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Bailout Syndicate content

The Economy: Citigroup, GE Profits | 04/17/2009 9:15 am

More Good News From Wall Street: Citigroup Finally Posts Profit, GE Not Too Shabby

Citigroup posts $1.6 billion profit; stocks looking good in pre-market trading. Are we turning a corner?
By The staff at wowOwow.com

Politics | 03/31/2009 1:40 pm

Bailout Watchdog Barks at Treasury Department for Lack of Oversight on Bank Bailout (Video)

Elizabeth Warren testified Tuesday before the Senate Finance Committee – and was quick to blame the Treasury Department for not cooperating with Congress to provide more details of the bailout spending
By The Staff of wowOwow.com

AIG Executive Compensation | 03/19/2009 10:35 am

Dems Want to Tax 90% of AIG Bonuses; Bank of America to Turn Over Names

Even though some AIG execs are giving back some bonus money, Dems are on the warpath; BofA forced to turn over list of bonus-receiving Merrill Lynch executives
By The Staff at wowOwow.com

Maxine Waters | 03/13/2009 8:55 am

Rep. Maxine Waters Connected to Bank She Helped

Regulators are wondering why California Rep. didn’t mention her husband’s work with a bank she helped
By The Staff at wowOwow.com

Money | 03/04/2009 10:45 am

AIG Spending Bailout Cash on PR?

With four PR firms on its payroll, the giant insurer can’t fix its lousy image
By The Staff at wowOwow.com

AIG Bailout | 05/14/2009 8:45 am

Rep. Marcy Kaptur Blasts AIG: They Hire Outside People to 'Rape Us'

Ohio Democrat spews at AIG trustee who also helps oversee offshore hedge funds; Liddy says it will take three to five years to pay back taxpayers
By The Staff at wowOwow.com

Politics | 04/01/2009 10:30 am

In New Recession, Traditional Schemes Make a Return

Private-investigation firm Kroll worries old habits will thrive in new economy
By The Staff at wowOwow.com

Andrew Cuomo Investigates AIG | 03/27/2009 9:30 am

NY Attorney General Andrew Cuomo Hits AIG Again Over Bank Payouts

Cuomo probing whether AIG improperly used taxpayer money to pay big banks to make up for toxic credit-default swaps
By The Staff at wowOwow.com

AIG Bailout Bonuses | 03/27/2009 8:20 am

Stop the Madness! AIG Employees Fear for Their Lives

People are angry over the AIG bonus fiasco, but many employees say they are hardworking, underpaid employees trying to make a living, and don’t deserve threats
By The Staff at wowOwow.com

Congress Taxing AIG Bonuses | 03/23/2009 10:20 am

Geithner's New Toxic Asset Plan Calls on Hedge Fund Help

Geithner unveils plan to rid toxic assets from banks’ balance sheets, calls for private industry to share some risk
By The Staff at wowOwow.com

President Obama on '60 Minutes' | 03/23/2009 9:15 am

Obama Says He's Not 'Punch Drunk' Over Auto Bailouts, AIG Bonuses (Video)

First family adjusts to the White House while Obama faces tough time in young presidency; says humor goes a long way in getting through it
By The Staff at wowOwow.com

Citigroup News | 03/19/2009 10:10 am

Citigroup Spending $10 Million on New Suites

Bailed-out bank claims renovations will save it money
By The Staff at wowOwow.com

Rep. Maxine Waters | 03/19/2009 10:00 am

Rep. Maxine Waters in Hot Water Again Over Family Business

Report says Waters’ reelection campaign gave money to daughter’s nonprofit for Democratic convention events last summer
By The Staff at wowOwow.com

AIG Bailout Bonuses | 03/18/2009 8:25 am

Sen. Wyden: Congress Should've Listened to Me on Bailout Bonuses

Oregon Democrat says he and Sen. Olympia Snowe tried to prevent taxpayer-funded bonus bonanzas, but someone killed their idea; AIG CEO to face Congress today, will ask execs to return $165M in bonuses
By The Staff at wowOwow.com

A Friend Stopped By | 03/16/2009 7:45 am

So, the Boys at AIG Are Getting a Bonus? Ask Shelby White

Wait a minute …
By Shelby White

Money | 03/10/2009 8:45 am

U.S. Mulls More Lifelines for Surprisingly Strong Citigroup

CEO says current stock price doesn’t reflect strength of banking behemoth, stocks rally on news; Citi pays employees cash in lieu of trip
By The Staff at wowOwow.com

Politics | 03/06/2009 1:20 pm

Geithner Loses Top Candidates for the Treasury

After recent gaffs, the White House’s strict vetting process is making it harder for key agencies to staff up
By The Staff at wowOwow.com
Jane Wagner

Jane Wagner | 03/04/2009 12:50 pm

Jane Wagner: 'Tis Better to Give Than to Receive

What’s a little bailout between friends?

Politics | 03/03/2009 8:10 am

GOP Sen. Corker Calls AIG Bailout 'Tar Baby'

Sen. Bob Corker used colorful language in describing the government’s AIG plan
By The Staff at wowOwow.com

Money | 02/27/2009 9:05 am

NY Attorney General Cuomo: Bank of America Must Come Clean About Merrill Lynch Bonuses

Cuomo says Bank of America president is obstructing investigation by not handing over names of 700 employees who received $3.6 billion in bonuses at time of government bailout
By The Staff at wowOwow.com

Money | 02/27/2009 9:00 am

Treasury's New Plan Takes Up to a 36% Stake in Citigroup

U.S. government will match up to $25 billion in stock conversions. The good news: no more taxpayer money needed
By The Staff at wowOwow.com

Politics | 02/24/2009 11:10 am

Obama to Brief Congress Tonight on Domestic Plan

Still enjoying high levels of support and confidence from the American people, the president has a tough sell tonight in convincing us better times are ahead
By The Staff at wowOwow.com

Money | 02/24/2009 8:10 am

Bank of America Heiress: 'What Kind of Idiots Are Running That Bank?'

Granddaughter of Italian Bank of America founder said he would be rolling over in his grave over how his company is being run
By The Staff at wowOwow.com

Wall Street Weekly | 02/20/2009 9:38 am

Liz Peek: Stock Market Gives Obama’s First Month An 'F'

Barack Obama’s one-month old administration isn’t passing the economic muster
By Liz Peek

Politics | 02/20/2009 9:10 am

Saab Sobs; GM Cuts Bankrupt Swedish Automaker

General Motors sheds Saab as it struggles to sustain bank balance
By The Staff at wowOwow.com