Tag Archives: bailout

First, the Bad News……

Posted on March 1, 2013 by Arlen Grossman

BPR Quote of the Day: “So what exactly did the bailout accomplish? It built a banking system that discriminates against community banks, makes Too Big to Fail banks even Too Bigger to Failier, increases risk, discourages sound business lending and … Continue reading →

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Perpetual Ponzi Scheme

Posted on January 12, 2013 by Arlen Grossman

SECRETS AND LIES OF THE BAILOUT The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme. And the worst may be yet to come By Matt Taibbi/ … Continue reading →

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The Fed and Its Friends

Posted on July 29, 2012 by Arlen Grossman

A new book by Neil Barofsky, former Inspector General of the TARP program criticizes President Obama, Treasury Secretary Tim Geithner, and federal regulators for working in the interests of Wall Street at the expense of distressed homeowners and the public. … Continue reading →

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Shh, Don’t Tell Greece, Italy, Spain or the U.S.

Posted on November 22, 2011 by Arlen Grossman

How to Handle a Financial Crisis Like Iceland By Barry Ritholtz   The Big Picture / May 14, 2011 I have long been in the Swedish camp when it comes to food (meatballs with lingonberries) women (tall blondes) and financial crises … Continue reading →

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