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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 23-33
  • TARP is 70% repaid after AIG makes $6.9-billion payment, Treasury Department says

     
    The Treasury Department has recovered 70% of the money distributed under the $700-billion bailout fund after American International Group paid back $6.9 billion of the money it owed. AIG made the repayment Tuesday after selling its holdings in MetLife...
  • IRS advice for giving to Japan quake relief funds

     
    The Internal Revenue Service is already out with a bulletin on tax advice for people who wish to make contributions to relief agencies and organizations helping Japanese earthquake victims. First, consult Disaster Relief -- Resources for Charities and...
  • TARP's bank bailout program nears break-even point with latest repayment

     
    The program under the $700-billion financial bailout package that pumped money into banks moved closer to break-even Wednesday as another large financial institution repaid its cash infusion. The Treasury Department announced that Fifth Third Bancorp...
  • AIG moves closer to bailout repayment as Treasury closes stock-conversion deal

     
    Bailed-out insurance giant American International Group on Friday moved closer to repaying the government for its rescue, completing a stock conversion deal with the Treasury Department that is key to unwinding the federal stake in the company. The...
  • Rep. Maxine Waters asks if BofA deal with Fannie and Freddie was 'backdoor bailout' [Updated]

     
    Rep. Maxine Waters is questioning whether Bank of America's $2.8-billion settlement with Fannie Mae and Freddie Mac this week was a little too sweet -- even "a backdoor bailout" by the government, as Waters (D-Los Angeles), a longtime member of......
  • East West Bancorp repays its debt to the Treasury

     
    Pasadena's East West Bancorp, the Chinese-American powerhouse, has repaid its more than $300-million slice of bailout funds from the U.S. Treasury. Several Southern California banks are still struggling even to make dividend payments on their...
  • U.S. says it books $12 billion profit on Citigroup bailout

     
    The U.S. Treasury said it booked a profit of $12 billion on its $45-billion bailout of banking giant Citigroup Inc....
  • Justice Department probes TCW fight with DoubleLine's Gundlach

     
    Justice Department probes legal battle between TCW Group and DoubleLine Capital's Jeffrey Gundlach...
  • Federal officials announce they took in $13.5 billion from GM's IPO

     
    The Treasury Department said Thursday that it had received an additional $1.8 billion from General Motors' stock offering last month, bringing the total haul to $13.5 billion to help pay down the automaker's taxpayer-funded bailout. The additional money...
  • Interest rates hit new lows as market bets on Fed 'rescue'

     
    With U.S. Treasury bond yields crashing to new lows Wednesday, it looks like many bond buyers are making a simple bet: They’ll be able to sell to the Federal Reserve at even lower yields later this year. In other words,......
  • Maxine Waters speaks out against ethics charges

     
    Rep. Maxine Waters (D-Los Angeles) took her battle against ethics charges to the airwaves Thursday night, proclaiming her innocence on a Los Angeles radio show and demanding that the details of the case against her be made public “Democracy demands........