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Paulson Among Buyers of Failed IndyMac Bank
The FDIC issued a news release Friday to let the world known the agency’s board had approved a letter of intent to sell IndyMac Bank to a thrift holding company controlled by IMB Management Holdings LP. ... US Treasury Secretary Paulson: What did he expect?
It's ironic that the U.S. treasury secretary is complaining at the lack of regulatory tools at his disposal when the administration that he is part of has spent the last eight years getting rid of them. "Outgoing U.S. Treasury Secretary Henry Paulson said the U.S.... Suit Filed Over AIG’s Promotion of Shariah Law
One week ago today, officials at the Thomas More Law Center announced they had filed a federal lawsuit (pdf) against Treasury Secretary Hank Paulson and the Federal Reserve Board to stop all bailout funds from going to American International Group, Inc., the insurance giant... Is Madoff Really A Wall Street Anomaly?
As if the negative news of the past month was not enough to rattle the constitutions of the hardiest bank accounts, a new face has appeared to erase Paulson’s from principal and front-page news coverage. The new face of Wall Street’s meltdown is Bernard Madoff, a... Paulson and Bernanke Spread the Wealth Around
"During the campaign, Barack Obama provoked a media flurry and right-wing outrage over his comment to Joe the Plumber about "spreading the wealth around." They told us that this view was contrary to the American Way, that this was socialism. Given all the concern over... This Is Not A Normal Recession: Moving on to Plan B
""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...The Dirty Secret of the Financial Crisis: Our Banking System's Broken
"Henry Paulson's $700 billion plan to save the world is dead or dying, but the bailout was not killed by his arrogance or his grossly misleading claims about what the public's money would buy. The plan collapsed because it didn't work. The Treasury secretary has launched a PR...
created by MortgageAuditor | 50 wks ago | updated 50 wks ago
136 views | 0 recommendations | 0 comments
136 views | 0 recommendations | 0 comments
Thomas Friedman: We Found the W.M.D.
Thomas Friedman quotes Norman Ornstein in today's Times: "What we can do now, though, said the Congressional scholar Norman Ornstein, co-author of “The Broken Branch,” is “ask President Bush to appoint Tim Geithner, Barack Obama’s proposed Treasury...The foreclosure freeze tide
"WASHINGTON (Legal Newsline)--As Capitol Hill remains under siege from all sides of America's faltering economy, pressure to stem the tide of foreclosures continued to make inroads as Fannie Mae and Freddie Mac became the latest to join the foreclosure freeze movement.The...Paulson's $140B surprise
Danny Schechter: While world debated bailout, Treasury snuck bank merger tax break under congress' nose
created by therealnewsnetwork | 50 wks ago | updated 50 wks ago
58 views | 0 recommendations | 0 comments
58 views | 0 recommendations | 0 comments
U.S. Treasury Secretary Paulson changes tack on financial rescue
And the American public responds with thinly-veiled anger and sarcasm. The original story is posted here:... No Time for Laurels; Now the Hard Part
"No Time for Laurels; Now the Hard Part Sign In to E-Mail or Save This Print Reprints ShareLinkedinDiggFacebookMixxYahoo! BuzzPermalink By PETER BAKER Published: November 4, 2008 ...Paulson's Swindle Revealed
"The swindle of American taxpayers is proceeding more or less in broad daylight, as the unwitting voters are preoccupied with the national election. Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman... MASTER OF THE UNIVERSE!
Master of the Universe, Henry Paulson says he knows how to fix the financial crisis now facing the USA. I wonder if he does? Or is it a "bailout" of his buddies on Wall Street? I guess we will know soon enough... 115 views | 2 recommendations | 2 comments
Rich-world Bailout is Hurting World's Poor and is a Big Distraction From Figh...
Opinion: OECD warns Britain too corrupt for investors: The IMF should think very carefully about bailing out developed countries in this financial crisis. The facts behind the crisis - the greed, the housing...
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