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...

360 Bailout Backed Banks: Is Your Bank on the List?

So far 360 banks have received some sort of bailout funding under the Troubled Assets Relief Program (TARP). As the recession (shhh, Prime Minister Brown, it is NOT a depression) deepens more banks are sure to line up for their share of the $700 billion bailout package.Take a...

Obama to Sell Stimulus Package in Series of Town Hall Meetings

US President Barack Obama is on the road to rally public support for his economic stimulus package and he is starting in Indiana, the state that has been among the hardest hit by the economic crisis.  With the...

Bernanke wants new stimulus package to ease credit crunch

Federal Reserve Chariman Ben Bernanke is asking that more taxpayer money be used in a new stimulus package designed to bolster stalled credit markets.  Bernanke made the announcement today stating that the...

Monday market wrap up: Bailout fails to save global markets

The bailout was supposed to save the stock markets, but that didn’t happen.  Monday morning global markets opened to steep declines and the carnage never let up.  By the end of trading, major markets worldwide had posted significant losses.Commodities were also...

Neel Kashkari: Paulson's $700 billion man

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...

Congress approved! Bailout bill details

The second bailout plan has been approved by Congress, and the details of the revised package contain some important differences from the rejected original. Take a look at the new bailout bill details; or, read a...

See how Your State's Representatives voted & Switched on the Bailout Bill

You can check on how Your State's Representatives voted. On Stophousingbailout site.See how your Senators voted on the BailOut Bill.See which Representatives switched their votes in the House. Vote Switchers.2 out of 7 Representatives from Louisiana voted yes on the...

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