View By Tag : bailout

Weekly Audit: Crashing the Corporate Christmas Party (www.themediaconsortium.org) TMC

While Wall Street will ring in the new year with huge bonuses and taxpayer-fueled profits, there is little holiday cheer for the workers whose tax dollars funded the bank bailouts. Although bank stock... More

Tags: bailout,bank bailout,banks,citibank,corporate tax breaks,economy,foreclosure cisis,mortgage crisis,tarp,subprime mortgages,unemployment rate,tmc

Submitted 2 months ago by lizchapman | 0 Comments |

Citigroup to break away from TARP bailout (www.upi.com)

Financial giant Citigroup said it reached an agreement with the U.S. Treasury Department that clears the way for the bank to exit federal bailout programs.

Tags: big banks,bailout,citigroup,tarp

Submitted 3 months ago by gregplaysdrums | 0 Comments |

Obama: I Didn't Run For Office To Help 'Fat Cat Bankers' (www.huffingtonpost.com)

President Obama takes aim at "fat cat bankers" and their aggressive lobbying efforts to defeat financial reform in a 60 Minutes interview.

Tags: big banks,obama,60 minutes,bailout

Submitted 3 months ago by gregplaysdrums | 0 Comments |

Barney Frank Wants Bailout Interest Payments To Go To Unemployed Homeowners (airamerica.com) TMC

Rep. Barney Frank said Monday he is pushing a proposal to use some of the interest the government collects from the financial industry bailout to give loans to unemployed homeowners struggling to pay... More

Tags: barry frank,bailout,loans,unemployment,mortgages,obama,financial service committee,tarp,economic crisis,congress,development,tmc

Submitted 4 months ago by lizchapman | 0 Comments |

Weekly Audit: Saying 'No' to Corporate America (open.salon.com) TMC

By proposing financial reforms that won’t curb Wall Street excess, U.S. policymakers have offered an unacceptably weak response to our enormous financial crisis. If voters don’t demand that their... More

Tags: wall street,bailout,unemployment rate,second stimulus,obama,lobbyists,economy,economic stimulus,economic crisis,chamber of commerce,bank bailout,tmc

Submitted 4 months ago by lizchapman | 0 Comments |

The Battle Over Bailout | The American Prospect (www.prospect.org) TMC

Sitting in his office, Rep. Brad Sherman does not look like an angry man. Leaning back and rubbing his stomach, the Californian calmly explains his concerns about the Treasury Department's plan to... More

Tags: tmc,economy,bailout,brad sherman,california

Submitted 4 months ago by AlisonHamm | 0 Comments |

Weekly Audit: We Need a 'People's Bailout' (open.salon.com) TMC

The economic free-fall is finally slowing down, although nobody expects the recovery to be very pleasant. Job losses and foreclosures are expected to increase well into next year. But even if our... More

Tags: bailout,tmc,salon,economy,job losses,forclosures

Submitted 5 months ago by cdoherty | 0 Comments |

Banks Take Over the G20, and Their Own Bailout (www.progressive.org) TMC

At the G20 meeting this week in Pittsburgh, world leaders will take up financial regulation that might stave off future meltdowns, such as the crisis that hit when some of the world's largest banks... More

Tags: tmc,the progressive,economy,banks,g20,bailout,financial regulation

Submitted 5 months ago by raquelbrown | 0 Comments |

Beck the Bailout Booster (www.washingtonmonthly.com) TMC

When it comes to right-wing populism, last year's bailout of the financial industry holds a unique place in the panoply of conservative complaints. Despite having come from a conservative Republican... More

Tags: tmc,washington monthly,economy,beck,bailout,republican,tea party,romney

Submitted 5 months ago by raquelbrown | 0 Comments |

Homeowners Fight Foreclosure in Minneapolis (lauraflanders.firedoglake.com) TMC

Last week police in Minneapolis arrested seven people outside of the foreclosed home of Rosemary Williams who was forced to give up her home after a monthlong sit-in. We recently spoke to Williams and... More

Tags: tmc,economy,bailout,banks,foreclosure crisis,grittv,laura flanders

Submitted 5 months ago by erinconsortium | 0 Comments |

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