Show us our money. TARP isn’t over says this report. American taxpayers are owed a sizeable amount – a little more than half the amount we loaned on bailouts. " “Report: Taxpayers Still Owed $132.9B From...
This is a prelude to an article i wrote on Examiner.com: "As this article goes to press, this related and just breaking news: " Zero Jobs Created, August Jobless Rate Stuck at 9.1% http://bit.ly/obzyvu "] In...
The Congressional Budget Office had a busy day on March 18 with billion-dollar announcements involving relief programs and health care reform. Budget analysts reported Thursday that over the next 10 years, a health...
created by Jacob Zinn | 1 year ago | updated 1 year ago 175 views | 0 recommendations | 0 comments
When the people of Massachusetts made their profound statement on Tuesday by voting for Scott Brown as their Senator, I couldn't help recall reading the testimony of Illinois Attorney General, Lisa Madigan, when she appeared before the Financial Crisis Inquiry Commission...
" The brazenness of the financial services industry knows no bounds. The latest sighting comes in the form of a leak (or a plant? of the fact that Securities Industry and Financial Markets Association which is...
opinion by nanute | 2 years ago 220 views | 17 recommendations | 15 comments
BofA to Repay $45 Billion in TARPBank of America to Repay Entire $45 Billion in TARP to U.S. Taxpayers Company to Increase Capital, Enhancing Tier 1 Common Capital Ratio Press Release from BofA Bank of America to Repay Entire $45 Billion in TARP to U.S. Taxpayers From CNBC:...
created by snuffysmith | 2 years ago | updated 2 years ago 161 views | 0 recommendations | 7 comments
This past summer, angry tea baggers yelled, screamed and berated Democrat lawmakers over government spending on health care. There was also a protest in Washington D.C. over the taxpayer dollars being used to...
The number of Charlotte foreclosure homes rose another record high in August. Industry experts said that the federal government’s Troubled Asset Relief Program (TARP) failed to prevent thousands of homeowners in North Carolina from losing their properties to foreclosures. "...
created by cassy82 | 2 years ago 62 views | 0 recommendations | 1 comment
In Q2, AIG can quote a $1.82 B net income. The results are the first profit reported for the company since 2007. AIG's stock price rallied up 7.8 % due to the Q2 financial report in addition to the positive market indicators on the economy: The monthly unemployment index...
created by peder.sande | 2 years ago | updated 2 years ago 157 views | 1 recommendation | 0 comments
Everyone tells us the economy is bad and credit is tight, but the economic crisis is personal for thirteen hundred people in Central Alabama. Plantation Patterns, a subsidiary of Meadowcraft, Inc..with plants in Wadley and Selma has been in bankruptcy since March 20 and...
Despite overheated rhetoric by its defenders, history will not prove kind to George W. Bush and his foreign policy decisions that have been or well be debacles. The Obama administration is quite right to argue repeatedly that the Bush team left behind a foreign policy mess...
CIT Group, which had been flirting with bankruptcy, has secured some last-minute funding. The news sparked a massive surge in CIT stock. The US federal government had given CIT Group over $2 billion in TARP funding, and recently turned down a request for yet more financial...
The U.S.Treasury Department has approved 10 of the country's largest banks to begin repaying $68 billion in bailout money. The banks have been eager to repay the money received through the government's Troubled Asset...
created by Jarrett Martineau | 2 years ago | updated 2 years ago 451 views | 12 recommendations | 1 comment
I Guess Moving Chairs Around and Lobbyists in the White House was not Such a Bad Idea By Albert N. Milliron, Editor, Politisite.com, Iron Mill Interactive Media, Inc This writer followed Barack Obama around the...
created by Albert Milliron | 2 years ago | updated 2 years ago 197 views | 16 recommendations | 0 comments
Secretary Geithner presented updates on TARP, the banking sector and the government foreclosures program before members of the Congressional Oversight Panel on Tuesday. " The uncertainty surrounding the health of...
created by cassy82 | 2 years ago | updated 2 years ago 134 views | 0 recommendations | 1 comment