Post Tagged with: "government bailout"

April 27, 2010 06:42

SEC IG Probes Timing of Goldman Sachs Suit and Financial Reform Legislation

Less than 30 minutes after the Securities and Exchange Commission announced its lawsuit against Goldman Sachs, the Democratic National Committee sent mass e-mails proclaiming that the action shows the need for passage of financial reform legislation –- currently the top priority for President Obama.

April 27, 2010 06:30

Obama and Dems hiding real cause of financial crisis – Washington

Public hates bailouts and the ‘financial reform’ bill is a blank check for bailouts

April 27, 2010 05:27

NPR proves Obama lying on financial ‘reform’ bill -really a bailout my picks bill

“A vote for reform is a vote to put a stop to taxpayer-funded bailouts,” Obama said in his speech in New York on Thursday. I cannot find any experts — of any party — who are willing to agree with Obama on this one.

April 27, 2010 03:40

Treasury has profited from big bank bailouts

At a time when both parties are competing to crack down the hardest on Wall Street banks, it might come as a surprise to know that the Treasury has been making a tidy profit on most of the government’s Wall Street rescue operations.

April 26, 2010 04:41

Unions push ‘financial reform’ bill to control big companies and get funding for bankrupt pensions

When you see public employees and the refugees from ACORN out in the street this week decrying Wall Street greed, remember that they are not fighting to take power away from big banks, but to instead control that power themselves. Tucked into the 1,250 pages of new rules proposed by Sen. Chris Dodd, D-Conn., is a provision that gives new powers to board members. And that could mean big payoffs for the unions down the road.

April 26, 2010 03:38

Yes, It’s a Bailout Bill

Markets participants will understand that the Senate financial regulation bill allows for bailouts, and this will give rise to riskier behavior that in turn makes future bailouts more likely.

April 23, 2010 05:50

Sen. McConnell to President: “If this bill isn’t like the first bailout, prove it.”

“People need to be convinced that we’re doing what we say we’re doing,” McConnell said. “This time they want proof. And frankly, I don’t blame them.”

April 14, 2010 18:42

Lift the Fed’s veil of secrecy on who got how much bailout money and why

The once clear line in America that separates the private sector from the public sector is quickly disappearing, and Washington D.C. is emerging as the financial, as well as political capital of the country.

February 4, 2010 06:09

Gangster government targets Toyota

Is the Obama administration joined at the hip with big labor? In yet another payoff for union campaign support which reached hundreds of millions of dollars and countless man hours contributed, Transportation Secretary Ray LaHood muttering darkly that “we’re not finished yet with Toyota”.