BailOutBill
| 4:15PM 2/04/2009
On Tuesday and Wednesday this week, Bailoutbooth.com was handing out stacks of cash to anyone willing to stand in line at its Times Square cubicle and tell their stories.
"Bailout Bill" listened to the stories and decided on how much cash to dispense. Everyone got something. Most people...
| 5:30PM 11/25/2008
It's almost impossible to get your head around the numbers: $700 billion for "troubled Assets;" $25 billion for the auto industry. $300-some billion to bail out Citigroup.With this last promise, the United States Government has now pledged $7.76 trillion on behalf of American taxpayers to try and...
| 3:45PM 11/21/2008
American International Group, the insurer getting a $152 billion federal bailout, disclosed it will pay approximately $3 million to several executives under deferred compensation plans that will be terminated. These arrangements have come under increased scrutiny as stock holders are questioning...
| 12:00PM 10/18/2008
An article late last week in the San Diego Tribune offers up some very realistic, yet depressing advice about the current state of home ownership: Many homeowners would be best off if they simply stopped paying their mortgages. How so? The passage of the bailout bill meant that help for homeowners...