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 accounts":

"… store-front check cashers. The cards were supposed to help people without bank accounts access their benefits while avoiding high fees charged by check cashers. A …"

"… an a million customers who did not need the cards because they already had bank accounts. The card fees are far higher than direct deposit into a bank account. Th …"

"… er electronic means. The card is important for benefit recipients who lack bank accounts, he said, and has helped save taxpayer money that previously was spent pri …"

Treasury to Comerica: Take our money, please!

By Daniel Wagner

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

ANALYSIS: Lack of leadership at the top of corporate ladder

By Wendell Potter

Misplaced values among health inusurers and investment banks.

Excerpts from this story referencing "Goldman Sachs":

"… g for-profit health insurers — two of which I worked for — in place of Goldman Sachs, where Smith worked until resigning on the day his column was published.Sm …"

"… Sadly, most of them did. By doing so, like Smith’s fellow employees at Goldman Sachs, they had made a conscious decision to think more about their own compensa …"

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 "Mary Schapiro":

"… e Division of Enforcement. Obama did appoint the SEC chairwoman, Mary Schapiro, but the agency itself was responsible for Storch’s hiring.Then the …"

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 "Henry Paulson":

"… ecome co-CEO of behemoth Goldman Sachs. After losing a power struggle with Henry Paulson, who later became Treasury secretary under George W. Bush, Corzine turned …"

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 "JPMorgan Chase":

"… ederal judge Richard Berman recently OK’d a $154 million settlement with JPMorgan Chase. And despite Judge Rakoff’s treatment of their cases, the SEC is unlikel …"

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 "Wells Fargo":

"… according to an iWatch News analysis of a new study of tax dodgers. Wells Fargo & Co., Goldman Sachs Group, PNC Financial Services Group, Capital One …"

"… purchases from the Treasury Department’s Troubled Asset Relief Program. Wells Fargo received the greatest benefit among all 280 companies studied. If the bank …"

"… rly $18 billion, the study said. The banking giant paid no taxes in 2009. Wells Fargo was also among the most profitable corporations on the list, having collec …"

"… list, having collected $21.8 billion in profits over the three-year span. Wells Fargo received a $25 billion government investment in October, 2008 from the TAR …"

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?

Excerpts from this story referencing "Elizabeth Warren":

"… g News and other media report.Date has been a top deputy since February to Elizabeth Warren, the presidential advisor charged with setting up the CFPB. Some 44 Senate …"

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 "Chris Dodd":

"… to President Ronald Reagan; and Janice O’Connell, former adviser to Sen. Chris Dodd (D-Conn.), chairman of the Senate Banking Committee. Goldman also has tapp …"

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 "White House":

"… 2004 until April of last year. His hiring by Geithner was approved at the White House even as President Obama was imposing new rules aimed at blocking other lob …"

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 "free travel":

"… ein lies the problem, military watchdogs say, with close relationships and free travel posing potential conflicts of interest. At the time, Prince Miteb was an a …"

"… spent by the pharmaceutical companies and medical device manufacturers on free travel for Pentagon personnel may seem a wise investment to health care companies …"

"… researched industry influence on physicians. Fugh-Berman asserts that the free travel is part of careful planning by corporate marketing departments to subtly m …"

"… ess account.”Under current rules, buyers like Marx are allowed to accept free travel even to marketing events because it’s their job to receive sales pitches …"

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

Excerpts from this story referencing "Chris Dodd":

"… ix other presidential candidates are among the top ten for the 2008 cycle: Chris Dodd, Hillary Clinton, John McCain, Mitt Romney, Joseph Biden, and Rudy Giulian …"