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Bank bailout News

Canada's bank bailout concealed by government

A think-tank claimed that Canada's banks secretly received billions from the government to bail them out during the recession. Toronto Sun says this is pure leftist propaganda for the May 1st crowd and occupy protesters.

Op-Ed: Yuck — What the Federal Reserve did with all that money

Like most people I don't have enough time to keep up with everything that goes on in Washington. But now and then something comes along like the just released Federal Reserve documents and I'll devote a day trying to get to the facts.

New home construction confidence lacking, crash impacts new areas

Washington - For the fourth straight month, US home builders' lack of confidence over new home construction remains unchanged, impacting construction workers, who make up five percent of the nation’s private sector employment.

Sacked banker to get £650,000-a-year pension

Disgraced former boss of Royal Bank of Scotland (RBS), Sir Fred Goodwin has refused to give up a £650,000 a year pension despite widespread outrage.

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The headquarters of failed bank Landsbanki  in Iceland s capital Reykjavík.
The headquarters of failed bank Landsbanki, in Iceland's capital Reykjavík.
Wikimedia Commons - Christian Bickel