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Obama’s Baby Steps Into White House
9 hours ago ago from The Omaha 10 - Top Ten Lists of the Best Restaurants, Businesses, Services, and Everything Else You Can Imagine in Omaha, Nebraska
Like a potential good stock that could yield profit and dividend, Americans trusted Barack Obama and elected him as President on his promise of . In stock market, the investors usually buy on rumor and sell on fact. That rule still applies to the President elect. Barack Obama is beginning to recede on his promise to change. He is no longer a dashing flawless speaker. He is intermittent, evasive, confused and disenchanted. Instead of ...
Related contentTARP Repayments Push Geithner to Focus on Unemployment, Credit
7 hours ago ago from All About Work & Financial
The U.S. banking industry moved out of intensive care when Citigroup Inc. and Wells Fargo & Co. said yesterday they will repay their bailout funds. Treasury Secretary Timothy Geithner still can’t claim the patient is healthy. The Treasury is in line to get back $20 billion from New York-based Citigroup, which needed two capital injections from the government to stave off collapse. Wells Fargo plans to return all $25 billion that taxpayers ...
Related contentSENATOR HUTCHISON QUESTIONS TREASURY SECRETARY TIM GEITHNER AT BANKING COMMITTEE HEARING
20 hours ago ago from Super Interview
Senator Hutchison questions Treasury Secretary Tim Geithner during Banking Committee Hearing
Related contentMission Not Accomplished
22 hours ago ago from Gold Speculator
Peter Schiff, president of Euro Pacific Capital and author of Crash Proof 2.0: How to Profit from the Economic Collapse : Although Barack Obama has refrained, at least for now, from delivering triumphant speeches in a naval flight suit, there is nevertheless a strong tone of accomplishment emanating from the President and his deputies. Over the weekend, top White House economic adviser Lawrence Summers even pronounced that the recession is ...
Related contentMission Not Accomplished: All Weve Done Is Increase Our Debt Load | Investing to Wealth
20 hours ago ago from Investing to Wealth - Macroaxis Blog
Although Barack Obama has refrained, at least for now, from delivering triumphant speeches in a naval flight suit, there is nevertheless a strong tone of accomplishment emanating from the United States president and his deputies. Over the weekend, top White House economic adviser, Lawrence Summers, even pronounced that the recession was now over. Without hedging his bets, Summers declared that thanks to the Obama administration's wise ...
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Obama Presses Banks to Lend, Accept New Regulations
3 hours ago ago from Politics Daily
In an hour-long meeting Monday, President Obama pressed executives from Wall Street banks to increase their lending to small businesses and stop fighting financial regulation efforts, the New York Times reports . "America's banks received extraordinary assistance from American taxpayers to rebuild their industry," Obama said in remarks after the meeting. "Now that they're back on their feet, we expect an extraordinary commitment from them ...
Related contentIn White House meeting, Obama calls on banks to increase lending
15 hours ago ago from Washington Post - Business
President Obama exhorted the nation's biggest banks on Monday to make efforts to increase lending, even as some of those firms are racing to distance themselves from government control. The nation's most powerful bankers sat in the Roosevelt Room at the White House and nodded as the president spoke, but some executives and industry officials said afterward that increasing lending is largely beyond their ability. Meanwhile, Citigroup and ...
Related contentArianna Huffington: Can the Obama White House Course-Correct in Time to Avoid Hitting the 2010 Iceberg?
20 hours ago ago from Huffington Post
On Sunday, President Obama gave himself "a solid B+" for his first year in office. But the report card that matters, the midterm one issued by voters, is still 11 months away. At the moment, things are not looking great (consider the note sent home from teacher in the form of the president's and the Democratic Congress' plummeting approval ratings). Luckily for them, there is plenty of time to course-correct. But the first step in ...
Related contentLincoln Mitchell: Keeping the Wheels on the Obama Presidency
4 hours ago ago from Huffington Post
The wheels have not yet come off the Obama presidency, but they could next year. The best way to prevent this from happening would be for Obama to reenergize his political base so that they can be help put pressure on uncooperative members of congress and help work to minimize Democratic losses in November of 2010. This will require Obama to define a progressive position on almost any issue, marriage equality, Wall Street bonuses, health care ...
Related contentObama To Bankers: Increase Lending : NPR
22 hours ago ago from NPR
Search hear continuous streams 24-Hour Program Stream NPR News and Shows hear the latest news [4 min 45 sec] Latest NPR Newscast Obama To Bankers: Increase Lending December 14, 2009 Audio for this story from All Things Considered will be available at approx. 7:00 p.m. ET ...
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