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Posts related to ‘TARP’

Loss On TARP Only $25 Billion, The Possibility Of A Profit

Posted: November 30, 2010 at 5:16 am

The Congressional Budget Office has been given the task to report on the state of the TARP fund which was created primarily to bail out financial firms crippled by the credit crisis. ...
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Media Digest 7/1/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 1, 2010 at 4:04 am

Reuters:   The House passed the financial reform bill leaving the Senate to act Reuters:   Work on the BP plc (NYSE: B) oil spill will be delayed because of Hurricane Alex. ...
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Would The $19 Billion Bank Tax Kill Consumer Lending

Posted: June 30, 2010 at 5:08 am

The $19 billion bank tax which was a cornerstone of the financial reform bill appears to be dead. But in the ever-changing negotiations to get legislation to the President's desk ...
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The TARP Leaves The Building Early

Posted: June 29, 2010 at 7:49 pm

Via MarketWatch:           The sweeping Dodd-Frank bank reform bill was amended Tuesday by a joint House-Senate conference committee to change the way the bill is funded, in order to address the ...
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Banks Still Hobble Small Business And For Good Reason

Posted: May 13, 2010 at 7:28 am

Many economists believe that small businesses with under 100 employees are still the engine of the economy and the major source of new jobs. The banking system has killed that ...
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Senate Financial Reform Plans Can’t Address Short Term Trouble

Posted: May 6, 2010 at 4:31 am

The Senate has voted 96 to 1 in favor of a program that prevents the use of government funds to bailout large financial firms the way that the TARP fund ...
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A bailout of the bailout of Detroit?

Posted: April 7, 2010 at 3:54 am

GM and Chrysler are short about $17 billion in contributions to the pension plans of their workers, or so says the a report from the United States General Accountability Office ...
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Ireland And Banks: The Road Less Traveled

Posted: March 30, 2010 at 7:43 pm

Ireland decided to create the national "bad bank" after the credit crisis, a move the US government considered but rejected. The fate of that decision has come to haunt the ...
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The Government May Be Selling Its Citigroup (C) Stake Too Soon

Posted: March 27, 2010 at 8:23 am

The federal government may sell its stake in Citigroup (C) at a profits of about $8 billion, according to The Washington Post. But, a sale of the stake, about 27% ...
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The Perfect Plan To Save The Housing Market: Eliminate All Mortgage Payments

Posted: March 25, 2010 at 7:15 pm

It would be hard to come up with a better way to stop the rising rate of foreclosures than to eliminate mortgage payments altogether. The Office of the Comptroller of ...
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Signs Of The Apocalypse: Dozens Of TARP Banks Miss Payments

Posted: March 20, 2010 at 11:01 am

Among the things that the Treasury Department elects to say very little about is how many of the firms that still owe the government TARP money are not even paying ...
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What To Expect In House Financial Grilling of Bank CEO’s (BAC, C, JPM, WFC, GS, MS, STT, BK)

Posted: February 11, 2009 at 8:55 am

There is not going to be much positive press today about the U.S. banking sectors.  The top CEOs of America's  banks are going to testify before the House Financial Services ...
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Geithner’s Bank Rehab, Still More Questions Than Answers

Posted: February 10, 2009 at 11:36 am

Treasury Secretary Tim Geithner is out with his banking and financial rescue plan.  This will not go without criticism and not all methodologies look set in stone, mainly because this ...
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Are Troubled Bank Stocks A Double? (FITB, BAC, C, PNC, STT, BK, WFC, JPM)

Posted: February 9, 2009 at 9:41 am

It seems that Uncle Sam via Treasury and via Congress is going to give the markets what they want.  TARP, TALF, Bad Bank, aggregation, accounting rule exceptions, and the rest.  ...
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$700B Bailout Passage Keeps The Hangman Away, For Now

Posted: October 3, 2008 at 12:24 pm

The $700 billion bailout bill passed the House after its failure early this week.  The Senate has already approved this new package which contained many more add-ons than the ...
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