It’s been a while since we’ve updated you on the Treasury Department’s progress in actually doling out money to banks (and ailing aut … more…
While President Obama worked the Hill yesterday, trying to get support on the now nearly $900 billion stimulus package, the Treasury … more…
Newly confirmed Treasury Secretary Tim Geithner is on the job today. And his first act is to announce new rules to limit lobbyists' c … more…
Bad news for anyone who still thinks the purpose of the Troubled Asset Relief Program was to encourage banks' lending: 10 of the 13 l … more…
The big question these days is whether the government will step in and take over the nation's faltering major banks. Details in the g … more…
In mid-December, Bank of America struck a deal behind closed doors with top U.S. financial officials: BofA could count on all the hel … more…
There's a bit of a disconnect. As soon as today, the Senate will be voting on whether to release the second $350 billion of bailout m … more…
Quick Picks focuses on a select few of the day's stories from "Breaking on the Web."
So what have banks been doing with their … more…Federal Reserve Chairman Ben Bernanke (right) listens to President of the Federal Reserve Bank of New York Timothy Geithner before a … more…
We didn't have to wonder for long whether the Obama administration would tap the second half of the $700 billion bailout bill. (The T … more…
How did billion become the new million? Well, that's the trillion-dollar question. And as the year comes to a close, everyone is look … more…
It seems like a gruesome business: A homeowner is floundering, in real danger of foreclosure. The mortgage mod salesman swoops in and … more…
Early in November, we wrote that HUD’s "Hope for Homeowners" program was struggling to dole out the hope. In its first two weeks, onl … more…
Every week, we take stock of how the week unfolded for the stories we're tracking in Scandal Watch (see the right sidebar). Here is … more…
Should companies keep lobbying when taxpayers are footing the bill?
Citigroup seems to think so.
Its "government relations … more…
The federal government has been generous to AIG. The train wreck of an insurance company has pocketed more than $150 billion in bailo … more…
The taxpayers are on the hook for potentially hundreds of billions of dollars in mortgage losses from Fannie Mae and Freddie Mac beca … more…
It’s hard to overstate the size of Fannie Mae and Freddie Mac’s lobbying machine before they collapsed into government hands. Taken t … more…
It's time for your weekly TARP update! Twenty-seven more banks announced this week that they'd received approval from the Treasury D … more…
Every week, we take stock of how the week unfolded for the stories we're tracking in Scandal Watch (see the right sidebar). Here is … more…
November 16, 2009
Home Builders (You Heard That Right) Get a Gift Gretchen Morgenson, New York Times, November 16, 2009
November 02, 2009
How Goldman Secretly Bet on the U.S. Housing Crash Greg Gordon, McClatchy, November 02, 2009
September 28, 2009
Fed Held Back as Evidence Mounted on Subprime Loan Abuses Binyamin Appelbaum, Washington Post, September 28, 2009
August 06, 2009
Gov’t Mortgage Partners Sued for Abuses Daniel Wagner, AP, August 06, 2009
PIMCO’s New Bailout Hat Raises Conflict Concerns Michael Smallberg, POGO, August 06, 2009
BofA Execs Stayed Mum on Swelling Merrill Losses Dan Fitzpatrick, Wall Street Journal ($), August 06, 2009