Bailout Articles

Health Insurance: Reimbursement to Cause Bailout?
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Health insurance is taking a mighty turn for the worse after this ill-fated attempt at “affordable care” by the Obama administration. Things are looking very bleak indeed after Thursday’s Moody’s rating downgrade of the outlook for inurance industry from “stable” …

Detroit: “Bailout Would Have Been Better”
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Back in July, Detroit became the largest U.S. city to file for bankruptcy. To help matters, the Obama administration made a pledge this week to send $300 million to Detroit. Considering that Detroit has $18 billion in debt, some residents …

Chrysler Buyout by Fiat No Closer, says Marchionne Chrysler Buyout by Fiat No Closer, says Marchionne
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Since the automotive industry crisis of 2008-10, the auto industry here in the United States has remained fairly successful and competitive. Chrysler was one company in the United States that was able to revive itself and benefit from the bailout …

Talks Surface of a Newspaper Industry Bailout

“You gotta be freakin’ kidding me!”

Countrywide CEO Disgusted By His Customers
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There are lots of rules for being a decent person. None of them apply to banking, as we’ve seen again and again lately. But you’d think a certain level of smarts would accompany the lack of decency required to run a banking institution, and that level of smarts would include an understanding that when your house is on fire, you don’t piss on the firemen.

Interest In Bailout Bill Shuts Down House Web Site
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The U.S. House of Representatives Web site was shut down yesterday along with a number of related sites including the Web sites of House Speaker Nancy Pelosi of California and House Financial Services Committee Chairman Barney Frank of Massachusetts as millions of people went online searching for news about the $700 billion bailout of the financial industry.