Posted on February 12th, 2009 by Pamela Leavey
Via Josh Marshall at TPM:
The Times has a piece in tomorrow’s paper coalescing the growing number of experts who believe that many of the big banks are insolvent and that — whatever you want to call it — the government is going to have to step in and really resolve the crisis, through some process [...]
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Filed under: Credit Crisis, Economic News, Economy, In The News, Pamela Leavey, Political News, Wall Street
Posted on February 10th, 2009 by Pamela Leavey
Treasury Secretary Timothy Geithner will be unveiling the Obama administration’s new bailout plan this morning. The plan is said to be a “three-pronged rescue program,” that is meant to “ease the credit crunch, including a public-private initiative to take bad assets off of banks’ balance sheets,” and provide ”mortgage loan and foreclosure relief and a new consumer lending [...]
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Filed under: Credit Crisis, Democrats, Economic News, Economy, In The News, Jobs, Obama Administration, Pamela Leavey, Political News, Politics, President Barack Obama, Republicans, Wall Street
Posted on December 8th, 2008 by Walter Brasch
by Walter Brasch
Congress should bend over, dig into the public coffers once again, and give the auto industry everything it wants—even though 61 percent of Americans oppose a bailout, according to a CNN/Opinion Research poll.
A couple of weeks ago, CEOs from GM, Ford, and Chrysler, known collectively as the Big 3, revved up their corporate [...]
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Filed under: In The News
Posted on September 30th, 2008 by Pamela Leavey
John Kerry had at it with Bill O’Reilly on The Factor last night (h/t News Hounds) on the issue of the economic crisis. Watch it here:
This afternoon, Kerry held a press conference to outline the urgency of passing comprehensive economic legislation to avoid the collapse of Wall Street from hitting families and business across the [...]
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Filed under: Congress, Credit Crisis, Democrats, Economic News, Economy, Fox News, House of Reps, In The News, John Kerry, Pamela Leavey, Political News, Politics, Republicans, Senate, Small Business, Wall Street
Posted on September 22nd, 2008 by Pamela Leavey
I spent the weekend preparing for my move cross country, which I have been alluding to here for a while. I will finally be posting about it later this week. What I can tell readers now, is that the planned move has arisen out of the financial crisis our country is in.
As I noted here [...]
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Filed under: ABC News, Bush Admin, Congress, Consumers, Corporatism, Corruption, Credit Crisis, Democrats, Economic News, Economy, Election '08, George W. Bush, House of Reps, In The News, John McCain '08, N.Y. Times, Opinions, Pamela Leavey, Paul Krugman, Political News, Politics, Presidential Election, Republicans, Senate, Small Business, WaPo, Wall Street
Posted on September 15th, 2005 by Pamela Leavey
Summary of the Snowe-Kerry-Vitter-Landrieu Small Business Hurricane Katrina Disaster Relief Amendment (S.Amdt. 1717)
Changes to original Kerry-Landrieu proposal in parentheses
Deferred Payments on SBA Disaster Loans: Disaster loan borrowers –homeowners or businesses — would have a one-year period after receiving a disaster loan before they would need to begin making interest and principal payments on [...]
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Filed under: In The News
