Behind Administration Spin: Bailout Still $123 Billion in the Red
Tags: TROUBLED Asset Relief Program (U.S.); BAILOUTS (Finance); UNITED States. Dept. of the Treasury; FANNIE Mae; FREDDIE Mac (Company); AMERICAN International Group Inc.
Related Articles
- The Government's Exposure to AIG Following the Company's Recapitalization. // GAO Reports;7/18/2011, preceding p1
The article offers information on the assistance given by the government to the American International Group Inc. (AIG). It mentions that the Department of Treasury and the Federal Reserve System provides assistance to AIG through its Troubled Asset Relief Program (TARP). It states that the...
- AIG Pays $6.9B Toward TARP Loan. Hemenway, Chad // National Underwriter / P&C;3/14/2011, Vol. 115 Issue 9, p7
The article reports that American International Group Inc. (AIG) repaid 6.9 billion dollars to the U.S. Department of the Treasury for AIG's Troubled Asset Relief Program (TARP) loan, using the money raised from the sale of American Life Insurance Co. (ALICO) equity stake in Metropolitan Life...
- U.S. Earns $10.5B on Tarp Investments. // American Banker;4/7/2010, Vol. 175 Issue 53, p3
The article discusses a report issued by SNL Financial which states that the U.S. Treasury Department has made $10.5 billion return on the bailout of financial services companies under the U.S. Troubled Asset Relief Program (TARP).
- B of A Approves Tarp Payment. // American Banker;4/6/2009, Vol. 173 Issue 65, p2
The article reports on the financial plans of Bank of America Corp. (B of A). The company was to pay an installment of over $700 million to the United States government, as a step toward repaying the $45 billion B of A had received under the Troubled Asset Relief Program (TARP). The U.S....
- For Some, Getting Out of Tarp May Mean Getting Bought Out. Davidson, Kate // American Banker;1/3/2011, Vol. 176 Issue 1, p1
The article discusses the plight of small banks struggling to pay back government loans they received through participation in the U.S. Treasury Department's Troubled Asset Relief Program (TARP). In many instances these bank are unable to either pay TARP dividends or raise the capital required...
- A national outrage. Bengtson, Tom // North Western Financial Review;2/15/2010, Vol. 195 Issue 4, p4
The article reports on the reckless government intervention in the U.S. private markets. It mentions that the government used the troubled asset relief program (TARP) when Fannie Mae and Freddie Mac went bust but forgot to consider its application to private banks such as FBOP Corp. It states...
- Reprivatizing Financial System: 4 Steps. Pollock, Alex J. // American Banker;12/4/2009, Vol. 174 Issue F316, p8
The article presents suggestions for how the U.S. government can diminish its presence in the financial system. The Troubled Asset Relief Program should be gradually phased out over a several-year period. Both Fannie Mae and Freddie Mac should be broken up into multiple parts. Firms that have...
- Tarp Report Shows Worth Of Warrants. Monks, Matthew // American Banker;8/10/2010, Vol. 175 Issue 122, p1
The article focuses on the U.S. Treasury Department's report, "Warrant Disposition Report," concerning the Troubled Asset Relief Program that was released in August 2010. The demand for lenders' warrant securities and the banks' decision to let the government agency auction them off instead of...
- Treasury Set to Unveil Warrant Details. Hopkins, Cheyenne // American Banker;6/25/2009, Vol. 174 Issue 121, p16
No abstract available.
