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 […]

New Obama adviser embodies business-government collusion

Timothy P. Carney Washington Examiner 8/31/2011

Tim Geithner’s deputy, Alan Krueger, is a fitting pick to lead President Obama’s Council of Economic Advisers — which is to say he believes in the same noxious collusion of Big Business and Big Government that has dominated the Obama administration’s economic policy.

The Wall Street bailout, cash for […]

New Book Reveals Obama Ordered Geithner To Consider Dissolving Citigroup

Zeke Miller Business Insider 9/15/2011

Pulitzer Prize-winning author Ron Suskind reports that at the height of the financial crisis, President Barack Obama ordered Treasury Secretary Timothy Geithner to devise a plan to dissolve Citigroup — a directive his subordinate ignored, the Associated Press reports.

The revelation, included in Suskind’s forthcoming book on the Obama administration’s […]

Large US banks must show how they would wind down

Marcy Gordon Associated Press via HamptonRoads.com 9/13/2011

WASHINGTON (AP) — The largest U.S. banks will be required to show regulators how they would break up and sell off their assets if they are in danger of failing.

The Federal Deposit Insurance Corp. voted 3-0 Tuesday to approve the rules, which were mandated under the financial […]

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 […]

Map of the Day: A Look at the Crisis in the Mideast

Joe Weisenthal Business Insider 3/1/2011

From Citigroup, a useful map of what’s going on in every North African and Middle Eastern country.

[This map] was published yesterday, and it may not be up to date on the evolving situation in Saudi Arabia.

Click to enlarge:

[…]

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