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ProPublica: The Trillion Dollar Question: Adding Up the Financial Rescue
Politics on HuffingtonPost.com — by Paul Kiel, ProPublica This is the latest from our new bailout blog. Check out our all-seeing database of the bailout billions. Our database closely tracks how the Treasury Department is spending taxpayer money to shore up the financial system. But as we’ve noted before, that doesn’t take the full toll of the government’s response to the crisis. So every now and then, we’ll be checking in with a fuller accounting of spending by other government agencies ...

Barack Obama: King Of Corporate Welfare
Politics on HuffingtonPost.com — ... etc., etc. -- goes to corporations that are principal players in the financial practices that contributed to the worst economic downturn since the Great Depression. These corporations include -- but are by no means limited to -- Bank of America, Citigroup, Wells Fargo, AIG, Morgan Stanley, J.P. Morgan, Sun Trust, State Street, U.S. Bancorp, PNC Financial Services, Capital One Financial Corp, American Express, Chase Home Finance, Countrywide, and GMAC Mortgage. ...

Bailout for Breakfast: GM Rolls Out New Plan
MoJo Blog Posts: mojo — This story first appeared on ProPublica. It is the latest from ProPublica's new bailout blog. Check out the all-seeing database of the bailout billions.   This morning, General Motors is rolling out its third new business plan since December. The plan, in brief: cut 21,000 jobs, a third of its workforce, close a number of its plants, drop the Pontiac brand and try to persuade 90 percent of its bondholders to swap their notes for equity in the company. Treasury ...

With a Name Like That It Has to Be Good
Fraters Libertas — The Web site Publica has published the complete list of financial institutions taking Federal bail out money. A staggering $426 billion committed taxpayer dollars so far. Only time will tell how wise these expenditure are. But reviewing the names of the banks and financial institutions on the list, the following seem like extremely bad investments on their face: 1) ...

May Day MayDay
Angry Bear — ... At the time (29 Oct 2008), SunTrust had received $3.5 Billion, "more than BoNY/Mellon. More than BB&T; or Fifth Third or Zions Bancorp." They took another $1.4 Billion at year-end, so they're up to $4.9 Billion, more that $1 Billion more than Capital One, which is one of the banks that is always spoken of as being endangered. ...

TARP Recipients Spent Taxpayer Dollars Lobbying Against Consumers, For Their Own Bonuses in 1Q 2009
Firedoglake — ... $750,000 $52.5 billion 4.5 billion Bank of NY Mellon (PDF)* Credit Card, no response $497,000 $3 billion Barclays PLC & US Affiliates (PDF)* Cramdown, Credit ...

The Bailout Makes A Profit*
MoJo Blog Posts: mojo — ... returned $125.2 million. As you can see from our list of banks that have refunded their bailout money, the 12 have returned $1.16 billion so far. Lately, Capital Purchase Program investments have slowed down considerably, and more bailout money has been coming back to Treasury than has been going out. This story first appeared on ProPublica. It is the latest from ProPublica's new bailout blog. Check out the all-seeing database of the bailout billions. 

Vampire Banks: Thriving on Death and Taxes
The Moderate Voice —

Bank Numbers Reveal Troubling Trend On Main Street
The Huffington Post | Full News Feed — ... As for the type of banks taking these losses, it's the big banks that are suffering the most. Nearly half of banks with more than $10 billion in assets are unprofitable through the first six months of the year (41%); for smaller banks, it's just 26 percent (banks with less than $100 million in assets). Then again, the biggest banks have received the biggest government bailouts. ...