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Henry Blodget: Tim Geithner Is Screwing You Again
Henry Blodget: Tim Geithner Is Screwing You Again
You remember GMAC.  Bored by the mundane world of vehicle financing, they plunged into mortgage originations only to get stomped.  They've already received $12.5 billion via TARP since December 2008 (because TARP was designed to help auto loans, remember?...or was it the toxic ...
Accrued Interest: Financial Regulation: How would you have it work?
accruedint.blogspot.com — Yesterday myself and several other financial bloggers got the chance to meet with several senior Treasury officials,... including the Secretary himself. It was a fascinating experience and I have to admit, it was just plain cool to be within the bowels ... (more) Accrued Interest: Financial Regulation: How would you ...
Geithner Urges Banks to Resume Lending, Help Recovery (Update1)
Geithner Urges Banks to Resume Lending, Help Recovery (Update1)
bloomberg.com — Nov. 1 (Bloomberg) -- U.S. Treasury Secretary Timothy Geithner said the country’s economic recovery and job creation... hinge on banks taking more risk and restoring the flow of credit to businesses. “The big risk we face now is that banks are going to ... (more) Geithner Urges Banks to Resume Lending, Help Recovery ...
Legislation coming to break up big banks?
blogs.reuters.com — In a note to clients yesterday, Paul Miller of FBR Capital Markets wrote: We are hearing that... discussion of breaking up large financial institutions that pose systemic risk to the market is gaining traction on the Hill. At this point, discussions ... (more) Legislation coming to break up big banks?
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