Posts tagged as:

bailout

Judge Blasts Bank of America in SEC Trial

January 14, 2010

Note to banks accused of misleading investors: hypocritical defenses will not fly.
Bank of America told its investors that it would not pay bonuses to Merrill Lynch executives as part of the merger. At the same time, BOA authorized Merrill Lynch to pay up to $5.8 billion in discretionary year-end bonuses; $3.6 billion in bonuses were [...]

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Support the Small Businesses You Love

September 2, 2009

When the economy goes sour, big businesses get all the attention and government money. But I am far more concerned with keep my favorite coffee shop and restaurant open, and making sure my handyman stays in business. I could care less whether Bank of America goes bankrupt.
So I have made an effort to support those [...]

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Banks making (more) predatory loans with taxpayers money

April 14, 2009

Citibank, U.S. Bank, Bank of America, Wells Fargo, and Pacific Capital Bancorp have been called out by the Congressional Oversight Panel for using taxpayer money to turn around and rip off taxpayers.
Essentially, taxpayers end up paying twice: once to the government, once to the banks.
Bailed-Out Banks Face Probe Over Fee Hikes | WSJ (via Consumerist)
(photo: [...]

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Understanding the federal bailout

March 27, 2009

It all makes sense now…

(Click for the video.)

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Bailed-out bank enjoys concerts, dinners, parties

February 25, 2009

Bailed-out bank enjoys concerts, dinners, parties | CNN

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Bailout hearings

February 25, 2009

February 25, 2009 | Dilbert.com

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Michael Capuano (D-Mass) has some choice words for Wall Street CEOs

February 12, 2009

Capuano to CEOs: No One Trusts You Anymore | TPM TV

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Senate votes to re-inflate the housing bubble

February 5, 2009

The Senate has approved an addition to the economic stimulus package that would give a $15,000 tax credit to anyone who buys a home within two years of the bill’s passage. The credit only applies to a principal residence, and would have to be repaid if the buyer sells the home within two years..
On the [...]

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Take Back the Land helps homeless squat in vacant properties

January 31, 2009

Yesterday I linked to a video of Ohio congresswoman Marcy Kaptur telling her constituents to become squatters in their foreclosed homes. In Miami, activists at Take Back the Land are moving the homeless into empty, bank-owned properties and government buildings.
Hey, why not? Those banks are getting billions in taxpayer money so they can float those [...]

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Where’d the bailout money go? Shhhh, it’s a secret

December 28, 2008

Where’d the bailout money go? Shhhh, it’s a secret | SFGate

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Why Isn’t the Bailout Working?

December 26, 2008

I’m partial to John Stossel’s reporting style and his libertarian leanings. On last Friday’s 20/20 he went in search of our bailout money. Why Isn’t the Bailout Working? | ABC News

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Developers Ask U.S. for Bailout as Massive Debt Looms

December 24, 2008

Next in line for bailout money—developers. Developers Ask U.S. for Bailout as Massive Debt Looms | Wall Street Journal

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$1.6 billion went to bailed-out bank execs

December 21, 2008

Like to know where your taxpayer funded bailout money is going? Here’s a start - $1.6 billion went to bailed-out bank execs | MSNBC

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Wall Street Still Flying Corporate Jets

December 21, 2008

Wall Street Still Flying Corporate Jets | ABC News

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Bailed-Out Banks Dole Out Bonuses

December 20, 2008

Bailed-Out Banks Dole Out Bonuses | ABC News

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2008 Bailout Costs As Much As Several Large And Famous Government Projects Combined

December 19, 2008

2008 Bailout Costs As Much As Several Large And Famous Government Projects Combined | Consumerist

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Senator rips auto industry

November 18, 2008

Thank you, Senator Dodd! Senator [Dodd] rips auto industry | CNN Money

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Banks Using $700 Billion Bailout To Buy Other Banks, Not Make More Loans

October 26, 2008

Banks Using $700 Billion Bailout To Buy Other Banks, Not Make More Loans | Consumerist

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Wall Street Hoped They’d Be “Wealthy And Retired” Before The House of Cards Fell

October 23, 2008

Wall Street Hoped They’d Be “Wealthy And Retired” Before The House of Cards Fell | Consumerist

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After The Bailout AIG Bought Themselves A $440,000 “Retreat” At A California Resort

October 7, 2008

After The Bailout AIG Bought Themselves A $440,000 “Retreat” At A California Resort | Consumerist

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