Subprime lending execs back in business five years after crash

By Daniel Wagner

Executives from all of the top 25 subprime lending firms are working in the mortgage business five years later.

Excerpts from this story referencing "Amy Brandt":

"… mers who might not be able to qualify for bank loans. Also on the list is Amy Brandt, who at age 31 became CEO of WMC Mortgage Corp., then owned by Genera …"

Ex-Wall Street chieftains living large in post-meltdown world

By Alison Fitzgerald

CEOs of banks that fueled the subprime crisis that led to the economic meltdown largely avoid consequences.

Excerpts from this story referencing "T-Mobile":

"… court records. Matrix advised AT&T Inc. on its failed bid to purchase T-Mobile. And it has consulted with GlyEco, a company that recycles the chemical gl …"

Yellen as Fed chair would be tougher on banks

By Alison Fitzgerald

Janet Yellen, President Obama’s intended nominee for Federal reserve chief, may prove to be tougher on banks.

Excerpts from this story referencing "American International Group":

"… swaps — a type of derivative — caused the collapse of insurance giant American International Group. Post-crisis rules now require standard derivatives be traded through an …"

Bailed-out banks, Freddie Mac, AIG gave $6 million to 2008 conventions

By John Dunbar and Michael Beckel

Corporate donors to 2008 party conventions included financial institutions bailed out by government.

Excerpts from this story referencing "American International Group":

"… big donors from the 2008 event that won’t be giving this time around — American International Group and Freddie Mac.The two institutions together gave $1 million to the Repub …"

Wisconsin Gov. Walker’s conservative media appearances pay off as he raises millions from out-of-state donors

By Kate Golden and Amy Karon

Wisconsin Gov. Scott Walker's national conservative media appearances have helped him to raise millions from out-of-state donors

Excerpts from this story referencing "Michael J. Flaherty":

"… eir programs are heard by a relatively small slice of the population, said Michael J. Flaherty, who runs a Madison public relations firm and is a former Capitol reporter …"

Walker’s official work time declines as national fame grows

By Kate Golden and Amy Karon

Wisconsin governor's official work time declines as national fame grows.

Excerpts from this story referencing "director":

"… ing about recall as a measure right away,” said Dennis Dresang, founding director of the La Follette School of Public Affairs at the University of Wisconsin …"

"… ormer aides.Activities involving Kelly Rindfleisch, Walker’s fundraising director, appear in March and April 2011 but lack details. “Phone call to your CE …"

TARP helped stabilize financial institutions, but future success questioned

By Laurel Adams

The government’s Troubled Asset Relief Program, established to stabilize weak financial institutions, faces challenges in getting repayments

Excerpts from this story referencing "American International Group":

"… ve programs, like preserving homeownership and providing assistance to the American International Group (AIG), require ongoing attention.Without a plan to address workforce issue …"

The end of Lehman, part 3

By Ben Hallman

In Parts 1 and 2 of this series, Michael Hudson wrote about how Lehman was a leader in turning what had been a backwater market for subprime

Excerpts from this story referencing "American International Group":

"… epo agreements as sales, Citigroup said it misclassified $9.2 billion, and American International Group said it misclassified $2.3 billion. Ultimately, the bankruptcy examiner o …"

Will financial reform melt the ICE Trust monopoly?

Wall Street has taken its share of licks in the past three years, but the big banks haven’t forgotten how to hedge their bets. ...

Excerpts from this story referencing "economist":

"… onship with member banks.Is ICE Trust a dealers-only club?Robert Litan, an economist at the Brookings Institution, says he worries that the broker-dealer membe …"

Even with U.S. oversight, AIG keeps secrets

By Ben Protess

Government overseers, all from Wall Street, resist disclosure

Excerpts from this story referencing "American International Group":

"… 0 to Democratic candidates, including Barack Obama. …"

Why Fannie and Freddie continue to cost taxpayers billions

By Ben Protess

Treasury secretary to testify Tuesday on mortgage giants, Fannie Mae and Freddi Mac

Excerpts from this story referencing "American International Group":

"… tabs for rescuing the big banks, the automakers or even insurance behemoth American International Group (AIG).“These calls on taxpayer funds are troubling to all of us,” Edwa …"

What's still hidden in AIG's files?

By Ben Protess

Company trustees, lawmakers resist calls for more disclosure

Excerpts from this story referencing "American International Group":

"… ion has focused on one key outstanding question: Whether the giant insurer American International Group committed fraud in the run-up to its $182 billion bailout.The records of A …"

The roots of the financial crisis: Who is to blame?

By John Dunbar and David Donald

Banks that financed subprime industry collecting billions in bailouts

Excerpts from this story referencing "Arizona":

"… big way when it bought Household International in 2003. It also purchased Arizona-based DecisionOne Mortgage, and operated under the Beneficial and HLC bran …"

Obama top recipient of AIG's hefty campaign contributions

By Kat Aaron

The American International Group, more commonly known as AIG, has become the poster child for the financial bailout. The company has receive

Excerpts from this story referencing "Center for Responsive Politics":

"… 93 and 2008, AIG contributed $8,526,940, according to data compiled by the Center for Responsive Politics. In the 2008 election cycle, as the company was nearing the precipice of i …"

"… hn E. (R-NH) — $18,50010. Giuliani, Rudolph W. (R-NY) — $13,200Source: Center for Responsive Politics. …"

The climate change lobby explosion

By Marianne Lavelle

Will thousands of lobbyists imperil action on global warming?

Excerpts from this story referencing "Alcoa":

"… s a positive. When giants such as General Electric, Johnson & Johnson, Alcoa, and DuPont are on record favoring cap-and-trade legislation, “it moves …"

Oversight fails to keep pace with a changed market

By The Center for Public Integrity

Risky trades expand quickly with no oversight from SEC

Excerpts from this story referencing "American International Group":

"… grew markedly. In August, before the government bailed out insurance giant American International Group, it was revealed the company had sold $440 billion in shaky credit-default …"

More corporations pay less in taxes

By The Center for Public Integrity

Corporate tax payments accounted for 23 percent of all federal tax revenue in 1960. By 2007 that figure had dropped to just 14 percent

Excerpts from this story referencing "American International Group":

"… cial giants turning to U.S. taxpayers for costly bailouts — for example, American International Group, which recently received up to $123 billion in Treasury assistance — had …"

The party's parties

By Meredith O'Brien

WASHINGTON, July 8, 2004 — At this year's Democratic national convention in Boston, special interests are planning and paying for a reported

Excerpts from this story referencing "Massachusetts":

"… the gold-domed State House on Beacon Hill and the hometown favorites, the Massachusetts delegation, in the grand Boston Public Library.Others will be treated to u …"

"… in the city’s high-end shopping area (Newbury Street), and the gala for Massachusetts Senator Ted Kennedy at Boston Symphony Hall.The Creative Coalition—a gro …"

"… celebrity guests. Kennedy, along with Representative Mike Capuano, also of Massachusetts, is scheduled to make an appearance at the Biotechnology Industry Organiza …"

"… akers, including Clinton, that’s expected to be attended by 2,000 people.Massachusetts Congressman Bill Delahunt, looking to capitalize on the party going, is ho …"

The Bush 100

By Derrick Wetherell

WASHINGTON, January 14, 2002 — The average net worth of the individual members of the Bush cabinet, including the President and Vice Preside

Excerpts from this story referencing "United States":

"… retary Powell, whom I think are pretty inspiring symbols of the brand, the United States.” Yet the corporate character of the Bush administration carries with it …"

Rising caseload, fewer Labor Department judges triggers painful mix for suffering laborers

By Jim Morris

A federal worker compensation program once viewed as a model now suffers rising caseloads — but fewer judges, triggering frustration.

Excerpts from this story referencing "National Institute":

"… lung disease Work-related lung disease takes a heavy toll in America. The National Institute for Occupational Safety and Health — NIOSH, part of the Centers for Dise …"

Wall Street favorite Rep. Garrett flirts with default

By Alison Fitzgerald

Will investment firms that deal in U.S. Treasury securities regret their support of GOP congressmen who are flirting with default?

Excerpts from this story referencing "Securities and Exchange Commission":

"… subcommittee on the House Financial Services Committee, which oversees the Securities and Exchange Commission. His spokeswoman, Maggie Seidel, did not respond to emails and a phone cal …"

Behind the story: how the Center revisited financial meltdown reporting

By Jackie Hryncewich

Senior Finance Reporter Alison Fitzgerald offers an insider's perspective on our "After the Meltdown" investigation.

OPINION: Health insurance 'producers' about to be on life support

By Wendell Potter

Health insurance 'producers' help raise the cost of insurance plans

Excerpts from this story referencing "car insurance":

"… o consider another line of work, or at least other lines of business, like car insurance. The health insurance cash cow is about to run dry. …"

ANALYSIS: Shareholders raising ruckus about CEO pay

By Wendell Potter

Big pay raises and parting bonuses increasingly raising ire of shareholders.

Excerpts from this story referencing "Cigna":

"… . …"

"… uly worth all they are being paid.Of the five biggest for-profit insurers, Cigna will lead off the annual meeting season this coming Wednesday in Hartford …"

"… er to other shareholders urging them to “send our board a clear message: Cigna’s executive pay structure is broken and open engagement needs to begin w …"

"… sponsored by several unions, decided to send the letter after seeing that Cigna CEO David Cordani was given a pay raise of more than 25 percent last year, …"

FACT CHECK: Santorum-boosting PAC slams Romney, Obama

By FactCheck.Org

Red, White and Blue PAC launches misleading TV ads in Illinois and Louisiana attacking Romney and Obama on debt, taxes and oil

Excerpts from this story referencing "spokesman":

"… alth from oil trickles into people who wish us harm,” said Stuart Roy, a spokesman for the pro-Santorum PAC.Roy didn’t identify which countries he’s talk …"

ANALYSIS: Lack of leadership at the top of corporate ladder

By Wendell Potter

Misplaced values among health inusurers and investment banks.

Energy-backed firms award bonuses, file bankruptcy

By Ronnie Greene and Matthew Mosk

The DOE financed green energy companies that later fell into bankruptcy — but not before the firms awarded big executive bonuses

Excerpts from this story referencing "director":

"… pose of feathering the nest of a private company executive.”Bruce Kogut, director of the Sanford C. Bernstein Center for Leadership and Ethics at the Columb …"

FACT CHECK: Crossroads GPS twists facts in Senate ads

By FactCheck.Org

Conservative group makes leaping statements in two ads attacking politicians

Excerpts from this story referencing "Elizabeth Warren":

"… ut and the federal health care law:The well-heeled conservative group says Elizabeth Warren was appointed to oversee how tax dollars were spent for bank bailouts that …"

"… cratic Senate candidates. In this article, we’ll look at the ads against Elizabeth Warren of Massachusetts and Sen. Ben Nelson of Nebraska. Again, distortions aboun …"

"… f Massachusetts and Sen. Ben Nelson of Nebraska. Again, distortions abound.Elizabeth Warren’s Bailout RoleWarren, a Harvard Law School professor, is running for the …"

"… ir families or the economy as a whole,’ Harvard University law professor Elizabeth Warren told Treasury Secretary Timothy Geithner during a hearing on Capitol Hill. …"

As they lobby for a tax holiday, some big multinational players say they've got plenty of cash on hand

By John Aloysius Farrell and Aaron Mehta

Big corporations seeking tax holiday are sitting on billions in U.S.

Excerpts from this story referencing "United States":

"… verseas is taxed only by the country of origin until it is returned to the United States, at which time an additional tax is levied to make up any difference and r …"

"… t Obama that the company employed 700,000 workers in China, instead of the United States, because of a lack of qualified American engineers.Other cash-rich firms h …"