Quantcast
Home » Topics » bank bailout

CNN anchor mocks ‘Occupy Wall Street’ protesters over TARP

CNN anchor Erin Burnett mocked the “Occupy Wall Street” protest during the “Seriously!?” segment of her show, which debuted on Monday. “What are they protesting?” she asked of the demonstration. “Nobody seems to know.” Burnett noted it was not “just a bunch of hippies protesting” and then played footage of…

US bank bailout was ‘critical’: Congress watchdog

WASHINGTON (AFP) – The US government’s multi-billion-dollar bank bailout helped avert a second Great Depression and cost taxpayers much less than expected, but was far from perfect, a congressional watchdog said Wednesday. The Congressional Oversight Panel said the controversial $700 billion dollar bailout, launched in 2008, provided “critical” support for…

New GOP chairman of Oversight Committee plans hundreds of hearings into executive branch; ’7 a week, 40 weeks a year’

Representative Darrell Issa (R-CA), the next chairman of the House Oversight and Government Reform Committee, is planning to massively expand investigations into the executive branch. Issa plans to hold hundreds of hearings, create new subcommittees, and launch investigations into the bank bailout, the stimulus, and health care reform, according to…

Cost of US bank bailout less than 50 billion: White House

The White House said Thursday the cost of the 700-billion-dollar bank bailout launched at the height of the financial crisis was much lower than expected, at under 50 billion dollars. Treasury Secretary Timothy Geithner informed President Barack Obama of the revised figure during his daily economic briefing, White House spokesman…

Google+