55 companies miss payment of TARP dividends: study
OPS_admin | Dec 26, 2009 | Comments 0
Fifty-five financial companies failed to pay dividends in November on money they borrowed from the U.S. government, bank research firm SNL said on Wednesday.
That number swelled from 33 companies that missed an August payment on government funds, according to an SNL analysis of government data.
The rising dividend deferrals signal that even as some banks are deemed healthy enough to repay the United States — Wells Fargo & Co (WFC.N), for example, said on Wednesday that it gave $25 billion back to the government — many others are struggling.
U.S. regulators have closed 140 banks this year, the most since 1992, as a real estate downturn and broader credit crunch have hobbled many banks' balance sheets.
Full Story 55 companies miss payment of TARP dividends: study – Yahoo! News.
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The oligarchs openly talking about a coup d'état in America?
Multi-millionaire lobbyist Grover Norquist is calling for the impeachment of President Obama. In an interview with the right-wing National Journal - Norquist warned that if President Obama wins re-election and decides to let the Bush tax cuts for the top 2% expire at the end of the year - then Republicans will "have enough votes in the Senate in 2014 to impeach [him]."What does that mean? It means that the super rich in America - and their political operatives like Norquist in Washington, DC - have now compared a tiny tax increase on the wealthy to high crimes and treason - the only Constitutional basis Congress can use to impeach a President. It sounds like the oligarchs are now openly talking about a coup d'état in America.-Thom(Do you think will try it? Tell us here.) -
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" We the corporations" On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. __________
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. 
