Ah, revenge is sweet. The Associated Press is reporting this morning the Obama administration is proposing to levy fees on bailed out banks to help lower the deficit. I know I’m not happy about the “seven to eight” figure executive bonuses projected to be given to bailed out bankers this quarter. (For those of you [...]
Entries Tagged as 'TARP'
Obama Proposes New Fees for Bailout Banks
January 12th, 2010 · 1 Comment · Banking, Consumer Info
Tags: bailout·bank fees·banks·compensation packages·costs to consumers·deficit·levy fees·Obama administration·TARP·Taxes
Government Aid Programs Proposed to Stabilize the Real Estate Market
January 14th, 2009 · No Comments · Mortgages, Real Estate
Many members of Congress, not to mention those of us living on Main Street, are disappointed in the management-to-date of the funds earmarked for the Troubled Asset Relief Program. The 700 billion dollar bailout– now commonly known as TARP — has already had the first half of the funds committed, primarily to injections of capital [...]
Tags: Foreclosures·government aid·housing crisis·Mortgages·Real Estate·TARP
