government bailouts

When the government gave $700 billion to banks to keep them from collapsing when the economy teetered on the brink in 2008, the decision was controversial. Many decried the use of taxpayer money being used to bail out banks due to their own bad bets, and more than a few economists and pundits...

The former chief executive of Bear Stearns recently had a chance to share his thoughts on the federal government's bailout of Wall Street, banking reform and the controversial books about the downfall of his old firm.

California's only auto plant is closing Thursday, adding 4,700 auto workers to the ranks of the unemployed, but an electric car company that has yet to build a car is asking for public support so it can save those jobs by using the labor to build electric cars. Aurica Motors wants to convert the...

The best technique for selling life insurance is known in the trade as "driving the hearse up to the door." When the salesperson drives the hearse up to the door, he describes at length all the horrible things that can happen if the family hasn't bought enough life insurance and leaves widows and...

Let's think back a month or two ago, when all the outrage surfaced over the bonuses paid out by American International Group (AIG). Don't remember? Let me refresh your memory: the company paid out roughly $165 million in retention bonuses even as it received $180 billion in government aid. Well,...

With all the housing mess making the news it seems that most anything that can be said has already been said. The problem is that the Federal Government keeps making the news with their take on how Big Brother can fix things so more in fact keeps getting written. But here's my take. I say it took...