Month: January 2010

The 2010 State of the Union Address will be given by United States President Barack Obama on January 27, 2010, to a joint session of

I am watching the Congressional testimony about AIG. It’s a parade of people lying to themselves and to you. My expectation is that you will

Today the House Committee on Oversight and Government Reform held hearings on: “The Federal Bailout of AIG” to examine the Federal response to the collapse

By Tyler Durden Zero Hedge discussed a month ago the disastrous prospects of what would happen if the new proposal contemplated by the SEC, which

By Ryan Grim A Republican senator said Tuesday that documents showing Federal Reserve Board Chairman Ben Bernake covered up the fact that his staff recommended

By Gretchen Morgenson and Louise Story Weeks after rescuing the American International Group with an $85 billion taxpayer loan in late 2008, Federal Reserve Board

By Rob Kirby According to the most recent data from the U.S. Office of the Comptroller of the Currency, the notional value of derivatives held

“My grandmother was not a highly educated woman, but she told me as a small child to quit feeding stray animals. You know why? Because