Obama forces GM CEO Rick Wagoner to resign
Monday, March 30. The Obama administration has forced Rick Wagoner, the chairman and CEO of General Motors, to stand down. The move has been described by pundits as
the most dramatic interference President Barack Obama… [continued]
Tim Geithner outlines plans to discipline Wall Street 
The arguments against slashing interest rates and saving car plants
Obama and Geithner to claw back AIG bonuses, but is it too late?
Wednesday, March 18. US Treasury Secretary Tim Geithner today announced that failing US insurer AIG would be forced to pay back bonuses it was due to award staff
courtesy of a taxpayer bailout. The announcement has mollified many pundits who had been highly critical of the Obama… [continued]
How the British taxpayer can claw back Sir Fred Goodwin's pension
Cockburn: America's empty malls speak of growing hardship
Four weeks into the presidency and already the pundits are moaning
Monday, February 16. With Barack Obama now four weeks into his presidency, what has he achieved? He has already put in motion the closure of Guantanamo Bay,
made huge diplomatic progress with Iran and pushed through a near $900bn economic stimulus. His approval rating among the American public remains around… [continued]
Bill Richardson withdraws
Tim Geithner runs into tax trouble
Tom Daschle withdraws, Obama admits he ‘screwed up’
Obama’s economic stimulus gets through Senate – just
Judd Gregg withdraws
Geithner unimpressive at $3tr bailout launch
Wednesday, February 11. US Treasury Secretary Timothy Geithner yesterday announced the provision of a possible further $3 trillion bail-out funds for the American
economy. Unfortunately for Geithner, his plans were so confusing that even experienced… [continued]
Tim Geithner runs into Senate confirmation trouble
The Senate narrowly passes Obama’s economic stimulus plan
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