Posted by: Jayme Johnson on: March 10, 2012
Still, the fact that some banks refinanced their initial TARP investments by borrowing from other federal government programs undercuts the Treasury Departments claim that the government has made money from TARP via Banks Repaid Fed Bailout With Other Fed Money: Government Report.
Posted by: Jayme Johnson on: November 6, 2011
Goldman Sachs hoards rice, wheat, corn, sugar and livestock and jacks up commodity prices around the globe so that poor families can no longer afford basic staples and literally starve. Goldman Sachs is able to carry out its malfeasance at home and in global markets because it has former officials filtered throughout the government and [...]
Posted by: Jayme Johnson on: February 18, 2011
Republicans would rather go after teachers and other public employees than have us look at the pay of Wall Street traders, private-equity managers, and heads of hedge funds — many of whom wouldn’t have their jobs today were it not for the giant taxpayer-supported bailout, and most of whose lending and investing practices were the [...]
Posted by: Jayme Johnson on: November 25, 2010
The austerity plan Ireland unveiled on Wednesday to secure a bailout from its international partners makes one thing clear: much of the 15 billion euros (or $20 billion) in savings the government has pledged to find over the next four years will come from the welfare state and the working class. via As Ireland Makes [...]
Posted by: Jayme Johnson on: November 14, 2010
Below is the list of companies to which Treasury has committed money. “Revenue to Government” shows the amount that has been paid to the Treasury Department through interest, dividends, fees or the repurchase of stock warrants. via Bailout List: Banks, Car Companies, and More | Eye on the Bailout | ProPublica.
Posted by: Jayme Johnson on: March 8, 2010
You might want to keep this in mind the next time people like Glenn Beck on Fox News starts whining about government funding and/or bailouts: Fox News is owned by News Corp. At least four of their top institutional stock holders were bailed out. They include Goldman Sachs, Morgan Stanley, Bank of New York Mellon, [...]
