Articles Written by:    ADRIANNE APPEL     

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U.S.: Secret Bailouts for Giant Failing Banks of the Future?

U.S.: BOSTON, Oct 30 (IPS) - Big banks will not be forced to downsize and the public will be the last to know when they fail, a controversial bill unveiled by U.S. Treasury Secretary Timothy Geithner and Congressman Barney Frank ...

From ADRIANNE APPEL, Inter Press Service,  30 Oct 2009
Related Topics: Federal Reserve,  Barney Frank,  Robert Reich,  Barack Obama,  U.S. Congress

ENVIRONMENT-US: Greatest of Lakes Hit by Climate Change

ENVIRONMENT-US: MILWAUKEE, Wisconsin, Oct 22 (IPS/IFEJ) - The weather was right for swimming this summer along the shores of Lake Michigan, but on many days, the only living things seen on the beach were gulls, picking away at zebra ...

From ADRIANNE APPEL, Inter Press Service,  22 Oct 2009
Related Topics: Environmental Protection Agency,  Barack Obama,  National Oceanic and Atmospheric Administration

FINANCE: IMF Loan Policies Worsening Crisis, NGOs Say

FINANCE: BOSTON, U.S., Oct 6 (IPS) - While world leaders banter about International Monetary Fund and World Bank business in Istanbul, NGOs critical of the way the Bretton Woods institutions operate are not letting up pressure. The IMF ...

From ADRIANNE APPEL, Inter Press Service,  6 Oct 2009
Related Topics: International Monetary Fund,  World Bank,  G-20,  Barack Obama,  Timothy F. Geithner

HEALTH-US: State's 'Model' Reforms May Be Anything But

HEALTH-US: BOSTON, Sep 18 (IPS) - As all factions of the U.S. Congress continue a bruising debate about how to change the U.S. health system, one state, Massachusetts, seems to point the way clear, but activists say the Massachusetts plan ...

From ADRIANNE APPEL, Inter Press Service,  18 Sep 2009
Related Topics: U.S. Republican Party,  Harvard University,  U.S. Congress,  Mitt Romney,  U.S. Senate

ECONOMY-US: Activists Demand Real Change as Foreclosures Mount

ECONOMY-US: BOSTON, Sep 5 (IPS) - Hundreds of thousands of people in the U.S. continue to lose their homes each month in an ongoing crisis that is wreaking chaos on communities, advocates say. Millions are out of work and high mortgage ...

From ADRIANNE APPEL, Inter Press Service,  5 Sep 2009
Related Topics: White House,  Barack Obama,  General Motors,  J.P. Morgan Chase & Co.

U.S.: Sky's the Limit for Bank Fees

U.S.: BOSTON, Jul 30 (IPS) - Banks bailed out with U.S. taxpayer money, like Wells Fargo and U.S. Bancorp, are raking in money by charging 150 percent interest and more on short-term, payday loans to people with no savings, consumer ...

From ADRIANNE APPEL, Inter Press Service,  30 Jul 2009
Related Topics: Wells Fargo,  U.S. Bancorp,  FDIC,  Henry Paulson,  Dick Durbin

ECONOMY-US: Trillions to Banks as Taxpayers Left in the Dark

ECONOMY-US: BOSTON, Jul 24 (IPS) - The U.S. Federal Reserve and U.S. Treasury have doled out trillions in taxpayer dollars to banks and corporations and now the boom may be falling on what lawmakers say is a shroud of secrecy that ...

From ADRIANNE APPEL, Inter Press Service,  24 Jul 2009
Related Topics: U.S. Republican Party,  Ben Bernanke,  Edolphus Towns,  U.S. Democratic Party,  Barack Obama

Banks Recover as Housing Foreclosures Hit Record Highs

Just months after massive handouts from Uncle Sam, big banks say they are ready to repay the money. The banks are selling stock and debt, and seeing returns on mortgages, loans, high credit card rates and refinancings. Goldman Sachs, JPMorgan and ...

From ADRIANNE APPEL, New America Media,  20 Jun 2009
Related Topics: Morgan Stanley,  Timothy F. Geithner,  Barack Obama,  American University,  Federal Reserve

U.S.: GM Gets Billions, Says No Money for Crash Victims

U.S.: BOSTON, Jun 5 (IPS) - U.S. taxpayers have given 50 billion to rescue General Motors, but the company says it should not have to pay a penny to people harmed by known defects in its vehicles. Despite the billions, the company is in ...

From ADRIANNE APPEL, Inter Press Service,  5 Jun 2009
Related Topics: General Motors,  Chrysler,  U.S. Congress,  Chevrolet

ECONOMY-US: Banks in Recovery as Home Foreclosures Hit Record

ECONOMY-US: BOSTON, May 20 (IPS) - Just months after getting a massive handout from Uncle Sam to prevent the collapse of Wall Street, big banks say they are back on solid ground and ready to repay the money. The banks are selling stock and ...

From ADRIANNE APPEL, Inter Press Service,  20 May 2009
Related Topics: Timothy F. Geithner,  Morgan Stanley,  Federal Reserve,  Barack Obama,  American University

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