journalism

Companies that American taxpayers had to bail out with billions of dollars use that money to reward their employees with bonuses.

Below is the latest Bloomberg News video on the Geithner-AIG cover-up. Congressman Darrell Issa (R-CA), who learned by investigation that the NY Fed asked AIG to withhold information about payment to its counterparties, is now asking…

More links are available in the news feed (also available as an RSS feed). Hank Greenberg's Self-Serving, Largely Off-Base Salvo at Goldman - naked capitalism Selling from retail investor will outlast buying from hedge funds - The…

This clip will give you a better indicator of small lenders’ agenda as they met with the President to talk about expanding lending. The only commentary I would note is the desire by the IBCA President to allow the FDIC to keep its…

Hat tip Prieur du Plessis

This was an interview we did early last week. Max is very entertaining to talk to.  Take a look. See Stacy Herbert's summary as well.

The latest WSJ/NBC News poll shows that President Obama’s approval rating has now slipped under 50%. This makes his the steepest first year decline in modern history. Why?  You know what I would say: Obama doesn’t know when to be…

Mark is right that time is not on Chairman Bernanke’s side. If you saw the Ron Paul video earlier today, you can see what’s happening. I don’t have a strong view, although I believe most of the other bloggers are against. Reminder: This…

Here's Jon Stewart on Comedy Central. In this episode, bad weather prevents CEOs of the three biggest financial institutions from attending a meeting with President Obama.