TARP

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Latest blogosphere posts tagged “TARP”

  • Bank of America to Repay $45 Billion From TARP


    NYT > TheaterAuthority Authority: 902
    Bank of America said late Wednesday that it would repay the entire $45 billion in bailout money that it received from the government. It said the money would be repaid after it completed a securities offering.
    1 hour ago
  • (COF) U.S. Treasury Department Sells Capital One Financial Warrants


    Stock Blog HubAuthority Authority: 164
    The U.S. Treasury Department said on Tuesday that it will auction 12.7 million warrants to buy common stock of Capital One Financial ( COF ) on Thursday. This is the latest government effort under the Troubled Asset Relief Program (TARP) set up during the height of the financial crisis last year to shore up the ...
    3 hours ago
  • Easy money: Goldman Sachs execs pocket $55 million in insider sale


    DailyFinanceAuthority Authority: 792
    Filed under: Company News , Economy To get a sense of what Goldman Sachs ( GS ) has pulled off in the last two years, consider: Goldman Sachs was directly responsible for creating, marketing, and trading many of the toxic financial instruments behind the mortgage crisis and resulting recession. The banks ...
    4 hours ago
  • Banks to Treasury: You Can’t Make Me!


    Understanding GovernmentAuthority Authority: 436
    Theo Francis of Business Week has a smart piece about how the Treasury Dept. might cajole mortgage servicers to more energetically participate in a mortgage modification plan whose original goal was prevent four million foreclosures. The New York Times’ Peter Goodman , among other finance reporters, has ...
    5 hours ago
  • Geithner: Its too soon to end TARP


    DailyFinanceAuthority Authority: 792
    Filed under: Economy Tired of TARP? It doesnt sound like its going away just yet. Treasury Secretary Timothy gave Congress a strong signal Wednesday that the governments $700 billion bailout fund will survive beyond its initial expiration date at the end of this year. Moving too soon to end the Troubled Asset ...
    5 hours ago
  • Geithner Tells Senators TARP Bailout May Soon End


    S E N A T U SAuthority Authority: 573
    Treasury Secretary Timothy Geithner “is affirming the administration’s intent to soon end the $700 billion financial bailout program,” according to the AP . Geithner did not provide details, but says the government is close to the point at which "we can wind down this program" and end it. "Nothing would ...
    6 hours ago
  • Worrisome Thoughts on the Way to the Jobs Summit


    Wall Street PitAuthority Authority: 641
    Most ideas for creating more jobs assume jobs will return when the economy recovers. So the immediate goal is to accelerate the process. A second stimulus would be helpful, especially directed at state governments that are now mounting an anti-stimulus package (tax increases, job cuts, service...
    6 hours ago
  • TARP Warrants: Let the Bidding Begin


    Wall Street PitAuthority Authority: 641
    Thursday is a nice milestone in TARP’s history: with the help of Deutsche Bank, Treasury is auctioning off the warrants it received when it invested in Capital One. The company has already paid off the preferred stock that the government purchased last fall, and will now be free from TARP oversight...
    7 hours ago
  • Treasury to Sell Capital One Warrants (This Should be Fun)


    Jr Deputy AccountantAuthority Authority: 145
    Who says the Treasury cant get in on a little Black Friday week action? Washington Business Journa l : The Department of the Treasury will sell the warrants to purchase common stock that it received from Capital One Financial Corp. as part of the government’s $3.6 billion Troubled Asset Relief Program (TARP) ...
    10 hours ago
  • Selective Deficit Disorder and the Zombie Lie Machine by Dave Sirota


    BuzzFlash.net: publishedAuthority Authority: 529
    As you can see from the quote above, Douthat deliberately equates federal dollars handed to Wall Street insiders with federal dollars supposedly handed to auto unions and public-sector employees. Lets ignore the simple fact that theres a difference between cutting TARP and Federal Reserve bank checks to private banks; ...
    14 hours ago
  • Real Estate & Mortgage Marketing 1 - Home Loan Modification Dec08 Licensed Attorney to Negotiate


    Ethical Foreclosure FortunesAuthority Authority: 151
    Home Loan Modifications Negotiated by Licensed Attorneys. Real Estate & Mortgage Laws and Guidelines are Complex. Beware of the Banks Loss Mitigation Department. Go To RealEstateMarketingThisWeek.com Part 1 (Excerpt) Why you should use a licensed attorney to negotiate your loan modification Dan Havey thanks for ...
    16 hours ago
  • MAKE THAT ONE DIP OR TWO?


    Progressive EruptionsAuthority Authority: 127
    No, I am not selling ice cream with sprinkles. The term, double dip, refers to a second recession that may collapse an already fragile economy and trigger the second Great Depression. About two weeks ago, I discussed the possibility in this post, The Looming Unemployment Bomb . To recap some key points: When ...
    17 hours ago
  • MAKE THAT ONE DIP OR TWO?


    THE SWASH ZONEAuthority Authority: 426
    No, I am not selling ice cream with sprinkles. The term, double dip, refers to a second recession that may collapse an already fragile economy and trigger the second Great Depression. About two weeks ago, I discussed the possibility in this post, The Looming Unemployment Bomb . To recap some key points: When ...
    18 hours ago
  • MAKING SENSE (kind of) OF THE BAILOUT & BONUS PAYOUTS


    THE MARK MARTINEZ SHOW: Talk Radio for Liberals and Real ConservativesAuthority Authority: 128
    Perhaps Americans have simply given up when it comes to being outraged over bonuses and the amount of money given to each failed financial institution. I mean, think about it. Weve gone from being shocked and pissed off 8-12 months ago to making little noise over the fact that failed financial institutions are now ...
    1 day ago
  • Bernankes Done Deal Reconfirmation May Not Be A Done Deal After All


    zero hedgeAuthority Authority: 753
    With everyone expecting the Chairmans reconfirmation process on Thursday to be merely a formality, Senator Bob Corker throws this wrench after he "said he wasnt sure yet whether the chairman had the votes on the Banking committee or in the Senate as a whole." The Hill reports , "I dont know where that sits," Corker ...
    1 day ago
  • Automakers report mixed sales results, with GM, Honda, Chrysler slipping


    DailyFinanceAuthority Authority: 792
    Filed under: Company News , Economy , Honda Motor Co. , Ford Motor Co. , Toyota , General Motors November is a notoriously weak month for auto sales. So its perhaps a bit surprising that several carmakers reported either increased or steady sales last month, despite concerns among analysts and others that last ...
    1 day ago
  • GM CEO Fritz Henderson will step down


    DailyFinanceAuthority Authority: 792
    Filed under: General Motors General Motors is losing its second chief executive this year. Chief Executive Fritz Henderson will resign and be replaced by Ed Whitacre, a member of the Detroit companys board of directors, the Associated Press reported Tuesday. Henderson replaced Rick Wagoner in March as the ...
    1 day ago
  • Door-To-Door Mortgage Modification


    Understanding GovernmentAuthority Authority: 436
    The Chicago Tribune’s Mary Ellen Podmolik has an interesting story about how communities in southwest Chicago uses volunteers to deal with the home foreclosure epidemic. What happened is that upset residents met with Bank of America officials back in July and brokered a deal where volunteers are given the names ...
    1 day ago
  • Former FDIC chairman slams TARP


    United Liberty - Free Market - Individual Liberty - Limited GovernmentAuthority Authority: 561
    Bill Issac, former head of the FDIC, says TARP made bad situation worse : The problems bedeviling banks today could have been a lot less damaging, too, Isaac said, if not for the government’s response, which he said promoted a crisis mentality with public statements and inconsistent policies. Isaac ripped the ...
    1 day ago
  • Top 10 real estate posts of the day for 12/1/2009


    Hassle Free Phoenix Area Home SearchAuthority Authority: 134
    1) Avoid rushing into home ownership for tax credits – Sometimes you need to look outside the real estate world to find good advice on real estate. If you were buying a house anyways the $8000 first-time home buyer tax credit is a good program for you, but don’t buy a house just  because you think the program ...
    1 day ago

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