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
Submitted 22 days ago by gregplaysdrums on Economy | 0 Comments |
Hightower Lowdown | How corporate money took over Washington--and created the mobs who rant against reform
(www.hightowerlowdown.org)
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
Submitted about 1 month ago by AlisonHamm on Economy | 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.
Submitted about 1 month ago by gregplaysdrums on Economy | 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
Submitted about 1 month ago by gregplaysdrums on Economy | 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
Submitted about 1 month ago by gregplaysdrums on Economy | 0 Comments |
Wall Street Bonuses Can Create One Million Green Jobs - Les Leopold at Chelsea Green
(chelseagreen.com)
President Obama may be joining the populist crusade against Wall Street. In the span of one week he opened up a three front war: a tax on big banks, full support for a new Consumer Financial... More
Submitted about 1 month ago by scastaTMC | 0 Comments |
Why are we donating $2,000 per family to Wall Street Bonuses? - Les Leopold at Chelsea Green
(chelseagreen.com)
President Obama won't tell us in his State of the Union address. The deficit hawks won't crow about it. Don't expect the Tea Party or Rush and Beck to highlight our generosity either. But the sad fact... More
Submitted about 1 month ago by scastaTMC | 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
Submitted about 1 month ago by gregplaysdrums on Economy | 0 Comments |
FDIC Chief Got Bank of America Loans While Working On Its Rescue | The Huffington Post Investigative Fund
(huffpostfund.org)
Sheila Bair, one of the chief regulators overseeing Bank of America’s federal rescue, took out two mortgages worth more than $1 million from the banking giant last summer during ongoing negotiations... More
Submitted about 1 month ago by scastaTMC | 0 Comments |
What's Still Hidden in AIG's Files? | The Huffington Post Investigative Fund
(huffpostfund.org)
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
Submitted 2 months ago by AlisonHamm on Economy | 0 Comments |
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