Topic: Wall Street

Obama hones populist message to push economic agenda

WASHINGTON (Reuters) - President Obama's aides have persistently tried to paint Republicans as the party of the rich, with mixed results.Now, the White House sees signs the message is resonating and Obama will try this week to seize on the momentum to ...

US bank bailout was 'critical': Congress watchdog

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, ...

Treasury urged to complete plans to staff TARP

WASHINGTON (Reuters) - The Treasury may be unprepared to manage the rest of the government's $700 billion financial bailout program if it does not take steps to retain staff, a congressional report said on Wednesday.Although the Troubled Asset Relief Program is winding ...

Alive And Well: Tax Breaks For Billionaires

It's a strange populism that denounces Wall Street in one breath and, in the next, shouts down tax changes that would treat the financiers' incomes like those of everyday folks.. Democrats tried to stand up to pressure from the billionaires' lobby on ...

Alive And Well: Tax Breaks For For Billionaires

It's a strange populism that denounces Wall Street in one breath and, in the next, shouts down tax changes that would treat the financiers' incomes like those of everyday folks.. Democrats tried to stand up to pressure from the billionaires' lobby on ...

Will TARP Fix The Financial System?

These assets, which were held by many Wall Street firms (many of which had 'AAA' ratings upon their issuance), went down in value right along with the value of the real estate market. Making History The events of September 2008 were of ...

Obama State of the Union

Barack Obama addressed a joint session of Congress on the evening of January 27 , 2010 in his first annual State of the Union address. President Obama, currently experiencing some political trouble with a dissatisfied nation and a divided Congress, also spent ...

Taxes and inflation data to dominate week

NEW YORK (Reuters) - Without a boost from Washington policymakers or data showing budding strength in the economy, Wall Street's rally may be running out of fuel as the S&P 500 eases off its 2010 high.A data-heavy week could give investors hard ...

Munis Unchanged With Firmer Tone

The article reports on the performance of the municipal bonds in the U.S. for October 2, 2008. Fred Yosca, managing director and head of trading at BNY Capital Markets, said that the bailout is a necessary condition that has got to happen. ...

JPMorgan to Pay Texas 32M Over ARS Risks

The article reports on the agreement from JPMorgan Chase Co. to pay U.S. 32 million dollar to Texas for its failure to warn customers on the risks of auction-rate securities (ARS), remarks as the largest fines since the collapsed of ARS market ...
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