Tag: bailout
Taxpayers subsidize big banks handing out $85 bln annually
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Sen. Elizabeth Warren (D-Mass.) grilled Federal Reserve Chairman Ben Bernanke about the risks of having banks that are too big to fail on Tuesday. According to a recent Bloomberg study, some of the biggest banks are...
Occupy: illusory radicalism?
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In this debate, filmed at the Battle of Ideas, a panel discuss the Occupy phenomenon. At its various locations, Occupy has issued demands for tighter regulation of banks, a reduction in the level of inequality betwe...
Homeowners Fight New Bank Bailouts
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One of America's biggest banks may be getting another government bailout. This week it was revealed that the New York Fed struck a secret deal with Bank of America over its toxic mortgages. The deal spares the banki...
Feed The Rich [Occupy Wall Street Bailout PSA Spoof]
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- A fake public service announcement spoofing US government bailouts and the Occupy Wall Street movement! Join us on Facebook and Twitter
Breakingviews: Cyprus election indecision is pro-bailout
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Feb. 18 - Cyprus' indecisive elections demonstrate a critical pro-European consensus and a public readiness to accept a bailout.
EU Central Bank rejects Ireland debt proposals
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The European Central Bank has rejected Ireland's proposals to restructure some of the country's huge debts. The government wants to avoid paying tens of billions of dollars over the next decade to underwrite a faile...
AIG considers suing US government after $182 billion bailout
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The insurance giant American International Group received a $182 billion tax payer bailout amidst the financial crisis. Recently, AIG was considering a proposal to sue the US government for charging unfair interest ra...
The Truthseeker: 12 Banks of Death (E5 ft. Jim Rogers)
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A Nobel Laureate tells us chase out the moneylenders, Named and Shamed the 12 giant banks which feed on death, and 'hundreds' who should join Madoff in the slammer. Seek truth from facts with Nobel prizewinner Ed Pres...
Occupy SF March Nov 2011
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Occupy Oakland and occupy Cal joins with occupy SF in November 2011 to protest tuition increase in Berkeley and the bank bailout. This protest led to an impromptu occupying of the Bank Of America in SF.
Smoothing risk to taxpayers
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The way UK companies value their pensions schemes could change after a proposal by George Osborne, the chancellor of the exchequer, to allow the use of historical interest rates. Jane Curtis of the Institute and Facul...
3XSQ: US Treasury to sell last of AIG shares at big profit
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Dec 11 - The US Treasury will sell the last of its remaining AIG shares, rounding off a $182 billion bailout from the financial crisis.
US Morning Call: Global stocks lower on Greek loans
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Nov 26 - Euro zone finance ministers and the International Monetary Fund seek to unfreeze the second bailout package for Greece.
Euro Existential Crisis: ‘Greece governed in Third World fashion’
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Euro-zone finance ministers and the IMF have convened in Brussels to decide the fate of Greece's next bailout payment. Their two previous meetings failed to reach any agreement. Without the bailout cash, Greece is lik...
Bye-bye $105 bn! Taxpayers’ money used to bailout banks gone for good?
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British taxpayers who helped bail out two of the country's biggest banks at the height of the financial crisis may never see the money again. A group of influential MPs have warned that the 66 billion pounds the gover...
OWS metamorphosis: ‘Rolling Jubilee’ surpasses fundraising goal
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On Thursday night, the Occupy Wall Street movement raised thousands of dollars to help bailout the people of America. The telethon which is being proclaimed a success due to the $300 thousand that was raised will be a...
