Treasury Secretary Henry Paulson, Federal Reserve Chair Ben Bernanke repeatedly clashed with almost every senator on the committee, all of whom focused on Wall Street’s … Bailout: Comments from some US SenatorsRead more
Financial crisis
Posted inEconomics / Financial crisis / Politics / USA Empire
Hurting America, even bin Laden could ever dream of
It’s being described as the largest government intervention in private markets since the Great Depression. The Bush administration has asked Congress to swiftly approve a … Hurting America, even bin Laden could ever dream ofRead more
Posted inEconomics / Financial crisis / Politics / USA Empire
Bailout of AIG with $85 Billion
The US government has seized control of insurance giant AIG, American International Group, in an unprecedented $85 billion bailout. The move to lend AIG up … Bailout of AIG with $85 BillionRead more