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Banks with political ties got bailouts, study shows
17 hours ago ago from New World Order Truth
Posted by Philip Dru on 12/23/09 Categorized as Economy NEW YORK (Reuters) – U.S. banks that spent more money on lobbying were more likely to get government bailout money, according to a study released on Monday. Banks whose executives served on Federal Reserve boards were more likely to receive government bailout funds from the Troubled Asset Relief Program , according to the study from Ran Duchin and Denis Sosyura, professors at ...
Related contentTARP Repayments Reach $164 Billion
3 hours ago ago from Donald Marron
An upbeat news release from the Treasury Department as we approach the holiday break: Wells Fargo and Citigroup have repaid $45 billion in TARP money, bringing total repayments to $164 billion. In addition, Treasury now expects that the portion of TARP that stabilized the banking system will actually generate a profit for taxpayers. (Of course, some of the other parts of TARP look like serious money losers, but we can discuss that in the new ...
Related contentFeinberg Approves Pay for 3 Officials
4 hours ago ago from Capto Veritas
Compensation plans for several executives and top-paid employees at three companies that have received taxpayer aid were approved.
Related contentTaxpayers to Help With the Rent at Goldman’s New Office Tower
23 hours ago ago from Connecting the Dots in the New World Order
As if billions in cash and government guarantees wasn't enough, it turns out investment bank Goldman Sachs will also be sucking on the taxpayers' teat when employees move into their slick new digs at the corner of West and Vesey in Manhattan next year. The New Goldman Sachs World Headquarters -- a 43-story office tower next to the World Trade Center site -- is being built with the help of millions of dollars from taxpayers, Bloomberg news ...
Related contentBailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy | ebook download
2 hours ago ago from ebook download|book ebook magazine download free
Barry Ritholtz, Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy Wiley | 2009 | ISBN: 0470520388 | 332 pages | PDF | 3,1 MB A riveting indictment of those responsible for our current financial mess Bailout Nation offers one of the clearest looks at the financial lenders, regulators, and politicians responsible for the financial crisis of 2008. Written by Barry Ritholtz, one of today's ...
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