The Financial Bailout Fiasco

Richard SalsmanNear the end of nearly every bear market and banking crisis in modern times typically comes what might be called

By KEN THOMAS and TOM KRISHER

WASHINGTON -- The Treasury's bailout plan is fueling a long-simmering war between financial institutions, prompting fears among small banks that big banks getting rescue money will be encouraged to bu

I am changing my name to Chrysler
I am going down to Washington D.C.
I will tell some power broker
What they did for Iacocca
Will be perfectly acceptable to me
I am changing my name to Chrysler

As stock markets headed off a cliff again last week, closely followed by currencies, and as meltdown threatened entire countries such as Hungary and Iceland, one voice was in demand above all others t

Credit Default SwapsThe reality is that neither the plan put forth by U.S. Treasury Secretary Henry M. "Hank" Paulson Jr.

Martin HutchinsonThe U.S. economy is entering a recession.

Oct. 20 (Bloomberg) -- Federal Reserve Chairman Ben S.

Can you get "a little" pregnant? Then how can a bank be "partially" nationalized?Henry Paulson

Why hasn't the vast support given to the US financial system from cutting interest rates to promising to pay $700 billion for toxic assets managed to stem the problem so far?

GOP presidential candidate John McCain proposed a massive $300 bailout for struggling homeowners, on top of the $300 billion Dodd-Frank legislation passed by Congress during Tuesday’s presidential deb

Big Fat Bailout
The chickens come home to roost

House First Vote
The US House of Representatives voted twice and the US Senate voted once on the 700 Billion

Unqualified home buyers were not the only ones who benefited from Massachusetts Rep.