Topic: Financial Rescue Plans

WALL STREET'S BAILOUT HUSTLE - Dugg by William M. Keever

WALL STREET'S BAILOUT HUSTLE Goldman Sachs and other big banks aren't just pocketing the trillions we gave them to rescue the economy - they're re-creating the conditions for another crash BY MATT TAIBBI William M. Keever READ MORE›

WALL STREET'S BAILOUT HUSTLE by Matt Taibbi - William M. Keever

WALL STREET'S BAILOUT HUSTLE Goldman Sachs and other big banks aren't just pocketing the trillions we gave them to rescue the economy - they're re-creating the conditions for another crash, BY MATT TAIBBI READ MORE›

By Any Other Name, it's Still the Same

Jose D. Roncalwww.financialspeculation.comNationalization. The word makes one shudder!  It might even drudge up old images of the hammer and sickle or Mao's men marching in khaki uniforms!  We've already mentioned the ...READ MORE›

The Big Bank Balancing Act

16 January 2009 Jose D. Roncal www.financialspeculation.com I remember the good old days when banks used to lend money to “we the people.” Now we’re being forced to lend money to them. Not so long ago, banks were eager to get ...READ MORE›

Hennion and Walsh News: Treasuries - Bonds Fall As Bailout Hopes Pare Safety Bids

"A lot will hinge on the passage of a rescue plan, the sooner the better. It remains an uncertainty in the market," said Kevin Mahn, chief investment officer at Hennion & Walsh Inc. in Parsippany, New Jersey.READ MORE›

Bad Banks? Bad Idea?

30 January 2009 Jose D. Roncal www.financialspeculation.com Lawmakers are looking for a quick fix for the banking and credit markets. No fix will be clean or easy. Every option comes with big hits to taxpayers, partisan bickering ...READ MORE›

Bailouts and Stimulus Packages: Missing the Mark

22 December 2008 Jose D. Roncal www.financialspeculation.com What exactly was all this U.S. Federal bailout money—the Temporary Asset Relief Program (TARP)—supposed to relieve?   Let’s review the highlights First of all, ...READ MORE›

Banks: The Need to Get Personal

Jose D. Roncalwww.financialspeculation.comWhile the G-20 world leaders meet and discuss ways to reverse the deep global recession, others like Nouriel Roubini, the New York University professor, focuses on what's happening back ...READ MORE›

Class Conflict Between Main Street & Wall Street Continues

There is a strong connection between Wall Street and Main Street. “During the last few years, many consumers borrowed more than they should have, and we helped them do it,” said Bank of America’s new CEO, Brian...READ MORE›

Infographic of the Day: Government Bailouts Around the World

How do the U.S.'s economic interventions compare, across the world?READ MORE›

Funny Business

How comedians clarify brain-fuzzing statsREAD MORE›

• The Gripping Statistic: How to Make Your Data Matter

Bailout, Bailout, Who Gets the Bailout?

It might be time for government to stop proposing bailout packages for multinational banks, and throw the cash at the retail sector instead. With a little capital, maybe our nation’s stores could finance new and exciting ways to get people back in the holiday shopping groove.READ MORE›

Money Velocity- Inflation opening the door- Robin Tehan

Financial Collapse with printing money – with inflation on the dollar. Bailing out Wall Street friends will not help Americans people as inflation will creep in with the money hitting with the bailout. The bailout can even turn ...READ MORE›

How to Repair a Broken Financial World

By MICHAEL LEWIS and DAVID EINHORN Continued from "The End of the Financial World As We Know It" Mr. Paulson must have had some reason for doing what he did. No doubt he still believes that without all this frantic activity ...READ MORE›

MyRichUncle is Out of Cash

MyRichUncle was an intriguing startup student loan company with an innovative, white-knight approach when I wrote about them in the 2006 Fast Company 50. When I talked to them, the two 20-something founders seemed cocky, but sincere. ...READ MORE›

Enoch Mayfields Bbsc Corp

Enoch Mayfields Bbsc CorpREAD MORE›

Solar Power Shines Through the Economic Storm

With the news full of failing banks, dried-up credit and falling stock markets, it’s no shock that people are afraid about what’s ahead, entrepreneurs included. And yet even in the midst of all this, the opportunities ahead are ...READ MORE›

Geithner "Burned Billions," Shafted Taxpayers on CIT Loan

"William Black, professor at the University of Missouri-Kansas City School of Law is dumbfounded. 'We put ourselves on the hook in a completely inept way where we lose first. We lose entirely as the taxpayers.'   Black, a ...READ MORE›

3 Words I Wish Big Finance Would Learn

It has been shocking and bewildering to watch the behavior of some of the top banking CEOs in recent months, punctuated by the appearance of four of these executives before Congress last month. Some questions immediately pop into my mind. Do they follow the news? Have they no conscience? Do they not have public-relations people on retainer? The answer to all three is, apparently, no because it is clear that they are so far out of touch with reality that they are the equivalent of the Merry Pranksters of the 1960s tripping on acid.READ MORE›

The Next Shoe to Drop: Commercial Real Estate

15 January 2009 Jose D. Roncal www.financialspeculation.com We’re all aware of the calamitous mortgage crisis with consumers loosing their homes, bank foreclosures, the lending freeze and the rapid unraveling of the economy in ...READ MORE›

Bonuses Versus the Big Picture

2 February 2009 Jose D. Roncal www.financialspeculation.com   On his ninth day in office, President Obama took a broad swipe at Wall Street, calling the $18.4 billion in bonuses for 2008 "the height of irresponsibility" and ...READ MORE›

The $30 Billion Man

The White House proposes a new lending program to help spur hiring. READ MORE›

• Read more from The Upswing.

Market to Market Revisited

Jose D. Roncalwww.financialspeculation.comLast October we wrote an article explainingMark-to-Market Accounting. The article gave a basic overview about what Mark to Market means, how it works, and the pros and cons.  It was a ...READ MORE›

Visualization: What's a Billion, Here and There?

With all this talk of billion-dollar bailout programs, one information designer creates a chart that puts it all in context.READ MORE›

Bailout or reward to network

There is money involved and the priority of nation seems to be capital. The President elect announces economy or bail out team first. If that is the CHANGE then I would like to announce a welcome change to disaster. A look at some of ...READ MORE›