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Posts related to ‘TARP’

New $100 Bill

TARP Payback Scorecard

Posted: May 10, 2013 at 11:35 am

Following the financial crisis of 2008, the U.S. Treasury was authorized to commit up to $700 billion to a Troubled Asset Relief Program -- TARP -- in an effort to ...
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US Treasury building

U.S. Treasury Initiates Sale of Remaining GM Stock

Posted: January 18, 2013 at 2:05 pm

When the U.S. Treasury and General Motors Co. (NYSE: GM) announced that GM had repurchased 200 million shares of Treasury-owned stock, the Treasury said it would sell the remaining 300 ...
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U.S. Treasury Collects Another $67 Million from TARP Bailouts

Posted: November 2, 2012 at 10:49 am

The U.S. Treasury Department today said that it will collect gross proceeds of $67 million from the sale of shares in 11 banks that received TARP bailout funds following the ...
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7 More Banks Pay Back TARP Bailout Money (TAYC, ABCB, FDEF, FFKT, LNBB, FCVA, UBMI)

Posted: June 14, 2012 at 8:56 am

The U.S. Treasury Department is that much closer to winding down the Troubled Asset Relief Program (TARP).  Today came word that over the last week it has received some $245 ...
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Treasury Sale of AIG Shares Hammers Share Price (AIG)

Posted: May 7, 2012 at 10:22 am

At one time US taxpayers owned more than 90% of American International Group Inc. (NYSE: AIG). Today taxpayers own about 63% of the insurance giant, following AIG’s purchase of about ...
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Regions Financial Repays TARP Funds (RF, ZION, AIG)

Posted: April 4, 2012 at 2:40 pm

The largest of the remaining institutions in the federal government’s Troubled Asset Relief Program (TARP) re-paid its $3.5 billion loan today. Regions Financial Corp. (NYSE: RF) has also paid US ...
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Plenty of TARP Recipients Still Delinquent

Posted: March 22, 2012 at 10:02 am

The federal government’s $700 billion Troubled Asset Relief Program (TARP) has recovered all but about $11 billion in the funds it distributed to US financial institutions in 2008 and 2009. ...
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The Last Stand Of “Too Big To Fail”

Posted: March 16, 2011 at 5:11 am

The Congressional Oversight Panel, which was established by Congress in late 2008 to oversee the $700 billion Troubled Asset Relief Program (TARP), today released its 30th and final oversight report. ...
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Panel Unfortunately Attacks Feinberg Wall St. Pay Program

Posted: February 10, 2011 at 5:33 am

"Pay Czar" Kenneth Feinberg failed to reign-in Wall Street pay practices, according to a Congressional Oversight Panel  report entitled "Executive Compensation Restrictions in the Troubled Asset Relief Program." The panel ...
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Treasury Files to Unload Citi Stake (C)

Posted: December 6, 2010 at 4:27 pm

An SEC filing right after the close of trading on Monday is showing that the Treasury is set to unload shares of Citigroup, Inc. (NYSE: C).  The filing did not ...
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With Profit On AIG, US Should Buy More Troubled Banks

Posted: November 2, 2010 at 6:07 am

The Treasury Department says it will make a profit on the investment it made for taxpayers when it bailed out AIG. That leads to the question of whether the US ...
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Taxpayer Cost Of Fannie Mae And Freddie Mac Could Reach $363 Billion

Posted: October 21, 2010 at 12:45 pm

Like all well-run businesses, the federal government has a worst, best, and middle case for the cost to bail out Freddie Mac and Fannie Mae. The range is from $221 ...
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Media Digest (10/1/2010) Reuters, WSJ, NYT, FT, Bloomberg

Posted: October 1, 2010 at 4:06 am

Reuters:   Hewlett-Packard (NYSE: HP) named the former CEO of SAP (NYSE: SAP) as CEO and a former president of Oracle (NASDAQ: ORCL) as chairman. Reuters:   A trade  by Waddell & ...
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Media Digest (9/23/2010) Reuters, WSJ, NYT, FT, Bloomberg

Posted: September 23, 2010 at 4:06 am

Reuters:   The Chinese premier said he would not succumb to pressure from the US on the value of the yuan. Reuters:   An SEC watchdog said the timing of the charges ...
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Media Digest 7/14/2020 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 14, 2010 at 4:01 am

Reuters:   The financial reform bill should pass within days. Reuters:   Intel (NYSE: INTC) posted stronger than expected earnings. Reuters:   Toyota Motor (NYSE: TM) blamed driver error for some problems with ...
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