Keyword: Merrill Lynch

The Fed Under Fire

By  Lagan Sebert  Harry Hanbury  Mike Fritz

The Federal Reserve is one of the most powerful and secretive institutions in Washington, long considered beyond the reach of lawmakers...

Quick Take: Kucinich Grills Lewis on Fed Emails

By  Lagan Sebert

Bank of America CEO Ken Lewis took a pounding Thursday from the House Committee on Oversight and Government Reform...

Quick Take: Kucinich Grills Lewis on Fed Emails

By  Lagan Sebert

Bank of America CEO Ken Lewis took a pounding Thursday from the House Committee on Oversight and Government Reform...

Stress Tests Might Be Pointless, Treasury Declines to Comment on Off-Book-Assets

By  Danielle Ivory

This report was produced in collaboration with Alternet.

At the center of President Obama's overhaul strategy for Wall Street are the "stress tests" which will be applied to all financial institutions...

Flogging of AIG Execs

By  Lagan Sebert

In the wake of the $700 billion bailout, the public is finally getting a look at the faces behind the financial crisis...

Last Minute Fight Against Bailout Pork

By  Lagan Sebert

Republican congressman Steven LaTourette proposed an amendment to the bailout package on Thursday, October 2, that would strip the pork out of the senate's bailout bill and limit the immediate bailout to $250 billion...

Byron Dorgan’s Crystal Ball

By  Lagan Sebert

Many experts point to the 1999 Financial Modernization Act as a cause of our current financial crisis...

House Rejects Bailout Despite Pressure

By  Lagan Sebert

The $700 billion bailout plan came to a vote in the House of Representatives after a week of intense debate...

VIDEO ESSAY: The End Of Free-Market Fundamentalism?

By  Nick Penniman

Amid the chaos and chatter about this week's financial bailout, one clear theme emerged in some quarters: The era of free-market fundamentalism is over...

A Market-Based Mindset

By  Danielle Ivory

Recently, the Bush administration proposed what could be the largest government bailout of private industry in the history of the United States...