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Jamie Lee Curtis: Fix the Income
Sat, Jan 30 | from Huffington Post | More Bailout
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'...
Recent News
American Marine Bank seized, sold to Columbia State Bank
The Bainbridge Island-based bank has been sold to Columbia State Bank of Tacoma by the The Federal Deposit Insurance Corporation.
Fri, Jan 29 | from KOMO | More FDIC
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
Economy Grew 5.7% Last Quarter
Growth was boosted a sharp slowdown in the pace of inventory liquidation, a factor that could mask the strength of the economic recovery from the longest and deepest downturn since the Great Depression. But what do some economists say?
Fri, Jan 29 | from Donklephant | More Federal Reserve
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
