Posted by
matttbastard on Mar 22, 2009 in
Economy |
2 comments
On today’s episode of Fareed Zakaria GPS, an ‘expert panel’ was convened to discuss ‘populist’ outrage in the wake of AIG and other recent scandals related to the global economic crisis. Via email, I bet Sarah a dinner at IHOP (because we be keepin’ it real like that in this economy) that the ‘expert panel’...
Posted by
tas on Feb 17, 2009 in
Business,
Economy |
4 comments
Let’s nationalize GM, first. General Motors Corp. and Chrysler LLC told the federal government they need at least $21.6 billion more combined in bailout loans to put them on the road to recovery, and outlined possible scenarios if either auto maker should have to file for bankruptcy protection....
And who’s winning? Let’s get straight to the point: instead of using TARP/bailout money to make loans and get the economy humming again, Banks are reportedly hoarding money to beef up their balance sheets, using TARP funds to pay out dividends and bonuses, or buying up smaller, sicker...