Paulson

Politics by JT20162016

Bill Maher With Ron Paul | Real Time | February 20, 2009

Wall Street by JT2016

Government Bailout Hits $8.5 trillion

Kathleen Pender The San Francisco Chronicle November 26, 2008 The federal government committed an additional $800 billion to two new loan programs on Tuesday, bringing its cumulative commitment to financial rescue initiatives to a staggering $8.5 trillion, according to Bloomberg News. That sum represents almost 60 percent of the nation’s estimated gross domestic product. Given […]

Finance by JT2016

Jim Rogers Says Geithner Caused Crisis; Must Let Banks Fail

Wall Street by JT20162016

The 20 Senators Who Voted For Wall Street Bailout But Against Auto Industry Rescue

THINK PROGRESS DEC 12, 2008 Last night, the Senate failed to approve the auto rescue package, voting 52-35 in favor of proceeding on the bill — just eight short of the 60 votes that were needed. Over on the Wonk Room, Dan Weiss takes a look at the 20 senators who voted for the Wall […]

Wall Street by JT2016

Small Banks Getting Short End of Tarp Bat

SEEKING ALPHA William Patalon III Bank of American Corp. (BAC), which is getting $15 billion from the U.S. government as part of the Treasury Department’s $250 billion “recapitalization” effort, is doubling its stake in state-owned China Construction Bank Corp., and will hold a 20% stake worth $24 billion in China’s second-largest lender when that deal […]