The amount of taxpayer dollars directed at the Troubled Asset Relief Program (TARP) continues to grow but with little economic progress being made, particularly in the housing market. Total taxpaye...
Treasury secretary, Timothy Geithner said earlier this week that out of the total Troubled Asset Relief Program (TARP) funds given to banks, about 75% have been repaid. Also, taxpayers have gained $21...
Lincoln National Corporation (NYSE:LNC) announced on Wednesday that it has bought back all of the preferred shares of $950 million it sold to the government in July 2009 under the Capital Purchase Pro...
In an attempt to repay its $950 million government bailout fund, Lincoln National Corp. (NYSE:LNC) announced its intention to raise money through equity and debt offering. As a result, on Monday, the ...
The Treasury announced on Friday that it will earn $840 million from the sale of warrants that it obtained as part of its investment in Wells Fargo & Co. (NYSE:WFC) through the Troubled Asset Reli...
Our financial regulators, government officials, and central bankers may believe the shell game being played with AIG might work to lure buyers into the AIG den but the fact is AIG remains the institut...
The U.S. Treasury said on Friday that its $700 billion Troubled Asset Relief Program (TARP) to rescue the nation’s financial industry would cost less than anticipated. The treasury now projects the ...
Lincoln National Corp. (NYSE:LNC) is gearing up to repay the bailout money. Dennis Glass, the company’s President and CEO, said at an investor presentation yesterday that this acceleration follows a...
Over the weekend, the Europeans have come up with a much bolder and more aggressive package to save Greece and prevent the disease from spreading around the rest of the continent (well, beyond the con...
High five to 12th Street Capital for pointing out the quarterly release of the Special Inspector General for the Troubled Asset Relief Program. While this ...