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bailout

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Stories

November of 2009

 

Rate Compared To Buffett, Paulson And Geithner Have Gotten Taxpayers Little Bang For Their Bailout Buck

Original at Huffington Post external link    Tue, Nov 17

By The Huffington Post News Team One of the best ways I've found to evaluate the actions taken by then-Treasury Secretary Hank Paulson in bailing out the nation's failing banks back... One of the best ways I've found to evaluate the actions taken by then-Treasury Secretary Hank Paulson in bailing out the nation's failing b...

Rate Mark Fisher On Morning Meeting: Taxpayers Need To Get "Their Pound Of Flesh" From Bailout Banks

Original at Huffington Post external link    Mon, Oct 26

By The Huffington Post News Team Henry Paulson's bank bailouts, done under "great stress" during the worst financial crisis since the Great Depression, failed to win for U.S. taxpayers what Warren Buffett received for his shareholders by investing in Goldman Sachs Group Inc.

Rate Robert L. Borosage: Will We Curb Wall Street's Casino?

Original at Huffington Post external link    Wed, Oct 14

By Robert L. Borosage Terrific documentation made available by researchers at the Service Employees International Union (SEIU) provides the details. Citigroup received about $341 billion from taxpayers in the bailout, and dispensed $4.9 million for lobbyists in the nine months after the bailout and $5.6 m...

Year 2009

 

Rate Banks Still Trading In Risky Derivatives

Original at Huffington Post external link    Mon, Sep 28

By The Huffington Post News Team U.S. commercial banks earned $5.2 billion trading derivatives in the second quarter of 2009, a 225 percent increase from the same period last year, according to the Treasury Department. Last October Goldman received a $10 billion taxpayer bailout, which it repaid in June. The federal gover...

Rate Auto Bailout Could Leave Taxpayers With Heavy Losses

Original at Huffington Post external link    Wed, Sep 9

By The Huffington Post News Team I think they drove a very hard bargain," said Elizabeth Warren, the panel's chairwoman and a law professor at Harvard University, referring to the Obama administration's Treasury Department. "But it may not be enough." The panel's report recommends that the Treasury Department consid...

Rate Warren Buffet Made Millions On Bailout: Reuters

Original at Huffington Post external link    Wed, Aug 5

By The Huffington Post News Team Were it not for government bailouts, for which Buffett lobbied hard, many of his company's stock holdings would have been wiped out. Berkshire Hathaway, in... Were it not for government bailouts, for which Buffett lobbied hard, many of his company's stock holdings would have been wiped out.

Rate Guest Article: A Perfect Profit Storm

Original at Hedge Fund Net external link    Wed, Jun 10

 NY Famed investor Warren Buffett spoke for many financial analysts with his recent prognostication that costly economic stimulus and financial sector bailout programs would necessarily drive down the value of the dollar, and greatly accelerate inflation. ...

Rate A bailout for the richest state of the 50? Just say no to the ...

Original at caps.fool.com external link    Fri, May 22

What if Warren Buffett asked you for $100 to help him buy bread for his children? Without these $100, you're told, he would have to let them starve, and as a socially conscious individual, you surely wouldn't want to let that happen, ...

Rate Podcast: Petri doesn't like bailout terms

Original at Wisconsin Radio Network external link    Fri, Sep 26

By Damon Ryan, WOMT What would Petri do, if it was HIS decision? "(What) I personally would like to see them consider is trying to do something more on the order of what Warren Buffett did when he invested in Goldman Sacs," said Petri. "For the taxpayers putting money into these things, put it in on a preferred ba...

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