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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Elizabeth Warren

Elizabeth Warren stories: 6 news summaries

Matt Taibbi

 Obama's a Fraud; 
 Elect the 
 TARP Queen 

Time to face it, Obama's not delivering

(Newser) - Almost a year into his presidency, Barack Obama appears to suck. He hasn’t closed Guantanamo Bay, health care reform is a debacle, and worst of all, he’s “completely whiffed” on fixing Wall Street, “siding with the financial status quo, who happen to be the bad guys,... More »

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Barack Obama Campaign Finance Reform corporate America Elizabeth Warren progressives Matt Taibbi

 50% Pay Cuts 
 for Bailout Execs 
 Due Today 

Warren confirms cuts to 25 top earners at 7 companies

(AP) - The Treasury Department today is expected to order seven companies that have not paid back last year's US government bailouts to halve their top executives' average compensation. The cuts apply to the 25 highest-paid executives at banks and other companies that received the most assistance, with salaries being slashed by... More »

 Report Seeks More 
 Bank Stress Tests 

First round may have underestimated unemployment

(Newser) - The US should run a second round of bank stress tests if it turns out the government was overly optimistic about the economy in the first round, says a report to be presented to Congress today. The Congressional Oversight Panel, which monitors the bailout, applauded the tests thus far, but... More »

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Congress recession bank unemployment economy report stress tests Elizabeth Warren

UPDATED

Geithner: $110B Left in TARP
War Chest

Treasury won't ask Congress for more; defends slack lending

(Newser) - Some $109.6 billion remains in the government's $700 billion bailout, Treasury Secretary Timothy Geithner today told TARP's congressional oversight chief, Elizabeth Warren. The Treasury sec says that's plenty—he expects banks to repay about $25 billion over the next year, and won't ask Congress for more. Geithner also defended... More »

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bailout Troubled Asset Relief Program Timothy Geithner TARP Elizabeth Warren

Right Can't Stand 'Cranky' TARP Overseer

Liberals love Warren, but financial industry sees an activist

(Newser) - Dr. Phil, Jon Stewart, and liberals everywhere may love her, but Elizabeth Warren is causing an uproar in Washington, Politico reports. Conservatives and financial service lobbyists say the Harvard professor is using her post atop the TARP oversight committee to push an anti-industry agenda, exploring liberal approaches like nationalization and... More »

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Congressional oversight conservatives TARP Elizabeth Warren

Fee Hikes at Bailed-Out Banks Spur Investigation

Interest rates as high as 30% raise questions about program's effectiveness

(Newser) - Congressional overseers of the TARP program are investigating the lending practices of several of the banks they bailed out in response to complaints that the banks are raising interest rates and fees, the Wall Street Journal reports. Despite receiving billions in taxpayer dollars, Bank of America last week nearly doubled... More »

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Citigroup Bank of America loans credit card fees consumer credit interest rates Elizabeth Warren

6 Stories