TARP

Former TARP Inspector General Neil Barofsky sat down with The Daily Show's Jon Stewart to talk about his book Bailout: How Washington Abandoned Main Street While Rescuing Wall Street and the reasons for the program's failure. You can read Read more...
Between what are seen by many as President Obama’s weak proposals and Mitt Romney’s loving embrace, bankers have little to fear from either administration, and that leaves the rest of America on perilously thin economic ice. Neil Barofsky, who held the thankless job of special inspector general in charge of policing TARP, the bailout’s Troubled Asset Relief Program, joins Bill to discuss the critical yet unmet need to tackle banking reform and avoid another financial meltdown. Read more...
How could we ever get through another week of Sunday bobble head shows without Peggy Noonan around to let all of you people know what Very Serious People the Republicans are. On this week's edition of Meet the Press, it was Paul Ryan's turn for Read more...
This week, Rex Nutting of the MarketWatch caused a stir with his analysis correctly showing that federal spending has hardly budged under President Obama, rising at the slowest pace since the Dwight Eisenhower was in the White House. Read more...
Congratulations! You have your own bank, as in the Yes Men</a> strike again... Read more...

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Apparently the moderators at the Fox South Carolina Republican presidential debate didn't think it was worth calling Mitt Romney out, or didn't do their homework, heaven forbid when they let him repeat his hypocrisy on whether the TARP bailouts were a "slush fund." Color me not shocked that the crack team of "reporters" over at Fox didn't catch this one. Read more...
Fortune Magazine talks with Walter Bettinger, CEO of Charles Schwab, about Occupy Wall Street. Bettinger says his company has avoided the wrath of the Occupy Movement because it didn't take TARP money. “I look at Occupy Wall Read more...
A C&L reader sent in the following horror story: I have continued to follow C&L through the years and enjoy the attention you give to the issues. I have seen a lot recently about home foreclosures and the ugly means banks are employing to get Read more...
With the jobs picture bleak and getting steadily bleaker, President Obama needs to shed the tightly restrained list of options that the D.C. establishment considers it acceptable to consider. The things Republicans want to consider would be Read more...
I will be celebrating (mourning?) my twentieth year since coming to work in Washington next year. I came here with the Clinton team, and even though I was President Clinton’s liaison to the progressive community, I still came to town with a bunch Read more...