"It's hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay," President Obama said ...more

March 16, 2009

Rep. Barney Frank charged Monday that a decision by financially strapped insurance giant AIG to pay millions in executive bonuses amounts to "rewarding incompetence." ...more

March 16, 2009

Valerie Iengo of Port Richey believes Washington, D.C., has a proven record of wasteful spending. The American people are capable of doing better, she writes. ...more

March 14, 2009

It's always great to see the stock market come back from the dead. But I am deeply worried that our political system doesn't grasp how much our financial crisis can still undermine everything we want to be as a country. ...more

March 13, 2009

The government on Monday unveiled a revamped rescue package to insurance giant American International Group and will provide the troubled company with an additional $30 billion in taxpayer money on an as-needed basis. ...more

March 3, 2009

Rising displeasure with the Troubled Assets Relief Program was apparent this week when the U.S. House voted 270 to 155 not to spend the second round of TARP money, even though representatives knew the vote was symbolic and wouldn't stop the $350 billion from being spent. ...more

January 24, 2009

Valerie Iengo of Port Richey says we should be battling against the current economic difficulties, not matters of personal choice. ...more

January 14, 2009

It was the year the U.S. government pledged more than $8.5 trillion in loans and guarantees to bail out struggling companies. U.S. Treasury Secretary Henry Paulson appeared on the cover of the New York Post more than celebrity heiress Paris Hilton. Stockholders lost more than $30 trillion in market value. Here's a look at 2008 through the numbers: ...more

January 2, 2009

It's very disturbing when you're always reading about the common man-woman losing their jobs. What makes it worse, you read about the government bailing all these big companies out of their financial problems. Where is the government for the real workers? They should be considered before the big companies. It isn't the common workers' fault the bosses miss-managed funds and only looked out for themselves. ...more

December 27, 2008

Bernard Madoff's amazing Ponzi scheme has put him in a league of his own, for now. He shouldn't be alone for long. ...more

December 20, 2008