A new study revealed this week that income inequality in the U.S. is more severe today than at any time since World War I, and the current recession is taking its heaviest toll on the worst-off members of our society, reports Zach Carter. More...

Sixteen bank failures -- one-quarter of all bank failures in the United States so far this year -- have been reported in Georgia. Why are the state's banks so vulnerable? More...

Geithner and Bernanke's "don't worry, be happy" approach seems designed to lull the financial markets while making the case for additional use of taxpayer funds to prop up some of the banks. It also serves to blunt any calls for nationalization, Phil Mattera reports. More...

Zephyr Teachout has helped launch a group that believes banks should never be allowed to get 'too big to fail' -- and is organizing demonstrations across the South and country on April 11 to make the case. More...

MARCH 2009 | Seven Southern states received at least $100 million each thanks to taxpayer bailout money passed through insurance giant AIG. More...

The same week the feds authorize a $20 billion bailout to Bank of America -- making taxpayers its biggest stakeholder -- BoA subsidiary Countrywide candidly states in a New Hampshire court that its pledges to help struggling borrowers are only "vague advertisements." More...

Before the elections, banking giant Wachovia was teetering on the brink of collapse and asking for government help. How did it manage an $8 million bailout to the cash-strapped National Republican Congressional Committee? More...