Word: backs
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...banking industry, heads the COP. Also testifying before the panel will be Herb Allison, who runs the Treasury Department's Troubled Asset Relief Program (TARP), the main vehicle the government has used to assist banks. Warren has said she wants Pandit to delineate how he plans to fully pay back taxpayers. A spokesperson for Warren says she has no plans to press Treasury on why Citi was allowed out of the government's most stringent pay restrictions...
...shares and stock warrants. The list originally included AIG, Bank of America, Chrysler, Chrysler Financial, Citi, GMAC and General Motors. But in December, Bank of America and Citigroup struck deals with the government to get off the list. Bank of America raised nearly $20 billion from investors and paid back the government the $45 billion it was lent under TARP...
...wizards have come up with a program they believe could breathe new life and buyer confidence into the decimated sector. It's called Sirius Value Protection - and works like a 'put option,' where buyers of new homes get the right to exercise a put that would require Sirius buy back the home at the original price after an eight-year period...
...General Motors, recovery always seems to be a case of two steps forward and one step back. The same day it reported an impressive 32% increase in sales during February, the automaker also announced it was recalling some 1.3 million compact cars built between 2005 and 2010, and suspending sales of 2010 Chevrolet Cobalt so it can fix a power steering assist...
...have the option of opting out of the program in the first six years in exchange for handsome cash bonuses, ranging from 10% of the purchase price in year one to 3% in year six. Still, some analysts feel homeowners should be permitted to exercise the put - i.e., sell back the house at its original price - after three or four years. (See pictures of the global financial crisis...