Treasury extends controversial bank-card deal with Comerica

By Daniel Wagner

Treasury extends Comerica program that exposed the elderly and poor to fraud.

Excerpts from this story referencing "bank":

"… with Dallas-based Comerica to distribute Social Security and disability on bank-issued, taxpayer subsidized cards came in the second-to-last paragraph of …"

"… ntry posted on Friday afternoon. Treasury agreed last year to seek another bank partner after a report by The Center exposed fraud in the program and poor …"

"… contract, Treasury also paid Comerica an extra $32.5 million for work the bank had promised to do for free. The payments turned a potential loss for the …"

"… had promised to do for free. The payments turned a potential loss for the bank of $24.2 million into $8.4 million of profit, according a March report by …"

Treasury to Comerica: Take our money, please!

By Daniel Wagner

Officials handed bank tens of millions, asked few question, in troubled card program.

Excerpts from this story referencing "bank":

"… t Friday by Treasury’s inspector general. Taxpayers ended up paying the bank $32.5 million through March 2013 under an amended deal that officials offe …"

"… ervices. Treasury did not even realize Comerica had fallen short until the bank told them. Yet they readily agreed to pay Comerica retroactively for card …"

"… adline to stop using paper checks neared. Earlier, when it was selecting a bank to issue the cards, Comerica had claimed that it could handle up to 20 mil …"

"… d users without charging the government a penny. Treasury awards deals to banks without competitive bids under an obscure authority found in a Civil War- …"

ANALYSIS: Lack of leadership at the top of corporate ladder

By Wendell Potter

Misplaced values among health inusurers and investment banks.

FACT CHECK: Obama White House ‘full of Wall Street executives’?

By FactCheck.Org

Conservative super PAC runs ad on 'Obama's Wall Street Inner Circle'

Excerpts from this story referencing "Investment banking":

"… "Well, a long time ago. A long time."Geithner: "Actually never."Silvers: "Investment banking I meant."Geithner: "Never Investment banking. Spent my entire life in publ …"

Corzine gave $5 million to help candidates win office; now he's being grilled by Congress

By Aaron Mehta and Sandy Johnson

Once a member of Congress, Corzine now grilled by lawmakers on MF Global

Excerpts from this story referencing "Senator":

"… rty. The Democratic National Committee (at least $1.8 million), Democratic Senatorial Campaign Committee (at least $1.4 million), and Democratic Congressiona …"

Judge in Citigroup case has bucked trend of rubber stamping SEC settlements

SEC has long history of settling cases without requiring companies to admit guilt

Excerpts from this story referencing "Bank of America":

"… ge Rakoff “reluctantly” approved a $150 million agency settlement with Bank of America over its Merrill Lynch acquisition, after having rejected an earlier, smal …"

"… at looks like what happened when Judge Rakoff eventually signed off on the Bank of America case — some kind of statement of facts, significantly enhanced procedure …"

Bailed-out banks paid no income tax in some years, according to study

By John Dunbar and John Dunbar

New study shows bailed-out banks among those companies that paid no income tax at least one year

Excerpts from this story referencing "lead author":

"… Robert McIntyre, director of Citizens for Tax Justice and the report’s lead author said tax breaks enjoyed by the companies that paid less than 35 perce …"

Reform reading: Will Warren aide fill top job at new consumer agency?

By Shirley Gao

Reform reading: Will Warren aide fill top job at new consumer agency?

SEC watchdog: Becoming political appointee would jeopardize White House probe

By John Solomon

The Securities and Exchange Commission’s independent watchdog says a Congressional effort to convert his position into a presidential appoin

Goldman Sachs publicly backs financial reform — while dispatching army of lobbyists

By Adele Hampton

Amid attempts to rein in Wall Street, persuaders safeguard bank’s interests

Excerpts from this story referencing "Tennessee":

"… dman also has tapped Harold Ford Sr., a former Democratic congressman from Tennessee and Daniel Meyer, former chief of staff to then-Speaker of the House Newt …"

Geithner moves to new home, but some question his temporary digs

By Philip Shenon

Geithner's Kalorama residence was rent-free for eight months, was it a violation of ethics?

Excerpts from this story referencing "senior official":

"… Baran, a Washington lawyer. Baran said that federal law clearly allowed a senior official like Geithner to accept gifts from an old friend, including housing, under …"

"… hner was spending day and night – literally — in the company of former senior officials of the banks being overseen, if not bailed out, by the government. One to …"

"… ime since arriving at the department has been involved in recruiting other senior officials to join the staff and in other personnel issues, not in policy discussion …"

"… and in other personnel issues, not in policy discussions. He noted that no senior official has joined the department from Goldman Sachs. But he said he was so frust …"

From Bank of America, two different stories about tracking bailout funds

By Ben Protess

Is Bank of America, the nation’s largest bank, tracking how it spends $45 billion in taxpayer funds?

Thousands of free trips taken by Pentagon staff

By M.B. Pell and Aaron Mehta

DOD personnel took $26 million in travel from industry, foreign governments.

Excerpts from this story referencing "University School":

"… en critic is Dr. Adriane Fugh-Berman, an associate professor at Georgetown University School of Medicine who has researched industry influence on physicians. Fugh-Berm …"

No. 18 of The Subprime 25: American General Finance Inc./American International Group Inc. (AIG)

Total high-interest loans 2005-2007: At least $21.8 billion

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