TARP Funds to Be Extended to Life Insurers
Tags: BAILOUTS (Finance); TROUBLED Asset Relief Program (U.S.); LIFE insurance companies; BANKING industry
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- Gov't Report: 66 Struggling Banks Got Bailout Money Through 'Healthy' Bank Program. Wang, Marian // Pro Publica;10/ 3/2010, p7
A blog on the U.S. Troubled Asset Relief Program's (TARP) Capital Purchase Program, which helped bailout 66 banks struggling financially is presented.
- Tarp IG: Brace for Indictments in Probes. Terris, Harry // American Banker;7/29/2009, Vol. 174 Issue 144, p16
The article presents commentary from Neil Barofsky, special inspector general for the U.S. government's Troubled Asset Relief Program (TARP). Barofsky believes efforts by his staff to identify wrongdoing in the disbursement of $3 trillion of TARP funds will inevitably lead to indictments. Among...
- Tarp Didn't Work, Tax Holiday Would. Sorrentino 3rd, Frank // American Banker;8/18/2010, Vol. 175 Issue 127, p8
No abstract available.
- TCF: Another Bank Bailing Out of Bailout. Kuehner-Hebert, Katie // American Banker;3/4/2009, Vol. 174 Issue 42, p1
The article discusses TCF Financial Corp. and the U.S. Treasury Department's capital program. In March 2009 TCF announced that it will be returning the money it was given through the program due to the changes made in the program. William Cooper, chief executive of TCF, states that they want to...
- Small Banks in Ailing States Exit Tarp. WITKOWSKI, RACHEL // American Banker;3/14/2011, Vol. 176 Issue 39, p1
The article reports on the views of financial executives in the small banking industry about the U.S. Troubled Asset Relief Program (Tarp). The discussion focuses on the government's bait-and-switch approach with program participants, the Capital Purchase Program that produced some loan growth,...
- Former Tarp Banks Lag Peers in SBLF Lending. Terris, Harry // American Banker;1/25/2012, Vol. 177 Issue 13, p9
The article discusses information from a U.S. Treasury Department report which supports criticism of the Small Business Lending Fund (SBLF). The report concluded banks that repaid their bailouts from the Troubled Asset Relief Program (Tarp) with SBLF funds increased their lending to small...
- Tarp Turns Into Trap For Many Small Banks. Wack, Kevin // American Banker;9/30/2011, Vol. 176 Issue F338, p1
The article reports that small banks are struggling to repay their loans from the U.S. Treasury Department's Troubled Asset Relief Program (Tarp). The difficulty that small or community banks have in repaying the Tarp bailout loans in light of the closing of the government's Small Business...
- Fed Seeks Plans for Repayment. Sloan, Steven // American Banker;11/25/2009, Vol. 174 Issue 212, p16
The article reports that the U.S. Federal Reserve Board (Fed) was pushing banks to figure out how they will repay government bailout money while also debating how it would straighten out its own balance sheet, in terms of drawing down its economic stimulus efforts. The Fed told nine banks that...
- Citi Details Its Use of Tarp Funds in 1Q. Landy, Heather // American Banker;5/13/2009, Vol. 174 Issue 91, p16
The article discusses the manner in which Citibank Inc. has described the ways it has spent the monies it received as part of the U.S. Troubled Asset Relief Program (TARP). The company posted a 60-page report detailing its TARP spending on its Web site, a report that is different than the one...
