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Janet Tavakoli: Congress Exposes Potential Profiteering in AIG's Deals: Delay Enabled Further Cover-Up external link

Thu, Jan 28 |  from Huffington Post
Then Treasury Secretary Henry Paulson was CEO of Goldman Sachs at the time it put on these trades with AIG. Lloyd Blankfein was (and remains) CEO of Goldman and was the only Wall Street CEO at one of Paulson's bailout discussions. Stephen Friedman, then Chairman of the NY Fed, also served on G...

 
 

Recent News

Jamie Lee Curtis: Fix the Income external link

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

 

The Quiet Desperation of the MSM external link

Thus we see the “old grey lady,” the New York Times,  gradually, inexorably being reduced to an old grey bag lady as its readership declines by the day. Barring a federal bailout of the Times and other national lib media, which has been suggested and is not beyond possibility, that newspape...
Sat, Jan 30 |  from Say Anything

 

Crisis in Spain and Greece: Plan A and Plan B external link

There's no bailout. There's no way out," French Finance Minister Christine Lagarde said, after a closed-door meeting with European Commissioner Joaquin Almunia and European Central Bank President Jean-Claude Trichet. Though, talk of a bailout has been dismissed, the idea continues...
Fri, Jan 29 |  from Mish's Global Economic Trend Analysis

 

Ben Protess: Congressman to AIG: Show Us Your E-mail external link

Rep. Darrell Issa of California, the ranking Republican on the Committee on House Oversight and Government Reform, recently released e-mails showing that the New York Fed kept details of these payouts secret while now-Treasury Secretary Timothy Geithner was in charge of the New York F...
Fri, Jan 29 |  from Huffington Post

 

Norb Vonnegut: Holden Caulfield on Banking external link

Then, we have the investigations. There's Congress. They're hopping mad about the Fed's indirect payments to AIG counterparties during the bailout. There's Neil Barofsky. He's trying to piece together what happened: why the Fed won't disclose more details; or why Goldman's alumni were e...
Fri, Jan 29 |  from Huffington Post

 

Mary Bottari: This Week in Banking: Root Canals, Rhetoric or Real Reform? external link

The President understands that the Wall Street bailout was "about as popular as a root canal." But if Democrats continue to peddle this type of rhetoric while neglecting meaningful reform as they have done this week, the Republicans will run away with the anti-bailout message and with th...
Fri, Jan 29 |  from Huffington Post

 

Stocks Waver in Spite of Strong GDP Data (Market Update) external link

The stock gains come as stocks are set to close out their worst month since February. The slump has come on worries over how companies would be impacted by monetary tightening in China as well as bank restriction plans in the U.S. There was also a bit of uncertainty over whether Federal Reserve...
Thu, Jan 28 |  from Smartmoney.com

 

Treasury Announces Fix To Foreclosure-Prevention Plan, But Nearly 500K Homeowners At Risk Of Being Bounced external link

With as many as 450,000 troubled homeowners in danger of being bounced out of the Obama administration's signature foreclosure-prevention program due to documentation problems, the... With as many as 450,000 troubled homeowners in danger of being bounced out of the Obama administrati...
Thu, Jan 28 |  from Huffington Post

 

Nowhere Man’s Address…Return To Sender. Obama’s Bomb. external link

Some Democrats could not withhold their anger. Representative Stephen Lynch, D-Mass, speaking to Obama Treasury Secretary Timothy Geithner at hearing about the Wall Street bailout, “It just stinks to the high heaven what happened here”. Whether he knew it or not Representative Lynch h...
Thu, Jan 28 |  from Say Anything

 

Hall of Fame News

Opinion: Sen. Ted Kaufman: Breaking Wall Street's Boom, Bailout Cycle

How To: Federal Bill Tracking on ThomasVideo included in this story.  Click to view.

Podcast: Who is Obama Playing Ball With?

Opinion: Nathan Lewis: The GS-Files 2: Stuffing the Taxpayer

Podcast: "Those Hit Hardest Get No Bailout"

Banks plot how to spend millions in bailout cash

Opinion: Charles D. Ellison: Elements for a New Economy

Headlines for January 28, 2010

Podcast: "Workers Laid Off, Executives Paid Off, Bernard Madoff"

Opinion: Letters to the Editor

Lawrence G. McDonald: The Volcker Rule

Bleak Budget Projections Yield Some Bits of Good News

Podcast: ANN Daily Aero-Briefing: 12.17.08

Thomas Adams and Yves Smith: Much of Fed's Secrecy Dissipates with a Little Digging

Opinion: Ellen Brown: Reviving the Local Economy With Publicly-Owned Banks

Obama Starts 'Big Fight with the Banks'

Podcast: Bailout needs conditions

Opinion: Strickland calls bailout debate 'score settling'

Elizabeth Warren: Consumer Protection Agency Would Have Prevented Crisis (VIDEO)

Corrupt Politics and Imprudent Bailouts are Two Peas in Same Pod

Podcast: Trick or Treat: Markets Up, Confidence Down

Opinion: It Is the End of An Era, But They Won’t Admit It

SEC Widens Probe Into BofA, Merrill Deal

EU Ready to Bailout Greece; Debt Downgrades in Baltic States; Can Euroland Even Survive?

Podcast: From Deregulation to National Guarantor: in a Blink!

Les Leopold: Why Billionaires Should Pay for the Jobless Recovery

Opinion: Obama's Bailout For Homeowners Making Shaky Progress: One Homeowner's Story

Pay to Play; Obama brings the Chicago Way to Washington

Podcast: The Good and the Bad of the Bailout Plan

Opinion: Jamie Court: Health Reform Debate Turning Into Bailout Of Insurance Industry

Les Leopold: Stop Whining: Wall Street's Record Profits, Pay, Dow 10,000 are Great News

Govt. Bailout Won't Make The Chrysler Issue Go Away

Opinion: The Media Consortium: Weekly Audit: Budget Good, Bailout Bad Economy NewsLadder

Michael Likosky: Bailout California Now! -- The Top 10 Reasons

A Repudiation, But of What? by Michael D. Tanner

Opinion: John O'Kane: Brokering the Bailout

Opinion: Judging the Homeless

Thoughts on Geithner, AIG, the Fed, and Tax Cuts -- By: Larry Kudlow

Headlines for January 25, 2010

PR/Media Week in Review 9-21-2008

Tim Geithner Testimony: AIG Bailout Wasn't Intended To Benefit Individual banks

Will President Obama's Proposed Bank Tax Do Anything?

Adam Lioz: Bank of America or America of the Banks?

Where’s the Anger?  F&F “Fat Cats” Get $42 MIllion in Bonuses While F&F Needs a Blank Check

Opinion: AIG Bailout: The News Isn't All Bad Department

Opinion: James Warren: Upset with AIG? How About Your Bailout Funds Supporting Tiger Woods and Europe's Soccer Stars?

Why the Financial Industry Can't Pre-Fund Its Next Bailout -- By: Nicole Gelinas

Bair: "Bank Bailout NOT a good thing"; Pension Benefit Guaranty Corp (PBGC) Bailout Coming

Opinion: Pelosi supports new help for ailing US automakers

Karen Dolan: What Obama is Getting Wrong About Economic Recovery

Fed Owns Deserted Oklahoma City Mall

Goldman plans stock sale -- and an exit from U.S. bailout

Les Leopold: Breaking out of the Billionaire Bailout Society

Opinion: The Bailout Index (Tradecraft)Video included in this story.  Click to view.

Should the Fed bailout failing corporations like AIG?

House GOP, Chamber Organizing Against Bank Fee

Opinion: Josh Silver: How the Media Sold Their Souls to Wall Street

September 25, 2008 (Thursday): Bailout Deal Stalls Out; WaMu Collapses

Arianna Huffington: Has Obama's Handling of the Bank Bailout Undermined Health Care Reform?

Opinion: Gary Shapiro: A Bailout for the Economy, Not Just the Automakers

Geithner Defends A.I.G. Rescue as Essential

Opinion: Detroit: Same Old, Same Old

Headlines for January 15, 2010

Opinion: Bailed Out Banks Sought Foreign Workers For High-Paying Jobs: AP

Q&A With David Stockman: Taking Aim at Crony Capitalism

TARP Watchdog, Neil Barofsky, To Launch Investigation Into Fed's Secrecy On AIG Bailout

Obama: Send $30 Billion In Big Bank Bailout Money To Community Lenders For Small Business

GOP Rep. Darrell Issa: AIG Documents Must Be Turned Over By NY Fed

Opinion: Paul Jenkins: Bailing Out Dan Quayle

Rep. Darrell Issa: Geithner's Time to Give Answers

Beware the Taxpayer Bailout of Underfunded Teamsters Pension Funds

Opinion: Standing Athwart a Bailout

FHA Bailout By Taxpayers On The Way

Reflections On 2008, Themes For 2009

Is Bernanke Hiding A Smoking Gun?

Sheldon Filger: U.S. Treasury Strikes On Christmas Eve: Unlimited Taxpayer Support For Fannie Mae And Freddie Mac

Bipartisan Effort Would Force An IG On Fannie And Freddie

Opinion: Will credit crunch, economy hurt nuke plans?

Sheldon Filger: U.S. Treasury Strikes On Christmas Eve: Unlimited Taxpayer Support For Fannie Mae And Freddie Mac

Bustup Not Bailout

Citigroup To Repay $20 Billion In TARP Bailout Money

Opinion: Charlie Cray: Obama's Wall St. Reforms: Timid at Best

Citigroup To Repay $20 Billion In TARP Bailout Money

Opinion: Insurance safety nets can be a lifesaver

Why Not Target General Motors and Chrysler with Bailout Tax?

David Fiderer: Neil Barofsky's Eight Fraudulent Claims in His Report on the AIG Bailout

Geithner Testimony: New "Too Big To Fail" Legislation Won't Lead To More Bailouts

Banking on Taxes -- By: Iain Murray

Quinnipiac: 53% of Voters Disapprove of Health Care Bill

Opinion: Chrysler's Italian bailout?

Hartmarx Protest: Workers At Obama Suit Maker Vote To Stage Sit-In (VIDEO)

WIRE WATCH: Jobs Forums; Bernanke Testifies; White House Security; Teen Dating; Financial Services Conference

Opinion: Dissent on "Which Plan is Best": Why a Second Best Plan May not be Good Enough

Geithner Says He Won’t Quit, Takes Swings at GOP Rep. BradyVideo included in this story.  Click to view.

Opinion: Douglas slams Govt's F&P bailout talk

Axelrod v. Rove on Deficits -- By: Stephen Spruiell

Obama Takes Crack At GOP For Not Applauding Tax Cuts (VIDEO)

Congress and the disingenuous blame game

Opinion: 'Car Czar' will hasten auto collapse

Bailout About To Get Worse: You've Got To Freaking Be Kidding Me

Opinion: At Least There's One Bailout Watchdog

Obama's Uphill Battle to Rein in Banks (On the Street)

Review: TARP recipients still lobbying

Gays Seek 1M Prize to hype homosexual proms, co-ed bathrooms

UAE Bailout Returns Focus to the Fed (Market Update)

NY Fed Told AIG to Limit Disclosure of Bank PaymentsVideo included in this story.  Click to view.

Opinion: New York Times vs. The Obama Bailout Plan [Greg Pollowitz]

Amy Sohn: Why I Joined Actors Federal Credit Union

Former Auto Czar Returns–To Defend Auto Bailout

Obama To Push Tax On Being 'Too Big To Fail'

Opinion: Obama being criticized for decisionsVideo included in this story.  Click to view.

Subprime Culprits Are Modifying Loans With Taxpayer Money: Center For Public Integrity

RJ Eskow: A Health Care Bailout For the Middle Class

AIG shares soar on hopes for easing of bailout terms

State Leaders Review Paterson's MTA Bailout Plan

Too Ugly To Watch

Toxic Assets May Still Pose A Risk, Says Oversight Panel

What's Still Hidden In AIG's Files?

Opinion: Shelby attacks administration bailout proposal

Don't Mention the War -- By: Iain Murray

Bailout for Beginners

Obama: Shift $30 Billion From TARP Funds To Community Banks

Michael Whitney: U.S. Chamber of Commerce <3s Bank of America

Opinion: Federal bank bailout isn't trickling down, panel told

Opinion: Citigroup bailout plan sends world sharemarkets higher

Swedish Bank Fee Sets Example for America

Bailout Watchdog: Shutting Down TARP To Be Tricky, Government Does Not Have Plan To Address 'Too Big To Fail'

Rep. Welch Pushes Tax on Bonuses at Banks That Got Bailout Funds

Opinion: FACTBOX: Where has the bailout money gone?

Budget Deficit Tops $1 Trillion For First Time

Big Three use bailout bucks to sue state governments

The end of liberalism?

Bail In or Bail Out?

Opinion: Obama plans financial oversight board

Geithner Subpoena: House Committee Wants AIG Emails, Phone Logs

Henry Blodget: The United States Of Wusses

Bank Of America Wants To Begin Paying Back Bailout Money, Avoid Government "Fee"

Opinion: In the Name of Venality

Cuomo Details Bonuses From Bailed-Out Banks

Bernanke Testimony: Fed Chair Says He Didn't Pressure Bank of America To Buy Merrill

TARP Repayment: Treasury Says 10 Banks Get To Payback $68B

Opinion: $3 trillion! _ Senate, Fed, Treasury attack crisis

Bank of America TARP Repayment Premature, Analyst Says

Opinion: Right Kind of Bailout

Michael Pento: Who Will TARP America?

Obama Administration Weighing New Fee on Banks to Pay for Bailout

Bailout Defeat Offers Opportunity

Opinion: Obama says economic turnaround could take yearsVideo included in this story.  Click to view.

AIG Asks Federal Permission To Pay $2.4 Million In Executive Bonuses

Bailout, schmailout

A Couple of Simple Suggestions On How To Build Support For the Bailout Package

Fed Profit Tops $50 Billion

France comes up with an even dumber auto industry bailout

More on the BailoutVideo included in this story.  Click to view.

Howard Dean Turns on Senate’s Latest Health Care Overhaul Bill

Auto union chief pleads for government bailout help

Plans for $25 billion to help automakers face obstacles

The Bailout Deal: What Is It?

Geithner AIG Testimony: Treasury Secretary Says AIG Bailout Saved Economy, Not Individual Banks

Federal Reserve Refuses to Come Clean About Secret Bailout Transactions

Wall Street Breakfast: Must-Know News

Wall Street Breakfast: Must-Know News

Wall Street Breakfast: Must-Know News

Wall Street Breakfast: Must-Know News

US Treasury Decides Whether or Not to Extend Fannie and Freddie’s Bailout

AIG names banks and other beneficiaries of its U.S. rescue

 
 

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