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Leave banks out of student loans; give students the bailout
The biggest players in this student loan game have historically been commercial banks and private lenders. But that game has changed as of last Thursday. The House of Representatives voted along party...
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Barbershop Buzz – executive compensation; how much is too much?
This week, the AFL-CIO protested at The American Banking Association Convention in Chicago. Does it make sense for CEO’s to get bonuses in companies that were bailed out by the government? Some of the...
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$70 billion in unused bailout money can fund jobs bill
ALLENTOWN, Penn. (AP) — President Barack Obama’s options for spurring job growth may be limited by out-of-control budget deficits, but with the unemployment rate hovering at 10 percent he is warming to...
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Bankers' bonuses benefit Main Street
It isn’t often that one of the least popular governors in the nation says something to earn himself enthusiastic applause and modestly positive press. That scenario materialized last week as New York...
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1/15/10 – theGrio & CNBC Market Wrap Up
TheGrio and CNBC team up to deliver a weekly wrap up of money matters and market updates for our community. CNBC’s Shartia Brantley reports: The earnings season started with mixed results as Alcoa, a...
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US auto industry rebounds with Obama in the driver's seat
President Barack Obama gained some bragging rights this week. The emergence of General Motors by way of a $20.1 billion dollar initial public offering (IPO) was a shot heard around the world. The IPO...
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Rep. Waters wants ethics committee investigated
WASHINGTON (AP) — Rep. Maxine Waters will ask the House to investigate the ethics committee’s decision to place two of its lawyers on administrative leave. The personnel action has delayed her ethics...
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Clint Eastwood: I am not 'politically affiliated with Mr. Obama'
After a Chrysler Super Bowl ad starring Clint Eastwood became something of a political football, the Oscar-winning star decided to weigh in on its significance. Eastwood, a Republican, insisted that he...
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Clint Eastwood commercial makes huge splash in Detroit, stirs political...
DETROIT – Shortly after Madonna’s halftime performance at Super Bowl XLVI ended, Chrysler aired a poignant commercial starring veteran actor Clint Eastwood as he declared it “Halftime in America.” The...
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Obama: Politicians rewriting history on autos
WASHINGTON (AP) — President Barack Obama proudly embraced his auto industry bailout Tuesday, telling a labor audience that assertions by his Republican critics that union members profited from...
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Obama aides, Michigan leaders to discuss Detroit help
DETROIT (AP) — Four of President Barack Obama’s top advisers will converge on Detroit Friday to meet privately with state and local leaders about ways the federal government can help the bankrupt city...
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