September 26, 2008 - Congress is like a slick Vegas magician. While our attention is on its fiddling with the Wall Street mess they slip a quick 25 billion in welfare to the auto industry and hope nobody was noticing. That means this month's bailouts are already over a hundred billion with a...
Filed under: financial crisis,
economic crisis,
Henry Paulson,
Treausury Secretary Henry Paulson,
$700 billion rescue plan,
$700 billion bailout,
government bailout,
Wall Street,
Wall Street CEO pay,
CEO salaries,
House Financial Services Committee,
Congress Financial Services,
Congress government bailout,
government bailout,
AIG,
Lehman Brothers,
Morgan Stanley,
Merrill Lynch,
Wall Street crisis
September 26, 2008 - Come you masters of debt
You that owe the big bucks
You that sell off your shares
To some other rich fucks
You that mismanage funds
You that mishandle loans
I just want you know
I see through your Dow Jones
You that never done not...
Filed under: financial crisis,
economic crisis,
Henry Paulson,
Treausury Secretary Henry Paulson,
$700 billion rescue plan,
$700 billion bailout,
government bailout,
Wall Street,
Wall Street CEO pay,
CEO salaries,
House Financial Services Committee,
Congress Financial Services,
Congress government bailout,
government bailout,
AIG,
Lehman Brothers,
Morgan Stanley,
Merrill Lynch,
Wall Street crisis
September 23, 2008 - Looks like the Wall Street bailout isn't going to glide through as easily as hoped. Democrats are balking. They refuse to give Wall Street a $700 billion "blank check," and Barack Obama says the bailout...
Filed under: Barack Obama,
Obama on Bailout,
Obama Bailout Speech,
Democrats And Bailout,
Bailout Provisions,
Henry Paulson,
Treasury Secretary,
Treausury Secretary Henry Paulson,
$700 billion rescue plan,
$700 billion bailout,
government bailout,
Wall Street,
Wall Street CEO Pay,
CEO Salaries,
CEO Salary Cap,
Congress CEO Salaries Wall Street,
House Financial Services Committee,
Congress FInancial Services,
Congress imposes salary limit,
Congress Debate Government Bailout,
September 22, 2008 - According to Politico, one of the main sticking points in the bailout bill is the issue of limits on executive compensation -- maybe because this is one of the few parts of the bill anybody can understand. The Democrats think the executives shouldn't be rewarded for screwing up, to which...
Filed under: Henry Paulson,
Treasury Secretary,
Treausury Secretary Henry Paulson,
$700 billion rescue plan,
$700 billion bailout,
government bailout,
Wall Street,
Wall Street CEO Pay,
CEO Salaries,
CEO Salary Cap,
Congress CEO Salaries Wall Street,
House Financial Services Committee,
Congress FInancial Services,
Congress imposes salary limit,
Congress Debate Government Bailout,
Government Bailout,
AIG,
Lehmen Brothers,
Morgan Stanley,
Merrill Lynch
September 22, 2008 - We're not economists, but according to our calculation, Wall Street is about to be swallowed up by a sinkhole. What can you do to protect your investments? Wait, you have investments? You're our most elite reader!
Normally, in times of such confusi...
Filed under: Henry Paulson,
Treasury Secretary,
Treausury Secretary Henry Paulson,
$700 billion rescue plan,
$700 billion bailout,
government bailout,
Wall Street,
Wall Street CEO Pay,
CEO Salaries,
CEO Salary Cap,
Congress CEO Salaries Wall Street,
House Financial Services Committee,
Congress FInancial Services,
Congress imposes salary limit,
Congress Debate Government Bailout,
Government Bailout,
AIG,
Lehman Brothers,
Morgan Stanley,
Merrill Lynch,
Wall Street Crisis Explained,
Wall Street Crisis,
What is the wall street crisis?,
What is the financial crisis?,
Government Spending Explained,
Market Crisis Explained,
Bank Bailout
July 14, 2008 - With news that the U.S. Treasury is getting the go-ahead to use billions of federal dollars to guarantee the debts held by Freddie Mac and Fannie Mae, many Americans can't help but wonder, "What's so damn spec...
Filed under: Freddie Mac,
Fannie Mae,
Fanny Mae,
Freddie Mac Fannie Mae,
Bush Freddie Mac,
Bush Fannie Mae,
Freddy Mac,
Freddie Mac bailout,
Fannie Mae bailout,
subprime loans,
subprime mortgage,
subprime loan crisis,
subprime mortage crisis,
subprime foreclosure,
subprime scandal,
Countrywide Financial,
subprime mortage Countrywide Financial,
House Financial Services Committee,
Barney Frank,
Barney Frank Fannie Mae,
Barney Frank Freddie Mac,
George Bush Freddie Mac,
George Bush Fannie Mae,
Bear Stearns,
subprime Bear Stearns