Keyword: Barney Frank

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...

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...

Where Are The Bankers, Barney Frank?

By  Lagan Sebert

Barney Frank has repeatedly promised to bring bank executives in to testify before Congress about what they are doing with taxpayer money from the TARP...

Fed Lends Two Trillion Without Oversight

By  Danielle Ivory

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

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...

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...

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...