Tarp Blogs & Blog Posts
Blogs on tarp
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Latest Blog Posts on tarp
- Swindlers and looters and their allies by The Other Club on Nov 14, 2009
Ally Bank is probably as well known for paying overmarket interest rates on CDs with no early withdrawal penalties as it is for its commercials featuring cute children who are cruelly deceived by a smarmy adult. The commercials are very good, here is...
- We Must Break Up the Banks by Serious Implications on Nov 14, 2009
North Dakota Senator Byron Dorgan has it right, as follows: Dorgan said 3 things are needed to fix the financial system: One is to separate investment banks and FDIC-insured banks. Second, prohibit FDIC-insured banks from dealing in risky financial i...
- Taxpayers Lose $2.3 Billion with CIT Bankruptcy by On The Hill on Nov 4, 2009
by Paul Kiel, ProPublicaCIT filed for bankruptcy protection on Sunday, and part of its plan to heal itself is wiping out the taxpayers’ $2.33 billion stake in the company.CIT, which specializes in lending to small and midsize businesses, got bailou...
- The 2nd American Revolution ??? by theCL on Oct 30, 2009
In 2009, the odds of Americans hoisting themselves off their La-Z-Boys and taking to the streets ranged from “not a chance” to “just about zero.” Yet, anyone betting against the American Spirit would have placed a losing bet. Out of work, pen...
- It’s On Like Donkey Kong by Track-A-'Crat on Oct 23, 2009
Do politicos know how to have fun or what? Whether it’s cheating on your wife, being on the take or spanking male prisoners (John Edwards, Monica Conyers and Herman Thomas, respectively), they always come up with new and exciting ways to have f...
- Freddie Mac, Given Oversight of Mortgage Mod Program, Falls Down on Job by On The Hill on Oct 22, 2009
by Paul Kiel, ProPublicaSince its March launch, the government’s $50 billion program to prevent foreclosures has been marked by confusion, delays and doubts. A little-noticed conclusion in a government report released on Wednesday reveals that the...
- Obama Admin To Extend TARP To Community Banks And Small Businesses by RightRunner on Oct 21, 2009
From the Associated Press:Obama on Wednesday plans to announce a package of initiatives designed to increase lending, including a request that Congress increase caps for existing Small Business Administration loans, the administration said.The new ef...
