreement with the Federal Deposit Insurance Corporation to purchase certain assets and to assume certain deposits of Florida Community B...
Fri, Jan 29 | from Yahoo! Finance | More FDIC
Fed Chief Bernanke Wins Second Term in Closest Vote
WASHINGTON -- Embattled Federal Reserve Chairman Ben Bernanke won confirmation for a second term Thursday, but only by the closest vote ever for the crucial post and after withering criticism from lawmakers for bailing out Wall Street while other Americans suffered in recession.
Fri, Jan 29 | from U.S. News & World Report | More Ben Bernanke
Opinion: Yves Smith: AIG Scandal: Fed as Chump or Fed as Crony?
2. They thought they had a better perspective on value than the banks themselves. This is staggering. They have NO idea how these deals are structured, no day-to-day involvement in the subprime, Alt-A, or commercial real estate markets. They are at a massive information disadvantage. The id...
Thu, Jan 28 | from Huffington Post | More Federal Reserve
Thoughts on Geithner, AIG, the Fed, and Tax Cuts -- By: Larry Kudlow
The question now becomes how to unwind the AIG bailout. The big banks have de-TARPed. The issue of AIG secrecy, however, still remains. But that’s not Geithner’s issue. He wasn’t part of the secrecy; he was part of the solution. (Incidentally, former Treasury man Henry Paulson will join me on T...
Thu, Jan 28 | from National Review Online | More Henry Paulson
Madoff Trustee Reports $220 Million Accord With Levy Family
The liquidator for Bernard Madoff’s defunct business said the family of deceased New York real estate magnate Norman F. Levy agreed to pay $220 million to settle claims over its profit from the fraud.
Thu, Jan 28 | from BusinessWeek | More Bernard Madoff
SEC Approves Interpretive Guidance on Climate Change Disclosures
The SEC today voted to provide public companies with interpretive guidance on existing SEC disclosure requirements as they apply to business or legal developments relating to the issue of climate change. The interpretive release approved today provides guidance on certain...
Wed, Jan 27 | from Media Law Prof Blog | More SEC
Hypocrite Bernanke and his Political Pandering; Bernanke Buys Votes
The job of Bernanke, Geithner, and Obama is to keep the rentier-financiers' imperial plunder regime in power. Ironically, whether or not Bernanke actually made those promises to Reid is irrelevant. Bernanke should never have put himself in the position to be accused. However, the key poi...
Wed, Jan 27 | from Mish's Global Economic Trend Analysis | More Ben Bernanke
Bureau of Prisons says Bernard Madoff being treated for dizziness and hypertension
BUTNER, N.C. - The federal Bureau of Prisons says Bernard Madoff is being treated at a prison medical center for dizziness and hypertension. Spokeswoman Traci Billingsley says Madoff is being treated at a hospital at the Butner federal prison in North Carolina.
Thu, Dec 24 | from Minneapolis Star Tribune | More Bernard Madoff
Georgia bank is 134th failure of the year
State regulators in Georgia closed RockBridge Commercial Bank Friday, bringing the total number of failed banks this year to 134, the Federal Deposit Insurance Corporation said.
Fri, Dec 18 | from CNN | More FDIC
US-Time-Person-of-Year
CNN) -- Time magazine announces Fed Chairman Ben Bernanke as its 2009 Person of the Year. It calls him "the most powerful nerd on the planet. ...
Wed, Dec 16 | from WIBW | More Ben Bernanke
What's Next on Warren Buffett's Buy List?
Buffett also recently upped his stakes in Johnson & Johnson (NYSE: JNJ). So which company do you think Warren Buffett will be investing in next and why? ... Fearful Stocks for Greedy InvestorsMotley Fool 5 Top Stocks at Half PriceMotley Fool This Is What Buffett Looks ForMotley Fool
Tue, Dec 15 | from Motley Fool | More Warren Buffett
Why BofA Wants BONY's Kelly - FOXBusiness
FOXBusiness (blog) And it also makes perfect sense why BofA swiftly paid back its $45 billion in TARP bailout money in order to chase after Kelly. By paying back TARP, ... BofA Is Back In CEO Talks With KellyWall Street Journal Bank of New York CEO Said to Want Bank of America JobBloomberg
Fri, Dec 11 | from Fox Business | More Bailout
Obama's Big Sellout
Left to deal with the still-reeling economy are lame-duck Treasury Secretary Henry Paulson, a former head of Goldman Sachs, and New York Fed chief Timothy ...
Thu, Dec 10 | from Center for Research on Globalization | More Henry Paulson
Black lawmakers call on Obama to do more on behalf of blacks
On Monday, Frank agreed to Waters's proposal to steer $3 billion from the federal Troubled Assets Relief Program toward mortgage relief for the unemployed. ... and more »
Wed, Dec 9 | from Washington Post | More TARP
Colbert Takes On The Federal Reserve, Says Congress Is Trying To See 'Its Fiscal Naughty Parts' (VIDEO)
Count Stephen Colbert among the opponents of calls to audit the Federal Reserve. Responding to what he calls claims that the Federal Reserve is a... Count Stephen Colbert among the opponents of calls to audit the Federal Reserve. The Fed's "merely an extra-constitutional star chamber that c...
Wed, Dec 9 | from Huffington Post | More Federal Reserve
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