Tarp :: Germany
| updated Thu Dec 03 16:47:36 -0800 2009
| business-news
Obama vows to tackle jobs challenge head-on President Barack Obama on Thursday urged corporate America to help tackle the nation's highest unemployment in 26 years but also hinted at federal tax credits and aid to states to ease jobless woes....
Tarp :: Germany
| updated Thu Dec 03 16:06:29 -0800 2009
| business-news
The fresh capital injection will restore Union Credit, which has been posting big losses from real estate loans, to a well-capitalized bank under all regulatory guidelines. Apollo is a Coral Gables-based bank holding company formed last year by South Florida...
Tarp :: Germany
| updated Thu Dec 03 13:04:27 -0800 2009
| business-news
Bank of America ( BAC , Fortune 500 ) said late Wednesday it will raise $20 billion in new capital to repay its Troubled Asset Relief Program obligations. After BofA extinguishes its $45 billion loan, just two of last fall's...
Tarp :: Germany
| updated Fri Dec 04 08:40:02 -0800 2009
| business-news
Senate confirmation vote on a second four-year term as chairman of the Federal Reserve, Ben S. Bernanke finds himself under attack from both ends of the political spectrum. Libertarian Rep. Ron Paul (R-Tex.), abetted by a number of liberal Democrats,...
Tarp :: Germany
| updated Fri Dec 04 00:49:41 -0800 2009
| business-news
Bank of America said Thursday that it raised $19.29 billion in a complex share sale to help pay back $45 billion in bailout funds. Repaying the money could help the ailing bank attract a new chief executive to replace Kenneth...
Tarp :: Germany
| updated Wed Dec 02 14:19:36 -0800 2009
| political-news
Most ideas for creating more jobs assume jobs will return when the economy recovers...A second stimulus would be helpful, especially directed at state governments that are now mounting an anti-stimulus package (tax increases, job cuts, service cuts) of over $200...
Tarp :: Germany
| updated Thu Dec 03 06:58:31 -0800 2009
| business-news
Professor Elizabeth Warren of Harvard Law School, details information on how poverty edges its way upward from the underclass citizens to middle class Americans...According to the latest revelations, 20 percent of Americans are unemployed, underemployed or just out of work,...
Tarp :: Germany
| updated Wed Dec 02 04:43:27 -0800 2009
| business-news
This week, without much fanfare, the House is expected to approve a bill mandating that the Treasury Department create a real-time electronic database of information related to the bailout. And for data warehousing and analysis firms, the bill could lead...
Tarp :: Germany
| updated Mon Nov 30 12:13:26 -0800 2009
| political-news
In contrast, the Obama administration's response to a crisis that is causing two million families a year to face the loss of their homes has been widely derided as ineffective. The programs so far have been voluntary plans that proved...
Tarp :: Germany
| updated Mon Nov 30 17:33:46 -0800 2009
| business-news
Most eyes will be on Bernanke, who will appear before the Senate Banking Committee on Thursday for a confirmation hearing for a second term as head of the central bank. Lawmakers across Capitol Hill have been increasingly critical of the...
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