Your Search Returned 117 tagged news reports
And the Federal Reserve Bank guaranteed up to "$30 billion of losses from Bear's worst assets to make the deal palatable" to JP Morgan...The Democrats regarded the bailout as the consequence of years of deregulation under the Republicans. For the Republicans,...
Tags: Merrill, Lehman, wall street, Goldman Sachs, Hank Paulson, US Treasury, New York City, Subprime mortgage crisis, economics, Henry Paulson, Bear Stearns, Troubled Asset Relief Program, Primary dealers, Financial crises, Business Finance
Fed says Nine of the 10 institutions ordered to raise more capital after this spring's 'stress tests' have reached their goals, the central bank reports...The Fed led the effort to put the 19 largest U.S. bank holding companies through so-called stress...
Tags: Federal Reserve, stressed test, GMAC, General Motors, federal reserves, fed says, US Treasury, Treasury Department
A "choppy" and "uneven" U.S. economic recovery is under way, Treasury Secretary Timothy Geithner said Sunday. Appearing on NBC's "Meet the Press," Geithner said encouraging economic signs are emerging, but warned a recovery "could be a little choppy,...
Tags: Timothy Geithner, US Treasury, treasury secretary, secretary timothy, Tim Geithner, NBC, U.S, economic growth
Sheila Bair , chairwoman of the Federal Deposit Insurance Corp., told House committee members she disagreed with key points of a Treasury reform initiative. Hours after Treasury Secretary Timothy Geithner testified before the House Financial Services...
Tags: Timothy Geithner, Treasury Department, US Treasury, U.S. Eyes Power, treasury secretary, secretary timothy, House Financial Services Committee, financial firms, An Obama, obama administration
If you thought last year’s federal budget deficit was pretty big, you were right—and it’s three times as big now! Thanks to the magic of the recession, as well as the government’s attempts to rescue various sectors of the economy (and throw money at others,...
Tags: Treasury Department, Treasurys, Treasury International Capital Data, US Treasury, U.S, budget deficit, foreigners purchases, billion dollar, foreigners demand, net foreigners
It also criticised the rapid build-up of China's foreign exchange reserves in a report to the US Congress. The Treasury said it had serious concerns about the rigidity of China's exchange rate. But it stopped short of accusing China of currency manipulation,...
Tags: China, U.S. Treasury, Treasury Department, US Treasury, foreign exchange, gain unfair, exchange rate, global economy, exchange reserves, currency manipulation
The inspector general who oversees the government’s bailout of the banking system is criticizing the Treasury Department for some misleading public statements last fall and raising the possibility that it had unfairly disbursed money to the biggest banks....
Tags: Treasury Department, inspector general, US Treasury, Henry Paulson, Federal Reserve, U.S, treasury secretary, Neil Barofsky, secretary henry, general neil
Administration officials said the program could eventually expand to $40 billion, a fraction of what was initially envisioned by the Obama administration...The fund is then eligible for even more funding in the form of a favorable government loan. While...
Tags: toxic assets, Public-Private Investment Funds, Treasury Department, US Treasury
A spokesperson for the US Department of Treasury estimates that there is $16.7 billion worth of mature US Savings Bonds that have never been redeemed. US Savings Bonds are sold by the US government to make money for the government. The bonds never...
Tags: US Savings Bonds, US Treasury
Six major trade associations urged Senate leaders to quickly to raise the $12.1 trillion cap on the national debt, a move that will undoubtedly cause political headaches for Democrats facing serious questions about the cost of health care reform. Treasury...
Tags: US Treasury, treasury secretary, Timothy Geithner Thursday, U.S, secretary timothy, Wall Street, rescue efforts, government rescue