Obama attacks banks while raking in Wall Street dough

John Rossomando The Daily Caller 10/10/2011

Despite his rhetorical attacks on Wall Street, a study by the Sunlight Foundation’s Influence Project shows that President Barack Obama has received more money from Wall Street than any other politician over the past 20 years, including former President George W. Bush.

In 2008, Wall Street’s largesse accounted for […]

Wall Street Aristocracy Got $1.2T in Secret Loans

Bradley Keoun and Phil Kuntz Bloomberg 8/21/2011

Citigroup Inc. (C) and Bank of America Corp. (BAC) were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits.

By 2008, the housing market’s collapse forced those […]

Federal Reserve’s ‘astounding’ report: We loaned banks trillions

The Federal Reserve offers details on the loans it gave to banks and others at the height of the financial crisis. One program alone doled out nearly $9 trillion.

Mark Trumbull Christian Science Monitor 12/1/2010

The Federal Reserve has lifted its veil of secrecy regarding special lending programs during the financial crisis, responding to a […]