Topic: Wall Street
The government's giant bank bailout may well have averted a second Great Depression, economists say, but a lot of voters aren't buying it. It's far easier for opponents, especially in political soundbites, to portray the issue as Wall Street fat cats against ...
Since some folks are determined to spread nonsense about the TARP, I suppose it's necessary for those of us not on Wall Street's payroll to keep trotting out the truth. We gave the banks trillions of dollars' worth of loans and loan ...
The federal Troubled Asset Relief Program officially ends Sunday, but its effects will be felt through next month's midterm elections, officials said. White House Press Secretary Roberts Gibbs said the program will end up costing taxpayers about $50 billion, and was a ...
WASHINGTON (Reuters) - The U.S. financial bailout would cost less than $50 billion, slashing a prior estimate by more than half on the back of a new plan to sell the government's stake in insurer American International Group, the Obama administration said ...
The government said Wednesday it is starting to sell $2.2 billion in trust preferred shares that it holds in Citigroup, another move to recoup the costs incurred in the $700 billion financial bailout. The $2.2 billion in trust preferred shares were received ...
Obama defends stance on financial reform; Denies he's striking an anti-business posturePresident Barack Obama says he's been frustrated over accusations he's been too hard on Wall Street, saying his push for financial reform doesn't amount to "being extremist or anti-business."Answering questions at ...
Britain's financial watchdog said on Thursday it had fined Wall Street bank Goldman Sachs 17.5 million pounds (27 million dollars) for not providing it with information linked to US fraud charges.The Financial Services Authority said the fine, equivalent to 21 million euros, ...
Britain's financial watchdog said on Thursday it had fined Wall Street bank Goldman Sachs 17.5 million pounds (27 million dollars) for not providing it with information linked to US fraud charges.The Financial Services Authority said the fine, equivalent to 21 million euros, ...
Housing has been getting hammered recently, and many on Wall Street and Washington are speculating that with falling homes sales, there may be another round of good ol' stimulus money to help get the housing market back on track. In an Open ...
Citigroup spent $1.47 million lobbying in 2nd qtr on Wall Street reform, banking regulationsCitigroup Inc. spent $1.47 million in the second quarter to lobby the federal government on various aspects of the financial regulatory overhaul and other issues, according to a disclosure ...
