Treasury Secretary Geithner Expects More TARP Repayments Coming
As far as the federal government is concerned, propping up the country's big banks deemed "too big to fail" during the height of the financial crisis was a step in the right direction, one that has averted a more severe economic disaster
As Economy Turns Corner, Banks of America Pays Back TARP
Now that the economy appears to be on a slow path to recovery, some of the larger national banks have started to release themselves from the grasp of the federal government by repaying bailout loans given them last year.
Fall Out between the Government and the Nation’s Biggest Banks
The nation’s biggest banking institutions might have been rescued by the turmoil of their own making, but they aren’t thanking the government for it. While Tim Geithner and Hank Paulson, who at the time were New York Federal Reserve president and Treasury secretary respectively, were trying to iron out the details of the $700 billion rescue plan, CEOs of the banking companies were kept in the dark about their plans.
Government To Impose Pay Caps For Bank Execs
Passed bank stress tests? Check. Raised enough additional capital? Check. Paid back TARP bailout money? Check. Surely, this bank can now pay out more in salary to its top executives, right? Not quite.
Merrill Lynch, Morgan Stanley Battle Independent Brokerages For Wealthy Investors
U.S. Bank Acquires FBOP Corporation’s 9 Failed Banking Subsidiaries
Assessing the Impact of the FDIC’s Temporary Liquidity Guarantee Program
FDIC Chairman Shelia Bair on The State of American Banking – Summary and Analysis
Citibank Credit Card Interest Skyrockets In Anticipation of Federal Regulation
Commerce Bank of Southwest Florida Fails, Becomes 123 Bank to Close in 2009
ING Direct Black Friday Special: Save ‘Til You Drop
Savers Left With Fewer Options as Hudson City Savings Lowers Top CD Rates
Wells Fargo Settles $1.4 Billion Lawsuit Regarding Auction-Rate Securities
‘Too Big To Fail’ Firms May Be Broken Down To Smaller Size
