The TARP Bailout Parade: Is California Next?
During yesterday’s Senate Banking committee TARP oversight hearing, Sen. Jim DeMint (R-SC) asked Treasury Secretary Tim Geithner: So it’s your understanding that you have $700… Read More
During yesterday’s Senate Banking committee TARP oversight hearing, Sen. Jim DeMint (R-SC) asked Treasury Secretary Tim Geithner: So it’s your understanding that you have $700… Read More
What if they ran a bailout program and no one came? Last year, the Bush Administration Treasury Department opened TARP’s doors to insurance companies, a… Read More
Earlier this month the Treasury Department found that all 19 banks subject to government “stress tests” passed. Now this past Sunday, White House Director of… Read More
Ever since the results of the government’s stress tests were released, banks across the country have been rushing to escape from their TARP traps. Now… Read More
“I don’t want to run auto companies.” – President Barack Obama, April 29, 2009. “Obama Halves Chrysler’s Planned Marketing Budget” – Advertising Age, May 11,… Read More
In the weeks leading up to last week’s release of “stress test” results, there was quite a bit of talk about more bailout money for… Read More
The New York Times reports: Hartmarx, known for its Hart Schaffner & Marx and Hickey Freeman suits, and for making President Obama’s inauguration tuxedo and… Read More
In a surprisingly frank statement this morning, General Motors CEO Fritz Henderson confirmed that the Treasury Department is calling the shots on the company’s on-going… Read More
The results aren’t officially out yet, but it looks like 14 of the 19 financial firms subjected to “stress tests” by the Treasury Department passed… Read More
The Obama Administration appears about to walk away from $7.5 billion in taxpayer money used to prop up Chrysler. This little information nugget was buried… Read More
