TARP

Foreclosure Victims Slapped In The Face Again

by Rob K. Blake | April 19, 2009

Image via Wikipedia On Wednesday this week, the Obama administration announced which companies would get the initial outlay of government money to help those homeowners fighting foreclosure. I have written on BiggerPockets Blog back when the sorrowfully small amount allocated for Obama’s loan modification programs was announced a few weeks back calling the $50 billion [...]

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Commentary

Obama to Detail Housing Bailout Plan on Wednesday

by Joshua Dorkin | February 16, 2009

So far, we’ve tackled the subprime lending crisis (and failed), the credit crisis (and failed), we’ve got a TARP, a Stimulus Package, Trillions of dollars in borrowed debt repayments as a result, and from what the Wall Street Journal tells us, we’ll learn about the President’s Housing Bailout Package – aka. Foreclosures R US, on [...]

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Commentary

Shame on Barney Frank – Democrats No Help To Foreclosure Victims Either

by Rob K. Blake | January 10, 2009

I have written here on BiggerPockets extensively on the complete lopsidedness of the banking bailout and how the preference was given early on to helping Wall Street fat-cats over Main Street foreclosure victims. The bailout bill created the Trouble Asset Relief Program (TARP), funded it with $750 Billion of which about $350 Billion still remain [...]

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Commentary

President Bush Orders Auto Maker Bailout…As Predicted Here!

by Rob K. Blake | December 20, 2008

As I predicted last week here on the BiggerPockets Blog, the President told the press this afternoon he ordered the Treasury to bailout the automakers. In my post entitled, Can Hank Paulson Use TARP Funds To Bail Out Auto-Makers?, I foretold this action a week in advance. Surprisingly I received a few comments chiding me [...]

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Commentary

Can Hank Paulson Use TARP Funds To Bail Out Auto-Makers?

by Rob K. Blake | December 13, 2008

So just in case you’ve been living in a cave this week, Congress is struggling to figure out how to bailout the big three automakers. The House passed a bill which died in the Senate late Thursday night. The reports of the bill’s demise reached the White House where it was rumored the Treasury Secretary [...]

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