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Senate on Friday confirmed Herb Allison, the former chief executive of mortgage finance company Fannie Mae , as assistant Treasury secretary to oversee the government's $700 billion bank bailout fund. Allison, had led Fannie Mae (FNM.P) after the Treasury...
Tags: Senate, Herb Allison, Fannie Mae, Herbert Allison, Treasury Department, bank bailout
American banks chose to lay off American employees last year and hire foreign workers via an okay from the United States government for top paying positions. Visas were requested and granted for senior vice presidents and junior investment analysts...
Tags: bank bailout, insourcing, foreign workers
Following the money trail is the best way to figure out what is truly going on with our failing banks. Once you can see the flow it is easy to see who really wants to bail out the bank with your hard earn money. Just look at the table and see which politician...
Tags: Bank Bailout, Obama, McCain