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A collection of news and information related to $700 Billion Bank Bailout (2008) published by this site and its partners.
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Freshman senator with senior pluck takes on the financial industry
WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...
Tags: Ben Bernanke, Elizabeth Warren, Finance, Elections, Federal Reserve
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MarksJarvis: Financial pros try to address lack of trust
It's about time. Five years have passed since the financial crisis struck. And only now do Wall Street executives seem to be gaining awareness that many potential clients have lost trust in them and the stock market, and have been voting with their...
Tags: Stock Market, NYSE Euronext, Inc., Finance, Financial Markets, Economy, Business and Finance
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Elizabeth Warren's first grilling of regulators is a YouTube hit
WASHINGTON — Sen. Elizabeth Warren (D-Mass.), a darling of liberals who has been mentioned as a potential 2016 presidential contender, had kept a deliberately low profile since her election in November. In less than five minutes last week,...
Tags: Elisse Walter, Judges, YouTube, Elizabeth Warren, Richard Cordray
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Watchdog: Taxpayers still owed almost $133 billion from bailout
WASHINGTON (AP)— A government watchdog says U.S. taxpayers are still owed $132.9 billion that companies haven’t repaid from the financial bailout, and some of that will never be recovered.
The bailout launched at the height of the financial...Tags: Washington, DC, Finance, Companies and Corporations, Business, Manufacturing and Engineering
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Tuesday Morning Coffee: A Few Housekeeping Changes.
Capitol Ideas with John L. MicekGood Tuesday Morning, Fellow Seekers. Welcome to (yet) another rainy day here in the seat of government. Before we get into the usual mix of news, headlines, gossip and half-truths you've come to expect from us, we wanted to get...... -
GM to Make $20 Million Investment in Fairifax Plant
General Motors is re-investing in the Fairifax Plant in Kansas City, Kan. The company plans to make $20 million worth of changes to the plant to help with their building of the Buick Lacrosse. They're adding E-assist technology which will help make the...Tags: Plant Openings, Politics, National Government, Sam Brownback, Sports
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Analysis: 'Too Big to Fail' captures the frustration of government officials and the arrogance of Wall Street leaders
Midway through the HBO docudrama "Too Big to Fail," the head of the Federal Reserve Bank of New York despairs that ordinary Americans "have no idea the whole thing is about to fall down."
He's referring not to the stock market, which already was plunging...Tags: Arizona, Corporate Officers, John McCain, Ben Bernanke, Finance
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On way out, TARP watchdog takes a few more jabs at Timothy Geithner
Money & CompanyNeil Barofsky, leaving his job as watchdog of the Treasury Department's $700-billion Troubled Asset Relief Program, is taking a few shots at Treasury Secretary Timothy F. Geithner on his way out the door. Barofsky, the special inspector general for the...... -
TARP is 70% repaid after AIG makes $6.9-billion payment, Treasury Department says
Money & CompanyThe Treasury Department has recovered 70% of the money distributed under the $700-billion bailout fund after American International Group paid back $6.9 billion of the money it owed. AIG made the repayment Tuesday after selling its holdings in MetLife... -
Rep. Michele Bachmann of the Tea Party: 'We bought a bureaucracy that tells us which lightbulbs to buy'
Top of the TicketMichele Bachmann of Tea Party Express says, 'Instead of a leaner, smarter government, we bought a bureaucracy that tells us which light bulbs to buy... -
Top watchdog for the $700-billion bailout fund resigns
Money & CompanyNeil M. Barofsky, the outspoken special inspector general who has been the top watchdog of the $700-billion financial bailout fund, submitted his resignation to President Obama on Monday. Barofsky often has been sharply critical of the way the Treasury... -
How to avoid the next housing bubble
Today's question: How do we avoid another disastrous housing bubble? Increased regulation, or trust the market to price risk better next time? Previously, Mitchell and Abromowitz discussed what Washington should do about Fannie Mae and Freddie Mac, John...Tags: Money and Monetary Policy, Economic Policy, Mortgages, Inflation and Deflation, National Government
May 10, 2013
|Story| Los Angeles Times
May 8, 2013
|Column| Chicago Tribune
Feb 18, 2013
|Story| Los Angeles Times
Jan 26, 2012
|Story| Petoskey News
Sep 27, 2011
| Allentown Morning Call
Jun 13, 2011
|Story| WDAF
May 23, 2011
|Story| Los Angeles Times
Mar 2, 2011
| Los Angeles Times
Mar 8, 2011
| Los Angeles Times
Jan 25, 2011
| Los Angeles Times
Feb 14, 2011
| Los Angeles Times
Oct 17, 2008
|Story| Los Angeles Times
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