News Source: Palm Beach Post
| about 1 month ago
The man who watches over the $700 billion in government money given to banks and other institutions to avert a financial collapse says it's too early to say how much will be repaid to the taxpayers...That means more than $317 billion remains...
News Source: The Economic Times
| about 1 month ago
Geithner told Reuters in an interview, referring to the Troubled Asset Relief Program. Instead, the administration will focus on "more-targeted programs directed at what are the principal areas where there's still weakness in access to credit," he...
News Source: The Age
| about 1 month ago
On the other hand, the risk of foreclosure continues to affect too many Americans, unemployment continues its rise, and the stresses on the commercial real estate market threaten to increase the pressure on banks and small businesses alike yet again."...
News Source: Kansas City Star
| about 1 month ago
A government watchdog said the $700 billion bailout for the financial industry played a major role in rescuing the economy over the last year but also engendered anger and distrust among Americans because of secrecy and confusion about the way the...
News Source: Kansas City Star
| about 1 month ago
Small business boost President Barack Obama will announce today a new plan to increase credit and lending to small businesses, two administration officials said. Obama’s proposal will increase caps for existing Small Business Administration loans...
News Source: CNN
| about 1 month ago
to help small business get the cash they desperately need. The President will visit a small business in Maryland on Wednesday to present a series of initiatives aimed at increasing bank lending to small businesses, according to a White House official.