WHAT POLITICIANS DARE NOT SAY
- Hank's for Nothing. Patashnik, Josh // New Republic;4/23/2008, Vol. 238 Issue 7, p1
The author discusses the economic consequences stemming from unregulated over-the-counter derivatives in the U.S. He argues that unregulated derivatives fueled the financial collapse of the Long-Term Capital Management hedge fund in 1998 and led to the subprime mortgage crisis in 2008. The...
- Government bailout of Detroit 3 helps suppliers-sort of. // Rubber & Plastics News;11/3/2008, Vol. 38 Issue 7, p8
The article comments on the bailout package of the U.S. government to Detroit 3, which include General Motors Corp. (GM) Ford Motor Co. and Chrysler Corp. It is stated that bailout by the U.S. Treasury Department may lead a merger of GM and Chrysler. It is noted that if Chrysler is merged into...
- The panic of Paulson and our economic no-man's land. Samuelson, Robert J. // Fort Worth Business Press;9/29/2008, Vol. 20 Issue 38, p30
The author reflects on the $700 billion government bailout plan proposed by U.S. Treasury Secretary Hank Paulson. He notes that the bailout proposal by Paulson was a panic reaction to the turmoil of the world financial markets. He cites that Paulson's bailout plan is a smaller government...
- $700 billion question: Why rush? Clark, Ken // Home Channel News;10/6/2008, Vol. 34 Issue 13, p8
The author reflects on the proposal of U.S. Department of the Treasury Secretary Henry M. Paulson on the $700 billion grant of power with no judicial review. The author infers that the Treasury Secretary, who is calling for the bailout, has not presented an admirable record in expecting the...
- As banks repay loans, Treasury to ask how bailout money spent. Brush, Silla // Hill;12/17/2009, Vol. 16 Issue 149, p21
The article reports on the investigation of the U.S. Department of the Treasury on how the bailout money was spent by the individual banks.
- Meanwhile, banks yield 8.5% return. SWANSON, IAN // Hill;4/28/2010, Vol. 17 Issue 46, p1
The article reports that an 8.5% return has been made by the U.S. Department of Treasury from the bailout it provided to banks during the financial crisis.
- Treasury to Nominate Bank Directors. // American Banker;3/18/2011, Vol. 176 Issue F311, p15
The article reports that the U.S. Treasury Department plans to install its own nominees on the boards of banks which are having problems meeting the terms of their government bailout.
- Treasury Urged to Have GM, Ally Exit Plan. // American Banker;7/11/2012, Vol. 177 Issue 106, p12
The article gives information about the U.S. Treasury Department's holdings in General Motors and Ally Financial companies and the Troubled Asset Relief Program Special Inspector General Christy Romero's comment that the Treasury should sell the holdings which were acquired through bailouts.
- The Hmiami Herald. // Hill;1/15/2009, Vol. 16 Issue 6, p14
The article reports on the bailout money released by the U.S. Department of the Treasury under the no accountability, no transparency ruling of the Troubled Asset Relief Program.