When Congress passed the $700 billion dollar bailout, the whole idea was to buy failed mortgage assets. But once the bill became law on October 3, Henry Paulson's Treasury Department moved quickly ...
When Congress passed the $700 billion dollar bailout, the whole idea was to buy failed mortgage assets. But once the bill became law on October 3, Henry Paulson's Treasury Department moved quickly ...
Stonesifer calls the staff of more than 100 cyber-savvy road warriors the "Internet Peace Corps." They're halfway to plugging every library into the Internet.
The federal government is facing a lawsuit over billions in unclaimed bonds that date back to the patriotic fundraising efforts of World War II, leading to a showdown between states who say they ...
The better solution is a simple one: Allow automakers to declare bankruptcy. Contrary to popular belief, that will not mean the end of a company such as GM, which has indicated it may run out of ...
The Treasury Department sank billions into auto finance giant GMAC Inc. without an exit strategy or proof the company was viable - a decision that could cost taxpayers $6.3 billion, a new watchdog ...
At Bank of New York Mellon Corp., chief executive Robert P. Kelly's stipend for financial planning services came to $66,748, on top of his $975,000 salary and $7.5 million bonus. His car and ...
Treasury prices $5B sale of AIG stock Fed sells toxic AIG assets to European banks AIG to pay all 50 states in $146.5 million settlement "This is a major milestone for the Bank and for the public ...
Pennies for Haiti, Billions for Israel, Egypt. By Charles Cooper ... With the U.S. fighting back from recession and Haiti laid waste by ill fortune, here's a chance to do a lot of good without ...
Flu season could cost businesses billions this year. ... fast-acting drug offers novel way to combat flu virus; After five of its seven employees called out sick last month, Cherri's Chocol'art in ...
The $3.6 billion Commander's Emergency Response Program provided military units with ready cash for projects, and paid for Sunni fighters who agreed to turn against al Qaeda in Iraq for a monthly ...
Pressure on Spain eases, but bailout still likely. ... helped avert a short-term credit crunch by reducing banks' reliance on markets for funding. ... The famed swoosh logo will be on the front of ...
Citigroup Inc. said Monday it is repaying $20 billion in public bailout money, freeing the banking giant from the close scrutiny and pay restrictions that came with the rescue program. The ...
The U.S. Department of Justice is reported to be pressuring New York City-based Citigroup to pay as much as $10 billion in penalties for allegedly misleading investors about the quality of ...
Acting at Barack Obama's behest, President George W. Bush on Monday asked Congress for the final $350 billion in the financial bailout fund, effectively ceding economic reins to the president ...
BRUSSELS (AP) - Finance ministers from the 17 countries that use the euro unanimously approved Friday the terms for a bailout loan for Spanish banks of up to euro100 billion ($122.9 billion).
UK Offers Bailout Funds to HSBC, Seven Other Banks. ... Abbey and Standard Chartered will be likely to turn down the equity-raising option. ... (free registration) ...
JPMorgan, AmEx Seek To Pay Back Bailout. ... JPMorgan said Monday it plans to raise $5 billion through a common stock offering as it seeks to repay the $25 billion that the bank was awarded under ...
New Rules For Companies Receiving Bailout Funds. By Kevin Hechtkopf ... investments or to programs already announced such as the Capital Purchase Program and the Term Asset-Backed Securities Loan ...
Bailout Money Flows Despite Treasury Claims. ... Treasury's authority to spend more from the $700 billion fund expired on Oct. 3. ... The Pursuing Equity in Mental Health Act of 2019 proposes over ...
Bush, Lawmakers Rush Forward Bailout Plan. ... It also would require that the government come up with "a systematic approach for preventing foreclosure" on the mortgages it acquires as part of the ...