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Obama hasn’t a leg to stand on. But that doesn’t stop him from claiming that government is the answer to this made up problem. Bruce McQuain Conservative Commune 4/18/2012 I could pretty much stop there and say the title tells you the story. Obama knows high gas prices are not good for his […] April 18th, 2012 | Tags: bailouts, blame, commodity markets, Fisker Karma plug-in hybrid car, gasoline prices, hedge funds, lay-offs, speculators, T2 Partners, Vice President Joe Biden, Whitney Tilson | Category: Banking and finance, Barack Obama, Delaware, Elections, Energy, Government regulations, Politics, Progressives, TARP, Taxes | Comments are closed
Joe Weisenthal Business Insider 3/21/2012 It’s hard not to think it’s a big deal when a branch of the Federal Reserve system calls for the breakup of major American banks. The bank has just released its annual report, and the title of the letter is: Choosing the Road to Prosperity Why We Must End Too […] March 24th, 2012 | Tags: "too big to fail", bailouts, Dodd-Frank Wall Street Reform and Consumer Protection Act, federal debt, Federal Reserve Bank of Dallas, Great Recession, Harvey Rosenblum, mortgages, Richard Fisher | Category: Banking and finance, Economy, Fannie Mae, Federal Reserve, Freddie Mac, TARP, Texas | Comments are closed
Peter Eavis The New York Times 3/16/2012 The Federal Reserve made an error in its stress test of Citigroup that led it to overstate a key measurement of losses on the bank’s mortgages, the central bank acknowledged on Friday. The Fed also issued corrections for Bank of America, Ally Financial, MetLife and Wells Fargo. It […] March 16th, 2012 | Tags: Ally Financial, Bank of America, bank stress tests, Ben Bernanke, Citigroup, foreign mortgages, MetLife, Wells Fargo | Category: Banking and finance, Federal Reserve, Goldman Sachs, TARP | Comments are closed
Suzy Khimm The Washington Post 3/7/2012 Two Federal Reserve researchers have confirmed what many have long suspected: big banks that were bailed out by the government took on greater risk without increasing lending to businesses. In other words, after they were stabilized by an injection of government funds, the specific loans made by “too big […] March 8th, 2012 | Tags: bailouts, credit activity, fiscal responsibility | Category: Banking and finance, Federal Reserve, TARP, Taxes | Comments are closed
Susan Jones CNSNews.com 3/5/2012 President Obama could — and should — do more to help the 12-million homeowners struggling to pay their mortgages, a liberal activist group says. MoveOn.org is pressing Obama to replace Ed DeMarco, the man President Bush appointed to oversee Fannie Mae and Freddie Mac, which hold a majority of U.S. homeowners’ […] March 6th, 2012 | Tags: 'social justice', Ed DeMarco, mortgages, MoveOn.org, personal responsibility, President George W. Bush | Category: Banking and finance, Barack Obama, Fannie Mae, Freddie Mac, George Soros, TARP, Taxes | Comments are closed
“I’m proud of that work.’ ~ Gov. Deval Patrick Will Rahn The Daily Caller 2/24/2012 Massachusetts Gov. Deval Patrick, the Democrat who was named a national co-chair of President Obama’s re-election campaign on Wednesday, served on the board of a company that is widely blamed for helping start the subprime mortgage crisis in […] February 25th, 2012 | Tags: ACC Capital Holdings, Ameriquest Mortgage, Citigroup, Common Cause Massachusetts, David Axelrod, Gov. Deval Patrick, predatory lending, Robert E. Rubin, Roland Arnall, subprime crisis | Category: Banking and finance, Barack Obama, Department of Justice, Elections, Ethics, Massachusetts, TARP | Comments are closed
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