On AlterNet: tarp

Stories, blog posts, and videos tagged as "tarp"

Obama Hits Up Wall Street 'Fat Cats' For Reelection Funds, But What About Jobs?

Sarah Jaffe, AlterNet. June 13, 2011.

As Barack Obama gears up for his reelection fight, Wall Street donors are leery of handing over the cash--and former advisers warn about jobs.

Rampant Use of Private Contractors Means Less Transparency for TARP

Marian Wang, ProPublica. October 19, 2010.

The new report notes the U.S. Treasury’s awkward position of being both a regulator and a client of Fannie and Freddie

TARP Was a $700 Billion Disaster for Everyone But the Banks

Dean Baker, The Guardian. September 21, 2010.

The same crew that tapped our pockets two years ago is eagerly pitching the line that their bailout was good for us.

Meet Dylan Ratigan, That Guy on MSNBC Who Can Talk a Mean Streak About the Scam Artists on Wall St.

Zach Carter, AlterNet. August 14, 2010.

Dylan Ratigan is an unlikely champion of the common man, yet is emerging as one of the strongest voices for economic reform in the United States.

Crazy Economists Are Still Defending The Wall Street Bailout As The Recession Gets Worse

Dean Baker, AlterNet. August 6, 2010.

Economists are still spinning fairy tales so they can celebrate bank bailouts. Too bad everybody's still broke and out of work.

How the Sneaky Hands of the Big Banks Are Working Overtime to Rip You off

Zach Carter, AlterNet. July 15, 2010.

The economy is crumbling and consumers are in trouble. So banks are hitting them with $38 billion a year in deceptive fees.

The Corporate Stranglehold: How BP Will Make out Like Bandits from Its Massive, Still Gushing Oil Disaster

Zach Carter, AlterNet. May 26, 2010.

The existing $75 million cap on damages for offshore drilling companies is a bailout every bit as disgusting as those recently bestowed upon Wall Street.

Time For Obama To Lead: Republicans Block Volcker Rule

Simon Johnson, The Baseline Scenario. May 19, 2010.

Republicans are blocking Obama's signature Wall Street reform. The president must stand up and fight.

Nouriel Roubini: How to Break Up the Banks, Stop Massive Bonuses, and Rein in Wall Street Greed

Zach Carter, Nouriel Roubini, AlterNet. May 18, 2010.

The prominent economist explains why the model of the financial supermarket is a disaster, and why it's so dangerous that Wall Street is back to business as usual.

Why Didn't Congress Break Up The Banks? Bankers Bought The Vote.

A New Way ForwardMay 14, 2010.

Senators who voted against breaking up the banks got twice as much money from Wall Street as Senators who didn't.

America's Ten Most Corrupt Capitalists

Zach Carter, AlterNet. May 13, 2010.

Wall Street's captains of industry and top policymakers in Washington are often the same people. A lot of them get rich by playing for both teams.

Was Last Week's Market Crash a Direct Attack By Financial Terrorists?

David DeGraw, Amped Status. May 10, 2010.

In a market where 70 percent of all trades are executed by computer algorithms via High Frequency Trading, Goldman Sachs has the power to make the market crash or rise at will.

Congress Goes to Bat For Wall Street, Rejects Plan To Break up Banks

Zach Carter, AlterNet. May 7, 2010.

Last night, Congress shot down the most important Wall Street reform.

Break up the Big Banks and End the Oligarchy on Wall Street

Simon Johnson, The Baseline Scenario. May 5, 2010.

We are living in a Wall Street oligarchy if Congress won't allow a vote on breaking up the banks.

Dems Break GOP's Attempted Filibuster in the Senate, But Proposed Wall Street Reforms Are Pretty Flimsy

Zach Carter, AlterNet. April 29, 2010.

The good news: Democrats didn't sacrifice much to break the GOP filibuster. The bad news: the Wall Street reform bill is still too weak.

Robert Reich: Here's What Real Wall Street Reform Should Look Like

Robert Reich, Robert Reich's Blog. April 27, 2010.

Dems are making a final push for Wall Street reform -- this is what citizens should be asking for.

Larry Summers Is Lying About Big Banks

William Greider, The Nation. April 26, 2010.

Liar, liar, pants on fire.

Simon Johnson: Wall Street's Stranglehold on Our Democracy Must Be Broken

Zach Carter, Simon Johnson, AlterNet. April 17, 2010.

The progressive economist talks about the fight to reform Wall Street, what Robert Rubin should do with his money, and why Jamie Dimon is the most dangerous man in America.

Robert Reich: Congress Must Break Up the Banks

Robert Reich, Robert Reich's Blog. April 7, 2010.

If the big banks stay big, their political lpower will stay big. That power will put taxpayers on the hook for the next banking mess.

Despite Some PR Spin, the Top U.S. Bank Cop Is Still Pushing the Same Anti-Consumer Agenda

Zach Carter, AlterNet. April 6, 2010.

Instead of strengthening the framework that lead the economy to the brink of collapse, the top U.S. bank regulator wants to sabotage it further.

The Great American Bank Robbery, Part II

Joseph Stiglitz, W. W. Norton & Company. April 2, 2010.

How did the bankers make off with all of our money? Nobel Prize-winning economist Joseph Stiglitz explains.

Banks Could Be Biggest Winners in Obama's New Foreclosure Plan

Amy Goodman, Dean Baker, Democracy Now!. April 1, 2010.

The biggest winners in Obama's latest foreclosure prevention plan are the banks that created this mess.

Move Your Money, But Don't Forget About Credit Unions

Scott Thill, AlterNet. March 9, 2010.

Banking behemoths don't deserve your business. But your local credit union could be the right financial fit.

How Did A Bank Lobbyist Score The Top Bank Regulator Job?

Zach Carter, The Nation. March 5, 2010.

For years, John Dugan waged a war against the economy as a top bank lobbyist. Then George W. Bush made him the top U.S. bank regulator.

The Great American Bank Robbery

Joseph Stiglitz, W. W. Norton & Company. February 27, 2010.

How did the big banks nearly take down the entire economy and still continue to profit? Nobel Prize-winning economist Joseph Stiglitz explains.