Senate Banking Committee Chairman Christopher Dodd recently said that lawmakers were demanding to see more concrete action from government before it approves the release of the remaining $350 billion bailout funds...
created by cassy82 | 49 wks ago 95 views | 0 recommendations | 0 comments
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. ...
The US Federal Deposit Insurance Corporation and the Treasury Department are set to work hand in hand on a program that could help improve the national concern on foreclosed properties. The said government agencies are reported to have been finding ways to alleviate...
created by cassy82 | 1 year ago 28 views | 0 recommendations | 0 comments
In the blink of an eye, and on three little pages of a standard memo, the US Treasury Department granted the banking industry a $140 billion tax break on top of the $700 billion in taxpayer money being handed over...
created by Tina Kells | 1 year ago | updated 1 year ago 330 views | 5 recommendations | 0 comments
Naomi Klein, author of the best-selling "Shock Doctrine" about capitalist exploitation of disaster for profit, comments on the Wall Street Bailout, the Federal Reserve extending $2 trillion in emergency loans without disclosing recipients or collateral, the Treasury's illegal...
opinion by Erik Larson | 1 year ago | updated 1 year ago 144 views | 5 recommendations | 4 comments
While Senator John McCain is urging the government to buy bad home loans, inadvertently making taxpayers pay for the difference between these and the homes’ new values, Barack Obama is proposing a 90-day...
created by cassy82 | 1 year ago | updated 1 year ago 102 views | 0 recommendations | 1 comment
The privately-owned Federal Reserve Corporation is giving away another $2 Trillion in taxpayer's money under rules that were mostly made up in the last 15 months as their economic shell game began to fall apart with the collapse of the Wall Street-inflated housing market...
created by Erik Larson | 1 year ago | updated 1 year ago 149 views | 10 recommendations | 0 comments
The U.S. Treasury will name Neel Kashkari, assistant secretary at the department, to head the new Office of Financial Stability and manage the administration of the $700 billion bailout plan. Neel Kashkari...
created by Tina Kells | 1 year ago | updated 1 year ago 2037 views | 4 recommendations | 2 comments
What was yours is now the government's..."In a little-noticed executive order issued on Tuesday, President Bush directed the Treasury Department to block the U.S.-based financial assets of anyone deemed to have threatened "the peace or stability of Iraq or the Government of...
created by mtippett | 2 years ago 829 views | 12 recommendations | 6 comments
"Academy Award-winning filmmaker Michael Moore is under investigation by the U.S. Treasury Department for taking ailing Sept. 11, 2001 rescue workers to Cuba for a segment in his health-care documentary Sicko.
The...
created by ricknight | 2 years ago | updated 2 years ago 389 views | 2 recommendations | 0 comments
Real Estate News "On Thrusday, the Senate Appropriations Committee approved legislation that would permanently ban U.S. banks from engaging in real estate activities, a protection long sought by the real estate industry."
created by Troy | 3 years ago 467 views | 0 recommendations | 0 comments