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...
created by Tina Kells | 43 wks ago | updated 43 wks ago 416 views | 0 recommendations | 2 comments
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...
created by Tina Kells | 44 wks ago | updated 43 wks ago 1347 views | 6 recommendations | 5 comments
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...
created by Tina Kells | 46 wks ago | updated 46 wks ago 232 views | 2 recommendations | 1 comment
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...
created by Tina Kells | 1 year ago | updated 1 year ago 403 views | 2 recommendations | 0 comments
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...
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 2045 views | 4 recommendations | 2 comments
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...
created by Tina Kells | 1 year ago | updated 1 year ago 3653 views | 9 recommendations | 9 comments
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...