Thursday February 9, 2012
| Last update: Thursday at 1:05 AM
Protest at Bankers Convention
BY Staff | Chicago, IL | 10/30/09
The American Bankers Association met here the week of Oct. 26, in luxury hotels, spending millions for their comfort. Outside, 2500 working people marched and chanted, “You got bailed out, we got sold out!”
American Bankers Association, Armando Robles, bank bailout, Rosemary Williams
Federal Reserve Cranks Up the Printing Press…Again
BY Adam Price | San Jose, CA | 3/20/09
On March 18, the Federal Reserve announced that it would inject an additional $1.15 trillion into credit markets.
bank bailout, capitalist crisis, the Fed
No More Bank Bailouts! No to Phony ‘Nationalization!’
BY Freedom Road Socialist Organization | United States | 3/18/09
Recently the media has been abuzz with talk of the possible ‘nationalization’ of ailing big banks such as Citigroup.
bank bailout, capitalist crisis, nationalization, Socialism
How Wall Street Rules: Secretive Federal Reserve Lending Tops $1 Trillion
BY Adam Price | San Jose, CA | 11/11/08
Between mid-September when the investment bank Lehman Brothers failed, and the end of October the Federal Reserve quietly lent out more than $1 trillion (one thousand billion) dollars, or almost 40% more than the ‘public’ $700 billion bank bailout.
bank bailout, capitalist crisis, Trillion dollar bailout
"Capitalist Pigs"
BY Adam Price | United States | 11/02/08
Yes, I haven’t heard, much less said “capitalist pig” for more than 30 years.
bank bailout, bonuses, capitalist crisis
The Economy, People’s Struggle and the Election
BY Fight Back! Editors | United States | 10/09/08
One year after the current financial crisis began, the situation has gone from bad to worse.
bank bailout, capitalist crisis, Income disparity, mortgage crisis, Socialism
Billions to Bankers, Nothing to the Unemployed
BY Adam Price | San Jose, CA | 10/06/08
On Friday, Oct. 3, the House of Representatives voted to approve Secretary of Treasury Henry Paulson’s $700 billion bailout plan and then left town to campaign for the election.
bank bailout, crisis of capitalism, Unemployment
Wall Street Bailout takes a hit
BY Mick Kelly | United States | 9/29/08
President Bush and big business were dealt a stunning defeat Monday, Sept. 29, when in a 228 to 205 vote, the House of Representatives rejected the $700 billion bailout bill for Wall Street.
bank bailout, capitalist crisis
No Bailouts for Billionaires!
BY Fight Back! Editors | United States | 9/25/08
President Bush is driving a $700 billion bailout of the billionaires and multi-millionaires who sit atop the largest financial crisis in history.
bank bailout, capitalist crisis, Socialism
Shock and Awe on Wall Street
BY Adam Price | San Jose, CA | 9/21/08
The year-old financial crisis entered a new stage in September as the U.S. financial system suffered its worst setbacks since the Great Depression of the 1930s.
bank bailout, capitalist crisis, recession
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