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The Treasury Department has provided $1.15 billion to 42 banks in new payments from the government's $700 billion financial rescue fund. The department said Tuesday that the latest capital infusions went to banks in 25 states, including one in North Carolina:...
Tags: billion financial, Treasury Department, financial rescue, rescue fund, Nebraska, nebraska banks
The head of the government's $700 billion financial rescue program says the effort has made the nation's financial system more stable. Neel Kashkari, the assistant treasury secretary in charge of the bailout program, says the effort had made remarkable...
Tags: Neel Kashkari, rescue program, bailout program, remarkable progress, treasury secretary, assistant treasury, billion financial, Congress, financial rescue
In passing the $700 billion financial system bailout package, Congress insisted on naming watchdog officials and creating a panel to scrutinize how the money is spent. Yet, oversight of the plan is just getting started after two months have passed and...
The government has supplied $3.84 billion to 35 banks in a third round of payments from the $700 billion financial system rescue program. The Treasury Department said Tuesday that it authorized the payments on Friday, bringing the total supplied to banks...
Tags: Treasury Department, billion financial, total supplied, rescue program, bailout pot
The bank said it plans to use the capital to expand lending and other business capabilities, and may also explore potential acquisitions. "Our participation in the Capital Purchase Program enhances SunTrust's already solid capital position and will permit...
Tags: 700 billion, Treasury, billion financial, stock purchases, financial rescue, large financial, financial companies, rescue package, package passed
Stocks ended a volatile week with another sell-off Friday while credit markets remained strained after enthusiasm over the government's $700 billion financial rescue plan gave way to worries about obstacles still facing the economy. Investors dumped stocks...
Tags: rescue plan, financial rescue, billion financial, wall street, volatile week, market remained, remained strained, jones industrials, plan gave, oks plan
House edged closer toward a final vote Friday on the $700 billion financial rescue package it rejected on Monday. Congressional leaders were still counting votes, but expressed confidence that they would be able to muster the support they need to get...
Tags: U.S. House of Representatives, House Republican, Michigan House, US House, wall street, Congress, Barack Obama, billion financial, billion rescue, Joe Knollenberg
NZ sharemarket quiet as news sought Thursday October 2, 10:53 AM The New Zealand sharemarket open in a quiet, but positive frame of mind this morning, rising 0.304 percent in the first 20 minutes of trading. The NZX-50 index kicked off at 3187.961 and...
Tags: stock, government, plan, share, Senate, senate votes, stock head, billion financial, U.S, sector bailout