Category: Credit Crisis Bailouts
The analysis published under this category are as follows.
Tuesday, July 21, 2009
Which Foreigners Got the Fed's $500 Billion / Politics / Credit Crisis Bailouts
By: Submissions
Bernanke: "I Don't Know."Read full article... Read full article...
Tuesday, July 21, 2009
Obama Helps Banksters Loot the U.S. Economy / Economics / Credit Crisis Bailouts
By: Paul_Craig_Roberts
There is no economy left to recover. The US manufacturing economy was lost to offshoring and free trade ideology. It was replaced by a mythical "New Economy."
Saturday, July 18, 2009
Paulson Admits Coercion in Handling of Economic Crisis / Politics / Credit Crisis Bailouts
By: Mike_Shedlock
Former Treasury Secretary Hank Paulson is attempting to defend the indefensible: himself. He even claims to have "saved this nation from great peril." Please consider his preposterous claims as outlined in Paulson defends his response to economic crisis.
Saturday, July 11, 2009
Government Bets on Positive Spin to Save Bankrupt Banks / Politics / Credit Crisis Bailouts
By: Money_Morning
Shah Gilani writes: Just when you thought the U.S. banking system had regained its footing, the reality is that a carefully woven federal-government PR campaign may actually be masking the next phase of the worst financial crisis since the Great Depression.
Indeed, it’s what’s just out of sight that has some analysts and economists scared to death.
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Saturday, July 11, 2009
Credit Crisis Bailouts, Whose Line (of Credit) Is It Anyway? / Politics / Credit Crisis Bailouts
By: Doug_Wakefield
“Permit me to issue and control the money of the nation and I care not who makes its laws.” - Mayer Amschel Rothschild, founder of the Rothschild family international banking dynasty
“And I sincerely believe that banking establishments are more dangerous than standing armies.” - Thomas Jefferson
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Tuesday, July 07, 2009
The Average Joe’s Take on Government Bailouts – and More / Stock-Markets / Credit Crisis Bailouts
By: Lorimer_Wilson
A story is making the rounds on the internet these days describing the practical interpretation the average Joe (and plain Jane, too) is putting on the way in which the U.S. government is dealing with the country’s current financial woes. I’ve done some editing and enhancing and present it below for your amusement and enlightenment and have added a segment with some insights and suggestions on how we can all potentially recoup the losses we incurred in 2008.
Saturday, June 27, 2009
The Big Banks Have Won through Deception and Fraudulently Structured Assets / Politics / Credit Crisis Bailouts
By: Mike_Whitney
The trouble started 24 months ago, but the origins of the financial crisis are still disputed. The problems did not begin with subprime loans, lax lending standards or shoddy ratings agencies. The meltdown can be traced back to the activities of the big banks and their enablers at the Federal Reserve. The Fed's artificially low interest rates provided a subsidy for risky speculation while deregulation allowed financial institutions to increase leverage to perilous levels, creating trillions of dollars of credit backed by insufficient capital reserves. When two Bear Stearns hedge funds defaulted in July 2007, the process of turbo-charging profits through massive credit expansion flipped into reverse sending the financial system into a downward spiral.
Wednesday, June 24, 2009
Bankrupt Banking System Bailouts & Stimulus , You Can't Borrow Your Way Out of Debt / Economics / Credit Crisis Bailouts
By: James_Quinn
“Rather than love, than money, than fame, give me truth.” - Henry David Thoreau
Time is running out. The public relations campaign being conducted by the Obama administration, Federal Reserve and nation’s largest banks is beginning to fail. The lies, half-truths, and cover-up regarding the solvency of the largest banks in the U.S. will be revealed as reality interrupts their master plan. The politicians and government bureaucrats know that 80% of the population don’t understand or care about economic issues. The plan is insidious, systematic and deceptively simple:
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Monday, June 22, 2009
International Bailout Brings U.S. Closer to Economic Collapse / Politics / Credit Crisis Bailouts
By: Dr_Ron_Paul
Last week Congress passed the war supplemental appropriations bill. In an affront to all those who thought they voted for a peace candidate, the current president will be sending another $106 billion we don't have to continue the bloodshed in Afghanistan and Iraq, without a hint of a plan to bring our troops home.
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Sunday, June 21, 2009
Geithner's Plan Just Doesn't Get It: Securitisation Is The Solution - Not The Problem / Interest-Rates / Credit Crisis Bailouts
By: Andrew_Butter
Securitisation has a bad name these days, and that's Official; President Obama says it was a big part of the problem. And he's absolutely right; it was THE problem.
What happened was a bunch of shysters on Wall Street cooked up a load of dud securities and sold them all over the world, and then a bunch of morons wrote naked insurance on them and now they can't pay out on the claims.
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Wednesday, June 17, 2009
How to Profit From TARP / Companies / Credit Crisis Bailouts
By: Money_Morning
Martin Hutchinson writes: A total of 10 U.S. banks have now repaid the preference share investments in them made by the U.S. Treasury Department’s Troubled Assets Relief Program (TARP), thus demonstrating that the government thinks they are sound. A number of others have yet to pay back that federal infusion.
Wednesday, June 10, 2009
Obama's Pay Czar to Set Pay of Bailed out Corporations / Politics / Credit Crisis Bailouts
By: Mike_Shedlock
Will the Obama administration's meddling in the affairs of business ever end? That's what I am asking as I read Treasury to name pay czar on Wednesday.
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Wednesday, June 10, 2009
Government Subsidizes Corporate Failure and Penalizes Success / Companies / Credit Crisis Bailouts
By: Uncommon_Wisdom
Tony Sagami writes: Since the market topped in 2007, I’ve written over and over about the major causes of the implosion — the multi-billion-dollar trade deficits, the tanking U.S. dollar, the lax lending practices, and the Fed’s low interest rate policy.
All of these factors and more led to overpriced U.S. stocks and a massive U.S. real estate bubble that popped hard.
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Wednesday, June 10, 2009
How to Buy Banks Leaving Tax Payers with All the Risk / Companies / Credit Crisis Bailouts
By: Money_Morning
Shah Gilani writes: The financial Barbarians are at the gates of the U.S. banking sector.
“Regulatory arbitrage” – sometimes called “regulatory shopping” – has emerged as the favorite strategy for these Barbarians, otherwise known as private equity firms, to get around the federal rules that kept them from owning banks.
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Tuesday, June 09, 2009
Geithner To Allow Banks To Repay Tarp Although TARP Panel Says Stress Test Was Flawed / Politics / Credit Crisis Bailouts
By: Mike_Shedlock
In another case straight out of the Twilight Zone, Geithner will allow banks to repay TARP funds although a TARP panel advises running the tests again because the tests were so flawed.
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Monday, June 08, 2009
Wall Street Goes on the Political Offensive / Politics / Credit Crisis Bailouts
By: Global_Research
Barry Grey writes: Bolstered by the policies of the Obama administration, Wall Street is waging a political offensive to shed the minimal limits on executive pay that were tied to government bailout funds and to further weaken regulations on the banks’ speculative practices.
Tuesday, June 02, 2009
The Socialist Bailout of Wall Street / Politics / Credit Crisis Bailouts
By: LewRockwell
Jacob G. Hornberger writes: The massive federal bailout of U.S. financial firms reflects everything that’s wrong with the economic system of welfare and interventionism under which the United States has operated since at least the 1930s. There are critically important lessons in the bailout that the American people ignore at their peril. While most politicians and mainstream pundits are viewing the bailout as a necessary “reform,” it is imperative that we place this “reform” in a much wider and deeper context. In doing so, we need to return to first principles.
Tuesday, June 02, 2009
Are Bailed Out Banks Reporting Fake Profits? / Companies / Credit Crisis Bailouts
By: Money_Morning
Keith Fitz-Gerald writes: Remember the infamous leaked Vikram S. Pandit memo we wrote to you about awhile back that suddenly saw Citigroup Inc. (NYSE: C) turn a profit on nothing more than vapors?
Sunday, May 31, 2009
Did Bernanke and Paulson Commit Bank Fraud? / Politics / Credit Crisis Bailouts
By: Global_Research
Thomas R. Eddlem writes: New revelations from the New York State Attorney General’s office have all but proven that Federal Reserve Chairman Ben Bernanke and former Treasury Secretary Hank Paulson committed bank fraud crimes in the case of the Merrill Lynch/Bank of America merger that took place last year. New York State Attorney General Andrew M. Cuomo revealed that Paulson and Bernanke illegally suppressed adverse financial data on the merger and threatened to replace the Bank of America CEO and board of directors if the company backed out of the Merrill Lynch merger. “Secretary Paulson has informed us that he made the threat at the request of Chairman Bernanke,” Cuomo wrote in an April 23 letter to Congress.
Friday, May 29, 2009
Obama Should Reject Bailout of California to Prevent Bond Market Crash / Politics / Credit Crisis Bailouts
By: Peter_Schiff
During the height of New York City's financial crisis in the 1970's, President Gerald Ford had the good sense to turn down Mayor Abe Beame's request for a federal bailout. The refusal prompted the famous New York Post headline, "Ford to City: Drop Dead." More than 30 years later, as California Governor Arnold Schwarzenegger makes a similar plea to Washington, I hope President Obama will show similar restraint. Unfortunately, given Obama's recent string of unwise economic decisions, it's hard to imagine that his judgment will suddenly improve.