Treasury Department Secretary Hank Paulson is always careful to describe his department's activities as investments rather than spend … more…
Treasury Secretary Hank Paulson is "debating" returning to Congress to ask for a second helping of bailout money, reports the Wall St … more…
In the past two and a half months since Treasury Department Secretary Hank Paulson first proposed TARP, the massive program to buy tr … more…
There are plenty of examples of missed opportunities by regulators to pre-empt or at least dull the impact of the current financial c … more…
Yesterday’s announcement that the government will push another $800 billion into the imploding financial system has brought the taxpa … more…
We wrote a couple of weeks ago about how the federal government’s program to help homeowners avoid foreclosure is flopping. The gover … more…
It might strike you as problematic that a regulator be sought after by big business. But to the Office of Thrift Supervision (OTS), i … more…
It's tough keeping up with the bailout: the alphabet soup of last-ditch government programs and growing list of companies saved from … 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 h … more…
Even as the Dow flirts with the 7,000s, not everyone is suffering. The Wall Street Journal today looks at CEOs in companies directly … more…
The South Financial Group, South Carolina's largest bank, announced earlier this week that it had been approved to receive $347 milli … more…
In its first two weeks of existence, the Federal Housing Authority’s HOPE for Homeowners program, meant to help as many as 400,000 ho … more…
This morning, Treasury Secretary Henry Paulson announced that the bailout may be expanded to include credit card companies and auto a … more…
When Treasury Secretary Hank Paulson went to Congress in September, he had a clear focus for the $700 billion: the Treasury would buy … more…
This morning, the government unveiled its latest move: upping the AIG bailout to $150 billion.
There were some strings attached, in … 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 h … more…
We’ve been hearing for weeks about how the Treasury Department is on the cusp of dramatically widening its current bailout program. F … more…
It’s time for our Bailout Watch update of the day. Today we’ve added four banks, including a big one, Minneapolis-based U.S. Bank, fo … more…
By our count, 35 banks have now signed up for the government’s capital injection plan – that’s an investment of $163.4 billion in fed … more…
It seems just about every week we hear about more money the government is funneling to insurance giant AIG. Today’s Wall Street Journ … more…
November 16, 2009
Home Builders (You Heard That Right) Get a Gift Gretchen Morgenson, New York Times, November 16, 2009
November 02, 2009
How Goldman Secretly Bet on the U.S. Housing Crash Greg Gordon, McClatchy, November 02, 2009
September 28, 2009
Fed Held Back as Evidence Mounted on Subprime Loan Abuses Binyamin Appelbaum, Washington Post, September 28, 2009
August 06, 2009
Gov’t Mortgage Partners Sued for Abuses Daniel Wagner, AP, August 06, 2009
PIMCO’s New Bailout Hat Raises Conflict Concerns Michael Smallberg, POGO, August 06, 2009
BofA Execs Stayed Mum on Swelling Merrill Losses Dan Fitzpatrick, Wall Street Journal ($), August 06, 2009