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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 […] October 10th, 2011 | Tags: Bank of America, Citigroup, credibility, hypocrisy, JPMorgan Chase, Morgan Stanley, Sen. Chuck Schumer, UBS AG, Wall Street | Category: Banking and finance, Barack Obama, fundraising, Goldman Sachs, lobbyists, Politicians | Comments are closed
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 […] August 21st, 2011 | Tags: Bank of America, Ben Bernanke, Citigroup, Dexia SA, Dodd-Frank, Morgan Stanley, Royal Bank of Scotland, UBS | Category: Banking and finance, Federal Reserve, Goldman Sachs, TARP, Treasury Department | Comments are closed
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 […] December 2nd, 2010 | Tags: Citigroup, Merrill Lynch, Morgan Stanley | Category: Banking and finance, Federal Reserve, Goldman Sachs, Taxes | Comments are closed
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