Obama Administration Considers Fee on Banks to Recoup Bailout Funds

The Obama administration is aiming to hit banks with a fee to recoup losses associated with the government's bailout of financial firms and the auto industry, administration officials say. Full Story »

Posted by Kaizar Campwala - via Slatest, Google News (U.S.)
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Posted by: Posted by Kaizar Campwala - Jan 11, 2010 - 12:08 PM PST
Content Type: Article
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Edited by: Kaizar Campwala - Jan 12, 2010 - 7:28 AM PST

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Derek Hawkins
3.8
by Derek Hawkins - Jan. 12, 2010

Appears the Journal has scooped the Post on this one, devoting an entire story to the prospect of a fee rather than a paragraph. Is it that big of a deal? I'm convinced. Although sourcing is deep background for the top half of this story, the discussion is detailed thorough enough. No surprise Frank went on the record, but his quote helped.

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Fabrice Florin
3.8
by Fabrice Florin - Jan. 12, 2010

Informative report on fees which the Obama Administration is considering for banks that benefitted from the TARP program. A bit speculative, since it's largely based on anonymous sources. But this article provides good context on this matter (see related WSJ story link).

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Kaizar Campwala
4.0
by Kaizar Campwala - Jan. 12, 2010

Solid reporting that objectively presents the Adminstration's motivations, as well as the perspective of bankers.

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  • Populist Anger Is Fueling Bid to Charge Banks - WSJ.com Pending

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  • Obama Must Confront Complexity in Structuring New Fee

    President Barack Obama plans to raise as much as $120 billion through a fee on financial institutions to help recoup losses from the Troubled Asset Relief Program and reduce ...
    Posted by Kaizar Campwala