Wall Street bailout

Isaiah J. Poole's picture

Financial Crisis Probe Gets Under Way

The Financial Crisis Inquiry Commission, the panel created by Congress to investigate the causes of last year's financial market meltdown, held its inaugural meeting September 17 as the nation observed the one-year anniversary of the nadir of the Wall Street economic collapse. more »


Robert Borosage's picture

The Mugging of the Common Good

Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
....The best lack all conviction, while the worst
Are full of passionate intensity.
Surely some revelation is at hand

-- William Butler Yeats

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Mike Elk's picture

Wells Fargo 'Chooses To Cheat Us'

Last week, I wrote about workers who were fighting back against Wells Fargo after the bank cut off credit to Quad City Die Casting factory on Moline, Ill., causing the factory to close. more »

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Dean Baker's picture

Why We Can't Wait To Move On Bank Reform

Issues-NOW-75.gifIf we didn't live in the world we actually live in, putting Wall Street reform on hold until we fix the immediate problems with the banks might make sense. But in the world we do live in, it is precisely because the banks have an immediate problem that there is some hope of reining them in. Here's why putting that off would lead to failure.

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David Sirota's picture

The Politics of Ending Bailout-mania

Issues-NOW-75.gifDean Baker has expertly provided the economic case for ending taxpayer-funded bailouts for Wall Street. But, as we all know, just because something makes sound economic sense does not mean Congress or the White House will change course.

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Dean Baker's picture

Time to End the Bailouts

Issues-NOW-75.gifLet's take Treasury Secretary Timothy Geithner at his word. If the banks are strong enough to get through the downturn, then can we end the taxpayer bailouts that were supposedly necessary to keep them afloat?

(This is the first in a series of guest posts on issues that will be addressed at the America's Future Now! conference June 1-3 in Washington.)

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Arianna Huffington Interviews Elizabeth Warren: Demanding Accountability

Elizabeth Warren, the chairman of the congressional committee that is overseeing federal spending on the Troubled Asset Relief Program, discusses reform of the financial system with Arianna Huffington and the anchor team of CNBC's "Squawk Box." Warren defends the push for greater Wall Street accountability in the TARP program, and explains why the country needs to reverse the deregulation of the past two decades. more »


Isaiah J. Poole's picture

The Subprime Rogues Who Bought Congress

A Center for Public Integrity report released today, "Who's Behind the Financial Meltdown," spells out how 25 of the country's largest financial institutions fueled the subprime mortgage market that precipitated the global financial crash. more »

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Isaiah J. Poole's picture

Financial Crisis Investigation Closer To Reality

Progressives who have been campaigning for an independent commission to expose the causes of today's financial crisis are about to score a major victory as early as Wednesday in the House. more »

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Bill Moyers's picture

Mortgaging the White House

In his first hundred days, FDR came out swinging. He shut down the banks, threw the money lenders from the temple, cranked out so much legislation so fast he would shout to his secretary, Grace Tully, "Grace, take a law!"
President Obama's been busy, but contrary to many of the pundits, he's no FDR.

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