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By PUMA Pundit on June 3, 2009
A quick summary of events thus far: Banks were forced to take TARP Money Banks which took TARP money subjected themselves to far reaching govt control As a result, the nine major banks were effectively nationalized. Some argued that banks have only themselves to blame for taking TARP money as they knew the consequences. However, [...]
Posted in Uncategorized | Tagged bank of america, Bank of New York, barack obama, citigroup, george w. bush, goldman sachs, henry paulson, Jamie Dimon, John Mack, John Thain, JP Morgan, Kenneth Lewis, Lloyd Blankfein, Merrill Lynch, Morgan Stanley, Richard Kovacevich, Robert Kelly, Ronald Logue, State Street Bank, tarp, timothy geithner, Troubled Asset Relief Program, vikram pandit, wells fargo |
By PUMA Pundit on February 5, 2009
Ethics in govt? No lobbyists in the administration? Right… Seems Obama has found himself another winner. Do I smell another lobbyist waiver coming up? For the record, I personally don’t care that Panetta was a lobbyist, afterall that is the name of the game in DC. What I do care about is the fact that [...]
Posted in White House | Tagged barack obama, carlyle group, Central Intelligence Agency, cia, educap inc, Fleishman Hillard, Internal Revenue Service, leon panetta, lobbying, lobbyist, Merrill Lynch, pacific maritime association, wells fargo |
By PUMA Pundit on January 25, 2009
A who’s who of those who got us to where we are economically… Guardian UK Former Federal Reserve chairman Alan Greenspan, who backed sub-prime lending. Only a couple of years ago the long-serving chairman of the Fed, a committed free marketeer who had steered the US economy through crises ranging from the 1987 stockmarket collapse [...]
Posted in Featured | Tagged Abi Cohen, Adam Applegarth, AIG Financial Products, Alan Greenspan, andrew lahde, andy hornby, Angelo Mozilo, Bear Stearns, Bill Clinton, Christopher Dodd, Chuck Prince, community reinvestment act, Countrywide Financial, dick fuld, fred goodwin, Geir Haarde, george soros, george w. bush, Glass-Steagall Act, gordon brown, Hank" Greenberg, Jimmy Cayne, john paulson, John Tiner, Joseph Cassano, kathleen corbet, Lewis Ranieri, Matthew Tannin, meredith whitney, Merrill Lynch, Mervyn King, nouriel roubini, Phil Gramm, Ralph Cioffi, Stan O'Neal, stephen eismann, steve crawshaw, The American public, warren buffet |
