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Banks Investing TARP Money Overseas
We bailed them out and they send it to China - makes perfect sense
Treasury Attempts to “Blame Dodd” for AIG Bonuses
Treasury Attempts to “Blame Dodd” for AIG Bonuses
firedoglake.com — photo by Barrybar In an attempt to get out of the way of the AIG bonus train... wreck, it looks like the designated sin eater is going to be Chris Dodd : The administration official said the Treasury Department did its own legal analysis and ... (more) Treasury Attempts to “Blame Dodd” for AIG Bonuses
Who Stole Our Country, and How are We Going to Get It Back?
Who Stole Our Country, and How are We Going to Get It Back?
firedoglake.com — The White House is worried about backlash over AIG's payout of $450 million in bonuses to the... executives in its high flying Financial Services Group, the out-of-control derivatives trading arm that looted the company, destroyed its stock and ... (more) Who Stole Our Country, and How are We Going to Get It Back?
90% Tax?  Now We Really ARE Screwed
90% Tax? Now We Really ARE Screwed
businessinsider.com — The frantic passage of the Populist Rage Tax was a new low in the US government's response... to this crisis. It shows just how likely we are to doom ourselves to a decade or more of misery--by choking our markets, closing our borders, turning our banks ... (more) 90% Tax? Now We Really ARE Screwed
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There’s no way out of TARP
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TARP
balloon-juice.com 2/15/2009 — Surprise good news in the TARP bill that President Obama just signed. I could get used to this. A provision buried deep inside the $787 billion economic stimulus bill would impose restrictions on executive bonuses at financial institutions that ...
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article.nationalreview.com 4/13/2009 — Nothing good can come from the TARP state.
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wizbangblog.com 4/23/2009 — Larry Kudlow's new piece at NRO, a reaction to the TARP Inspector General's report, is a must-read: The IG's report also notes that what started last October as a single-purpose...
Banks are now eager to repay TARP
charlotteobserver.com 3/26/2009 — For relatively strong banks, doing business with the government may be more trouble than it's worth. Banks are publicly declaring their intent to pay back loans from the Troubled Asset Relief Program, or TARP, as quickly as they can. They range from ...
TARP: The Looming Debacle
powerlineblog.com 4/28/2009 — On April 21, the Special Inspector General for the Troubled Asset Relief Program Act of 2009--"SIGTARP"--submitted his quarterly report to Congress on his office's activities in relation to the TARP program. The report is a disquieting document that ...
Can Geithner stop banks withdrawing from TARP?
blogs.reuters.com 4/21/2009 — What's more, banks like Goldman and JP Morgan seem to think that repaying TARP funds will give them an artificial advantage over the rest of the big players, especially when it comes to things like executive compensation. ... 7001, SEC 111(g) of the ...
Obama Administration Refuses Bank TARP Repayments
lawhawk.blogspot.com 4/6/2009 — Isn't this how the TARP system was supposed to work? We were told that as banks become more capable of lending on their own, the banks could repay TARP and end their involvement in the program.However, the Administration is proving itself more adept ...
Editors: The TARP Trap
article.nationalreview.com 4/23/2009 — If some banks want to pay back their TARP money, we should let them.
TARP, the Criminal Enterprise?
corner.nationalreview.com 4/22/2009 — Is the whole TARP plan a criminal enterprise? Sounds farfetched, I suppose. But after reading about Special Inspector General Neil Barofsky's report, it may well be that TARP is just one big criminal problem. Listen to this: Barofsky's investigators ...