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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 121-132
  • 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...
  • Bailout and Bank Worries, is Your Money Safe?

    In a surprising vote yesterday, Congress failed to pass the $700 billion bailout. The vote sent shockwaves through Wall Street.  The failed compromise sending stocks to the worst single day loss in its history, losing over 770 points.  But as lawmakers...
  • Battle Shaping Up Between North Texas Banks

    You can almost hear the sound of money at Worthington National Bank in Fort Worth. The community bank, with four branches, has seen a cash infusion from customers. "They take care of their customers", says Linda Thomas. "We just like doing business here"....
  • Hope For Homeowners

    WASHINGTON (Reuters) -- The Obama administration is crafting a mortgage-rescue program that would see Fannie Mae and Freddie Mac ease payments for hundreds of thousands of borrowers and offer a model for Wall Street to do the same, sources familiar with...
  • Scalise Announces $3 Million for Damaged Roads and Bridges

    (Metairie) - Congressman Steve Scalise today announced that the U.S. Department of Transportation has made $3 million in emergency relief funds immediately available to Louisiana to help pay for urgent repairs for roads and bridges damaged by Hurricane...
  • Jindal Supports Obama's Small Business Plan

    Governor Bobby Jindal says he's outraged at AIG for handing out millions of dollars in bonuses to company executives after receiving bailout money. The Governor and President Obama may not always see eye to eye on things, but on Monday, both men came...
  • Consumer Chief Farrell Says State Has No Legal Authority Over AIG Bonuses

    Consumer Protection Commissioner Jerry Farrell Jr. has concluded that the Connecticut Unfair Trade Practices Act provides no legal authority over the $218 million in bonuses that have been paid out by American International Group since December. AIG...