Keyword: bailout

Obama's Auto Task Force: Driven by Wall Street?

By  Mike Fritz  Harry Hanbury

The General Motors flameout has been a disaster for blue collar Americans working on assembly lines...

Road to Ruin: Mortgage Fraud Scandal Brewing

By  Lagan Sebert

Criminal fraud may be the most underreported aspect of our current financial crisis...

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...

Citigroup’s Special Treatment

By  Lagan Sebert  David Murdock

The once almighty Citigroup is now getting a third lifeline from the U.S...

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...

Paulson's $140 Billion Surprise

By  Harry Hanbury  Nick Penniman

It's a little-known story about the financial crisis...