Meanwhile, banks yield 8.5% return
Tags: UNITED States. Dept. of the Treasury; BAILOUTS (Finance)
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- The Hmiami Herald. // Hill;1/15/2009, Vol. 16 Issue 6, p14
The article reports on the bailout money released by the U.S. Department of the Treasury under the no accountability, no transparency ruling of the Troubled Asset Relief Program.
- As banks repay loans, Treasury to ask how bailout money spent. Brush, Silla // Hill;12/17/2009, Vol. 16 Issue 149, p21
The article reports on the investigation of the U.S. Department of the Treasury on how the bailout money was spent by the individual banks.
- Treasury to Nominate Bank Directors. // American Banker;3/18/2011, Vol. 176 Issue F311, p15
The article reports that the U.S. Treasury Department plans to install its own nominees on the boards of banks which are having problems meeting the terms of their government bailout.
- Government bailout of Detroit 3 helps suppliers-sort of. // Rubber & Plastics News;11/3/2008, Vol. 38 Issue 7, p8
The article comments on the bailout package of the U.S. government to Detroit 3, which include General Motors Corp. (GM) Ford Motor Co. and Chrysler Corp. It is stated that bailout by the U.S. Treasury Department may lead a merger of GM and Chrysler. It is noted that if Chrysler is merged into...
- U.S. Sells 1.1B Citi Shares. // American Banker;7/2/2010, Vol. 175 Issue F325, p15
The article reports that the U.S. Treasury Dept. had sold over one billion shares of stock in Citigroup Inc. at a profit, as part of its plan to divest itself of the Citigroup stock it had purchased in order to bail out the firm.
- Discover Pays $172M for Bailout Warrant. // American Banker;7/9/2010, Vol. 175 Issue F326, p5
The article reports that the Discover Financial Services credit card company paid $172 million to buy back a warrant issued by the U.S. Treasury Department's bank bailout program, which closed out the government's stake in their network.
- Feinberg Nears Release of Pay Report. // American Banker;7/20/2010, Vol. 175 Issue 110, p16
The U.S. Treasury Department's special master for compensation, Kenneth Feinberg, says that he is ready to release a report on firms such as Morgan Stanley that received bailouts from the government.
- MEETINGS INDUSTRY FIGHTS BACK. Kovaleski, Dave; Hatch, Sue // Medical Meetings;Mar/Apr2009, Vol. 36 Issue 2, p17
The article discusses issues on the issuance of new guidelines for expenditures by the U.S. Treasury Department at the more than 360 companies that have received funds from the Troubled Asset Relief Program (TARP). Medical meetings industry leaders stated that while government and media...
- Is The Government Up To Running The Rescue? Stokes, Bruce; Hegland, Corine // National Journal;10/11/2008, p12
The article focuses on the legislation passed by the U.S. Congress that has created an Office of Financial Stability within the U.S. Treasury Department and charged with implementing the Troubled Asset Relief Program. It examines the challenges in implementing the law like identifying the number...
