Obama Eyes Limiting Riskiest Bank Practices
Thu, 01/21/2010 - 08:41
According to the New York Times, the president will speak at an appearance on Thursday at the White House with Treasury Secretary Timothy F. Geithner. The president’s announcement comes as his popularity in public opinion polls is falling because of stubborn unemployment and the stagnant economy, and just days after he suffered a stingin ...
Bailout fallout: A case for socialism?
Thu, 12/17/2009 - 01:00
What will cost Americans more? ...
Stimulating a stimulus for the already stimulated?
Wed, 12/16/2009 - 09:31
When is enough, enough? ...
Obama Urges Banks To Help Rebuild Our Economy
Mon, 12/14/2009 - 16:30
According to CNNMoney, President Obama met with Wall Street bankers Monday and urged them to make more loans and modify mortgages to help taxpayers who propped their banks up with federal bailouts.
"My main message in toda ...
Bailout Losses Slashed By $200 billion?
Mon, 12/07/2009 - 07:52
According to the Washington Post, the Obama administration plans to announce this week that it is slashing its estimate of the losses from the government's financial bailout package by about $200 billion.
...
What a Week: White House wannabes, War marches on
Fri, 12/04/2009 - 01:00
Five stories you can't afford to miss. ...
GM Will Begin Repaying Bankruptcy Loan From The Government
Mon, 11/16/2009 - 09:00
General Motors still needs more money and continues to lose it, but the company says it will soon begin repaying the $6.7 billion it borrowed from the U.S. government during its bankruptcy proceedings. Officials said they expect to pay back $1 billion in December.
Sounds like a lot, but keep in mind U.S. taxpayers have provided GM with $50 billion in the last year, much of which taxpayers probably won't ever get back. The government still holds a majority stake in the auto indust ...
Obama's slap down on Wall Street must include Congress
Thu, 10/22/2009 - 10:15
The White House has put a well needed slap down on Wall Street. ...
