Keyword: tarp

Road to Ruin: Burned by Brokers

By  Lagan Sebert  David Murdock

Economists, politicians, and pundits refer to "toxic assets" as if they are some unspeakable stew bubbling in a barrel behind an old warehouse...

AIG CEO Warns Of 'Dire Consequences' If Company Fails

By  Mike Fritz  Lagan Sebert

This piece was produced in conjunction with the Huffington Post:

"Edward Liddy, CEO of American Insurance Group, warned a congressional panel Wednesday of "dire consequences" if the bailed-out insurer is allowed to fail...

AIG Won't Release Names Of Executives, Citing Death Threats

By  Mike Fritz  Lagan Sebert

This piece was produced in conjunction with the Huffington Post:

"Members of a congressional panel interrogating AIG CEO Edward Liddy on Wednesday repeatedly asked that he release the names of executives who were on the good end of $165 million in bonus payments...

Citi CEO Pandit Caught In Double-Talk: Earns $10.8M After Telling Congress He Made $1M

By  Lagan Sebert

This piece was produced in conjunction with the Huffington Post:
"Citigroup Chief Executive Vikram Pandit received nearly $11 million of compensation in 2008...

Grayson Grills Citigroup CEO

By  Harry Hanbury  Lagan Sebert

CEOs of the biggest bailed-out banks finally appeared before Congress. Over the course of a seven-hour hearing, there were remarkably few revealing moments...

Fed Lends Two Trillion Without Oversight

By  Danielle Ivory

So, you know about the Treasury's $700 billion bailout plan...

Bank CEO Says Bailout Failing Community Banks

By  Danielle Ivory

As another $350 billion goes out the door, ANP looks at one small bailed-out bank...

Tax Havens: The Hidden Hand in the Financial Crisis

By  Lagan Sebert

The financial crisis seems as if it emerged from nowhere and struck as hard and fast as lightning...

Congress Ignored Critical Bailout Oversight

By  Danielle Ivory  Lagan Sebert

On December 19th, Henry Paulson urged Congress to release the second half of the $700 billion of the bailout money...

Bank Eat Bank: Bailout Encourages Mergers

By  Danielle Ivory  Lagan Sebert

With newfound bailout money in their wallets, big banks have been rushing to gobble up smaller ones...