Treasury Department

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Latest blogosphere posts tagged “Treasury Department”

• U.S. Already $292 Billion in the Red This Year

  
  War On You: Breaking Alternative News — Authority: 546
  December 9th, 2009 Via: Reuters : The U.S. government racked up a gaping shortfall in the first two months of this fiscal year after posting a record budget deficit last year, congressional analysts said on Friday. In October and November, the government spent $292 billion more than it took in, the ...
  14 hours ago

• Citi Races to Pay Back Bailout Aid

  
  NewsHunter.org — Authority: 163
  Persuading the government that it can stand on its own would be a milestone in the nation’s financial recovery. But it is not clear that Citi will be able to do so.
  18 hours ago

• Citi Races to Pay Back Bailout Aid

  
  NYT > Theater — Authority: 905
  Persuading the government that it can stand on its own would be a milestone in the nation’s financial recovery. But it is not clear that Citi will be able to do so.
  19 hours ago

• CIT Leaves Bankruptcy, With Questions

  
  NYT > Theater — Authority: 905
  The company, one of the biggest lenders to small and midsize companies, emerged after only 38 days, a feat that, only months ago, seemed almost impossible.
  20 hours ago

• TARP Extended To October 2010

  
  Square Feet — Authority: 548
  The Troubled Asset Relief Program (TARP) has been extended to October 3, 2010. Thanks to the newly found powers of the Treasury Secretary, Tim Geithner has the ability to extend the $700B bailout simply by deciding so.Republicans are being pretty vocal about the program recently and I suspect we will start to see more ...
  1 day ago

• Audit Finds TARP Program Effective

  
  NYT > Theater — Authority: 905
  In a year-end review, the independent panel that oversees the financial bailout concluded that the program “can be credited with stopping an economic panic.”
  1 day ago

• U.S. Already $292 Billion in the Red this Year – CBO

  
  Roni Deutch: The Tax Lady Blog — Authority: 435
  From Reuters.com : The U.S. government racked up a gaping shortfall in the first two months of this fiscal year after posting a record budget deficit last year, congressional analysts said on Friday. In October and November, the government spent $292 billion more than it took in, the ...
  1 day ago

• Dealbook: Bailout Refund Is All About Pay, Pay, Pay

  
  NYT > Theater — Authority: 905
  With Bank of America trying to recruit a new chief executive, it needed to repay the bailout moneys so it would be able to offer a competitive compensation package.
  2 days ago

• A little too late for me, Treasury to help streamline real estate short sales

  
  WalletPop Blog — Authority: 696
  Filed under: Real Estate , Mortgages This year its with no small sense of embarrassment that I had to unload a commercial property as a "short sale." I hasten to underscore that Im by no means a big-time real estate investor, despite how the first line reads. To make a long story short, for 10 years, I had been ...
  3 days ago

• Cheaper bank bail-outs lead Obama to weigh job spending

  
  Thaindian News — Authority: 731
  Washington, Dec 8 (DPA) US President Barack Obama is mulling whether to inject more public funds into the struggling jobs market in the US, taking advantage of the less-than-expected cost of financial bail-outs over the past year.Obama was expected to unveil a package of measures to tackle unemployment during a major ...
  3 days ago

• Treasury Projects Smaller Losses for TARP

  
  The Political Carnival — Authority: 680
  By GottaLaff The word "billions" is becoming nearly meaningless these days. It shouldnt, but its thrown around so often and so freely, its become the new "millions". And the number is so huge that its nearly incomprehensible. Additionally, the word "trillions" has made its way into daily convos lately. Now ...
  3 days ago

• Administration to slash TARP cost $200 billion

  
  CNN Political Ticker — Authority: 828
  New York (CNNMoney.com) - The Obama administration is expected to slash the estimated cost of the Troubled Asset Relief Program by $200 billion, which could help trim the nations bloated deficit. The latest projection, which will be officially unveiled by the White House in the coming days, would cut the long-term ...
  3 days ago

• Treasury Forecasts Smaller Loss From Bank Rescue - NYTimes.com

  
  Business Finance & Economy - business.marc8.com — Authority: 166
  The Treasury Department expects to recover all but $42 billion of the $370 billion it has lent to ailing companies since the financial crisis began last year, with the portion lent to banks actually showing a slight profit, according to a new Treasury report.
  3 days ago

• U.S. bank bailout estimate cut by $200 billion (Reuters)

  
  Blogger — Authority: 168
  Reuters – The projected long-term cost of the U.S. government’s bailout of the nation’s big banks is going to be at least $200 billion less than previously thought, a Treasury Department official said on Sunday night. See more here:  (Reuters)"> (Reuters)">U.S. bank bailout estimate cut by $200 ...
  3 days ago

• U.S. bank bailout estimate cut by $200 billion (Reuters)

  
  enUws — Authority: 467
  Reuters – The projected long-term cost of the U.S. government’s bailout of the nation’s big banks is going to be at least $… View post: (Reuters)"> (Reuters)">U.S. bank bailout estimate cut by $200 billion (Reuters)
  3 days ago

• Capital One warrants help chip away TARP obligation

  
  BloggingStocks — Authority: 674
  Filed under: JPMorgan Chase (JPM) , Recession , Financial Crisis The Treasury Department made $146.5 million through the sale of Capital One Financial ( COF ) warrants. This was the first auction of warrants conducted by the government as part of the banking system bailout . The sale was conducted by Deutsche ...
  4 days ago

• Neel Kashkari,Minal Kashkari

  
  TrendPK.com — Authority: 463
  TrendPK.com Neel Kashkari,Minal Kashkari:Neel Kashkari could only handle working for the Treasury Department for eight months before he had to move to a cabin in the woods. TrendPK.com Neel Kashkari,Minal Kashkari:Neel Kashkari could only handle working for the Treasury Department for eight months before he had to ...
  4 days ago

• Geithner Rejects Goldman Sachs Assertion It Didn’t Need U.S. Help

  
  Survival News Network — Authority: 141
  Geithner, 48, took issue with that, saying that the entire financial system was at risk at the height of the crisis, including Wall Street’s big institutions.…“None of them would have survived” had the government stood aside and let the crisis run its course, he said. “The entire U.S. financial system and ...
  4 days ago

• Fair Game: Why Treasury Needs a Plan B for Mortgages

  
  NYT > Theater — Authority: 905
  The Treasury’s mortgage-modification program relies on interest-rate reductions rather than principal cuts, which could cause a problem.
  5 days ago

• “You will not have to be told how periods of inflation and depression originate.” (President James A. Garfield, 1881)

  
  InvestmentWatch — Authority: 157
  President James A. Garfield was inaugurated in 1881 and was the second American president to be assassinated. He was shot by Charles J. Guiteau on July 2, 1881 and later died from medical complications on September 19. Two weeks before being shot, President Garfield is attributed with saying, “Whoever controls the ...
  5 days ago

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