The collapse of Silicon Valley Bank (SVB)—the second largest bank failure in nominal terms in US history—and the ongoing turbulence in the banking system, raising … The bailout of Silicon Valley BankRead more
Bailout
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The Silicon Valley Bank Bailout
There is a standard tale of politics where conservatives want to leave things to the market, whereas the left want a big role for government. … The Silicon Valley Bank BailoutRead more
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How the Coronavirus Bailout Repeats 2008’s Fraud
In 2008, the first of the once-in-a-lifetime economic calamities of most of our lifetimes engulfed the country and the world. Now, just over a decade … How the Coronavirus Bailout Repeats 2008’s FraudRead more
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World’s largest asset management firm and Fed’s Wall Street bailout
The close collaboration between the US Treasury, the Federal Reserve and the multi-billion dollar asset management firm Blackrock in devising the March 2020 rescue operation … World’s largest asset management firm and Fed’s Wall Street bailoutRead more
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They could end the pandemic at the touch of the button
[youtube https://www.youtube.com/watch?v=0o2uRDrurko&rel=0&feature=relmfu] yanis varoufakis
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Fossil Fuel Companies Got $8.2 Billion in Tax Bailouts—Then Fired Over 58,000 Workers
Bolstering arguments against providing further public benefits to the fossil fuel industry, a BailoutWatch analysis published Friday reveals that 77 companies got a collective $8.24 … Fossil Fuel Companies Got $8.2 Billion in Tax Bailouts—Then Fired Over 58,000 WorkersRead more