Rep. Eric Cantor opposes bailing out states as part of his push against deficit spending
GOP plans to probe financial crisis - AP
Business |
The Oversight and Government Reform Committee will investigate bailouts and the foreclosure crisis on Jan. 26
Local and state governments shouldn't be bailed out
Opinion |
Irresponsible state and local governments should pay for their mistakes with their own money.
Backdoor bailout for Bank of America - TheDC
Politics |
Why the fine Bank of America paid to Fannie Mae and Freddie Mac is really a backdoor bailout
A ton of bailed-out banks are on the brink of collapse - Business Insider
Business |
98 American banks that received $4.2 billion in bailout money are teetering on the edge of collapse
Treasury will sell Citi shares, expects profit - WSJ
Business |
U.S. looks to sell last of its Citi common shares
Unions fare better than taxpayers in GM stock sale - Washington Times
Business |
UAW recoups most of what GM owed it – putting it far ahead of taxpayers, who have recouped little, and old investors, who have received nothing
E-mails could implicate others in Waters trial - NYT
Politics |
The e-mails show that Waters’ chief of staff was actively engaged in discussing with committee members details of a bank bailout bill
Ireland asks EU for bailout - AP
World |
Debt-crippled Ireland formally applied Sunday for a massive EU-IMF loan
TheDC Opinion: GM selling at a loss should tell you something - TheDC
Opinion |
The government may re-nationalize General Motors
Cost to bailout Fannie, Freddie could double - WSJ
Business |
If the economy enters a double-dip recession the companies could cost taxpayers an additional $124bn on top of the $135bn already spent
Morgan Stanley exec. tapped for State Department job - Washington Times
Politics |
Morgan Stanley executive Thomas R. Nides nominated for Deputy Secretary of State
Wall Street bailout returns 8.2% profit beating Treasury bonds - Bloomberg
Business |
The government has earned $25.2 billion on its investment of $309 billion in banks and insurance companies, an 8.2 percent return over two years
TARP losses now estimated at $51 billion - LAT
US |
The Treasury Department expects to incur more “substantial losses” from the separate government seizure of Fannie Mae and Freddie Mac
Bank bailout supporters struggling for re-election - AP
Business |
Voters are holding bank bailout supporters accountable in elections
TARP cost could be much less than initially expected - NYT
Business |
It could end up losing much less than the initial figure of 700 billion
TARP claims by House Dems not adding up - TheDC
Politics |
5 Democratic representatives run ads touting votes against TARP, despite not being in office at the time
The federal government: Money never sleeps - AP
Business |
Feds seize three credit union lenders and will replace the companies’ executives and boards
'Wall Street' sequel attacks debt, 'cancer' of the financial system
Opinion |
Oliver Stone’s latest film blames capitalism for the 2008 financial collapse, ignoring government’s role in it.
