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FDIC, no choice but to borrow?

From the trial balloon department: Regulators tell the New York Times that they are seriously considering a plan to borrow from healthy banks. It seems odd perhaps, but there's not a lot of money... Read more...

Cuomo keeps pressure high on bonus culture

Andrew Cuomo, the attorney general of New York, has painted the most detailed picture yet of the bonus practices on Wall Street. If you thought the bonus furor was dying down, guess again. According... Read more...

Anger at Goldman Sachs?

Is there any resentment simmering out in the public over Wall Street's return to big earnings and big bonuses? Bill O'Reilly, the Fox News commentator, likened Goldman Sachs bankers to pigs during a... Read more...

AIG pays up for crisis management advice

Levick Strategic Communications is well known in Washington for its crisis management efforts on behalf of unpopular clients, such as the Catholic Church in its sex abuse scandal and a Dubai-based... Read more...

Harsh spotlight on Goldman Sachs for AIG payments

It was big news when AIG finally released the list of CDS trade counterparties that it had paid off with taxpayer funds. At the top of the list was none other than Goldman Sachs, which received $13... Read more...

Government aims to quell nationalization fears

There's a lot riding on the upcoming stress tests, and if the move by Citi to approach the government about taking a large stake in the bank is any indication, we can expect some banks to fare... Read more...

Pay cap too little, too late?

The Obama Administration, despite some apparent early dithering, ended up taking a hard line on executive pay at banks being bailed out with taxpayer funds. The $500,000 cap strikes many in the... Read more...

Should TARP banks keep on lobbying?

The New York Times reports that after taking in $45 billion in TARP funds, Bank of America has decided to stop lobbying the federal government, bowing to the PR risks. Citi, on the other hand, "is... Read more...

What will the terms be on coming Bank of America aid?

Bank of America seems to be in line for another injection of TARP funds. That would make it the second big bank--Citi was the first--to receive a second tranche of taxpayer funds. Bank of America... Read more...