Most Active Articles 2009-11-26T09:24:21.094-05:00 Business Exchange Business_Exchange@businessweek.com urn:com:businessweek:bx:topic:most-active:bailout Henry Blodget hblodget186 urn:com:businessweek:bx:article:732111807719819904-49353d6d59c11e9eeb3fc22221797172 2009-11-19T10:02:28.902-05:00

The Obama administration is poised to extend the life of the highly unpopular $700 billion financial bailout and, to display a commitment to fiscal responsibility, is planning to use much of the leftover funds to reduce the national debt, government sources said.

The Obama administration is poised to extend the life of the highly unpopular $700 billion financial bailout and, to display a commitment to fiscal responsibility, is planning to use much of the leftover funds to reduce the national debt, government sources said. http://www.washingtonpost.com/wp-dyn/content/article/2009/11/18/AR2009111803986.html Henry Blodget hblodget186 35 35 0 0 urn:com:businessweek:bx:article:11763501611706698008-e284251dee9f8f67de9b9160fb71b1e0 2009-11-20T11:29:54.647-05:00

Will we ever know why AIG was bailed out and why its credit default swap counterparties were made whole?

Will we ever know why AIG was bailed out and why its credit default swap counterparties were made whole? http://www.businessinsider.com/the-aig-bailout-is-still-a-mystery-shrouded-in-lies-2009-11 Henry Blodget hblodget186 13 13 0 0 urn:com:businessweek:bx:article:7849504056285001725-c8f65d101c48199ae88393d8522c67c2 2009-11-18T12:43:23.564-05:00

Market commentators and the White House have been quick to blame last year's economic meltdown on a free market run amok. And they've used that false assumption to justify their unprecedented response of government intervention and increased...

Market commentators and the White House have been quick to blame last year's economic meltdown on a free market run amok. And they've used that false assumption to justify their unprecedented response of government intervention and increased... http://www.hedgetracker.com/article/7-Steps-Towards-Real-Free-Market-Capitalism Todd Walker rwienke085 10 9 0 1 urn:com:businessweek:bx:article:17975623028164271554-09f9618b808227c0ab85639776641ff2 2009-11-20T17:51:58.783-05:00

Money does not represent gold, solver, or oil. Money represents human productivity – yours and mine. Goldman Sachs is about to award the greatest ANNUAL payout for its employees – over 700,000 dollars EACH. The words “money” and “productivity”...

Money does not represent gold, solver, or oil. Money represents human productivity – yours and mine. Goldman Sachs is about to award the greatest ANNUAL payout for its employees – over 700,000 dollars EACH. The words “money” and “productivity”... http://www.conversationalcurrency.com/5010/goldman-sachs-bernie-madoff-on-steroids/ Daniel Robles drobles975 0 0 0 0 urn:com:businessweek:bx:article:14524688689947068446-7d7a2cf53bcbd5c070937987cbd9b17f 2008-09-29T09:47:27.545-04:00

What's in this massive bailout Congress wasted the whole weekend negotiating? We wasted our Sunday evening reading all 110 pages to find out.

What's in this massive bailout Congress wasted the whole weekend negotiating? We wasted our Sunday evening reading all 110 pages to find out. http://www.alleyinsider.com/2008/9/analyzing-the-bailout-what-s-in-it-anyway- Henry Blodget hblodget186 1,609 1,584 23 2 urn:com:businessweek:bx:article:9214917622492438839-cd948f5ba2f0567c0d751d4f15a47f06 2009-11-11T09:51:22.224-05:00

[Note: For the proper background on this report, please review this author's previous article, and make sure to ask yourself, "where else does the number 7 appear, through and through?" These measures are being brought forth for the benefit of all of humanity. Is all of this "weird"? You bet, even to yours truly, but the Lord works in mysterious ways, does he not? The Good Faith of mankind shall not be challenged.]

[Note: For the proper background on this report, please review this author's previous article, and make sure to ask yourself, "where else does the number 7 appear, through and through?" These measures are being brought forth for the benefit of all of humanity. Is all of this "weird"? You bet, even to yours truly, but the Lord works in mysterious ways, does he not? The Good Faith of mankind shall not be challenged.] http://www.examiner.com/x-9341-Manhattan-Headlines-Examiner~y2009m11d11-Read-between-the-lines-Lloyd-Blankfein-Mr-Goldman-Sachs-God-is-not-mocked Tim Barello tbarello599 10 10 0 0 urn:com:businessweek:bx:article:251785975734940134-2c66ee5ee6fa8b283eb09566064ddeda 2009-11-10T09:25:16.121-05:00

In a revelation of ironically biblical proportions, Lloyd Blankfein, Chairman and CEO of Goldman Sachs, has told The Sunday Times that he believes he is doing “God’s work”. Others may disagree, but I find that John Arlidge, the credited author of this expose, spells out many tell-tale signs of what we are actually dealing with – pure evil, or Satan’s work, if you will.

In a revelation of ironically biblical proportions, Lloyd Blankfein, Chairman and CEO of Goldman Sachs, has told The Sunday Times that he believes he is doing “God’s work”. Others may disagree, but I find that John Arlidge, the credited author of this expose, spells out many tell-tale signs of what we are actually dealing with – pure evil, or Satan’s work, if you will. http://www.examiner.com/x-9341-Manhattan-Headlines-Examiner~y2009m11d9-Lloyd-Blankfein-and-Goldman-Sachs-are-doing-Satans-work Tim Barello tbarello599 6 6 0 0 urn:com:businessweek:bx:article:3675018027352259398-e6c119cb4c32eb578444d48d9c655345 2008-12-13T12:37:37.367-05:00

Materials designed to explain the economic crisis to teens. As the crisis unfolds, teens are particularly vulnerable: they see their parents frightened, know this will change their lives, but have no grounding to understand why their world has suddenly turned upside down.

Materials designed to explain the economic crisis to teens. As the crisis unfolds, teens are particularly vulnerable: they see their parents frightened, know this will change their lives, but have no grounding to understand why their world has suddenly turned upside down. http://www.thefinancialstorm.us/2008/12/the-presentation.html Bruce Judson bjudson427 459 453 3 3 urn:com:businessweek:bx:article:8743095229103996065-6bac86e6c3974db6563469455089eb4f 2009-10-31T08:00:58.730-04:00

The lifeline extended by Carl Icahn to CIT on Friday may as well be a noose around the neck of taxpayers.

The lifeline extended by Carl Icahn to CIT on Friday may as well be a noose around the neck of taxpayers. http://www.businessinsider.com/cit-bankruptcy-will-deliver-taxpayers-a-23-billion-loss-2009-10 Henry Blodget hblodget186 21 21 0 0 urn:com:businessweek:bx:article:7167309176858857073-40a21dcd6bf5a7df8db7a2f07f579767 2008-09-24T11:17:12.590-04:00

Let's begin with something we all already knew: Warren Buffett isn't timing the market, doesn't think we've hit the bottom and has bought into an investment bank that has suddenly found itself as a part of a small oligopoly of independent financial institutions.

Let's begin with something we all already knew: Warren Buffett isn't timing the market, doesn't think we've hit the bottom and has bought into an investment bank that has suddenly found itself as a part of a small oligopoly of independent financial institutions. http://www.clusterstock.com/2008/9/warren-buffett-bets-on-the-bailout-Goldman-Sachs Henry Blodget hblodget186 499 484 13 2 urn:com:businessweek:bx:article:16797513010951361159-01058fb4eee0048e1060f565381a2416 2009-02-14T20:39:50.547-05:00

NEW YORK (CNNMoney.com) -- The government's $700 billion bailout efforts are well underway. It has committed 70% of the first pile of money -- $250 billion and 40% of a second batch of $100 billion. Still more bailouts are in the air, and Treasury...

NEW YORK (CNNMoney.com) -- The government's $700 billion bailout efforts are well underway. It has committed 70% of the first pile of money -- $250 billion and 40% of a second batch of $100 billion. Still more bailouts are in the air, and Treasury... http://money.cnn.com/2008/11/12/news/economy/where_bailout_stands/index.htm?postversion=2008111212 Maharshi Patel mpatel543 245 245 0 0 urn:com:businessweek:bx:article:4774049541776121782-8259858b7a5eb0539ecc1bca36a1aa28 2009-11-08T12:47:07.247-05:00

As you can imagine, black squirrels are extremely rare; one estimate claims that for every 10,000 squirrels, just one will be black. With a scant population on Long Island, these critters are typically found in larger numbers near Washington, D.C.

As you can imagine, black squirrels are extremely rare; one estimate claims that for every 10,000 squirrels, just one will be black. With a scant population on Long Island, these critters are typically found in larger numbers near Washington, D.C. http://www.examiner.com/x-9341-Manhattan-Headlines-Examiner~y2009m11d8-The-Long-Island-black-squirrel-and-its-lesson-for-DC Tim Barello tbarello599 1 1 0 0 urn:com:businessweek:bx:article:1527397718859600380-d3a4b5eda85a0e53d0466cd2457b4585 2009-10-21T21:27:07.373-04:00

By David Bogoslaw with Ben Steverman, John Cady, and Will Andrews The Faces Behind the Crisis No one gets out of bed in the morning and says: "I think I'll start a financial crisis today." The people who played key roles in the business practices,...

By David Bogoslaw with Ben Steverman, John Cady, and Will Andrews The Faces Behind the Crisis No one gets out of bed in the morning and says: "I think I'll start a financial crisis today." The people who played key roles in the business practices,... http://images.businessweek.com/ss/08/10/1017_financial_crisis/index.htm Sandy McCarron smccarron608 22 22 0 0 urn:com:businessweek:bx:article:14921939445295129934-1c5b6a46dce07a9ab8a033b3678149e6 2009-03-18T15:16:10.698-04:00

Pity the rich. Pity the CEOs. Pity the capitalists. Poor Warren. He’s down to his last $25 billion. And Bill Gates can barely hold his head up;...

Pity the rich. Pity the CEOs. Pity the capitalists. Poor Warren. He’s down to his last $25 billion. And Bill Gates can barely hold his head up;... http://www.contrarianprofits.com/articles/where-the-bailout-money-is-really-going/15079 Contrarian Profits cprofits175 179 179 0 0 urn:com:businessweek:bx:article:8099984857148295611-65f858770e388b25e2ca5214eab17d36 2009-10-27T09:58:40.981-04:00

AIG's former chairman & CEO Maurice Greenberg is raiding his old shop to build his new venture, C.V. Starr - or AIG 2, as insurance industry insiders are calling it.

AIG's former chairman & CEO Maurice Greenberg is raiding his old shop to build his new venture, C.V. Starr - or AIG 2, as insurance industry insiders are calling it. http://www.nytimes.com/2009/10/27/business/27aig.html Shirley Brady sbrady224 9 8 0 1 urn:com:businessweek:bx:article:13281512417120844011-cc2e98b897874a26c4f0db2b639d8bd5 2009-03-24T07:56:30.459-04:00

As the Obama Administration's plans to lift toxic assets off bank balance sheets took form, speculation swirled over whether private-sector investors could be enticed to take part. Now another question is looming: Will the banks participate?

As the Obama Administration's plans to lift toxic assets off bank balance sheets took form, speculation swirled over whether private-sector investors could be enticed to take part. Now another question is looming: Will the banks participate? http://www.businessweek.com/bwdaily/dnflash/content/mar2009/db20090323_101082.htm Shirley Brady sbrady224 161 161 0 0 urn:com:businessweek:bx:article:13535813220156661593-414df4ca64e9edaab2b65952c54a7960 2009-10-20T14:23:13.239-04:00

The lead headline, in the upper right-hand corner, said: “U.S. Deficit Rises to $1.4 Trillion; Biggest Since ’45.” The headline next to it said: “Bailout Helps Revive Banks, And Bonuses.” We’ve spent the last few decades shoveling money at the rich...

The lead headline, in the upper right-hand corner, said: “U.S. Deficit Rises to $1.4 Trillion; Biggest Since ’45.” The headline next to it said: “Bailout Helps Revive Banks, And Bonuses.” We’ve spent the last few decades shoveling money at the rich... http://www.nytimes.com/2009/10/20/opinion/20herbert.html?_r=2&ref=opinion Sandy McCarron smccarron608 6 5 0 1 urn:com:businessweek:bx:article:17012354155356887813-0a1e842694bc23c91e31a9cd5ed3ab6a 2008-12-12T11:37:00.157-05:00

In the wake of the collapsed auto bailout bill, factory workers at GM, Chrysler and Ford will be asked to make more sacrifices as the shrunken United Auto Workers union offers new concessions.

In the wake of the collapsed auto bailout bill, factory workers at GM, Chrysler and Ford will be asked to make more sacrifices as the shrunken United Auto Workers union offers new concessions. http://www.reuters.com/article/newsOne/idUSTRE4BB04B20081212 Shirley Brady sbrady224 198 196 1 1 urn:com:businessweek:bx:article:8813419575784723296-cd70a9a71f01853b54fa141ae0aceb7b 2008-12-19T14:22:56.268-05:00

Reduce wages and benefits to market levels? Outrageous! No wonder the UAW has already run to Obama to whine that George "Free Market" Bush hasn't spent enough taxpayer money saving them.

Reduce wages and benefits to market levels? Outrageous! No wonder the UAW has already run to Obama to whine that George "Free Market" Bush hasn't spent enough taxpayer money saving them. http://clusterstock.alleyinsider.com/2008/12/uaw-already-complaining-to-obama-about-gm-bailout Henry Blodget hblodget186 165 161 4 0 urn:com:businessweek:bx:article:17601347547667137877-51186086b9e4fc8076cd506416b1935f 2009-04-27T02:52:00.000-04:00

Programs to support private lending purchases of toxic assets and backing SBA loans. Also sets aside funds to backstop potential losses to government from purchases of mortgage-backed securities and other securities backed by consumer loans.

Programs to support private lending purchases of toxic assets and backing SBA loans. Also sets aside funds to backstop potential losses to government from purchases of mortgage-backed securities and other securities backed by consumer loans. http://c.moreover.com/click/here.pl?r1946029691&f=9791 92 92 0 0 urn:com:businessweek:bx:article:688104154169559103-82af953c1220d557f6c3f7913c8b2c2b 2009-10-21T11:10:59.635-04:00

Alan Greenspan, Lawrence Summers and Robert Rubin "We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission...

Alan Greenspan, Lawrence Summers and Robert Rubin "We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission... http://www.pbs.org/wgbh/pages/frontline/warning/etc/synopsis.html Sandy McCarron smccarron608 5 4 0 1 urn:com:businessweek:bx:article:12599350240273577913-5c09d6e160d5333d2aa1b30e0e2cab8f 2008-09-29T09:51:48.310-04:00

Why the government had to do something and why it won't work.

Why the government had to do something and why it won't work. http://www.clusterstock.com/2008/9/yes-but-will-the-bailout-work-nope-says-analyst Henry Blodget hblodget186 210 200 9 1 urn:com:businessweek:bx:article:11525613573084523665-0d97477297cb74135e88a5581560e20f 2009-10-21T15:39:40.221-04:00

Responding to the growing furor over the paychecks of executives at companies that received billions of dollars in federal bailouts, the Obama administration will order the companies that received the most aid to deeply slash the compensation to their highest paid executives.

Responding to the growing furor over the paychecks of executives at companies that received billions of dollars in federal bailouts, the Obama administration will order the companies that received the most aid to deeply slash the compensation to their highest paid executives. http://www.nytimes.com/2009/10/22/business/22pay.html?ref=business Henry Blodget hblodget186 8 8 0 0 urn:com:businessweek:bx:article:1774710099345246823-571969b35feb25c4807cf74230581a33 2009-10-29T12:22:16.891-04:00

Unemployment is creeping. Markets are whirling. And there is still the matter of how to remake Wall Street. So when Treasury Secretary Timothy F. Geithner cozied up in a maroon leather chair at the Securities Industry and Financial Markets Association’s conference on Tuesday afternoon, it seemed the first question thrown his way might pertain to the high-stakes world he inhabits.

Unemployment is creeping. Markets are whirling. And there is still the matter of how to remake Wall Street. So when Treasury Secretary Timothy F. Geithner cozied up in a maroon leather chair at the Securities Industry and Financial Markets Association’s conference on Tuesday afternoon, it seemed the first question thrown his way might pertain to the high-stakes world he inhabits. http://dealbook.blogs.nytimes.com/2009/10/27/for-geithner-the-wrinkles-arent-just-in-finance/?ref=business Henry Blodget hblodget186 0 0 0 0 urn:com:businessweek:bx:article:16941495686969308740-db14395add8c763426e6bbea9b18631b 2008-12-22T00:34:23.177-05:00

$1.6 billion of your tax dollars went straight to bailed-out bank execs--as compensation for running their firms and the financial system straight into the ground. And thank goodness for that. Without your tax money, they might have been forced to throw up their hands in disgust.

$1.6 billion of your tax dollars went straight to bailed-out bank execs--as compensation for running their firms and the financial system straight into the ground. And thank goodness for that. Without your tax money, they might have been forced to throw up their hands in disgust. http://clusterstock.alleyinsider.com/2008/12/16-billion-of-your-tax-dollars-straight-to-bailed-out-bank-execs Bruce Judson bjudson427 108 104 3 1