Santa Claus Asks Congress For Bailout
Mr. Claus, age unknown, offered no specifics about how he would use the government funds, asking only that the Congressmen simply "believe in" him.
Mr. Claus, age unknown, offered no specifics about how he would use the government funds, asking only that the Congressmen simply "believe in" him.
Diane Francis | Posted 11.28.2008 | Business
One of the few investors or money mavens who guessed the meltdown was coming is Canada's Prem Watsa, Chair and founder of Fairfax Financial Holdings L...
Robert Reed | Posted 11.26.2008 | Chicago
The way major financial institutions are feasting on taxpayer-backed bailouts, you'd think every bank in this country has on the feed bag. Not true. Just north of Chicago is a bank that doesn't want any part of the U.S. government's $700 billion bank bailout or any subsequent rescue plans.
Rep. Jesse Jackson Jr. | Posted 11.26.2008 | Politics
Instead of spending money on more band-aids, a revised Constitution with a health care amendment would give direction to a unique American purpose and, over time, solve an historic problem.
Henry Blodget | Posted 11.26.2008 | Business
One of the goals of the latest plan is to reduce mortgage rates through government buying of mortgage-backed securities and Fannie and Freddie debt. And it worked immediately.
Lee Camp | Posted 11.25.2008 | Business

Trish Wend | Posted 11.24.2008 | Business

David Paul | Posted 11.23.2008 | Business
The current lesson for the commercial banks is that if they want to survive, they should not do any of the things -- such as increase lending -- that the Treasury is trying to get them to do.
Disgrasian | Posted 11.23.2008 | Media
Last week, Neel Kashkari appeared before Congress, where he was called a "chump" by Maryland Dem Elijah Cummings.
David Paul | Posted 11.21.2008 | Business
We have watched one bailout unfold, and we have not been impressed. We heeded the Wise Men, and now we feel violated. But how do we now hold failing auto companies to a higher standard?
Ben Cohen | Posted 11.20.2008 | Politics
If you thought the $700 billion bailout was bad, think again. The Federal Reserve is apparently handing out two trillion dollars in loans and it won't disclose where the money is going to.
ProPublica | Posted 11.20.2008 | Business
The South Financial Group announced this week that it had been approved to receive $347 million from the U.S. government. But the bank's founder and longtime CEO won't be sticking around.
Dean Baker | Posted 11.20.2008 | Business
Mr. Paulson now stands to gain lasting notoriety as the person who destroyed the domestic U.S. auto industry, and the economies of the Michigan, Ohio, and Indiana along with them.
Penny Herscher | Posted 11.18.2008 | Business
When I hear talk of the US taxpayer wanting zero bonuses on Wall Street this year, it concerns me that the public doesn't understand how talent works.
Don McNay | Posted 11.17.2008 | Business
I'm not sure where the payday lending businesses came from, but they populate poor neighborhoods everywhere. It's time to help people on the low end, too.
Emma Coleman Jordan | Posted 11.14.2008 | Business
The same penchant for secrecy and partial disclosure that pervaded the last eight years of foreign policy, energy policy and domestic intelligence gathering is now slowly emerging in the bailout.
Arianna Huffington | Posted 11.13.2008 | Politics
So, $290 billion into his bailout plan, Hank Paulson is calling for a do-over. Now there is a confidence booster -- it shows just how uncertain Washington is about how to keep the economy from imploding.
Don McNay | Posted 11.09.2008 | Business
The quicker Wall Street bottomed out, the quicker we could have started the recovery. Instead, we enabled it to the tune of $700 billion.
Keith Blanchard | Posted 11.06.2008 | Business
The plain fact is, each and every company and industry in America today needs and deserves a bailout. So I'm staking my claim: I represent one of more than 25 million small businesses.
Don McNay | Posted 11.02.2008 | Business
I hope the banks factored that reality in before the came up with the $700 billion figure. They might want to hang on to some of that taxpayer cash instead of using it to buy other banks.
Jonathan Tasini | Posted 10.31.2008 | Business
Want to know where $40 billion of your taxpayer-financed bailout for bankers is going? Into the pockets of their executives. And that evidence comes s...
Tom McNichol | Posted 10.29.2008 | Business
AN URGENT EMAIL TO MY ESTEEMED FRIEND IN NIGERIA Dear MR. HAJIA MARIAM ABACHA, First, 1,000 apologies for not responding to the valued emails you've...
Dean Baker | Posted 10.27.2008 | Business
The Post was near hysterical in its support of the Wall Street bailout earlier this month. Now the occasion comes to bail out the auto industry and the Post goes ballistic the other way.
Jeff Sandman and Kevin Nix | Posted 10.23.2008 | Politics
White House spokesman Tony Fratto "insisted that the plan was not slapped together and had been drawn up as over previous months and weeks by administration officials."
Tom McNichol | Posted 10.23.2008 | Business
It's time to stand up, America, cup your hands around your mouth, and let it rip for all of Wall Street and Washington to hear: Booooooooooooooooooooooooooo.
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Eric Williams | Posted 12.01.2008 | Business