View By Tag : bailout

A.I.G. Reports $8.87 Billion Loss in 4th Quarter (www.nytimes.com)

The American International Group, the insurance giant, said on Friday that it lost $8.87 billion in the fourth quarter as it paid down some of the billions of dollars in bailout loans it received from... More

Tags: big banks,aig,bailout,sec

Submitted 23 days ago by gregplaysdrums | 0 Comments |

Hightower Lowdown | How corporate money took over Washington--and created the mobs who rant against reform (www.hightowerlowdown.org) TMC

Despite a constant racket from the forces of the far-out right (Fox television's yackety-yackers, just-say-no GOP know-nothings, tea-bag howlers, Sarah Palinistas, et al.), the great majority of... More

Tags: tmc,tmcmedia,economytmc,economy,bailout,financial reform,wall street

Submitted about 1 month ago by AlisonHamm | 0 Comments |

My Big Fat Greek Bailout (www.banksterusa.org)

While Treasury Secretary Timothy Geithner was on the talk shows reassuring America that the economy is healing, developments in Europe threatened to cut the legs out from under a U.S. recovery.

Tags: big banks,bailout,greece,european union

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

Testy Conflict With Goldman Helped Push A.I.G. to Edge (www.nytimes.com)

Billions of dollars were at stake when 21 executives of Goldman Sachs and the American International Group convened a conference call on Jan. 28, 2008, to try to resolve a rancorous dispute that had... More

Tags: big banks,goldman sachs,aig,bailout

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

What the New York Fed Bought in A.I.G.’s Bailout (dealbook.blogs.nytimes.com)

One more secret of the American International Group’s bailout became public on Wednesday: a list of the tens of billions of dollars in toxic assets that the Federal Reserve Bank of New York bought... More

Tags: big banks,bailout,aig,federal reserve

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

SEC mulled national security status for AIG details (www.reuters.com)

U.S. securities regulators originally treated the New York Federal Reserve's bid to keep secret many of the details of the American International Group bailout like a request to protect matters of... More

Tags: big banks,aig,federal reserve,bailout

Submitted about 1 month ago by gregplaysdrums | 0 Comments |

What's Still Hidden in AIG's Files? | The Huffington Post Investigative Fund (huffpostfund.org) TMC

As federal hearings into the cause of the financial crisis got underway this week, attention has focused on one key outstanding question: Whether the giant insurer American International Group... More

Tags: tmc,tmcmedia,economytmc,bailout,wall street,bonuses,aig

Submitted 2 months ago by AlisonHamm | 0 Comments |

Obama Calls for Bank Tax to Recoup Bailout (www.nytimes.com)

President Obama on Thursday called for collecting a new tax for at least a decade on about 50 of the largest financial institutions, saying he wants “to recover every single dime the American people... More

Tags: big banks,obama,bailout,wall street,tarp

Submitted 2 months ago by gregplaysdrums | 0 Comments |

Let’s Toss Geithner and Take Our Money Back (www.chelseagreen.com) TMC

“An arm of the Federal Reserve, then led by now-Treasury Secretary Timothy Geithner, told bailed-out insurance giant AIG to withhold key details from the public about overpayments that put billions... More

Tags: tmc,tmcmedia,economytmc,economy,federal reserve,timothy geithner,bailout,taxes,wall street

Submitted 2 months ago by AlisonHamm | 0 Comments |

Geithner's Stock Plummeting (www.banksterusa.org)

The Geither to Goldman clock keeps on ticking. New revelations about Secretary Geithner's mishandling of the AIG bailout while head of the New York Fed have once again set his stock plummeting in... More

Tags: big banks,geithner,aig,bailout

Submitted 2 months ago by gregplaysdrums | 0 Comments |

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