Here Comes Trouble: Stories from My Life

"Outstanding…Moore Triumphs! Publishers Weekly

Articles tagged with: “tarp”

Page 1 of 3 Last

April 29th, 2010

Elizabeth Warren, World's #2 Most Influential Thinker

You'd think a soft-spoken, straight-shooting woman who grew up in a small town on the Great Plains would not want anything to do with a thankless high-profile government position overseeing the $700 billion taxpayer bailout of the U.S. financial industry. If you were like me and grew up in Independence, ... continue reading

April 22nd, 2010

Banks receiving government aid cut loans

Banks that received federal assistance during the financial crisis reduced lending more aggressively and gave bigger pay raises to employees than institutions that didn't get aid, a USA TODAY/American University review found.The reduction of credit during the worst of the recession raises questions about whether the $247 billion assistance program ... continue reading

April 20th, 2010

Goldman earns $3.3B in 1Q as fraud case looms

NEW YORK — Goldman Sachs reaffirmed its leadership among Wall Street banks as it reported its first-quarter profits doubled. But the news was overshadowed by the investment bank's growing legal problems.As Goldman Sachs Group Inc. executives held conference calls with banking industry analysts and reporters Tuesday, the questions focused more ... continue reading

March 26th, 2010

Bank of America, Wells Fargo probably won't pay income tax for 2009

This tax season will be kind to Bank of America and Wells Fargo: It appears that neither bank will have to pay federal income taxes for 2009. Bank of America probably won't pay federal taxes because it lost money in the U.S. for the year. Wells Fargo was profitable, but ... continue reading

March 9th, 2010

Goldman Sachs sued by big pension fund over pay

(Reuters) - Goldman Sachs Group Inc was sued on Monday by a large union pension fund that accused the Wall Street investment bank of overpaying its executives.The International Brotherhood of Electric Workers fund filed the lawsuit in Delaware Chancery Court, seeking to recover money for the company on behalf of ... continue reading

January 27th, 2010

Obama on financial reform: Fee on big banks, consumer protection

Obama promised financial reform in his State of the Union, saying he wanted a fee on the biggest banks to recover the rest of the bailout money and would veto any reform bill that didn't meet his standards. He said consumers should "have the information they need to make financial ... continue reading

January 27th, 2010

Group demands banks give up bonuses to fill state budget gap

Hundreds of sign-toting members of Iowa Citizens for Community Improvement (CCI) stormed the lobbies of two downtown Des Moines banks Tuesday afternoon, temporarily halting business activities to demand the banks give up their employee bonuses to help pare down Iowa’s projected $1 billion budget shortfall.While customers and bank employees looked ... continue reading

Hugh Espey

Hugh Espey is the Executive Director of Iowa Citizens for Community Improvement.

January 25th, 2010

The Big Banks Broke Our Economy – Now They Need to Fix It!

We invite you to join us Tuesday, Jan. 26 as we take our message of Enough is Enough! – Put the People First! to the doorsteps of Wells Fargo – one of the big banks that crashed our economy and state budgets. We will demand they change the way they ... continue reading

January 24th, 2010

The woman Democrats need

ON THE day after Tuesday’s electoral loss, the Obama administration brought an unfamiliar face to the White House - Elizabeth Warren, the Harvard Law professor noted for her staunch advocacy on behalf the middle class and fierce criticism of the bank bailouts. Perhaps the administration will take a more aggressive ... continue reading

January 14th, 2010

Why Obama Must Take On Wall Street

It has been more than a year since all hell broke loose on Wall Street and, remarkably, almost nothing has been done to prevent all hell from breaking loose again.In fact, close your eyes and you could be back in the wilds of 2007. Bankers are still making wild bets, ... continue reading

January 14th, 2010

Obama tells banks: 'We want our money back'

WASHINGTON – President Barack Obama said Thursday he wants to tax banks to recoup the public bailout of foundering firms at the height of the financial crisis. "We want our money back," he said.In a brief appearance with advisers at the White House, Obama branded the latest round of bank ... continue reading

January 6th, 2010

Chris Dodd to step aside

Embattled Connecticut Sen. Chris Dodd (D) has scheduled a press conference at his home in Connecticut Wednesday at which he is expected to announce he will not seek re-election, according to sources familiar with his plans.Dodd's retirement comes after months of speculation about his political future, and amid faltering polling ... continue reading

December 23rd, 2009

AIG executives' promises to return bonuses have gone largely unfulfilled

When word spread earlier this year that American International Group had paid more than $165 million in retention bonuses at the division that had precipitated the company's downfall, outrage erupted, with employees getting death threats and President Obama urging that every legal avenue be pursued to block the payments.New York ... continue reading

December 17th, 2009

The Watchdog: Elizabeth Warren

There are many ways to become our Bostonian of the Year. You could be one of the nation’s preeminent bankruptcy scholars, and a tenured professor of law at Harvard University, and a talking head for Frontline specials and Michael Moore’s latest documentary, and a leading voice decrying the human cost ... continue reading

December 15th, 2009

Obama calls on banks to ramp up lending

President Obama exhorted the nation's biggest banks on Monday to make "extraordinary" efforts to increase lending, even as some of those firms are racing to distance themselves from government control. The nation's most powerful bankers sat in the Roosevelt Room at the White House and nodded as the president spoke, ... continue reading

Dean Baker

Co-Director, CEPR

December 11th, 2009

The Return of the TARP Hostage Takers

When Congress debated the TARP last fall, the political elites insisted that the bill must be passed immediately or the economy would collapse. For example, Federal Reserve Board President Ben Bernanke told Congress that the commercial paper market was shutting down, which meant that the country's largest companies would soon ... continue reading

November 23rd, 2009

IMF warns second bailout would 'threaten democracy'

The public will not bail out the financial services sector for a second time if another global crisis blows up in four or five years time, the managing-director of the International Monetary Fund warned this morning. Dominique Strauss-Kahn told the CBI annual conference of business leaders that another huge call ... continue reading

November 17th, 2009

One year later, gov't can't track TARP

CHARLOTTE, NC (WBTV) - One year ago, America's biggest banks were failing. And the government was more than willing to bail them out.We now know it as TARP.But at the time it was called the "Healthy Banks Program."Wheel barrows full of cash - billions of taxpayer dollars - were spent ... continue reading

November 16th, 2009

Your choice - the film or the fundraiser?

I saw Michael Moore's new film Capitalism - A Love Story last week and readers of this blog won't be surprised I'm giving it a five-star rating.It's in the same style as his previous films Bowling for Columbine and Sicko as he picks apart the economic crisis and the greatest ... continue reading

November 14th, 2009

'America's Mayor' Calls for a Moratorium on Home Foreclosures

Thursday, November 12th, on MSNBC's 'The Ed Show,' Virg Bernero, Mayor of Lansing, Michigan, calls for a moratorium on home foreclosures:ED SCHULTZ, MSNBC HOST: I know the housing market is still not stable for a lot of Americans. What -- have we done enough there? What would you do if ... continue reading

Dylan Ratigan

Host, Dylan Ratigan Show

November 12th, 2009

Veterans: Lip Service, Bankers: Billions & America: Foreclosures - Here’s The Fix

One thing about doing a two hour show that heavily covers both the financial crisis and the wars in Iraq and Afghanistan is that you notice on a daily basis the shocking juxtaposition between the lucky Wall Streeters and the unlucky soldiers. We all know at this point that our ... continue reading

November 12th, 2009

Report: AIG CEO ready to quit over pay constraints

NEW YORK — After just three months as head of embattled insurer American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal with heavy government oversight and restrictions on what the bailed-out company can pay employees, according to a published report.Citing unnamed people familiar ... continue reading

November 2nd, 2009

TARP on Steroids

I recall that September day like it was yesterday—the explosion so stunning, so memorable. It wasn’t 9/11/01, it was 9/29/08—a moment when a rare blast of populist democracy briefly singed the economic terrorists who hold the Capitol hostage. It had been a dark and stormy month of financial collapse, culminating ... continue reading

October 31st, 2009

The Pillage People

It’s as if last year’s meltdown—causing a $16 trillion bailout of the financial industry, the doubling of America’s unemployment rate and the loss of 2 million manufacturing jobs in 2008—had never taken place. Two of the five biggest investment banks, Bear Stearns and Lehman Brothers, have bitten the dust, but ... continue reading

Donna Smith

Single-Payer Advocate

October 28th, 2009

TARP-Loving Joe Loves Bailing Out Banks but Not Providing Healthcare

Are we to believe Senator Joe Lieberman objects to a public health insurance plan because he's a raging believer in the free market or in protecting taxpayers funds? That's just not true Joe. You're a TARP-lover, aren't you? Come on, tell the truth.Joe loved voting for the Troubled Asset Relief ... continue reading

Page 1 of 3 Last

FBI Uncovers Al-Qaeda Plot To Just Sit Back And Enjoy Collapse Of United States www.theonion.com WASHINGTON—The FBI announced today that it has uncovered a...

Apr 15th
3:28 PM
Read More

Revealed: Rahm Emanuel's top donor bought stock in Marriott just before it was awarded huge contract pando.com As schools are closed and pensions cut,...

Apr 9th
2:00 PM
Read More

I'll be at First Time Fest today in New York City at the screening of my first film, Roger & Me. Loews Village 7 at 12:30 pm. Come see it on the big...

Apr 5th
9:48 AM
Read More

Revealed: Rahm Emanuel cuts public pensions, diverts money to benefit campaign donors pando.com If you've read the financial news out of Chicago the last...

Apr 4th
2:19 PM
Read More

Please take a moment today to think of Casey Austin Sheehan, son of Cindy and Patrick, who was murdered by U.S. foreign policy in Sadr City, Baghdad ten years...

Apr 4th
2:00 PM
Read More

ICYMI - I've joined this "thunderclap" to support the Connecticut legislators who voted yes on last year's Act Concerning Gun Violence...

Apr 3rd
7:38 PM
Read More

I've joined this "thunderclap" to support the Connecticut legislators who voted yes on last year's Act Concerning Gun Violence Prevention...

Apr 2nd
8:27 PM
Read More

I am opposed to the death penalty, but to every rule there is usually an exception, and in this case I hope the criminals at General Motors will be arrested...

Apr 1st
3:55 PM
Read More

How Long Some in the US Will Survive Under New Health Law ...by Donna Smith www.michaelmoore.com Those who must access care to live and can afford it are not...

Mar 31st
10:13 PM
Read More

Last night, The Good Wife on the East Coast started 40 minutes late due to the overrun of the NCAA basketball game. If you had your DVR set for the show, you...

Mar 24th
5:41 PM
Read More

Watching films today, looking for the ones I'm going to pick for my film festival this summer. I (and a whole bunch of others!) have this thing we put on...

Mar 23rd
4:48 PM
Read More

When the U.S. Health Care System Keeps Killing, Who Cares Enough to Fight? ...by Donna Smith www.michaelmoore.com We have largely forgotten that people are at...

Mar 21st
5:56 PM
Read More

Tell the White House not to give up on Dr. Vivek Murthy's nomination as Surgeon General despite the ferocious opposition from the NRA: Don't give...

Mar 21st
5:38 PM
Read More

This criminal would never see a jail cell, nor would his cronies. In fact, they'd later be rewarded with re-election: Presidential Address on War with...

Mar 19th
9:40 PM
Read More

The crime of the century -- our invasion & slaughter in Iraq -- started 11 years ago tonite in this 7pm (ET) hour, March 19th, 2003: CNN Coverage of...

Mar 19th
9:08 PM
Read More

Washington’s Back-to-the-Future Military Policies in Africa ...by Nick Turse www.michaelmoore.com Nick Turse is an award-winning journalist, historian,...

Mar 17th
4:59 PM
Read More

"I think democracy is the most revolutionary thing in the world." -- Tony Benn, 1925-2014 Tony Benn in 'Sicko'

Mar 14th
10:07 AM
Read More

RIP Tony Benn, one of the UK's greatest leaders: Tony Benn, veteran Labour politician, dies aged 88 www.theguardian.com Former cabinet minister died at...

Mar 14th
9:53 AM
Read More

Please read this important story from K. Ford K.: Am I the Face of the New American Middle Class? www.huffingtonpost.com I began to feel I had slipped so low...

Mar 13th
2:24 PM
Read More

Yesterday Dianne Feinstein revealed that the CIA has been spying on the Senate Intelligence Committee. This is all about the report the committee has produced...

Mar 12th
6:48 PM
Read More

Health Care for All Colorado has brought Mercy Killers, a show written and performed by Michael Milligan about our murderous for-profit healthcare system, to...

Mar 10th
1:08 PM
Read More

Health Care Dramas that Sting and Why We Have to Watch ...by Donna Smith www.michaelmoore.com The realities Milligan has written into the show cut deep into...

Mar 10th
1:02 PM
Read More

Did you know the Lehrer Newshour on PBS has been produced for 20 years by a company owned by conservative cable billionaire John Malone? Me neither. After...

Mar 7th
8:39 PM
Read More

Mr. Obama, if int’l law is so damn crucial . . . | RootsAction.org act.rootsaction.org The Russian intervention deserves criticism. But let’s be clear. The...

Mar 6th
1:21 PM
Read More

Enron billionaire John Arnold thinks everyone should believe him when he says we've got to cut pensions because he's so incredibly rich: John...

Mar 5th
4:20 PM
Read More

More in David Sirota's continuing series on the billionaire takeover of PBS: More PBS conflict woes as activists move to eject David Koch from board of...

Mar 3rd
12:35 PM
Read More

Ukraine: One ‘Regime Change’ Too Many? ...by Ray McGovern www.michaelmoore.com Is “regime change” in Ukraine the bridge too far for the neoconservative...

Mar 2nd
9:25 PM
Read More

Latest from David Sirota on Enron billionaire John Arnold smuggling anti-pension propaganda into "neutral" institutions like PBS and now, the...

Mar 1st
12:58 PM
Read More

Second Guessing a Life: US Health Care System Robs Security and Human Dignity ...by Donna Smith michaelmoore.com The dysfunction of the US health care system...

Feb 27th
1:40 PM
Read More

Subscribe to Mike's Blog RSS

Click here to suggest an article

Mike's Blog

See More Blogs

Vew the archives

View older articles