Archive for March, 2011

Communicate better – Washington Monthly


Washington Monthly
Communicate better
Washington Monthly
Sum up briefly how your policies saved America from a second great depression—and at minimal net cost to the taxpayer. Mention that the TARP has been almost fully repaid and that the US auto industry is back on its feet. Then move on fast: America

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TARP moves into the black as some loans are repaid – Washington Post


France24
TARP moves into the black as some loans are repaid
Washington Post
for Financial Stability, said on Capitol Hill this week. “Its most significant legacy is that it, combined with other government actions, helped save our economy from a catastrophic collapse and may have helped prevent a second Great Depression.”
US claims profit on bank bailout programAFP
Treasury Says Financial Rescues Will Turn ProfitNASDAQ
On His Last Day, TARP Watchdog to Warn of Risks From Big FirmsWall Street Journal
IMarketnews.com
all 387 news articles »

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US claims profit on bank bailout program – AFP


France24
US claims profit on bank bailout program
AFP
The goal was "to help stop a financial panic and prevent a second Great Depression," the Treasury said Wednesday. But it sparked a nationwide debate that continues to resound over whether public funds should be used to rescue private businesses,
On His Last Day, TARP Watchdog to Warn of Risks From Big FirmsWall Street Journal
Treasury Says Financial Rescues Will Turn ProfitNASDAQ
Text:US Tsy: TARP Bnk Prgms Recover $251BV Orgnl $245B InvstIMarketnews.com

all 158 news articles »

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Testimony by Acting Assistant Secretary for the Office of Financial Stability … – LoanSafe

Testimony by Acting Assistant Secretary for the Office of Financial Stability
LoanSafe
Its most significant legacy is that it, combined with a variety of other government actions, helped save our economy from a catastrophic collapse, and may have helped prevent a second Great Depression. And while more work remains to be done,

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On His Last Day, TARP Watchdog to Warn of Risks From Big Firms – Wall Street Journal

On His Last Day, TARP Watchdog to Warn of Risks From Big Firms
Wall Street Journal
"Its most significant legacy is that it, combined with a variety of other government actions, helped save our economy from a catastrophic collapse and may have helped prevent a second Great Depression." Mr. Massad also stressed TARP did so at a

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FOMC 2011 Voting Members: The Hawks and Doves – International Business Times


International Business Times
FOMC 2011 Voting Members: The Hawks and Doves
International Business Times
When he presided over the Fed during the financial crisis, analysts speculated that he erred on the side of too much stimulus in his determination to not cause a second Great Depression. -Yellen is dovish. She is concerned about the weakness of the

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Robert Samuelson, TARP Fanboy – American Spectator (blog)

Robert Samuelson, TARP Fanboy
American Spectator (blog)
Bush Treasury secretary Hank Paulson got Washington to believe that unless they passed his specific plan, there would be a second Great Depression, but if you think about it almost any plan whatsoever would be justified by that logic.

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Understanding The Recent Rise In Correlations And Turning It To Your Advantage – Forbes (blog)


Forbes (blog)
Understanding The Recent Rise In Correlations And Turning It To Your Advantage
Forbes (blog)
To avoid a second Great Depression, governments worldwide asserted themselves aggressively into vast segments of the private sector, including the banking, finance, housing, insurance, and auto industries. In the future, government involvement in the

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Startup Job Creation: Why This Recession Was Different – BNET (blog)

Startup Job Creation: Why This Recession Was Different
BNET (blog)
That may not seem all that surprising (after all, we were bracing for what many economists were calling a “second Great Depression”), but now we have a clearer picture on just how much startups and new firms put the brakes on hiring: Job creation among

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Effect of federal stimulus plays into midterm election – Appleton Post Crescent

Effect of federal stimulus plays into midterm election
Appleton Post Crescent
John McCain's presidential campaign, thinks the country would have slipped into a second Great Depression had the stimulus act not been passed. "No one can know for sure what the world would look like today if policymakers had not acted as they did,"

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