Federal Bailout For Detroit Floated

By: Monday July 22, 2013 6:40 am

As Detroit enters Chapter 9 bankruptcy some are considering the possibility of a federal bailout to dull some of the sharper cuts likely to result.

 

Bernanke Needs a Plan

By: Sunday March 17, 2013 11:00 am

Tell me again why we have to give money to banks to save the economy.

Let’s replace the difficult with the unlikely

By: Thursday March 7, 2013 1:30 am

On the one hand this is already well-know, depressing, and frustrating that the response of professional prosecutors is a shoulder-shrug

AIG Considers Suing Government For More Bailout Money After “Thank You” Ads

By: Wednesday January 9, 2013 10:30 am

AIG is considering Wednesday whether the company should join a lawsuit against the government that spent $182 billion to save it from collapse. If AIG decides to join the complaint, which seeks $25 billion in damages, it would pit the company against the government that in 2008 kept it from buckling under the weight huge losses on mortgage-backed securities and other toxic assets.

Money well spent

By: Thursday December 6, 2012 1:30 am

Love means never having to say you’re sorry…as long as you love money.

The Great and Powerful Oz has spoken

By: Friday November 30, 2012 1:30 am

And we peons are not going to be allowed to peak behind the curtain to discover how the world banking system helped take down the global economy.

FDL Book Salon Welcomes Neil Barofsky, Bailout: How I Watched Washington Rescue Wall Street While Abandoning Main Street

By: Saturday September 22, 2012 1:59 pm

I believe this is former Special Inspector General of TARP Neil Barofsky’s 206th media appearance in support of Bailout. He has tirelessly criss-crossed the media landscape to tell the story of his time in Washington and offer a warning about a government captured by Wall Street.

Greek Bailout Secured, But Secret Report Shows It Won’t Work

By: Tuesday February 21, 2012 7:40 am

After an all-night round of talks among Eurozone finance ministers, Greece was granted its second bailout, this one for €130 billion, in a package that includes recently passed austerity measures and a debt restructuring. But confidential reports distributed to the finance ministers indicate that the deal will not work and may even be counter-productive.

Euro Nations Continue to Insult, Strangle, Threaten Greece

By: Monday February 20, 2012 11:45 am

This a.m. Atrios highlights an op ed at the Financial Times by Wolfgang Münchau pointing out that Greece now faces the bitter choice of defaulting if it wants to preserve any pretense of democracy and national sovereignty. That follows a week or more of intimidating and insulting comments by German financial minister Wolfgang Schäuble and others

Eurozone Finance Ministers Delay Greek Bailout

By: Friday February 10, 2012 11:41 am

Greece has agreed to new bailout terms, with brutal austerity measures attached, but Eurozone finance ministers don’t believe the Greeks will follow through, so they’ve held up the provision of the funding.

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