BY David Hungerford | Newark, NJ | 1/04/13
Another mortgage ‘settlement’ between the government and 14 Wall Street banks is being pulled out of the hat.
BY Masao Suzuki | San José, CA | 6/11/12
On June 9, Spain and the European Union made an agreement to bail out Spain’s troubled banking sector.
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!”
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.
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.
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.
BY Adam Price | United States | 11/02/08
Yes, I haven’t heard, much less said “capitalist pig” for more than 30 years.
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.
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.
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.