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U.S. Department of the Treasury

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Top U.S. Department of the Treasury Articles

Displaying items 12-22
  • Bailout a 'disgrace,' Congress 'pathetic'

     
    by Frank James Nouriel Roubini, one of the economists who presciently warned that the financial markets and economy were headed for a day-of-reckoning, can't say enough about how bad he believes the Treasury's bailout is. In a blog posting, this......
  • Bailout doubts has some seeking Plan B

     
    by William Neikirk Now that Congress has approved a $700 billion "rescue" for the economy, more doubts are arising over whether it will work. Some economists say the effort to have the Treasury to use the money to buy "distressed"......
  • Bailout czar identified

     
    by Frank James Treasury Secretary Henry Paulson Jr., whose bald pate has become a fixture on our TV screens in recent weeks, has tapped his similarly bald protege Neel Kashkari as bailout czar. Kashkari, like Paulson, is a former Goldman......
  • Debate: Right is not happy

     
    There seems to be a fair amount of unhappiness with McCain's debate performance among his supporters over two issues -- his failure to attack Obama over Bill Ayers and such, and the new plan he unveiled to bail out thousands......
  • Swamp Sunrise

     
    Good morning. Here are a few Washington events of note for Friday, October 10. President Bush is speaking on the economy and the plummeting stock market before attending Republican campaign events in Florida and South Carolina. The finance ministers......
  • Bush: Rose Garden economy 'assurance'

     
    by Mark Silva Call it a Rose Garden strategy. A number of times now, during the financial meltdown underway, President Bush has stepped out of the Oval Office to deliver urgent messages for action by Congress and reassurances that the......
  • Bailout plus: US to buy stakes in banks?

     
    by Frank James One of the biggest knocks on the Bush Administration's $700 billion bailout/rescue plan was that buying up toxic assets wouldn't do a lot to put cash in banks' coffers. Many an expert said a better approach would......
  • Details on market bailout emerge

     
    Assistant Treasury Secretary Neel Kashkari speaks to the Institute of International Bankers Monday. (AP/Haraz N. Ghanbari) by James Oliphant Neel Kashkari has a critical job that didn't even exist a few weeks ago. He's the "assistant secretary for...
  • Treasury hires bank to manage bailout

     
    by James Oliphant The Treasury Department Tuesday announced that it has selected Bank of New York Mellon to implement the administration's "rescue plan" to bolster distressed financial institutions. The department hired the New York City-based firm Monday...
  • Bush, Europeans: World U.S.-view dim

     
    by Mark Silva At Camp David today, on a glorious, crisp fall day in the Maryland mountains in the midst of an international financial meltdown, President Bush huddled with the president of France, Nicolas Sarkozy, and the leader of the......
  • Alan Greenspan: Right in being wrong

     
    by William Neikirk Alan Greenspan is my hero today. He had the guts to admit he was wrong. You rarely hear this in Washington. Here, taking responsibility is considered something that one does not do. The former Federal Reserve chief......