Obama Must Confront Complexity in Structuring New Fee

Business Week by Hans Nichols, Ryan Donmoyer | Jan. 12, 2010 (News Report)

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 the deficit, according to an administration official. Full Story »

Posted by Kaizar Campwala - via Business Week , Google News (U.S.)

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Subjects: U.S., Politics, Business
Topics: U.S. Budget, Obama Administration, Finance, Taxes
Member Tags: US, nation
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# Diggs: 12 (as of 2010-01-12)
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Posted by: Posted by Kaizar Campwala - Jan 12, 2010 - 6:03 AM PST
Reviewed by: Kaizar Campwala (review), Richard Riehl (review)
Content Type: Article
Edit Lock: This story can be edited
Edited by: Kaizar Campwala - Jan 12, 2010 - 7:22 AM PST
Related Comments: Obama Administration (3)

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Kaizar Campwala
3.6
 by Kaizar Campwala - Jan. 12, 2010

Decent sources who highlight the challenge in trying to levy fees on banks. But without a proposal to critique, it's a little empty.

Kaizar posted this story.
See Full Review » (11 answers)
Richard Riehl
4.0
 by Richard Riehl - Jan. 13, 2010

A good overview of what the challenges are to the administration in its efforts to calm the political storm created by the huge profits banks are making while unemployment stands at 10%.

See Full Review » (19 answers)

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  • Obama Administration Considers Fee on Banks to Recoup Bailout Funds

    Wall Street Journal by Deborah Solomon, Damian Paletta | Jan. 11, 2010 (News Report)
    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 ...
    Posted by Kaizar Campwala
    3.8
     See Reviews »
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