On AlterNet: treasury

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

Treasury Makes Shocking Admission: Program for Struggling Homeowners Just a Ploy to Enrich Big Banks

Zach Carter, AlterNet. August 25, 2010.

The Treasury Dept.'s mortgage relief program isn't just failing, it's actively funneling money from homeowners to bankers, and Treasury likes it that way.

Elizabeth Warren Uncovered What the Govt. Did to 'Rescue' AIG, and It Ain't Pretty

William Greider, The Nation. August 9, 2010.

The government’s $182 billion bailout of insurance giant AIG should be seen as the Rosetta Stone for understanding the financial crisis and its costly aftermath.

Obama's Latest Moves Will Punish the Middle Class -- Is He Panicking?

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

His three-year freeze on a large portion of discretionary spending will make it impossible for him to do much of anything for the middle class that's important.

Geithner Must Go: He's Costing Us and Obama Too Much

William Greider, The Nation. January 26, 2010.

The first casualty of the president's political debacle will likely be Timothy Geithner, the severely over-confident treasury secretary well known as a lapdog of Wall Street.

TARP Watchdog Elizabeth Warren Explains Treasury's Strategy, and Why It May Not Be Enough

Isaac Fitzgerald, AlterNet AlterNet: Video. April 24, 2009.

Warrens work is very important, she is doing us all a great service and should be listened to.

Geithner and Summers Want More Debt Bubbles: The Result Could Be Catastrophic

Thom Hartmann, Smirking Chimp. April 16, 2009.

The Geithner/Summers plan seems to hinge on reinflating the debt bubble. The outcome will be inflation, a more serious crash, or both.

Will the FDIC Need a Bailout Too?

Paul Kiel, ProPublica. March 11, 2009.

It's looking increasingly like the FDIC will have to turn to Treasury to help it weather the storm.

Tim Geithner, Tell Us Why You're Rescuing the Very Private Interests that Led Us to Ruin

William Greider, The Nation. February 13, 2009.

The lack of transparency and silence feeds a popular suspicion that politicians are still working for the other side.

Plunder and Blunder; How the 'Financial Experts' Keep Screwing You

Dean Baker, PoliPoint Press. February 7, 2009.

Anyone with common sense, a grasp of simple arithmetic and a desire to go against the consensus should have seen the financial crisis coming.

Senators Hit CEOs Where it Hurts ... Try to Cap Bailout Pay

Staff, Institute for Policy Studies AlterNet: PEEK. February 3, 2009.

Analysts applaud senate effort to cap cailout pay ... voice concerns over reports of weak Treasury Department rules.

How Citigroup Unraveled Under Geithner's Watch

Jeff Gerth, ProPublica. January 15, 2009.

Obama's pick for Treasury Secretary has some serious strikes against him -- especially when it comes to regulation.

The Fed and the Treasury Need to Come Clean About Where The Money Is Going

Nomi Prins, The Nation. December 20, 2008.

Some major steps toward transparency are needed to begin to ensure that the bailout money is not being squandered.

Obama's Treasury Pick Has All the Wrong Ideas

William Greider, TheNation.com. November 25, 2008.

Timothy Geithner is an architect, and now an enabler, of the unfolding crisis.

Larry Summers Out as Obama's Treasury Pick?

Matt Stoller, Open Left AlterNet: PEEK. November 14, 2008.

Victoria McGrane and Lisa Lerer from the Politico are reporting that Larry Summers is on the outs with Obama's transition team.

Naomi Klein: Bailout = Bush's Final Pillage

Naomi Klein, The Nation. October 31, 2008.

The bailout has been designed to keep stealing from the Treasury for years to come.