Windfall State Support News Today : Breaking News, Live Updates & Top Stories | Vimarsana

On the big, bad federal government and the revolving door between the federal government and wall street turns again. meanwhile, across the pond, british regulators launching a formal investigation into goldman, they say a direct effect of the s.e.c. lawsuit. and back here at home, democrats saying the s.e.c. hasn't gone far enough. congressman peter defazio and elijah cummings analyzing a criminal investigation of goldman and there are indications that this could happen as early as this week. all of the news breaking on the same day that goldman reported record first quarter earnings, $3.46 b...

Statistics like the dow over 11,000. that is all true and that's honestly a good thing. i'm not critical of that by any stretch. i take issue with how we're getting there because i believe the use of the trillions implicit and explicit to the banks and their windfall state support are beneficial for now but not beneficial for a long time. also things that are noted again good, jobs up 162,000 in march except one-third of those obviously temporary for the census but even with that said, 110,000 jobs will take them better than anything we've seen in a long time. i'm not going to be critical of t...

Interview this morning, geithner also asserted that without president obama's bailout, we would be much worse off. yes, he attributed it directly to the current president, even though it actually occurred under the previous president, president bush. now president obama clearly guilty of perpetuating it. that aside, geithner praised obama for deciding to quote fix the situation, even though he knew forking billions over to banks wouldn't be popular. here's a choice he could have made. claw-backs for the ceo for the compensation for the executives that were taking the risks, knowing they were n...

Bonuses passed out last year on wall street after receiving a -- and they still received this, a $27.7 trillion windfall state support. well, there's been an effort to create a windfalls tax. if you make a small fortune of the largess of the taxpayer, while a portion of that benefit ought to go back to the taxpayer. however, it hit a road block in the senate today. democratic senators jim webb of virginia and barbara boxer of california had introduced the most recent windfall profits tax legislation. the plan very similar to what you've seen out of the uk and other countries who have already d...

Latest updates on this topic from reliable sources.