informationliberation
The news you're not supposed to know...




An Introduction to Austrian Economics: Understand Economics, Understand EverythingThe Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility
The Obama Deception: The Mask Comes OffOperation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
(more)
Article posted Feb 18 2013, 4:13 PM Category: Economy Source: New York Times Print

Don’t Blink, or You’ll Miss Another Bailout

By GRETCHEN MORGENSON

Here’s the skinny: Late last Wednesday, the New York Fed said in a court filing that in July it had released Bank of America from all legal claims arising from losses in some mortgage-backed securities the Fed received when the government bailed out the American International Group in 2008. One surprise in the filing, which was part of a case brought by A.I.G., was that the New York Fed let Bank of America off the hook even as A.I.G. was seeking to recover $7 billion in losses on those very mortgage securities.

Full Article »





Latest Economy
- How to Not Attack Capitalism
- How Protectionism Hurts Hawaii: Why It's Time to Repeal the Jones Act
- If It Moves, Tax It
- Taxing Internet Purchases
- Ron Paul on Gold: No One Knows Value; I'm Buying
- Schiff: GDP Propaganda Exposed
- Remember When the Internet Was a Tax-Free Paradise?
- Japan Steps Into the Void









No Comments Posted Add Comment


Add Comment
Name
Comment

* No HTML
Verification *
Please Enter the Verification Code Seen Below
 


PLEASE NOTE
Please see our About Page, our Disclaimer, and our Comments Policy.


FAIR USE NOTICE
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the Digital Millennium Copyright Act (found at the U.S. Copyright Office) and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy


Advanced Search
Username:

Password:

Remember Me
Forgot Password?
Register

Cotati, California Cops Enter Disabled Vet's Home, Taze Him in Front Of His Family - 05/14Math Fail: Cop Threatens Charges After Student Blows .018, Says It's 'Double' Limit of .08 - 05/12Police Follow Up Beating A 'Possibly Intoxicated' Man To Death By Seizing Witnesses' Cell Phones - 05/13The Re-Education of Lauryn Hill - 05/16Ky. Cop Robbed Man's Home Under Guise Of 'Executing Search Warrant' - 05/16This Week's Corrupt Cops Stories - 05/16VP Joe Biden Believes There's 'No Legal Reason' The Government Can't Slap A Sin Tax On 'Violent Media' - 05/16Think Progress? Ha! - 05/16

Cop Who Karate Chopped NY Judge In Throat Gets Off Scot-FreeFlorida Cop Smashes Compliant Woman's Face Into Car -- "Maybe Now You Can Understand Simple Instructions"VIDEO: Lapel Cam Reveals A Day In The Life Of A U.S. Police Officer (Tasing, Beating, Breaking & Entering, Stomping On Heads... and Laughing About It)Caught On Tape: Officer Sucker Punches Inmate In Face, Files Report Claiming 'Self Defense'Insult Person On Twitter, Go To JailSWAT Team Brings TV Crew To Film Raid Against Threatening Internet Critic -- Raids Innocent Grandma InsteadCop Karate Chops NY Judge In The ThroatWhen the Right to Resist Becomes the "Duty to Submit"
(more)

 
Top