Resources
BNET Resources
- sort by:
- Relevance
- Date
- Popularity
- U.S. Oversight Panel Chief: TARP Not a "slush Fund"
- WASHINGTON (Reuters) - The Treasury must seek Congressional approval if it wants to funnel some of its $700 billion bailout fund to jobs programs that do not involve financial services firms as intermediaries, a key overseer said on Wednesday.Elizabeth Warren, chairman of the Congressional Oversight Panel, told CNBC television that...
- News items 2009-12-16
- Old Chrysler Plan Earmarks Nothing For TARP Repay
- NEW YORK (Reuters) - The U.S. Treasury will not recover any portion of the $3.7 billion still outstanding in loans it made to automaker Chrysler under the Troubled Asset Relief Program, according to the terms of a plan filed with bankruptcy court on Tuesday.The U.S. government has filed proofs of...
- News items 2009-12-16
- Wells Fargo Sells $10.65 Billion in Stock to Exit TARP
- By Elinor ComlayNEW YORK (Reuters) - Wells Fargo & Co WFC sold $10.65 billion in stock on Tuesday to help repay a $25 billion bailout received from the U.S. government last year.Wells Fargo sold its shares at $25 each, about 2 percent below their closing share price on Monday of...
- News items 2009-12-16
- Citigroup, Wells Fargo to Pay Back U.S.
- By Dan WilchinsNEW YORK (Reuters) - Citigroup Inc and Wells Fargo & Co said they were paying back funds to the U.S. government, in transactions that will end taxpayers' capital support of the biggest U.S. banks much sooner than had been expected just weeks ago.With regulators signing off on the...
- News items 2009-12-16
- Geithner: TARP to Earn Healthy Profit For U.S
- WASHINGTON (Reuters) - Plans from Wells Fargo & Co and Citigroup to repay taxpayer funds will put the U.S. government on track to reduce its bailout investments in banks by more than 75 percent, while earning a healthy profit for the U.S., Treasury Secretary Timothy Geithner said on Monday."With the...
- News items 2009-12-16
- Obama Plans TARP Aid For Small Businesses: Report
- WASHINGTON (Reuters) - The Obama administration plans to channel money from the government financial bailout fund to small businesses in an effort to stem the political and economic fallout of high unemployment, the Washington Post said in its Friday editions.The Post quoted unnamed sources as saying the White House is...
- News items 2009-12-16
- Citi TARP Talks Uncertain, Says Treasury Official: Report
- NEW YORK (Reuters) - Citigroup Inc's negotiations to exit TARP are uncertain, but headed in the right direction, a Treasury official told television network CNBC.The Treasury official told CNBC that Citigroup was likely to strike a deal soon.Citigroup plans to pay back TARP by raising money in an equity offering...
- News items 2009-12-16
- Citi Could Sell $20 Bln of Shares Soon: Report
- NEW YORK (Reuters) - Citigroup Inc C plans to pay back TARP by raising money in an equity offering that could be announced as early as Thursday and could be some $20 billion, television network CNBC reported, citing sources.Earlier on Wednesday, the bank's chairman, Dick Parsons, told CNBC that Citigroup...
- News items 2009-12-16
- U.S. Extends Bailout Fund, Sees Economic Challenges
- By David LawderWASHINGTON (Reuters) - Treasury Secretary Timothy Geithner on Wednesday extended the government's $700 billion financial bailout fund to October next year, saying the economy still faced "significant challenges."Geithner, in letters to congressional leaders, pledged to deploy no more than $550 billion from the Troubled Asset Relief Program, allowing...
- News items 2009-12-16
- Obama to Extend Bailout Fund
- By David LawderWASHINGTON (Reuters) - The Obama administration plans to announce on Wednesday that it intends to extend the life of the $700 billion financial bailout fund until next October, administration officials said on Tuesday.One official said the administration was expected to pledge to use no more than $560 billion...
- News items 2009-12-16
- U.S. Bailout Fund Left Many Problems Unsolved: Watchdog
- By David LawderWASHINGTON (Reuters) - The U.S. government's $700 billion bailout program helped stabilize the financial system, but has done little to boost lending or stave off millions of home foreclosures, a government watchdog group said on Wednesday.The Congressional Oversight Panel's new monthly report on the Troubled Asset Relief Program...
- News items 2009-12-16
- Wells Fargo Keeps Mum on TARP Repayment Plans
- NEW YORK (Reuters) - Wells Fargo & Co WFC, one of the few major banks that has yet to return bailout funds to the U.S. government, still plans to return its $25 billion as soon as practical, but Chief Executive John Stumpf at a conference on Tuesday did not give...
- News items 2009-12-16
- U.S. Bank Bailout Estimate Cut By $200 Billion
- By Glenn SomervilleWASHINGTON (Reuters) - The projected long-term cost of the U.S. government's bailout of the nation's big banks is going to be at least $200 billion less than previously thought, a Treasury Department official said on Sunday night.The Obama administration had estimated the cost to taxpayers of the $700-billion...
- News items 2009-12-16
- Citi Seeks Government Nod to Repay Taxpayers: Report
- NEW YORK (Reuters) - Citigroup Inc C is trying to persuade the U.S. government to allow it to repay $20 billion in taxpayer funds before a window to launch a share sale effectively shuts by the middle of next week, the Financial Times reported on Sunday.Citigroup has until December 14...
- News items 2009-12-16
- Bank Bailout: Treasury Wrestles With Making Good to Taxpayers
- Wondering how U.S. taxpayers are making out on our massive investment in financial institutions via the federal Troubled Asset Relief Program? Thus far, not so hot. The Congressional Oversight Panel, which lawmakers created last fall to monitor the progress of financial reform, said in a report released...
- Blog posts 2009-07-13
- Lending Rises Among Banks That Raised Government Funds
- As the credit markets were seizing up last fall, the Treasury Department established the so-called Capital Purchase Program to stimulate bank lending. Has it worked? About as well as could be expected. In the second quarter, banks that raised money through the program made an aggregate $287...
- Blog posts 2009-10-08
- Pay Czar: Company Comp Plans Were Flawed
- Pay "czar" Kenneth Feinberg says seven large TARP-funded companies must do more to tie executive pay to long-term corporate performance by Alain Sherter
- Blog posts 2009-10-28
- AIG Bailout Is Both Criticized and Justified by TARP Report
- Congress, journalists and former American International Group CEO Hank Greenberg all agree that the November 2008 deal between the New York Federal Reserve and AIG's creditors was sleazy or just plain stupid. Now the special inspector general for the Troubled Asset Relief Program, Neil Barofsky, has weighed in with his report. It both...
- Blog posts 2009-11-17
- Majority Of U.S. Banks May Suffer As Bank of America, Citi Near TARP Payback
- Those who are impatient to see an end to government bailout packages ought to be careful about what they wish for. by Daniel M. Harrison
- Blog posts 2009-12-03
- Citigroup, Wells Fargo Itching to Repay TARP Funds
- With Bank of America BAC moving to repay its TARP loans, Citigroup and Wells Fargo are bucking to settle their own debts and get out from under the government's thumb. Yet the banking giants are at odds with federal authorities over how much capital they need to...
- Blog posts 2009-12-08
- << Previous
- page 1 of 4
- Next >>
Content Types
Refining Tags
- Bank (36 results)
- Financial Services (30 results)
- Citigroup Inc. (19 results)
- Finance (16 results)
- Bank Of America Corp. (16 results)
- Government (12 results)
- Seeking Alpha (11 results)
- Earnings (10 results)
- Us (10 results)
- Jill Schlesinger (10 results)
- Wells Fargo & Co. (10 results)
- Bailout (10 results)
- Call Transcript (10 results)
- Alain Sherter (7 results)
- Daniel M. Harrison (7 results)
- Business Operations (6 results)
- Obama Administration (5 results)
- Financial (5 results)
- Vertical Industries (5 results)
- American International Group Inc. (5 results)
- Financial Accounting (5 results)
- Timothy Geithner (5 results)
- Personal Finance (4 results)
- Financial Planning (4 results)
- PNC Financial Services Group Inc. (4 results)
- John Keefe (4 results)
- Goldman Sachs Group Inc. (4 results)
- J.P. Morgan Chase & Co. (4 results)
- Treasury (4 results)
- Federal Reserve Board (3 results)
- Warrant (3 results)
- Insurance (3 results)
- Small Business (3 results)
- Oukbs (3 results)
- Corporate Insurance (3 results)
- Ed Leefeldt (3 results)
- Morgan Stanley (3 results)
- Human Resources (3 results)
- Investment (3 results)
Presented by American Express