Financial Crisis: Taxpayer Ripoff

Jim Rogers Doesn't Mince Words About the Crisis

Mon, 09 Mar 2009 01:22:04 PDT

He has harsh words for former Fed Chairman Alan Greenspan, suggests President Barack Obama and his economic team are not up to the task, and thinks tough love is the...

mona_moolah writes ""New York financial firms paid out 18.4 billion dollars in bonuses in 2008,..."

Thu, 05 Feb 2009 11:51:36 PST

"New York financial firms paid out 18.4 billion dollars in bonuses in 2008, an average of $109,000 per employee. This, as the government pumps hundreds of billions of your money into many of these companies to save them. "

Wall Street's big bonuses: CNN video

Thu, 05 Feb 2009 11:38:48 PST

CNN's Randi Kaye reports that getting Wall Street to stop paying out bonuses is harder than you think.

Obama Takes Aim at Wall Street Bonuses, Remodeling

Thu, 29 Jan 2009 13:25:54 PST

President Barack Obama promised to impose more restrictions on future bailout money to prevent it from being used for such things as Wall Street bonuses.

Bailout Report | Clearinghouse for the latest information about the government...

Sun, 18 Jan 2009 09:50:56 PST

Crash Proof Author Peter Schiff says Obama’s stimulus plan is another scam. Schiff argues that government spending is slowing the recovery by interfering with his belief...

$1.6B Of Bank Bailout Went To Execs

Thu, 25 Dec 2008 12:14:12 PST

Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis...

Who is getting the bank bailout money

Thu, 25 Dec 2008 12:04:51 PST

The government is dispensing $250 billion to financial institutions as part of the $700 billion bailout plan.

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

Thu, 25 Dec 2008 11:57:07 PST

It's something any bank would demand to know before handing out a loan: Where's the money going? But after receiving billions in aid from U.S. taxpayers, the nation's...

Where's the bank bailout money?

Thu, 25 Dec 2008 11:52:23 PST

CNN contacted the banks that were given the biggest chunks of the bailout: Citigroup, JPMorgan Chase, Wells Fargo and Bank of America. The latter received $15 billion as...

Bush Signs Bank Rescue to End `Threat to Economy' (Update1)

Sun, 05 Oct 2008 10:19:17 PDT

Oct. 4 -- U.S. President George W. Bush signed a $700 billion financial-market rescue plan into law, calling it a ``decisive action to ease the credit crunch that is now...

Economists Question Basis of Paulson's Plan

Fri, 26 Sep 2008 03:17:59 PDT

Wall Street economists have mostly endorsed Treasury Secretary Henry M. Paulson Jr.'s plan, or a variation thereof.

Sen. Shelby on why the bailout plan should be axed

Fri, 26 Sep 2008 03:10:06 PDT

I do not believe this is the right approach. We did not get into this situation in a matters of days, and we are not going to fix it in a matter of days.