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Treasury Sec. Paulson at Senate Banking Hearing
Witnesses at the Senate Banking hearing on Pres. Bush's financial bailout plan included: Treasury Sec. Henry Paulson; Fed. Reserve Chairman Ben Bernanke; SEC Chairman Christopher Cox; and OFHFA Chairman James Lockhart III. |
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Treasury Secretary 'regrets' Steps to Save Banks
Treasury Secretary Henry Paulson lays out steps to shore up the nation's banking system by having the government buy shares in leading banks, something he 'regrets' doing but says is necessary for the health of the economy. (Oct. 14) |
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EU Treasury Dept. to control our money?
European Parliament, Brussels - 8 October 2008: Nigel Farage MEP, President of the Independence/Democracy Group, speaks about the financial crisis and calls by extremists to transfer more powers to the EU centre in order to control member states' monetary systems. ........................ Source: Audio-Visual Library, European Parliament. ........................ EU Member States: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Sweden, United Kingdom Other states in Europe: Switzerland, Iceland, Norway, Faroes, Andorra, Monaco, Liechtenstein, San Marino, Russia, Ukraine, Moldova, Transdniestria (Transnistria), Belarus, Turkey, Croatia, Bosnia-Herzegovina, Serbia, Montenegro, Albania, Kosovo, Abkhazia, South Ossetia. |
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"Taxpayer's pound of flesh" Treasury writing checks to WHO!
November 14, 2008 Bilbray (R-CA) Domestic Committee meeting with Kashkari Treasury Department Use of Government Assistance Funds Neel Kashkari |
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(Part 2) Presidential Debate 10/07 HQ - "Who Would You Pick For Treasury Secretary" - Barack Obama and John McCain - McCain Obama Second Debate 2008 October 7th in Nashville TN High Quality - Second Obama McCain Debate 10/7 (Part 2)
(Part 2) October 7th Second Presidential Debate in High Quality. This is the SECOND PART - more to follow! I'll be uploading the debates as they happen in high quality clips question by question. This is the second question of the debate. SUBSCRIBE FOR HIGH QUALITY VIDEOS OF THE SECOND PRESIDENTIAL DEBATE OCTOBER 7TH JOHN MCCAIN AND BARACK OBAMA - 2ND OBAMA MCCAIN DEBATE 10/07 IN NASHVILLE TENNESSEE 10/07 2nd President Debate between John McCain and Barack Obama. Obama McCain Second Debate October 7th 2008 at Belmont University, Nashville Tennessee ** PLEASE SUBSCRIBE TO GET UPDATED WITH MORE HIGH QUALITY ELECTION COVERAGE INCLUDING THE NEXT PRESIDENTIAL DEBATE *** Second McCain Obama Debate 2008 - Click the HIGH QUALITY option below the video! This is the SECOND PART to the second 2008 President's Debate on October 7th between Republican Presidential nominee John McCain and Democratic Presidential nominee Barack Obama. |
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Fed, Treasury Offer Help to Fannie and Freddie
BusinessFed, Treasury Offer Help to Fannie and FreddieFed, Treasury Offer Help to Fannie and FreddieThe Associated PressThe Federal Reserve and the Treasury announced steps Sunday to shore up mortgage giants Fannie Mae and Freddie Mac, whose shares have plunged as losses from their mortgage holdings threatened their financial survival. (July 13)[Notes:ANCHOR VOICE] The Federal Reserve and Treasury are extending a couple of life lines to Fannie Mae and Freddie Mac.Shares of the mortgage companies have plunged recently and their losses have threatened their financial survival.Treasury Secretary Henry Paulson says he plans to ask Congress to increase Fannie and Freddie's credit limits and, if necessary, make equity investments in the companies.((PAULSON SOT))Secretary Paulson says he's also looking to consult the Fed about any new rules Congress proposes for the lenders.The Fed's role would be to weigh in on setting capital requirements for the companies. In a separate plan...the Fed says it's given the Federal Reserve Bank of New York the green light to lend to the 2 mortgage companies if they need it. The mortgage financiers would pay 2 point 25 percent for any borrowed funds. That's the same interest rate given to commercial banks and Wall Street firms.Ben Bernanke and company say that move should help Fannie Mae and Freddie Mac quote- promote the availability of home mortgage credit during a period of stress in financial markets.The Treasury and Fed plans are also meant to let nervous investors around the world know the U-S government is willing to do everything it can to prevent further problems in the credit markets. ___ ___, The Associated Press.(****END****) ANCHOR VOICE: Carlotta Bradley-------------------------VIDEO PRODUCER: Bianca Davie------------------------------VIDEO SOURCE: AP/ABC for Paulson video--------------------------VIDEO APPROVAL:------------------------------VIDEO RESTRICTIONS:----------------------------------SCRIPT/WIRE SOURCE:------------------------------------ |
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Topps 08 Treasury Basketball
Some interesting inserts and a brand new rip-girl make this one crazy rip-party. |
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Topps Pardigm NFL & Topps Treasury NBA 2 Box break
A couple boxes of the old stuff |
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Kucinich's anger @ Kashmari-Treasury-Tarp #2
November 14, 2008 Kucinich (D-OH) Q&A Part 2 Cummings (D-MD) Issa (R-CA) Domestic Committee meeting with Kashkari Treasury Department Use of Government Assistance Funds Neel Kashkari |
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Avalokiteshvara - Treasury of Compassion
The mantra of Buddha Avilokiteshvara (Buddha of Compassion) ,what the mantra means, some tibetan throat chanting by Lama Tashi, along with a few visuals. Please enjoy! |
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NBR Treasury Commerical -- Better Quality
A better quality version of Nightly Business Report's "Treasury Blowout Sale" commercial. |
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Treasury STRIPS
P-STRIPS and C-STRIPS are popular because: 1. They can be combined or re-constructed into any required sequence of cash flows, and 2. They are more sensitive to interest rates (i.e., higher duration) than coupon-bearing bonds (all other things being equal). |
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Treasury Dept. Hides Taxpayer Contracts, CNBC - 10/23/08
I appeared on CNBC to discuss relevations that the Bush Treasury Department is redacting sections of government-corporate contracts that detail how much taxpayer cash private firms are receiving as part of the Wall Street bailout. You can see those documents at these three links: http://www.ourfuture.org/blog-entry/2008104219/treasury-blacks-out-key-parts-private-bailout-contracts http://bailoutsleuth.com/2008/10/more-bailout-contracts-contain-blacked-out-portions/ http://bailoutsleuth.com/2008/10/the-end-of-bailout-transparency-already/ |
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Ron Paul: The Power of the Treasury
9/17/08 Ron Paul on Fox Business |
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Treasury Official: Money Flow Takes Time
Assistant Treasury Secretary Neel Kashkari tells a congressional panel that government money is flowing to banks, but it will take time for financial institutions to regain confidence in the market so they start lending money again. (Nov. 14) |
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USA TREASURY DEPARTMENT SECRET INSIDE LOOK THEY DON'T WANT YOU TO SEE. DESTROY THE USA!
1st time look at a SECRETIVE Undisclosed Control Room of AMERICA's DEBT MACHINE the AUCTION ROOM OF THE TREASURY DEPARTMENTS BUREAU OF PUBLIC DEBT. Please watch on the playlist THE TRUTH ABOUT MONEY AND DEBT! |
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Fed, Treasury to Help Fannie Mae and Freddie Mac
PlusFed, Treasury to Help Fannie Mae and Freddie MacFed, Treasury to Help Fannie Mae and Freddie MacThe Associated PressThe Federal Reserve and the Treasury announced steps Sunday to shore up mortgage giants Fannie Mae and Freddie Mac, whose shares have plunged as losses from their mortgage holdings threatened their financial survival. (July 13)[Notes:ANCHOR VOICE] The Federal Reserve and Treasury are extending a couple of life lines to Fannie Mae and Freddie Mac.Shares of the mortgage companies have plunged recently and their losses have threatened their financial survival.Treasury Secretary Henry Paulson says he plans to ask Congress to increase Fannie and Freddie's credit limits and, if necessary, make equity investments in the companies.((PAULSON SOT))Secretary Paulson says he's also looking to consult the Fed about any new rules Congress proposes for the lenders.The Fed's role would be to weigh in on setting capital requirements for the companies. In a separate plan...the Fed says it's given the Federal Reserve Bank of New York the green light to lend to the 2 mortgage companies if they need it. The mortgage financiers would pay 2 point 25 percent for any borrowed funds. That's the same interest rate given to commercial banks and Wall Street firms.Ben Bernanke and company say that move should help Fannie Mae and Freddie Mac quote- promote the availability of home mortgage credit during a period of stress in financial markets.The Treasury and Fed plans are also meant to let nervous investors around the world know the U-S government is willing to do everything it can to prevent further problems in the credit markets. |
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continental treasury
we |
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Is Treasury Using Bailout Funds to Prevent Fo
On November 12, Treasury Secretary Henry Paulson announced that Troubled Asset Relief Program would not acquire mortgage-related assets. In light of this significant change in TARPs mission, the Committee on Oversight held a hearing to determine whether the Treasury was using bailout funds to increase foreclosure prevention, as Congress intended. |
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A Conversation with Treasury Secretary Henry M. Paulson
Henry M. Paulson, United States Treasury Secretary. Presider: Maurice Greenberg, Chairman and CEO, C.V. Starr & Co., Inc. |
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McCain and Obama Court Miley Cyrus
During the CMT Awards Monday night, Sens. John McCain and Barack Obama try their best to get a hold of the most coveted seats in all of show business -- Hannah Montana concert tickets. |
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FDIC May Borrow Money from Treasury..
http://www.securagroup.com/news/archives/articles/2008/AB080827.pdf When I became Chairman of the FDIC in 1981, the FDIC's financial statement showed a balance at the U.S. Treasury of some $11 billion. I decided it would be a real treat to see all of that money, so I placed a call to Treasury Secretary Don Regan: Isaac: Don, I'd like to come over to look at the money. Regan: What money? Isaac: You know . . . the $11 billion the FDIC has in the vault at Treasury. Regan: Uh, well you see Bill, ah, that's a bit of a problem. Isaac: I know you're busy. I don't need to do it right away. Regan: Well . . . it's not a question of timing . . . I don't know quite how to put this, but we don't have the money. Isaac: Right . . . ha ha. Regan: No, really. The banks have been paying money to the FDIC, the FDIC has been turning the money over to the Treasury, and the Treasury has been spending it on missiles, school lunches, water projects, and the like. The money's gone. Isaac: But it says right here on this financial statement that we have over $11 billion at the Treasury. Regan: In a sense, you do. You see, we owe that money to the FDIC, and we pay interest on it. Isaac: I know this might sound pretty far-fetched, but what would happen if we should need a few billion to handle a bank failure? Regan: That's easy we'd go right out and borrow it. You'd have the money in no time . . . same day service most days. Isaac: Let me see if I've got this straight. The money the banks thought they were storing up for the past half century sort of saving it for a rainy day is gone. If a storm begins brewing and we need the money, Treasury will have to borrow it. Is that about it? Regan: Yep. Isaac: Just one more thing, while I've got you. Why do we bother pretending there's a fund? Regan: I'm sorry, Bill, FDIC May Borrow Money from Treasury: Report http://www.fdic.gov/bank/individual/failed/banklist.html By ReutersCNBC.com | 27 Aug 2008 | 05:45 AM ET Federal Deposit Insurance Corp (FDIC) might have to borrow money from the Treasury Department to see it through an expected wave of bank failures, the Wall Street Journal reported. The borrowing could be needed to cover short-term cash-flow pressures caused by reimbursing depositors immediately after the failure of a bank, the paper said. The borrowed money would be repaid once the assets of that failed bank are sold. "I would not rule out the possibility that at some point we may need to tap into [short-term] lines of credit with the Treasury for working capital, not to cover our losses," Chairman Sheila Bair said in an interview with the paper. Bair said such a scenario was unlikely in the "near term." With a rise in the number of troubled banks, the FDIC's Deposit Insurance Fund used to repay insured deposits at failed banks has been drained. In a bid to replenish the $45.2 billion fund, Bair had said on Tuesday that the FDIC will consider a plan in October to raise the premium rates banks pay into the fund, a move that will further squeeze the industry. The agency also plans to charge banks that engage in risky lending practices significantly higher premiums than other U.S. banks, Bair said. The last time the FDIC had borrowed funds from the Treasury was at nearly the tail end of the savings-and-loan crisis in the early 1990s after thousands of banks were shuttered. The fact that the agency is considering the option again, after the collapse of just nine banks this year, illustrates the concern among Washington regulators about the weakness of the U.S. banking system in the wake of the credit crisis, the Journal said. |
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Hakainde on national treasury
where the money to finance development will come from? - http://www.hakainde.com |
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The US Treasury 700 billion dollar bailout
Sept. 21 - The US Treasury Secretary Henry Paulson is seeking public approval after plans were put forward to Congress to buy up $700 billion worth of risky loans. Making the rounds on several television talk shows on Sunday, the U.S. Treasury Secretary used the opportunity to stress the need for swift action in getting plans for a sweeping financial rescue package approved. Henry Paulson said given the severe stress on financial markets Congress needed to act quickly in authorising the expenditure of $700 billion. This would allow the government to buy up bad loans and drive the economy forward. |
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Obama might pick Warren Buffett for new treasury secretary
Obama might pick Warren Buffett for new treasury secretary |
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