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  1. Liz Warren Is WINNING the Internet

    Say what you will about Liz Warren, she knows how to give the feckless bank regulators hell on camera. It's kinda funny that a Senate hearing is blowing up on YouTube, but here we are. It's hilarious how not one bank regulator can cite a single ...

    160 comments - 0 silver bananas - Feb 20 2013 - 7:45am -

  2. Someone Finally Goes to Jail Behind TARP

    Ever since the crisis arose in 2008, a familiar lament has been how there is no real accountability and no one has gone to prison for tanking the economy. And it's true; by the standards of the S&L crisis- where hundreds of bankers went to prison ...

    14 comments - 0 silver bananas - Dec 10 2013 - 7:52am -

  3. Troubled Assets Relief Program Summary, 2008 TARP Legislation Guide

        The Guide to Understanding TARP Want to impress your colleagues and interviewers with how much you know about this $700 Billion (and counting) behemoth of legislation? Curious where all your tax dollars are going? Then this troubled assets re ...

    0 comments - silver bananas - Jan 9 2014 - 8:51am -

  4. The Carlyle IPO: Long Time Coming

    For a company with close to $100 billion AUM and a legacy which spanned Wall Street's most profitable decades, Carlyle is flying mighty low beneath the radar these days. After several false starts, the Carlyle IPO seems back on track and set for a Q3 ...

    11 comments - 0 silver bananas - Jun 13 2011 - 12:45pm -

  5. Too Big to Fail Movie Review

          Just a forum to post what you thought of the movie. I thought it was pretty good.. Investment Banking Morgan Stanley Goldman Sachs Bank of America TARP JP Morgan financial crisis Merill Lynch too big to fail ...

    29 comments - 0 silver bananas - May 24 2011 - 8:09pm -

  6. White House Slashes Pay for TARP Recipients

    The 7 companies who received the largest amount of TARP assistance have been ordered to cut the salaries of their top 25 employees by an average of 90% from last year. Their all-in pay will be reduced by an average of 50% from last year. The cuts affect C ...

    10 comments - 0 silver bananas - Oct 21 2009 - 5:44pm -

  7. R.I.P...TARP

    The Troubled Asset Relief Program. Let's take a deep breath and discuss, calmly. As our work week begins on Monday, the most controversial and highest impact piece of legislation of our recent times, will come to an end. Top financial regulators met ...

    8 comments - 0 silver bananas - Oct 2 2010 - 12:26pm -

  8. Our very own Den of Thieves

    Den of Thieves is required reading from Wall Street Lit 101. Over the years, the term has become synonymous with the greed and villainy Wall Street either inspires in or extracts from people (depending on your perspective). A new den of thieves has emerge ...

    8 comments - 0 silver bananas - Sep 29 2010 - 11:41am -

  9. Will Andrew Hall ultimately pocket the $100 million bonus he is contractually owed?

          Yes 62% (133 votes) No 38% (81 votes) Total votes: 214 Citi TARP bonus ...

    5 comments - silver bananas - Aug 4 2009 - 11:38am -

  10. Banks Not Allowed to Repay TARP

    In an interesting piece in the Urinal today, Stuart Varney alleges that banks are being pressured into NOT repaying TARP money, because the Obama administration wants to maintain control: http://online.wsj.com/article/SB123879833094588163... Prominent ban ...

    18 comments - 0 silver bananas - Apr 4 2009 - 6:47pm -

  11. What's going on with full-time TARP hiring of foreigners?

          Just wondering if anyone at the TARP banks (Citi, BoA, etc) know whether non US citizens will be considered during full time hiring this year. I know there were issues with the non- US citizen Summer Analysts hired into Citi this year ...

    14 comments - 0 silver bananas - Jul 30 2009 - 6:24pm -

  12. Elizabeth Warren: America Without a Middle Class

    Elizabeth Warren, the Leo Gottlieb Professor of Law at Harvard and Chairperson of the Congressional Oversight Panel on TARP, is convinced America's middle class is disappearing and outlines her case on the matter here. After reading her piece, I was ...

    7 comments - 0 silver bananas - Dec 4 2009 - 12:35pm -

  13. Bernanke Calls Paulson a Liar

    In what is becoming a major case of he said, she said, Fed Chairman Ben Bernanke today denied reports that he bullied Bank of America CEO Ken Lewis into the ill-advised purchase of Merrill Lynch: http://news.yahoo.com/s/ap/us_bernanke This is interesting ...

    11 comments - 0 silver bananas - Jun 25 2009 - 11:24am -

  14. bb tarp

    the banksx paid back the tarp money with interest. That isn't a bailout that's an invesment. waterloomonkey's blog       TARP Blog ...

    5 comments - 0 silver bananas - Oct 23 2011 - 2:04pm -

  15. McCain Backpedals on Bailout

    Pander much? Sen. John McCain (R-AZ) is apparently having second thoughts about the way he threw his weight behind the Wall Street bailout in 2008. Facing a tough re-election bid, he is claiming that he was "misled" by everyone and their brother ...

    5 comments - 0 silver bananas - Feb 23 2010 - 6:09am -

  16. Your Questions About TARP

    Attention Primates: I'm currently working on the WSO Guide to Understanding TARP, and I've come to the audience participation portion of our program. So that I can make the guide more useful to you, I want to assemble a list of the questions you ...

    8 comments - 0 silver bananas - Feb 26 2009 - 5:02am -

  17. Did Deutsche Bank Take Tarp?

          And if Yes, have they paid it back? Was just wondering and unsure where to find the answer to this.. Investment Banking db TARP Deutsch Bank TARP Bailout ...

    9 comments - 0 silver bananas - Mar 16 2010 - 11:07am -

  18. Private Jets with Taxpayer $$$

          for Congress!!!! Probably won't happen, but God I hope the pitchforks come out for this. These people are such hypocrites. http://online.wsj.com/article/SB124960404730212955... TARP Congress jets ...

    10 comments - 0 silver bananas - Aug 7 2009 - 10:00am -

  19. Iberia Bank Repays TARP Money

    Iberia Bank of Louisiana became the first bank to repay their TARP money, with interest. Unwilling to operate with a government monkey on their back, Iberia repaid the $90 million in TARP funds plus $575,000 in interest: http://money.cnn.com/2009/02/27/ne ...

    7 comments - 0 silver bananas - Mar 2 2009 - 6:53am -

  20. Confessions of a TARP Wife

    Here is an article that appears in the May issue of Portfolio magazine, written by the anonymous wife of the CEO of a TARP bank: http://www.portfolio.com/executives/2009/04/21/ Confessions-of-a-Bailout-CEO-Wife?page=1#page=1 She laments the need to have B ...

    6 comments - 0 silver bananas - May 10 2009 - 9:08am -

  21. Fed Forced to Disclose Weak Banks

    A federal appeals court has sided with a lower court ruling forcing the Federal Reserve to disclose the names of banks that would have collapsed had they not been bailed out. The Fed has obstructed this required disclosure every step of the way, citing co ...

    4 comments - 0 silver bananas - Mar 22 2010 - 8:31am -

  22. Blankfein Takes the Reins of Goldman Spin Machine

    I love how he acts surprised that the American taxpayer might have a little something to say after the biggest government handout in the nation's history. Edmundo Braverman's blog       Goldman Sachs TARP blankfein Blog ...

    4 comments - 0 silver bananas - Nov 2 2009 - 3:38am -

  23. Buffett trumps TARP

    To almost no one's surprise, the Oracle of Omaha Warren Buffett managed to strike a better deal for Goldman Sachs than the Treasury did. For half the investment Hank Paulson made, Buffett managed to garner 4 times the equity for his shareholders than ...

    5 comments - 0 silver bananas - Jan 9 2009 - 6:30am -

  24. Now TARP can be repaid....whats next for international student

          Hey everyone, Just curious, since now all the bulge brackets are allowed to repay the TARP money, do you think they will be able to sponsor visa for international students again?? Thank you for your input TARP ...

    6 comments - 0 silver bananas - Jun 11 2009 - 10:19pm -

  25. What Is The Troubled Asset Relief Program (TARP)?

    The TARP- or Troubled Asset Relief Program- was a government action in 2008 aimed at stabilizing the financial markets and US banks. The program was pioneered by Treasury Secretary Henry Paulson after the collapse of Lehman Brothers and AIG and the near c ...

    0 comments - silver bananas - Apr 23 2012 - 9:45am -

  26. Hall to Pocket $100 Million?

    This could get interesting. It is being reported that Andrew J. Hall, head of Citi 's Philbro energy unit, is in line to receive a $100 million bonus for being the only ray of sunshine on Citi 's otherwise abysmal balance sheet: http://apnews.my ...

    4 comments - 0 silver bananas - Jul 27 2009 - 3:53am -

  27. PPIP Participants Chosen

    Today the Treasury announced the 9 firms that were chosen to manage the Public-Private Investment Program (PPIP), funded to buy toxic assets from the banks. The firms were chosen out of over 100 that expressed an interest. http://www.google.com/hostednews ...

    4 comments - 0 silver bananas - Jul 9 2009 - 11:31am -

  28. Financial Crisis 2007/2008 Overview

    Recommended Reading List The Big Short Liar's Poker Too Big To Fail ...

    0 comments - silver bananas - Feb 3 2012 - 2:59pm -

  29. NYTimes Articles on Wall Street's Direction

    An interesting article in today's NY Times about how banks have deviated from their core mission of lending money to productive industries and services and how activity inside investment banks (particular the trading floors) has taken very much a dai ...

    4 comments - 0 silver bananas - Oct 4 2010 - 12:33am -

  30. Neil Barofsky: TARP = "a colossal failure"

    In this succinct yet striking article, Neil M. Barofsky, the special inspector general for TARP from 2008 until today shares his perspective on the bank bailout. He calls it a failure. I've added about half of the article here, read the whole thing t ...

    3 comments - 0 silver bananas - Mar 30 2011 - 8:21am -

  31. Pay for Performance 2009 Passes House

          The Pay For Performance Bill passed the House on April 2nd. For those of you that are kind of confused of the implications, this is a very serious issue. http://www.housingwire.com/2009/04/02/pay-for-perf... As a side note, I urge eve ...

    4 comments - 0 silver bananas - Apr 5 2009 - 9:59pm -

  32. It's a Sad Day for TARP- Barofsky Resigns from IG of SIGTARP

    Well, for those of you that haven't already read the news, Neil Barofsky, Inspector General of SIGTARP is stepping down. I've enclosed the resignation letter for all to see, as it's an interesting read, particularly when you consider that B ...

    3 comments - 0 silver bananas - Feb 14 2011 - 5:29pm -

  33. Roubini Weighs In on Stress Tests

    In case you haven't seen it yet, here is another excellent analysis on the current situation by Nouriel Roubini, particularly as it relates to the stress test results about to be released: http://online.wsj.com/article/SB124147831175584985... As usua ...

    3 comments - 0 silver bananas - May 5 2009 - 9:35am -

  34. Whoop-Di-Doo!!

          I just saw this: http://money.cnn.com/news/newsfeeds/articles/djf50... Apparently, TARP assets have fallen over 30% in value since they were first bought. I'm so thrilled my 401(k) isn't the only thing getting crushed by thi ...

    2 comments - 0 silver bananas - Feb 6 2009 - 12:06am -

  35. Absorbing Losses

          What exactly happens when the government says it will "absorb" BAC's losses? I would think they simply pay BAC book value for a troubled asset so that BAC loses/gains nothing on the transaction. Alternatively, can they ...

    2 comments - 0 silver bananas - Jan 16 2009 - 11:27am -

  36. Let Stupid Banks Fail

    It's not often you get two guys from opposite ends of the political spectrum to agree on anything these days. But that very thing occurred this weekend when Obama's chief economic adviser Larry Summers and Clusterstock's Henry Blodget agree ...

    1 comment - 0 silver bananas - Sep 21 2009 - 4:27am -

  37. TARP = Financial Roach Motel?

    So there's plenty in the news about executive compensation on Wall Street these days. Most of it centers around whether or not Andrew Hall will receive all he is owed, and if so, in what form it will be paid to him. As recently as yesterday, Citi flo ...

    0 comments - 0 silver bananas - Aug 18 2009 - 7:52am -

  38. TALF Shell Game?

    In a report due later today, Inspector General Neil Barofsky (pictured here) excoriates the Treasury department for a failure to implement recommendations that would limit the fraud potential inherent in TARP, and warns that some of the incentives include ...

    0 comments - 0 silver bananas - Apr 21 2009 - 6:05pm -

  39. TARP Redux: Back to Bad Assets

    In what may be a vindication of Hank Paulson's original vision of buying up toxic assets instead of injecting capital into the banks, Tim Geithner just wrapped up a Senate hearing discussing the mechanics of it. It would be a shame to think that all ...

    0 comments - 0 silver bananas - Mar 13 2009 - 7:20am -

  40. TARP Straight Talk from a Dem...

    I have to give credit where credit is due. Here is Rep. Paul Kanjorski (D, Pa) giving a pretty salient explanation of what happened in September of last year that ultimately led to TARP: http://www.youtube.com/watch?hl=en&v=_NMu1mFao3w&g... While ...

    0 comments - 0 silver bananas - Feb 10 2009 - 12:55pm -

  41. Tracking The Bailout Money Like A Delicious Trail Of Breadcrumbs

          If you're like me, you may have a tough time keeping track of all the finite details in the $700 Billion Financial Bailout Package, aka "It's A TARP!". Don't wait to get called out at a fancy downtown dinner p ...

    0 comments - 0 silver bananas - Dec 11 2008 - 8:05am -

  42. Non-Bailout Banks To Suffer?

          A strange phenomenon has been occurring centering around the clamor for banks applying to be included in the most recent TARP bailout. At first banks were sold off and discredited when they announced they would apply for the bailout, ...

    0 comments - 0 silver bananas - Nov 17 2008 - 6:30pm -

  43. TARP / MRI Implications

    Hey Folks, What are your thoughts on the proposed Trouble Asset Relief Program (TARP) that Hank Paulson continually is banging on the table this past weekend? The chief concern of most people (including myself) are the necessary oversight measures that wi ...

    1 comment - 0 silver bananas - Sep 21 2008 - 10:07pm -

  44. webcomic sluggy predicted the bailout in '01

          one of my favorite pastimes: a webcomic called sluggy freelance. the characters are loveable, plots are cool, humor is great... just ran across an old strip from 01 that predicts the bailout (unknowingly). http://www.sluggy.com/comics ...

    1 comment - 0 silver bananas - Mar 1 2010 - 3:25pm -

  45. TARP Guide Sample Chapter

    ONE BACKGROUND On September 11, 2008, seven years to the day since the terrorist attacks on the World Trade Center and the Pentagon, America found herself under attack again. This attack was nonviolent, and went undetected by the vast majority of the coun ...

    0 comments - 0 silver bananas - Jun 8 2009 - 5:46pm -

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