Troubled ASSET RELIEF PROGRAM
Financial rescue plan aimed at restoring liquidity to the financial markets
Committed : $11 trillion (total)
Invested: $3 trillion (total)
Archive
Italy agrees to €17bn bailout of two more banks in biggest ever rescue plan
(26.6.2017) Depositors were at risk so the state had to stop in to to save Banca Popolare di Vicenza and Veneto Banca, Prime Minister Paolo Gentiloni said
New Spanish PM seeks government without hard-left Podemos
Podemos, which helped Sanchez to oust Rajoy, said it wants to be in the government. The anti-austerity party wants generous welfare policies and tougher regulations and taxes on banks.
Nomination for Bank of Italy Governor Thrown Into Disarray
(18.10.2017) The move to oust Visco comes at a sensitive time for Italy and the euro area. The ECB, where he sits on the Governing Council, is due to meet next week to try and agree on how and when it can wind down its bond-buying program.
Contribute now to Tim Canova for Congress
Our politics and economy are increasingly rigged in favor of Wall Street banks and giant corporations. All too often, elected officials represent these narrow special interests rather than the rest of us. We must challenge this business as usual and demand accountability. Let’s take back our country and restore our democracy.
Revealed: how the FBI coordinated the crackdown on Occupy
(29.12.2012) New documents prove what was once dismissed as paranoid fantasy: totally integrated corporate-state repression of dissent