Your Search Returned 18 tagged news reports
The U.S. financial system remains fragile a year after a bank bailout program was initiated and the government needs to be ready to step in to help more if necessary, a senior U.S. Treasury department official said on Thursday. "The recovery has just...
Tags: U.S. Treasury, relief program, financial bailout, troubled asset, financial sector, asset relief, bailout fund, Congress, near collapse, rescue plan, Germany, Tarp
President Barack Obama vowed late on Monday to work with distressed US banks to "clean up" their balance sheets and unclog blocked credit lines, as his Treasury team readied a new bailout plan. Obama previewed Treasury Secretary Timothy Geithner's announcement...
Tags: Obama, Timothy Geithner, Treasury, treasury secretary, obama administration, secretary timothy, financial bailout, private sector, private investors
Rep. Betsy Markey said she'll vote against releasing the last half of a $700 billion financial bailout package approved last year by Congress. I do not support releasing the second half of the bailout money, and I will vote against it, the Fort Collins...
Tags: bailout funds, Betsy Markey, financial bailout, bailout money
From correspondents in Washington January 16, 2009 08:15am US Senators have given approval for president-elect Barack Obama's incoming administration to spend the remaining $US350 billion ($528 billion) of a financial bailout package. The Democratic-led...
Tags: obama, billion dollars, bailout package, Senate, Barack Obama, financial bailout, U.S, senate approved
Economy starts `09 on weaker footing; outlook dim CAPITOL REPORT Fault lines emerge at Fed Fed chief lauds Obama’s plan, adds own ideas Use bailout balance to buy financial firms' toxic assets, Bernanke ... Banks need more federal money Use bailout...
President-elect Barack Obama's economic team is broadening the mission of the $700 billion bailout for the financial sector, aiming to unfreeze credit for homeowners, consumers, small businesses and local governments. The overhaul is aimed at the $350...
Tags: Barack Obama, House Financial Services Committee, bailout fund, Barney Frank, Bush, key lawmaker, impose conditions, bush administration, financial bailout, act soon
The Treasury Department opened the door Friday to using a Citigroup-style rescue package to help other troubled financial institutions. The financial lifeline thrown to Citigroup Inc. ( C , News ) in late November involved backing billions in risky assets...
Tags: Treasury Department, using sparingly, insurance program, financial institution, risky assets, bush administration, potential loss, Bush, Congress, financial bailout
First of all, let me just start by saying that this whole bailout business sucks. That being said, I need some help. Is there someone out there who can tell me why the terms of the financial bailout seem to be so different from the proposed terms of the...
Tags: bailouts, financial bailout, consequences
The government says it has just $15 billion left to spend from the first $350 billion pot of financial bailout money. The Treasury Department says $335 billion has been allocated from the first half of the $700 billion program, which was enacted on Oct....
Tags: Treasury Department, billion left, billion program, bailout money, financial bailout, 15b left, billion pot
The government must toughen its monitoring of the $700 billion financial bailout to ensure that banking institutions limit their top executives' pay and comply with other restrictions, federal auditors said Tuesday in the first comprehensive review of...
Tags: bailout, hearing, kashkari, Treasury Department, GAO Rains, Congress, financial bailout, banks institutions, National City Corp.