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It Will Take a Miracle for GM to Pay U.S. Back
I was impressed by What I Learned Today about the “bill of goods” that is being sold to the American taxpayer in the form of the government rescue of General Motors: $30.1 billion = 60 percent stake in New... US Treasury Targets Hizballah Network in Africa
US Department of the Treasury targeted Kassim Tajideen and Abd Al Menhem Qubaysi, under E. O. 13224, an Executive Order signed by former President G. W. Bush on September 23, 2001, in response to the September 11,...
created by Rhonda J Mangus | 25 wks ago | updated 25 wks ago
462 views | 36 recommendations | 14 comments
462 views | 36 recommendations | 14 comments
US Treasury Accused of Harassing Cuba's Suppliers
The United States Treasury Department's Office of Foreign Affairs (OFAC), is accused of harassing Cuba's suppliers after levying a $20,950 fine on Lactalis USA." The U.S. Treasury Department’s Office of...
created by Rhonda J Mangus | 36 wks ago | updated 36 wks ago
113 views | 10 recommendations | 3 comments
113 views | 10 recommendations | 3 comments
Citigroup Homeowner Unemployment Assist to Help Mortgage Holders
Citigroup has gone back to the US Treasury asking for more taxpayer funded bailout money so it is about time the company gave something back to the people. Citigroup announced today that some mortgage holders... Citigroup Preferred Stock Conversion Key to New US Treasury Deal
The Treasury Department has reached a tentative deal with Citigroup that may help the struggling financial company stay in business. The US Treasury has agreed to substantially increase its ownership in... AIG $60 Billion Expected Q4 Loss Forewarning Bailout Default?
AIG is not confirming or denying a reported insider's leak claiming that 2008 Q4 losses will reach $60 billion, more than double the $24.5 billion lost in Q3. AIG was granted two rounds of bailout funding totaling $150 billion after the dismal Q3 figures (PDF) were... Shades of Gordon Gekko, Financier Says "Greed is Good"
Using one of the most famous lines uttered by Michael Douglas' character Gordon Gekko in the 1987 film Wall Street, a film about corporate greed and corporate raiding on Wall Street, Roy C. Smith... 'Wells Fargo Ruling' May Be Illegal
The US Treasury, under cover of the uproar over the Wall Street Bailout, issued a notice in which it claimed authority to overturn Section 382 of the Tax Code, a two-decade old law created to stop mega-conglomerates from using shell companies to hide losses and avoid taxes.... When the threat of 'Socialism' is used to raise fear and anger in the US popu...
Culture - Politics: - Like many people I wanted to better understand why the US Treasury presumes to have answers to fix the problem of a recent colossal banking collapse of its own making. I also wanted to read an account of events from a 'left' perspective instead... 314 views | 16 recommendations | 13 comments
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