Network News

X My Profile
View More Activity
2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Economy Watch Archive: Bailout

AIG sells Asia insurance unit to Brits for $35.5 billion -- biggest taxpayer repayment so far

Here's a nice change: A news story that includes AIG and lots of money but does NOT include executive bonuses. AIG, which is 80 percent owned by U.S. taxpayers after its epic fail nearly brought down the global financial system...

By Frank Ahrens  |  March 1, 2010; 12:24 PM ET  |  Permalink  |  Comments (0)
Categories:  Bailout , Corporations , The Ticker  | Tags: AIG, Prudential P.L.C., bailout  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Adviser: Crisis would have happened even if housing prices had flattened

UPDATED at 2:00 p.m. The Financial Crisis Inquiry Commission -- the government's panel that was set up to figure out, as much as possible, the cause of the financial crisis -- kicked off its much-anticipated hearing this morning, featuring testimony...

By Frank Ahrens  |  January 13, 2010; 2:00 PM ET  |  Permalink  |  Comments (7)
Categories:  Bailout , Congress , Corporations , Housing , The Ticker  | Tags: Bank of America, Brian Moynihan, Financial crisis inquiry commission, Goldman Sachs, J.P. Morgan Chase, John Mack, lloyd blankfein  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Why corporate 'bonuses,' though huge, are more like paychecks

Here's a good story in Monday's Wall Street Journal that breaks down the bonuses set to be paid to executives at big banks, all of which got some form of taxpayer-funded bailout. There has been plenty of outrage over compensation...

By Frank Ahrens  |  January 12, 2010; 3:36 PM ET  |  Permalink  |  Comments (0)
Categories:  Bailout , Corporations , The Ticker , Wall Street  | Tags: bonuses, executive compensation  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

SEC seeking more charges against Bank of America over Merrill deal

The Securities and Exchange Commission is seeking additional charges against Bank of America over its looking-worse-by-the-moment purchase of brokerage Merrill Lynch early last year. These additional charges stem from Bank of America's failure to disclose billions of dollars in mounting...

By Frank Ahrens  |  January 11, 2010; 4:32 PM ET  |  Permalink  |  Comments (12)
Categories:  Bailout , Fed Reserve , Regulation , The Ticker , Wall Street  | Tags: Bank of America, Ben Bernanke, Hank Paulson, Merrill Lynch  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Report: New York Fed told bailed-out AIG to hush payments to banks

This is a story that could have some legs: Bloomberg is reporting that the New York Fed told AIG not to publicly disclose payments it was making -- with taxpayer money -- to other banks. This came during the depths...

By Frank Ahrens  |  January 7, 2010; 1:07 PM ET  |  Permalink  |  Comments (0)
Categories:  Bailout , Corporations , Fed Reserve , The Ticker , Treasury , Wall Street  | Tags: AIG, Bloomberg, Darrell Issa, Goldman Sachs, Tim Geithner  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

 
RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company