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Federal Bailout Funds

A collection of news and information related to Federal Bailout Funds published by this site and its partners.

Top Federal Bailout Funds Articles

Displaying items 109-120
  • Government provides new aid package to insurance giant AIG

    WASHINGTON (AP) -- The government on Monday provided new financial assistance to troubled insurance giant American International Group, including pouring $40 billion into the company in return for partial ownership. The action, announced jointly by the...
  • Thousands of small banks still waiting for rescue program

    The Treasury Department has come under fire from members of Congress for not ensuring that the capital injections lead to more lending. The ICBA also argues that healthy smaller banks are more likely to use government money to make loans than are big...
  • GMAC receives $5B in bailout funds

    WASHINGTON (AP) - The Treasury Department said that it will provide $5 billion to GMAC Financial Services LLC, the ailing financing arm of General Motors Corp., in a move that's expected to stave off a bankruptcy protection filing at the company but...
  • Geithner announces new lobbying rules for bailout

    Treasury Secretary Timothy Geithner, in his first full day on the job, announced new rules Tuesday to limit special-interest influence on the government's $700 billion financial rescue program. The new rules are designed to crack down on lobbyist...
  • Northern Trust bank blows bucks on lavish L.A. parties!

    Chicago-based bank Northern Trust Corp. recently received $1.6 billion in bailout money from the federal government. According to TMZ, the bank managed to spend a significant chunk of that change hosting several lavish L.A. parties and concerts during...
  • Obama puts Wall Street execs on notice

    The big cheeses on Wall Street who took bailout funds last fall, then gave themselves big bonuses last month are being put on notice. If they want more government help, it's goodbye golden parachutes, hello to salaries capped at a measly half million...
  • How Stimulus Plan Would Affect Michigan

    WASHINGTON, DC - President Obama's $800 billion stimulus package passed the U.S. House of Representatives Wednesday night. The vote was strictly along party lines, with every Republican voting against it. The package must still clear the Senate. It is...
  • Obama: Bankers Have Duty To Taxpayers, Economy

    Obama: Bankers Have Duty To Taxpayers, Economy
    Even as another major bank announced it was repaying its bailout money, President Obama today told executives from the nation's largest financial institutions to return the taxpayer's largesse in an additional way -- increase lending to small businesses...
  • Treasury Approves 10 Banks' Proposals To Repay Bailout Money

    (WGN-AM)- The Treasury Department has approved 10 of the nation's largest banks to repay $68 billion in government bailout money. The department on Tuesday said the banks, which were not named, will be allowed to repay the money they received from the...
  • Ten Banks Get Approval To Repay Bailout Money

    Ten Banks Get Approval To Repay Bailout Money
    The Obama administration today announced it has given approval to 10 of the nation's largest banks to repay $68 billion in government bailout money they have received to stabilize the financial system. "These repayments are an encouraging sign of...
  • Supreme Court won't block Chrysler merger

    Supreme Court won't block Chrysler merger
    Chrysler batted 1.000 on Tuesday, clearing away two critical legal obstacles to its restructuring plan and putting the automaker on track for a merger with Italian automaker Fiat in the next few days. In a late ruling, the Supreme Court ended two days of...
  • The Hartford Reports $15 Million Loss In Second Quarter; Shares Set to Rise

    The Hartford reported a second-quarter loss Wednesday of $15 million, its best quarterly showing of the past year, as investment losses narrowed and earnings from core operations beat analysts' expectations. The insurer's second-quarter loss, which...