Blogs Posts on "Bailout"
Suze Student Loans by What are secured loans? on Nov 22, 2009Suze explains how student loan crisis is looming as the next big thing. She says the real estate implosion and banking crisis including the credit crunch have not yet been dealt with well. She implores Congress to head this one off at the pass as our...
GE CEO and BofA execs predict second stimulus by George S May Blog on Nov 17, 2009Whether the end result proves to be positive or not, should this come to fruition, expect right wing radio hosts and Senators alike to have a field day. Oh, excuse me, and expect BofA execs to have a vacation. “General Electric Co. Chief Execu...
It's Official: The Bailout of GM Was a Bad Idea by your daily rant on Nov 9, 2009The Government Accounting Office released a study last week that officially stated what many have known for months: The $50 million given to General Motors to get the company back on its feet may as well have been flushed down the toilet. Since GM...
Expanded First Time Homebuyer Tax Credit is set to be expanded and looks to become law tomorrow morning. by Staten Island Real Estate News, Advice & Info on Nov 5, 2009As reported by several news sources, both the U.S. congress and Senate have approved an extension and expansion of the first time homebuyer tax credit. Expansion of income eligibility. The expansion the $8,000 tax credit will now include homebuy...
History Repeating: In Goldman Sachs We Cannot Trust... by VioletPlanet on Nov 4, 2009GOLDMAN SACHS BUSINESS PRINCIPLES ( # 5 of 10)"We stress creativity and imagination in everything we do. While recognizing that the old way may still be the best way, we constantly strive to find a better solution to a client's problems. We pride our...
will i get an economic stimulus package in may? by Financial Planning on Nov 3, 2009I’m 23, a student, and have filed a return this year with the fed. government. My parents claim me as a dependent still and I was wondering if I should expect to get a refund from the economic stimulus pack or not. I would imagine I don’...
CIT Files Bankruptcy by Our Happy Money on Nov 1, 2009CIT Group Inc., a 101-year-old commercial lender, filed for bankruptcy to cut $10 billion in debt after the credit crunch dried up its funding and a U.S. bailout and debt exchange offer failed. CIT listed $71 billion in assets and $64.9 billion in de...
Fools for the Citi by Rhymes With Clown on Nov 1, 2009OVER the past 80 years, the United States government has engineered not one, not two, not three, but at least four rescues of the institution now known as Citigroup .Reports the New York Times. The article has a brief history of the various bailouts...
Markets Hammered as Bailout Vote Fails by ParadiseProfitz - Best Reviews And Updates On New Advertising Programs And Products on Oct 31, 2009US politicians bailed out of helping correct the mess they and their financial groups created on Monday, sending the world economy into waters not visited since the Great Depression. US stocks plunged as a result the House of Representatives rejected...
TARP on Steroids by Rhymes With Clown on Oct 29, 2009That's what Congressman Brad Sherman (D-CA) has called the new resolution authority proposal put forth by Secretary Geithner and the Treasury.Resolution authority is the ability for the government to take over and somehow deal with failing financial...
