
April 22, 2009
There are always winners and loser in any environment. However in the latest round of quarterly results it’s interesting to see who has fallen into want category. What’s doubly interesting is the fact that banks which did take on government help to purchase out asset of fail brothers seem to be making out much better [...]

April 21, 2009
Recently Wall Street has been blushing with optimism, based largely on good returns from the American Banking sector. However many question have come up with regards to how those numbers where reached, and how the banks accounted for the large loans received via the Government bailout program, TARP. The program allowed the banks great freedom [...]

March 11, 2009
Large and small banks across the country are looking for ways to return money they received via the TARP program, in hopes of not being forced to fallow strict government rules regarding executive pay, and mortgage foreclosure procedures.
“As public outrage swells over the rapidly growing cost of bailing out financial institutions, the Obama administration [...]

February 25, 2009
I am against the Banking/Mortgage bailout, so the first part of the evening to me was a waste of time.
Getting to the good stuff:
The second part, regarding energy, and building better infrastructure is where I agree. I would have thrown the whole $700 billion directly into projects that create better infrastructure, which means better roads, better [...]

February 24, 2009
In trying to rap our heads around the latest government program to try and rescue the banking sector, we have become puzzled at the constantly change approach the government has.
It seems the government has always known that it will need to take direct ownership in the banking sector. However, because the word nationalization has [...]

February 13, 2009
Thanks to the AP news service, we now have a clearer picture of how the government would like to spend taxpayer dollars to stimulate the economy.
It’s a large number covering man areas. Many economists however believe because of the delay of getting such a plan enacted, and the continued decline of the economy, the [...]

February 12, 2009
There has been much talk about the nationalization of America’s banks in the last 3 months, since Obama has become president. The idea of creating a bad bank, of forcing banks to take larger injections of taxpayer money, and of limiting executive pay have all been played out on the pages of our best newspapers. [...]

February 10, 2009
When the original TARP program passed in 2008, a lot of bloggers posted articles and comments that we needed to do something. That anything would be better then doing nothings. Once TARP was enacted, no major bank collapsed. A success if measured by the standard of not allowing another bank to fail.
But has TARP [...]

February 6, 2009
You remember the one uncle, or cousin that only came around when he/she needed money. He needed some money to fix his car, so that he can get to work. But as soon as your mom or dad lent him the money, you would see him at the local bar buying drinks for some nice [...]

February 3, 2009
There are a lot of banks in the US that are need of a help. TARP was design to help trouble banks, by created a avenue for them to continue lending and therefore making money from what should be there primary business, lending.
TARP came a little too late for some institutions and was used [...]

January 16, 2009
One lesson we learned from the plane crash in New York this week; Don’t open all the doors as it will only make the ship sink faster.
Too bad it’s a lesson congress skipped out on.
The Senate vote of 52 to 42 allowing the remaining $350 billion bailout fund which was developed in 2008 [...]

January 15, 2009
Turns out the bailout of the nations banks is not enough. We now are going to inject cash directly into the hands of, well everyone expect the people who need it.
We at Whybanksfail have our own stimulus plan, called; Give the money back to the tax payers bill of 2009.
In 2005 134,372,678 Individual Tax [...]

January 15, 2009
Buy low, sell high. It’s the mantra of smart investing. But how do you know something is at its bottom. In the financial crisis of 08/09, I would not want to be making those bets.
The problem is that money is getting thrown around, and good money is casing a lot of bad money around [...]

January 13, 2009
What’s the best place to put a secret? In plan sight.
The funny thing about information is that if you make it available and don’t trying to hide it behind some veil, people general are to accepting that they don’t even realize that something is so wrong.
We just assume that if someone is doing [...]

January 9, 2009
Well folks, can’t say we did not say so, but it seems that the President Elect might be reading Whybanksfail (WE WISH). Looks like TARP is really CARP, sorry CRAP.
“Barack Obama’s economic team is considering an overhaul of the $700 billion Wall Street bailout for the financial services industry”
If you’re wondering why TARP has [...]