AIG repays $53B in bailout loans - CBS News

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AIG repays $53B in bailout loans - CBS News

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 ...

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Big Three Bailout? Not So Fast - CBS News

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 ...

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Where Did The Bailout Billions Really Go? - CBS News

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 ...

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$1.6B Of Bank Bailout Went To Execs - CBS News

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 ...

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GMAC Bailout May Add $6.3B to Public's Tab - CBS News

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 ...

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Pressure on Spain eases, but bailout still likely - CBS News

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 ...

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Citigroup to Repay $20B in Bailout Money - CBS News

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 ...

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JPMorgan, AmEx Seek To Pay Back Bailout - CBS News

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 ...

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Bush Agrees To Obama Bailout Request - CBS News

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 ...

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Bailout Money Flows Despite Treasury Claims - CBS News

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 ...

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Eurozone OKs terms of bailout for Spanish banks - CBS News

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).

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New Rules For Companies Receiving Bailout Funds - CBS News

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 ...

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UK Offers Bailout Funds to HSBC, Seven Other Banks - CBS News

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) ...

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Bush, Lawmakers Rush Forward Bailout Plan - CBS News

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 ...

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Irish seek new EU credit line to ease bailout exit - CBS News

Irish seek new EU credit line to ease bailout exit. ... bond buyers to snap up new Irish securities at affordable rates. ... support to ensure that its end to reliance on EU-IMF loans "is a good ...

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