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51The Bailout: A Necessary Evil
It’s been more than a year now since the first of the once mighty Wall Street firms started to tumble. One by one names like Lehman Brothers and Bear Stearns that had been around for centuries suddenly...
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61GM Filed Chapter 11 Bankruptcy in Federal Courts
General Motors filed Chapter 11, Section 363 of the Bankruptcy Code and joined Chrysler in the struggle to come out of it within three to four months to a leaner company. President Obama announced...
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77Treasury Department Unclaimed Bonds
The federal government faces a demand for billions in unclaimed bonds dating back to the fundraising efforts of patriotic World War II, leading to a confrontation between the states that say they should...
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76Expansionary or Contractionary? Characterizing the US Fiscal Policy Stance
Characterization of the current US Fiscal Policy Stance: Expansionary or Contractionary To go over the main points of a fiscal policy, a fiscal policy concentrates on government spending, income from taxes,...
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70Social Security: A Depleting Promise
Social Security, known as SSI on your paycheck stub, is the federal program that provides benefits to people who are retired, disabled, and many others who are unable to work to provide...
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58Your Lost Funds
Did you know that every year all 50 states and the District of Columbia put away millions of unclaimed dollars into a special fund? In fact, the total amount of unclaimed funds for all jurisdictions...
0 comments45President Obama and Tim Geithner Bid to Fix the Economy
Barack Obama having secured a nominee for the Commerce Secretary Post is now having problems with nominees stepping down from the Deputy Treasury Secretary post. Can President Barack Obama and Treasury...
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54Global Affairs and Finance for November 12, 2009
Global Affairs and Finance for November 12, 2009 A senior Obama administration official tells MSNBC that the president will reject all of the options that have been presented to him right after U.S....
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65Look Who Has Free Access to Credit Cards
Last week the senate debated new regulations for the credit card industry. Senator David Vitter (R-LA) proposed Amendment #1066 to strengthen the regulations. His amendment would close the loophole that...
18 comments59Obama "Meddling" in New Bank Regulations
With the AIG's irresponsible behavior of giving millions of government bailout money to executives to the hilt of $165 million, President Obama sees it fit to createnew regulations to monitor banks and other...
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