Showing posts with label $700 billion dollar bailout. Show all posts
Showing posts with label $700 billion dollar bailout. Show all posts

Thursday, November 03, 2011

Wall Street Bankers Not Jailed, But Forced To Pay Investors

Occupy wall street protestors are protesting many things, among them are the bailout of the wall street banks by the government after causing the housing collapse in the United States and serving no jail time for it.
According to Wikipedia, The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions to strengthen its financial sector that was signed into law by U.S. President George W. Bush, on October 3, 2008. It was a component of the government's measures in 2008 to address the subprime mortgage crises. Read More...
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Tuesday, November 18, 2008

Making Sense Of The Volatile Financial Markets

A Commentary

In recent days we had a market crash, saw the federal
government infuse a promise of $700 billion dollars in
the financial markets and then days later experienced
the largest one day stock market gain in history. Then
the market oscillated way up and way down for days after.
Any bad news about the economy seems to have sent the
financial markets in a tailspin. Any talk from a financial
specialist or the President also seems to send the markets
into a tailspin.
READ MORE...