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$700 Billion Bank Bailout (2008)

A collection of news and information related to $700 Billion Bank Bailout (2008) published by this site and its partners.

Top $700 Billion Bank Bailout (2008) Articles

Displaying items 23-33
  • Top watchdog for the $700-billion bailout fund resigns

     
    Neil M. Barofsky, the outspoken special inspector general who has been the top watchdog of the $700-billion financial bailout fund, submitted his resignation to President Obama on Monday. Barofsky often has been sharply critical of the way the Treasury...
  • On way out, TARP watchdog takes a few more jabs at Timothy Geithner

     
    Neil Barofsky, leaving his job as watchdog of the Treasury Department's $700-billion Troubled Asset Relief Program, is taking a few shots at Treasury Secretary Timothy F. Geithner on his way out the door. Barofsky, the special inspector general for the......
  • TARP is 70% repaid after AIG makes $6.9-billion payment, Treasury Department says

     
    The Treasury Department has recovered 70% of the money distributed under the $700-billion bailout fund after American International Group paid back $6.9 billion of the money it owed. AIG made the repayment Tuesday after selling its holdings in MetLife...
  • Rep. Michele Bachmann of the Tea Party: 'We bought a bureaucracy that tells us which lightbulbs to buy'

     
    Michele Bachmann of Tea Party Express says, 'Instead of a leaner, smarter government, we bought a bureaucracy that tells us which light bulbs to buy...
  • How to avoid the next housing bubble

    How to avoid the next housing bubble
    Today's question: How do we avoid another disastrous housing bubble? Increased regulation, or trust the market to price risk better next time? Previously, Mitchell and Abromowitz discussed what Washington should do about Fannie Mae and Freddie Mac, John...
  • CNN Names Brianna Keilar Senior Political Correspondent

    CNN named Briana Keilar, its senior White House correspondent, to the new role of senior political correspondent and said she would be the lead reporter covering Hilary Clinton and the Democrats as the nation's next Presidential election takes shape. She...
  • Former Treasury Secretary Timothy Geithner joins private equity firm

    WASHINGTON -- Former Secretary of the Treasury Timothy F. Geithner is becoming a financial industry executive, taking a high-level job with the private-equity firm Warburg Pincus, the firm announced Saturday. Geithner, who was a major player in the...
  • JPMorgan's money is not enough [Editorial]

    JPMorgan's money is not enough  [Editorial]
    U.S. banks don't come any bigger than JPMorgan Chase, so no one should be surprised by the size of its settlement with the U.S. Department of Justice that was announced today — $13 billion to end civil litigation regarding mortgage lending...
  • Investors snap up beaten down shares after Wall Street's big sell-off, credit concerns linger

    NEW YORK (AP) _ Wall Street snapped back Tuesday after its biggest sell-off in years amid growing expectations that lawmakers will salvage a $700 billion rescue plan for the financial sector. But the seized-up credit markets where businesses turn to raise...
  • Most Asian markets recover on hopes of U.S. bailout

    TOKYO -- Most Asian markets bounced back Wednesday on hopes that a $700 billion bailout for the U.S. financial system will soon win legislative approval, although doubts persisted about the long-term outlook for the global economy. Japan's Nikkei 225...
  • General Motors To File Bankruptcy Monday In Lower Manhattan

    General Motors To File Bankruptcy Monday In Lower Manhattan
    General Motors, the humbled auto giant that has been part of American life for more than 100 years, will file for bankruptcy protection on Monday in a deal that will give taxpayers a 60 percent ownership stake and expand the government's reach into big...