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Citigroup is in talks with the US Treasury about increasing government ownership of the troubled banking conglomerate....

Last week, we discussed a nasty little public advertising campaign being waged by a couple of Texas banks that didn't take TARP CPP money against those who did. At the time, I thought that while most customers wouldn't be influenced to switch banks by that particular pitch, and while I'd never advis...

As you probably know, today GM submitted its updated viability plan to the U.S. Treasury Department, to meet the requirements of our U.S. government loan agreements. The plan, which provides a detailed review of a variety of aspects of GM’s restructuring, is the first of two status reports req...

Last month, real estate columnist Steve Brown shot off a nice little rant about how bank regulators were forcing banks to clamp down so hard on real estate lending that they were denying credit to good borrowers as well as bad ones. The Kansas City Business Journal provides further evidence of this ...

A recent action that received little coverage (other than by BankThink) was the request by Consumers Union that The Treasury Department order the OCC to rescind its preemption regulation. Consumers Union is trying to win the case of Cuomo v. The Clearing House Association, LLC through the back door....

But Wait! There's More! Read These Related Posts: George Soros now governs U.S. Help the Food Bank, shop at Whole Foods on Dec 6! Never pay taxes again Food Bank hunger survey 2009 Food Bank to sponsor Food From The Bar food drive, May 17-28...

Last fall, theology professor R.R. Reno wrote a long blog piece at First Things that defended the federal government's bailout from the attacks of his more ideologically pure brethren on the right. Professor Reno recently came back with a follow up piece this week that concedes that he angered a lot...

Reader Gregg Somerville, a stockbroker, sent me a link to his "rapumentary" ripping Hank Paulson. It may be a few months behind the curve at this point, but it remains hilarious. The line about Richard Fuld being the only guy who ever lost calling Paulson's bluff is a classic. I mean, we have to lau...