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Bloomberg Report Shows TARP Profits Top Treasury Bond Returns

(Oct. 20) -- Returns on the Troubled Asset Relief Program used to bail out the financial industry, better known as TARP, generated higher profits for taxpayers than 30-year Treasury bonds, according to a Bloomberg report. The government earned $25.2 billion on its investment of $309 billion in the financial sector, which...

Another 'Hindenburg Omen' Sighted? Not So Fast ...

(Aug. 20) -- Say it isn't so! A week after the obscure technical analysis indicator known as the "Hindenburg Omen" sent chills of fear of another stock market crash throughout the financial blogosphere, and just a couple of days since others began debunking it, the stock market took another turn for the worse, and low and...

Treasury Dept.'s Pay Czar Tries to Shame Wall Street

(July 23) -- Pay czar Kenneth Feinberg must feel something like a biblical prophet, except that his job in the Obama administration is more difficult. Ancient sages warned people to do the right thing or face the wrath of the Lord. Feinberg, however, has to bring shame to Wall Street, which is home to many people who don't...

Obama Interview: 'I Expect to Be Held Accountable'

(July 16) -- President Barack Obama said "nobody in the White House is satisfied with where we are right now" in the still sluggish economy, but he exuded confidence that when voters go to the polls in November they will face "a choice between the policies that got us into this mess and my policies that are getting us out...

Long-Fought Wall Street Reform Bill Goes to Obama

(July 15) -- Senate Democrats today muscled through a far-reaching overhaul of Wall Street rules and oversight that sent the government's most ambitious effort to prevent future financial crises to the White House for President Barack Obama's signature. Capping more than a year of legislative fights, fierce lobbying from...

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06/03/12 After the Storm: A Checklist for Insurance Claims Source: Silver Spring Patch - Silver Spring MD Strong storms swept across the state Friday.
06/03/12 Coles to take on big car insurers Source: The Australian Using data from the Australian Bureau of Statistics and its own consumer research, Coles has calculated that Australians are paying at least $305 million more than they need to for car insurance, with Sydney and Melbourne drivers hit the hardest.
06/03/12 $96m for SES could cut premiums Source: The Daily Telegraph - Australia Commissioner Murray Kear said the $96 million worth of funding in the upcoming state budget would let the service move away from its reliance on insurance levies for income and make it a "master of its own destiny".
06/03/12 Council of Ministers / Statement [Oman News Agency] Source: TMCnet (Oman News Agency Via Acquire Media NewsEdge) Muscat, June 2 (ONA) ---The Council of Minister today issued the following statement about the outcomes of its meetings during May 2012.
06/03/12 Small businesses say no to health care tax credit Source: Daily Herald - Arlington Heights IL NEW YORK When Josh King heard that small businesses could get a tax credit for offering health insurance to employees, his reaction was, cool, thatll save us some money.