Top Economic Crisis News, Videos, and Blogs - WallStreetBlips

Video: FDIC Insurance Fund In the Red

Wed, 25 Nov 2009 19:09:59 +0000

The FDIC's insurance fund posted a loss of $8.2 billion in 3Q of 2009. The agency added 136 insured banks to its list of "problem" banks.

MediaMan posted 32 hours ago from marketnewslive.blogspot.com

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Video: AIG CEO Signs Non-Compete Contract

Wed, 25 Nov 2009 19:00:55 +0000

The CEO of AIG has reportedly signed a non-compete contract, which could be a sign that he plans to stay put at the struggling insurer. The Wall Street Journal reported today that AIG chairman Harvey Golub told the newspaper that CEO Robert Benmosche is committed to leading the company

MediaMan posted 32 hours ago from marketnewslive.blogspot.com

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FRB: Speech--Bernanke, On the Outlook for the Economy and Policy--November 16, 2009

Mon, 16 Nov 2009 17:15:00 +0000

Chairman Ben S. Bernanke At the Economic Club of New York, New York, New York November 16, 2009 On the Outlook for the Economy and Policy When I last spoke at the Economic Club of New York a little more than a year ago, the financial crisis had just taken a much more virulent turn. In my ...

Calculated Risk found this 10 days ago on federalreserve.gov

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Why a Clawback Might Be In Order

Mon, 16 Nov 2009 07:32:01 +0000

Photo by: Wildcat Dunny When the financial crisis was in high gear I argued that the pitchforks and torches being raised against AIG were counter-productive. I felt like it was a feel-good symbolic gesture that was more for making people feel vengeful than getting at sound economic ...

BradJohnson posted 10 days ago from personalfinanceandinvesting.com

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Video: Geithner urges banks to lend

Thu, 19 Nov 2009 15:15:04 +0000

At a Washington event dedicated to small business, Treasury Secretary Timothy Geithner urged banks to step up to the plate and lend more money in order to keep the economic revival growing.

MediaMan posted 7 days ago from marketnewslive.blogspot.com

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Video: Goldman Sachs Announces Small Business Initiative

Thu, 19 Nov 2009 14:53:49 +0000

Goldman Sachs apologized for its role in the financial crisis, and pledged $500 million to help small businesses. The "10, 000 Small Businesses Initiative" comes as the investment bank faces widespread criticism.

MediaMan posted 7 days ago from marketnewslive.blogspot.com

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GM Announces It Will Pay Back Gov’t Loan … With Gov’t Money

Tue, 17 Nov 2009 03:04:52 +0000

GM will be begin paying back the TARP money in December, the company announced this morning. It’s a statement in need of a little context. Basically, GM will be using a portion of its $50 billion in TARP bailout money it received to in turn repay another portion of the TARP loans.

MediaMan posted 9 days ago from onthehillblog.blogspot.com

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Govt’s Attempt to Push Transparency for Mortgage Mods Falls Short

Fri, 13 Nov 2009 17:17:03 +0000

Last week, the Treasury Department took a step to address those concerns: For the first time, it issued guidelines requiring mortgage servicers to give homeowners details about why they’ve been denied. But the required disclosure will only be partial, and housing advocates say that means servicers’

MediaMan posted 13 days ago from onthehillblog.blogspot.com

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