- Troubled Assets Relief Program Summary, 2008 TARP Legislation Guide
Guide - WallStreetOasis.com - Jan 9 2014 - 8:51am
- 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- ...
Blog entry - Edmundo Braverman - Dec 10 2013 - 7:52am - 14 comments
- 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 case ...
Blog entry - Edmundo Braverman - Feb 20 2013 - 7:45am - 160 comments
- 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 ...
Page - WallStreetOasis.com - Apr 23 2012 - 8:45am
- Financial Crisis 2007/2008 Overview
Recommended Reading List The Big Short Liar’s Poker Too Big To Fail ...
Page - WallStreetOasis.com - Feb 3 2012 - 2:59pm
- 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 kick ...
Blog entry - Midas Mulligan Magoo - Jun 13 2011 - 11:45am - 11 comments
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 ...
Blog entry - Midas Mulligan Magoo - Oct 2 2010 - 11:26am - 8 comments
- 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 ...
Blog entry - Midas Mulligan Magoo - Sep 29 2010 - 10:41am - 8 comments
- 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 ...
Blog entry - Edmundo Braverman - Dec 4 2009 - 12:35pm - 7 comments
- 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 ...
Blog entry - Edmundo Braverman - Oct 21 2009 - 4:44pm - 10 comments