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

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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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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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Leaving a job: Do you have to repay relocation? - CBS News

First of all, don't just up and quit.Finding a new job is much easier when you have a job. Even if your boss is a screaming banshee, you can probably tough it out for a little longer -- at least ...

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AIG to Fully Repay U.S. Government - CBS News

The government will wind down its largest and most complex rescue from the 2008 financial crisis, a $182 billion package to save insurer AIG, by selling stock over the next two years.

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7 smart ways to repay your student loans - CBS News

7 smart ways to repay your student loans. By Lynn O'Shaughnessy June 30, 2014 / 5:30 AM / Moneywatch.com For new college graduates who borrowed to help pay for their bachelor's degrees, the clock ...

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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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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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Citigroup To Cut 10,400 Jobs - CBS News

Financial services giant Citigroup Inc. said Tuesday it would cut 10,400 jobs, or 6 percent of its global work force, and take a restructuring charge of $900 million.

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What's Happening At Citigroup? - CBS News

Fortunately for Citi, it's not all that bad. The bank turned a profit in the first quarter (albeit dubiously), and the big hires with guaranteed bonus checks should pay off in terms of real ...

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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 names co-presidents - CBS News

Citigroup names co-presidents. ... naming co-presidents on Monday. ... Forese will be responsible for all of Citi's institutional businesses, and Medina-Mora will continue to oversee global ...

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Citigroup President Resigns - CBS News

Citigroup's stock slid 4.26 percent Monday, the day after the company abruptly announced that Jamie Dimon, 42-year-old president and heir apparent to co-CEO Sandy Weill, is leaving the group.

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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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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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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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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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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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