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What the Banks are Doing With Our Money…

Mark Twain once said: ‘If you pick up a starving dog and make him prosperous, he will not bite you. This is the principal difference between a dog and a man.’
How right he was.
When we, the taxpayers, picked up the starving banks and made them read more »
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Government Plans to Help Buy $1 Trillion of Toxic Assets

$1 trillion dollars but this time everyone likes the plan. Is it really good or another plan that will cost tax payers lots of money? read more »
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7 Facts You May Not Know About the TARP Capital Purchase Program

Is our government really making the right moves to save our economy? read more »
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List of Companies Planning to Participate in the US Government TARP

So many companies are already signed up! How many more will announce plans to join the TARP? read more »
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State Street to Repay TARP

State street is another company that is making plans to pay off the TARP. Since no banks have really used it to lend, was it just a big waste of tim[...] read more »
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Congress Gets on Board for TARP: Are Tax Cuts Next?

Congress agrees to release TARP funds. Looks now to new economic stimulus bill. read more »
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More Restrictions to Repaying the TARP

With the way it's going, TARP is becoming a toxic debt in itself. read more »
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Banks Profit and Sell Shares to Repay Tarp

The banking industry’s big first quarter profits and the momentum from surging equities may be difficult for banks to sustain, but the press is on. [...] read more »
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Treasury overspends its $350b TARP ln bailout allotment

WSJ reports the Treasury Department has committed nearly $10 billion more than the $350 billion Congress has authorized to date for the financial-sec[...] read more »
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Citi Ready to Repay TARP

Following Bank of America's lead, Citi wants to repay TARP and get out from under the Pay Czar. read more »
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The Problem with Uncertainty

While in some rare occasion, typically times of crisis, government intervention can be a stabilizing force on markets. Unfortunately, that is the ex[...] read more »
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Goldman $10bn repayment faces opposition - Telegraph

The investment bank, which on Tuesday raised $5bn from investors to in part repay the capital injection, is likely to clash with senior US Treasury o[...] read more »
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TARP 18x: Bloomberg Sues Federal Reserve for Disclosure of 12.8 Trillion Dollar Bailout

Think $700 Billion for TARP was all the taxpayers got stuck with? Try an estimated $12.8 Trillion in bailouts, loans, and guarantees, that the Federa[...] read more »
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Two-thirds of the Federal Home Loan Banks could be forced to turn to the federal government for a rescue

NY Post reports two-thirds of the Federal Home Loan Banks, their balance sheets weakened by investments in toxic mortgage securities, could be forced[...] read more »
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Goldman To Pay Back TARP, Posts Profit

Goldman Sachs, in another sign that banks may be turning around, beat Wall Street's earnings expectations as it reported a profit of $1.66 billion f[...] read more »
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