Page 9 - Tarp Program News Today

Fund. the federal government should have put the conditions. it is nonsense it is counter factual. we know that tarp program has worked. and billions of dollars. and the auto industry bail out worked. >> that is blaattently lost true. >> no one lost money in general motors. >> we havent made back all of the money on the autobail out but have on tarp. >> unfortunately. >> and it is besides the point of the discussion. it is about the misuse by the states in the settlement money with the banks it ...

the search continues for a missing girl. >> please get somebody over here. >> the 911 tape and fathers calm call to police. the high profile search intensifying. plus this -- >> jpmorgan is one of the best managed banks there is. jamie dimon, the head of it, is one of the smartest bankers we got. >> president obama going on "the view" stressing why its important for wall street to clean itself up. this hour shareholders are getting together in tampa. will they fire their dimon? >> bust...

wired. >> thats okay because theres lots of news this morning. >> up first this morning, heads about to roll. at jp morgan chase. according to bloomberg, the firms entire london staff could be dismissed. the banking giant also expected to accept the resignation of this woman, ina drew. pulling down a salary of over $15 million a year. drew and two other company executives being held accountable for a stunning $2 billion loss. ceo jamie dimon doing damage control on sunday talk shows is...

make facebook worth 100 billion. from a birthday to a blunder. jpmorgan chase taking a bet and losing big time. heads rolling this morning. the ceo saying his bank was sloppy and stupid. manhunt. fbi agents stephen missing in the mountain. bloodhounds sent for the search. "newsweek" calling president obama the first gay president complete with a rainbow colored halo. so we are asking this morning while social issues are in the headlines, why isnt anyone talking about the number one...

Department is out with a new report that taxpayers could break even and see a profit on what is called the tarp bailout of the banking system but a new report from the special inspector general for the bank bailout program at treasury is a sharply-worded report saying not so. taxpayers could actually lose $60 billion on the tarp bailout. treasury has been saying that look it, we have stablized the financial system. we prevented financial collapse and saved a million jobs but the special inspecto...

Far. but tomorrow in a speech he is likely to announce he will let fannie and freddie participate in a treasury department program funded by $20 billion in taxpayer bailout money left over from the tarp program. they could make more money if the under water homeowner avoids bankruptcy. but lower interest payments before allowing fannie and freddie customers to qualify for debt forgiveness so homeowners who are making their payments dont stop paying just to get in on this new deal. >> i think whe...

In their homes but weve learned that not very many of them will qualify according to sources, and taxpayers will be funding those that do. the government regulator of fannie mae and freddie mac is expected to announce as early as tomorrow that the mortgage giants will start allowing limited principal reduction, debt forgiveness, to some homeowners who are under water on their loans. edward demarco, acting administrator of the federal housing finance addings managers, he has resisted allowing deb...

Have an argument about whats stupid, how about his vote for the t.a.r.p. program. which as it was pointed out last week, the most single unpopular, the single most unpopular piece of legislation in recent american history. and charles grassley voted for that. and me as a conservative, i think that was a pretty stupid vote. >> you may not have a conservative friend in the country after that. thank you. >> start asking me about conservatives. youre not asking me. >> like mitt romney, dont make the...

Bailout remains controversial today. mitt romney says he would have allowed the car companies to fail. president obama on the other hand is touting their recovery as a significant achievement for his administration. clinton eastwood, well, he said this in november. quote: im a big hawk on cutting the deficit. i was against the stimulus thing, too. we shouldnt be bailing out the banks and car companies, unquote. thats why i said yesterday that i believe mr. eastwood was doing a pro-america commer...

Including aig, gm, and allied financial. jon, heres the thing. the watchdog is saying that essentially the public perceived that the tarp was going to exit out of basically these invests when bank of america and citigroup stakes were unloaded. but then the public basically did not get the full information from the treasury department essentially that basically the tarp program is continuing, continuing and it could be cemented into the governments permanent architecture of bailouts, quote, for y...