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Business News tagged with Bailout

Debtor's Revolt: Woman Refuses To Pay Off Bank Of America Credit Card (VIDEO)
Business  (tags: americans, business, consumers, corporate, corruption, dishonesty, finance, investments, money, ethics, economy, abuse, banks, credit, cards, revolution, bailout, bofa, arrogance, greed, society, debt )

Tom
- 53 days ago - huffingtonpost.com
The credit card industry made a villain of itself this year by benefiting from billions in taxpayer bailout dollars and then thanking taxpayers by raising interest rates and minimum monthly payments, even on their good customers. It's time to fight back!
23 comments
Paul Krugman - Rewarding Bad Actors
Business  (tags: business, economy, investments, corporate, corruption, finance, ethics, investing, money, bailout, investors, wall, street, bonuses, abuse, dishonesty, greed, Goldman, Sachs, Citigroup )

Tom
- 97 days ago - nytimes.com
Americans are angry at Wall Street, and rightly so. First the financial industry plunged us into economic crisis, then it was bailed out at taxpayer expense. And now, with the economy still deeply depressed, the industry is paying itself gigantic bonuses.
5 comments
Credit Card Firms Try End Run Around New Federal Rules
Business  (tags: obama, business, banks, credit, cards, reform, law, corruption, crime, abuse, lies, greed, bailout, americans, dishonesty, government, economy, corporate, ethics, finance, money, politics, investments, consumers )

Tom
- 123 days ago - latimes.com
Banks are quietly changing the terms of millions of credit card accounts as they brace for a tough new law that will limit rate hikes. The law will restrict interest rate hikes unless a card has a variable rate, so banks are doing away with fixed rates.
6 comments
Credit Card Issuers Getting In Their Licks Ahead Of Reform
Business  (tags: obama, business, banks, credit, cards, reform, law, corruption, crime, abuse, lies, greed, bailout, americans, dishonesty, government, economy, corporate, ethics, finance, money, politics, investments, consumers )

Tom
- 129 days ago - huffingtonpost.com
Chase has recently increased the monthly minimum payment on select accounts that have carried balances. Effective August 2009, impacted cardmembers will have their minimum payment increased from 2% to 5% of the statement balance, said a Chase spokeswoman.
18 comments
Crimes Suspected in 20 Bailout Cases -- for Starters
Business  (tags: money, bailout, government, politics, society, finance, economy, dishonesty, corruption, corporate, business, foreclosures, cover-up, debt, abuse, americans, consumers, investing, ethics )

Tom
- 201 days ago - latimes.com
In the first major disclosure of corruption in the $750-billion financial bailout program, federal investigators said Monday they have opened 20 criminal probes into possible securities fraud, tax violations, insider trading and other crimes.
5 comments
Take Action: Extreme Makeover - AIG Edition
Business  (tags: americans, consumers, bailout, aig, economy, business, corruption, dishonesty, corporate, finance, greed, abuse, corruption, ethics, investing, government, money, politics )

Tom
- 233 days ago - thepetitionsite.com
We the people now own 80% of American International Group (AIG) thanks to our nearly $200 billion bailout "bonus." Everyone likes to make a clean start, so what better way to launch our new relationship with AIG than to give our purchase a new name?
9 comments
Renew Auto Industry? Start With Real Health Reform
Business  (tags: business, politics, economy, bailout, healthcare, automakers, auto industry )

Claudia
- 259 days ago - thenation.com
This country's for-profit health care system places an extreme burden on firms that manufacture vehicles in the U.S. How extreme? It is estimated that health care costs add as much as $1,400 to the cost of a car made in an American plant.
4 comments
CEOs Gone Wild: Bailed-Out Wells Fargo Plans Lavish Corporate Getaway to Vegas
Business  (tags: barack obama, ceos, bailout, wells fargo )

Barry
- 275 days ago - alternet.org
What are the President and Congress doing to curb Wall Street greed?
10 comments
Bailed Out Bankers To Be Hauled Before Congress
Business  (tags: Bailout, Banking Crisis, Banks, Barney Frank, Politics News )

Blue
- 279 days ago - huffingtonpost.com
Rep. Barney Frank plans to call the heads of major bailed-out banks to testify before his committee next week, two aides to the House Financial Services Committee chairman said. Go get 'em, Barney!
30 comments
Banker of the Day : TARP
Business  (tags: TARP, bankers, bank failures, DAVOS, CEOs, CDSs, credit derivative sweaps, credit crunch, bonuses, corruption, corporate jets, finance, bailout, stimulus, Bernanke, Bush )

Blue
- 279 days ago - correntewire.com
If atonement is difficult, retribution may prove "brutally difficult" As Sternlicht sees it, "everyone wants a head, and that's not reasonable. To do that, you'd need to take out the top 20 executives at the 300 biggest financial firms." Why not?
4 comments
Banker of the Day : Sky-High Arrogance: Former Citi Citibank CEO Used Corporate Jet For Luxe Family Vacation After $45 Billion B
Business  (tags: Citibank, Citigroup, Sandy Weil, CEOs, bailout, TARP, bank failures, mortgage crisis, bonuses, vacations, corporate jets, overspending, corruption, stockholders, layoffs, investments, foreclosures )

Blue
- 279 days ago - nypost.com
Just weeks after Citigroup averted total collapse with a $45 billion shot in the arm of taxpayer cash, Sandy Weill, 75, hopped aboard the tanking bank's Bombardier BD 700 Global Expres with his wife and daughter, son-in-law nd grandkids .. TO MEXICO!
11 comments
Wall Street: Bracing For Bad News
Business  (tags: stock market, nyse, u.s., financial crisis, obama, americans, business, consumers, corporate, debt, economy, finance, foreclosures, government, humans, investing, investments, investors, news, money, world, bailout, stimulus plan )

SirRobert
- 308 days ago - money.cnn.com
The weeks ahead will prove the true test, as market pros return from holidays to digest a barrage of bad economic news, a smattering of corporate profit warnings, and possibly a new economic stimulus plan.
2 comments
Obama Sketches Out Recovery Plan
Business  (tags: financial crisis, bailout, stimulus plan, u.s., obama, congress, americans, business, consumers, corporate, debt, economy, finance, government, investing, investments, investors, money, society, humans, news )

SirRobert
- 308 days ago - money.cnn.com
The most detailed statement yet from Obama on his economic stimulus plan, sketching out broad based spending proposals and tax incentives aimed at reviving an economy mired in recession.
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Senate Republicans Kill Auto Bailout Bill
Business  (tags: Detroit's Big Three, Bailout, Republicans )

Kristi
- 330 days ago - latimes.com
A last-ditch attempt at compromise fails, increasing the risk of bankruptcy for one of Detroit's Big Three and more turmoil for the overall economy.
8 comments
Government Bailout Hits $8.5 Trillion
Business  (tags: americans, bushadministration, congress, democrats, economy, government, news, obama, politics, republicans, u.s., usa, business, consumers, corporate, debt, finance, foreclosures, investments, money, society, financial crisis, bailout )

SirRobert
- 347 days ago - sfgate.com
The federal government has committed another $800 billion to two new loan programs, bringing the total financial rescue to a staggering $8.5 trillion, which represents approx. 60% of estimated US gross domestic product. These are experimental in nature!
7 comments
 
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