| Mar 8, 2011
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...
| Sep 27, 2011
Good Tuesday Morning, Fellow Seekers. Welcome to (yet) another rainy day here in the seat of government. Before we get into the usual mix of news, headlines, gossip and half-truths you've come to expect from us, we wanted to get......
| Jun 1, 2009
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...
| May 23, 2011
Midway through the HBO docudrama "Too Big to Fail," the head of the Federal Reserve Bank of New York despairs that ordinary Americans "have no idea the whole thing is about to fall down."
He's referring not to the stock market, which already was plunging...
| Nov 16, 2013
| 7:31 AM
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...
| Nov 19, 2013
| 10:36 AM
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...
| Jun 3, 2014
| 10:25 PM
It's not often that a Democratic party leader roots for a Republican.
But on Tuesday night Eric Bauman, chairman of the Los Angeles County Democratic Party, said he was pulling for state Assemblyman Tim Donnelly (R-Twin Peaks) in the California...
| Feb 5, 2014
| 10:30 AM
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.
| May 15, 2014
| 9:30 AM
Former Treasury Secretary Timothy F. Geithner never seemed to fit in the nation’s capital. And he knew it.
He begins his memoir, “Stress Test: Reflections on Financial Crises,” by admitting that he was “an unorthodox choice&...
| May 21, 2014
| 4:55 PM
Neel Kashkari's career has taken him from engineering to investment banking to managing the federal government's $700-billion bailout of Wall Street, overseeing stock funds and running for governor — all by age 40.
What others might view as a...
| May 12, 2014
| 7:21 AM
As Timothy F. Geithner began making the publicity rounds on Monday to push his newly released memoir, the former Treasury secretary defended his decision to join a top private-equity firm after leaving office last year.
Critics have charged that...