Word: bailouts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...While Congress may support the Treasury's desire to have a blended bailout of the banks which includes government and private money, coordinating how those investments will go into financial firms and how it will be determined which piece of the pie private equity will get may be beyond the capacity of the personnel that the department has in place...
...addition to getting private equity involved, some of the money from the remaining TARP capital may go to mortgage relief. According to MarketWatch, "The Treasury Department also is expected to use between $50 billion and $100 billion of the bank bailout program to fund a mortgage-mitigation proposal to help troubled homeowners avoid foreclosure." How does that series of programs get administered? No one knows...
...Tuesday, Treasury Secretary Timothy Geithner is expected to announce the administration's plans for the second half of the $700 billion bank bailout approved by Congress last fall. The centerpiece is likely to be a government-backed aggregator bank (the much-discussed "bad bank"), which will provide financing and loss protection for investors willing to buy the troubled assets sitting on bank balance sheets. Those delinquent loans, or the bonds tied to them, are dragging down the financial firms' value, putting some dangerously close to insolvency...
...going to agree with me—and that’s precisely the point,” said Obama, according to his transcribed remarks. Feldstein also serves as a director of American International Group, an international insurance company which received billions in government funding from the TARP bailout approved by Congress last summer. —Staff writer Elyssa A. L. Spitzer can be reached at spitzer@fas.harvard.edu. —Staff writer Noah S. Rayman can be reached at nrayman@fas.harvard.edu...
...hope that this debate sparks a deeper discussion on the extent to which lavish salaries and bonuses by CEOs can be justified, in times of crisis or otherwise. As for now, the salary caps will apply only so long as corporations are relying on the government’s bailout. In other words, the impetus is on executives to demonstrate, by leading their corporations to financial solvency, that they deserve the salaries they receive...