Stress Tests for Wall Street -- What About the Billions in off-the-Books Toxic Assets? (WATCH)

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Monday April 06, 2009 · 9:22 AM PDT

2009/04/06 · 09:22

At the center of President Obama's overhaul strategy for Wall Street are the "stress tests" which will be applied to all financial institutions. But how accurate will the test results be? That will depend on whether the treasury takes off-balance-sheet assets into account, experts say.

This Danielle Ivory, reporting for the American News Project and Alternet.

Back in February, in the House Financial Service Committee, when asked a question about the value of Citigroup's assets, CEO Vikram Pandit provided a less-than-clear response: "It's an extraordinarily difficult question."

Click the video below to WATCH the exchange between Rep. Louis Gutierrez (D-IL) and Vikram Pandit.

Danielle Ivory

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Friday January 30, 2009 · 1:20 PM PST

2009/01/30 · 13:20

Congress and the new administration focus on strengthening oversight for the Treasury’s TARP program, but meanwhile few are paying any attention to the Federal Reserve. Since September, the Fed has lent out about $2 trillion, but it won’t reveal the names of the recipients. And while the Treasury’s bailout package has a $700 billion cap, there’s no limit to how much money the Fed can lend. I sat down with Washington newcomer, Congressman Alan Grayson (D-FL), who is picking a fight with Fed Chairman Ben Bernanke and Vice Chairman Donald Kohn.

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ANP (VIDEO): Paulson's $140 Billion Surprise

Danielle Ivory

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Tuesday January 27, 2009 · 1:52 PM PST

2009/01/27 · 13:52

It's a little-known story about the financial crisis. During the frenzied events of the fall, Henry Paulson rewrote a piece of the tax code to expedite mergers. The quiet alteration amounts to an estimated $140 billion windfall for big banks. Some critics say Paulson's move was too autocratic, others argue that it was much more than that-that it was downright illegal. Will Tim Geithner and the Democrats attempt to correct the wrong?

http://americannewsproject.com/...

ANP (VIDEO): Kingston and the Coal Lobby's Everlasting Grip on the EPA?

Danielle Ivory

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Monday January 26, 2009 · 3:53 PM PST

2009/01/26 · 15:53

In March of 2000, during the last days of the Clinton administration, the EPA decided coal ash was a hazardous waste. But then, two months later, it flipped.

If the EPA had stuck to its guns, the Kingston Coal Ash disaster in Tennessee might have been averted.

Now, momentum is building to federally regulate coal ash. Will the EPA make the same mistake twice?

Watch on the American News Project site.

Watch on Youtube.

ANP (VIDEO): Bailed-Out Bank CEO Says Bailout Failing Community Banks

Danielle Ivory

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Thursday January 22, 2009 · 9:14 AM PST

2009/01/22 · 09:14

As another $350 billion floods out of the Treasury, the American News Project looks at one small bailed-out bank.

Eagle Bank, a community bank headquartered in Maryland, received many millions of dollars of TARP money, but is having trouble making loans.

Its CEO, Ron Paul, says that the government has not taken fleeing depositors into account (particularly considering the $250,000 FDIC insurance limit) and, as a result, small banks and their surrounding communities will suffer.

This is a national problem. Nearly 200 small banks have received bailout infusions under $100 million.

Follow Danielle's reporting on twitter.

Watch at the American News Project.

Watch on YouTube.

Danielle Ivory

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Tuesday November 04, 2008 · 4:48 PM PST

2008/11/04 · 16:48

Hi, I'm a journalist with the American News Project in DC. I'm in Philly, where I've been covering voting issues for the past few weeks. Today, voting expert Steven Rosenfeld (of Alternet) and I visited the polls and found something quite bizarre.

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Stress Tests for Wall Street -- What About the Billions in off-the-Books Toxic Assets? (WATCH)

ANP (VIDEO): Fed Lends Two Trillion Without Oversight

ANP (VIDEO): Paulson's $140 Billion Surprise

ANP (VIDEO): Kingston and the Coal Lobby's Everlasting Grip on the EPA?

ANP (VIDEO): Bailed-Out Bank CEO Says Bailout Failing Community Banks

PA: Registered Voters Forced to Vote Provisionally (Democratic Election Officials Eat Their Own?)