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Federal Bailout Funds

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Top Federal Bailout Funds Articles

Displaying items 133-144
  • Insurance Coverage Picks Up Tab For Losses Due To Assistant Fire Chief's Embezzlement & Fraud

    Insurance Coverage Picks Up Tab For Losses Due To Assistant Fire Chief's Embezzlement & Fraud
    An ugly episode in the financial history of the South King Fire and Rescue District is coming to a close, after an insurance claim picks up losses of more than a half million dollars stolen by a former assistant fire chief. The insurance claim will...
  • Phoenix Cos.' Try For Bailout Funds Hits Roadblock

    The Phoenix Cos.' pursuit of federal bailout funds has hit a wall as the federal government seized the ailing bank that the Hartford life insurer planned to buy to qualify for the money. The federal Office of Thrift Supervision (OTS) closed American...
  • The Hartford Wins $3.4 Billion In Federal Bailout Money

    The Hartford received preliminary approval Thursday for a $3.4 billion federal loan under the emergency bailout program, a deal that would give the insurer breathing room and could ease the company's need to raise money by selling businesses. Other major...
  • Treasury Skeptical About Bailing Out California

    Treasury Skeptical About Bailing Out California
    WASHINGTON - Obama administration officials expressed concerns today about California's request for federal intervention in its budget crisis, and even the state's own Congressional delegation is split on the issue. The state has asked the administration...
  • GMAC May Never Repay Part of Government Aid

     
    At least $6.3 billion of the $17.2 billion in taxpayer support to GMAC will likely never be repaid, according to the congressional panel overseeing federal bailout money. The panel criticized the Treasury Department for not attaching more conditions to...
  • Weekly remarks: Hutchison and Obama: We need financial reforms but...

     
    Remarks by Sen. Kay Bailey Hutchison, as provided by the Republican Senate Communications Center I’m Kay Bailey Hutchison, United States Senator from Texas. For more than a year, Democrats and Republicans on Capitol Hill have been working to craft...
  • Brady `admits' it's `a matter of semantics'

     
    Republican candidate for governor Bill Brady's appeared last night on WTTW Channel 11's "Chicago Tonight." Below is a rough draft of the transcript of his appearance, provided by the station. Here's the video: Note how interviewer Carol Marin calls Brady....
  • Resolution is premature at best, a bad move at worse

    If there is a word no one should seek to be associated with these days, it is bailout. Few words trigger the kind of derision that word now draws. So, it is puzzling to hear the Broward school district talking about joining another school district in...
  • U.S., auto executives trying to craft bailout

    Bush administration officials and auto executives worked Monday to try to seal a deal for a multibillion-dollar industry bailout, amid hopes that the money could be available this week. "It seems like the planets are becoming aligned," said Rep. Fred...
  • Broken Dreams

    When Charline Pillinger thinks about the cozy twin home in North Catasauqua she bought two years ago, she finds it hard to believe how quickly her little bit of the American dream turned into a nightmare. Pillinger, a dental assistant, and boyfriend...
  • Mortgage Crisis: State Programs Reaching Only A Fraction Of Those In Need

    When Carl and Anjanee Wright fell behind in their mortgage payments a little more than a year ago, the Windsor couple saw the state's new foreclosure prevention programs as a beacon of hope. They felt sure that they would qualify. After all, they both...
  • Q: How much will the Obama plan cost taxpayers?

    Q: How much will the Obama plan cost taxpayers? A: The administration estimates the total cost at $75 billion. About $50 billion would come from financial-rescue funds already approved by Congress, and it would be used to subsidize loan modifications....