Bush overpaid banks in bailout, watchdog says

UK: Bail-out bankers rush through bonuses to thwart Government crackdown

Politicians today condemned a rush by thousands of bankers to pick up bonuses of millions of pounds before a government crackdown.

//tinyurl.com/cecwht



Bush overpaid banks in bailout, watchdog says

The Bush administration overpaid tens of billions of dollars for stocks and other assets in its massive bailout last year of Wall Street banks and financial institutions, a new study by a government watchdog says.

//news.yahoo.com/s/ap/20090206/ap_on_go_ca_st_pe/bailout_oversight



On the Brink of Bankruptcy, U.S. Auto-Parts Companies Seek Bailout

U.S. companies that make and supply auto-parts to major carmakers are pleading for a bailout from Washington, as many are now on the verge of declaring bankruptcy. Auto-parts companies may seek between $10 billion and $12 billion in cash and guarantees from the federal government as soon as this week.

//www.istockanalyst.com/article/viewarticle/articleid/2983496



Revolt brews in counties

Counties in California say they've had enough - and they aren't going to take it anymore. In what amounts to a Boston Tea Party-style revolt against the state Capitol, they're threatening to withhold money.

//www.sacbee.com/topstories/story/1600656.html


From Information Clearing House



//freepage.twoday.net/search?q=Bush+legacy
//freepage.twoday.net/search?q=bailout
//freepage.twoday.net/search?q=Wall+Street
//freepage.twoday.net/search?q=bankruptcy
//freepage.twoday.net/search?q=automaker

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