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Realtime Blog
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| Peter Schiff on Toxic Assets |
Peter Schiff, President of Euro Pacific Capital and candidate for US Senate, speaks with Don Harrold about the mainstream media's misdiagnosis of the economy, the damage of toxic assets, and what he'll do as senator to resolve the ...
17 hours, 58 minutes ago Publisher: Bull Source
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| Heidi Montag Speaks Out Against Plastic [Toxic Assets] at HADNEWS.COM |
Gone Postal [Snap Judgment] · Lost: The Complete Clip Reel Of Claire's Cries For Charlie And Aaron [4 8 15 16 23 42] · Team Slytherin [Snap Judgment] · Heidi Montag Speaks Out Against Plastic [Toxic Assets] · Vanity Fair's Oscar ...
17 hours, 18 minutes ago Publisher: HADNEWS.COM
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| Podcast: We Bought A Toxic Asset! | Fuck Bankers |
So we sent Kestenbaum and Joffe-Walt to Kansas City, where a former Wall Street guy named Wit Solberg runs a shop that buys and sells toxic assets. Wit sold them a $1000 sliver of a toxic asset he'd bought for $36000. ...
12 hours, 56 minutes ago Publisher: Fuck Bankers
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| Banks Bounce Despite Toxic Asset Shadow - Investors.com |
Banks and financial institutions led the market rebound Wednesday, despite rising concerns over the threat from lingering "toxic" assets. The congressional oversight committee of the Troubled Asset Relief Program warned earlier this ...
1 week, 6 days ago Publisher: Investor's Business Daily - Investing RSS
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| What Happened with Small Business Lending |
There were many instances in which banks failed to look at cash flow when making loans or buying securities such as those now referred to as toxic assets. For some small business finance programs, a stated income commercial loan ...
2 hours, 57 minutes ago Publisher: Books that can change your life
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| Citigroup shares: No longer toxic? | File-Claim.com |
Fave on Technorati · Subscribe · Tweet This. Topics: Yes, Citigroup lost billions in the financial crisis. And yes, it's still swimming in toxic assets. But Bruce Berkowitz argues the worst is over. Read the full post ...
11 hours, 2 minutes ago Publisher: File-Claim.com
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| Bank Lawyer's Blog: Time To Refloat Pandit's Trial Balloon? |
About a year ago, Citibank CEO Vikram Pandit floated a trial balloon during Congressional testimony that turned out to be made of lead. Pandit suggested that one way to deal with toxic assets on the balance sheets of banks was...
1 day, 6 hours ago Publisher: Bank Lawyer's Blog
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| Austin Live Theatre: Upcoming: Toxic Assets by Steve Tomlinson at ... |
In his new play Toxic Assets, Steven Tomlinson (Managed Care, Curb Appeal, American Fiesta) searches for the origins of the financial crisis in the psyche of an economics professor who becomes obsessed with cleaning up litter. ...
1 week, 6 days ago Publisher: Austin Live Theatre
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Digg.com Recent Comments
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| Mitt Romney's TARP problem |
The former Massachusetts governor and private equity investor supported the $700 billion bank bailout then and he still supports it today, albeit with a host of reservations and qualifications. The problem, of course, is that the Troubled Asset Relief Program is wildly unpopular among GOP. TARP a toxic issue for a GOP candidate in the age of Tea pa
When: 3 days, 4 hours ago Digg user page: michael071 Comments: 0 Diggs: 1 Samepoint Search: michael071
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| Warren Buffett's Bid to Save the Economy --and How It Failed |
In March 2009, the Treasury created PPIP, pledging up to $100 billion to be matched with private money and leveraged into a $1 trillion toxic-asset-eating monster. Buy all the terrible assets, thought went, and we're all set. Economy saved. Buffett's proposal notes that he'd already lined up Goldman Sachs to work on raising $10 billion of equity.
When: 3 days, 18 hours ago Digg user page: liuite Comments: 0 Diggs: 1 Samepoint Search: liuite
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| Brad Miller's Challenge |
Perhaps the primary goal of homeowner assistance all along was just to detoxify the toxic assets on large banks' balance sheets; now that those banks are off of life support, the mortgages themselves don't matter.
When: 1 week, 6 days ago Digg user page: 08soso Comments: 0 Diggs: 2 Samepoint Search: 08soso
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| Bernanke's Big Bank Subsidy | The Beacon |
Essentially, the Fed is using taxpayer money to subsidize banks in an attempt to offset potentially pernicious effects of its bailout. Banks benefit twice: once because the Fed took toxic assets off their hands; once because the Fed is now paying interest on the resulting reserves.
When: 3 weeks, 6 days ago Digg user page: Tax7 Comments: 0 Diggs: 1 Samepoint Search: Tax7
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| How Goldman Offloaded Toxic Assets on Unsuspecting Investors |
A five-month McClatchy investigation reveals how Wall Street colossus Goldman Sachs peddled billions of dollars in shaky securities tied to subprime mortgages on unsuspecting pension funds, insurance companies and other investors when it concluded that the housing bubble would burst.
When: 1 month, 1 week ago Digg user page: dlrider Comments: 0 Diggs: 5 Samepoint Search: dlrider
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News Mentions
Citigroup shares: No longer toxic? Yes, Citigroup lost billions in the financial crisis. And yes, it's still swimming in toxic assets. But Bruce Berkowitz argues the worst is over. |
More US banks collapse as failure count hits 26 SAN FRANCISCO: Regulators shut banks in Maryland, Illinois, Florida and Utah, pushing the number of US failures to 26 this year and placing more pressure on the Federal Deposit Insurance Corp (FDIC) to dispose of a growing pile of toxic assets. The FDIC was unable to find buyers for two banks - Centennial Bank in Ogden, Utah, and Waterfield Bank of Germantown, Maryland, - according to statements ... |
More US banks collapse as failure count hits 26 SAN FRANCISCO: Regulators shut banks in Maryland, Illinois, Florida and Utah, pushing the number of US failures to 26 this year and placing more pressure on the Federal Deposit Insurance Corp (FDIC) to dispose of a growing pile of toxic assets. |
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