Bailout Banks

Watchdog: Treasury Bailed Out 66 Banks With Known Financial Problems, Better Monitoring Needed

AP | DANIEL WAGNER | Posted 05.25.2011

Read More: Treasury Department, Treasury Bailout, Bank Bailouts, GAO Bank Bailouts, Gao, Bailout Banks, GAO Treasury, Government Accountability Office, Business News

WASHINGTON — Treasury Department officials sent bailout money to dozens of banks with known financial problems, and a growing number of bailed-o...

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Bailed-Out Banks Raising Pay For Execs

Washington Post | Tomoeh Murakami Tse | Posted 05.25.2011

Read More: Executive Pay, Wall Street, Bailout, Bailout Banks, Executive Compensation, Wall Street Pay, Wall Street Compensation, Business News

NEW YORK, July 22 -- Wall Street's biggest banks are setting aside billions of dollars more to pay their executives and other employees just months af...

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Ryan Grim

Ignoring Watchdog Report, Treasury Gives Three Major Banks Sweetheart Deals

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Geithner, State Street Corporation Bailout, Bailout Sweetheart Deals, Bailout, Geithner Bailout, U.S. Bancorp Bailout, Financial Crisis, Bailout Banks, Congressional Oversight Panel, BB&T Bailout, Sweetheart Deals, Video, Politics News

Less than two weeks after a congressional watchdog called attention to backroom deals in which the Treasury Department repurchased stock warrants from...

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Bailout Firms Increase Lobbying In 2Q

AP | Marcy Gordon, AP Business Writer | Posted 05.25.2011

Read More: Bailout, Lobbying, Banks, Bailout Banks, Bailout Lobbying, Morgan Stanley Lobbying, Bank of America Lobbying, Business News

WASHINGTON (AP) -- Some of the biggest recipients of the government's $700 billion financial bailout, including Bank of America and Morgan Stanley, in...

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Most Bailed Out Banks Reduced Lending Since Getting Funds

Wall Street Journal | DAVID ENRICH, MICHAEL R. CRITTENDEN and MAURICE TAMMAN | Posted 05.25.2011

Read More: Bailout, Banks Reduce Lending, Banks Reduced Lending, Tarp Banks, Bailout Banks, Bailed Out Banks, Reduced Lending, Business News

Lending at the biggest U.S. banks has fallen more sharply than realized, despite government efforts to pump billions of dollars into the financial sec...

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Fed Shrouding $2 Trillion In Bank Loans In 'Secrecy,' Suit Says

Bloomberg News | Posted 05.25.2011

Read More: Fed, Bailout, Fed Shrouding Loans, Bernanke, Federal Reserve, Ben Bernanke, Bailout Banks, Bank Loans, Business News

U.S. taxpayers need to know the risks behind the Federal Reserve's $2 trillion in lending to financial institutions because the public is now an "invo...

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Merrill Lynch's Ritz Carlton Perk: Bailed Out Bank Books Rooms At Luxe Hotel

New York Post | Posted 05.25.2011

Read More: Merrill Lynch Hotel, Merrill Lynch, Bailout Banks, Merrill Lynch Ritz Carlton, Merrill-Lynch-Bailout, Ritz Carlton Merrill Lynch, Business News

MERRILL Lynch -- which shelled out millions in bonuses days before being rescued in a merger with Bank of America -- is still letting its suits live h...

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Bailed-Out Bank Accused Of Retaliating Against Exec Who Complained About Chairman's Multimillion-Dollar Payout

BailoutSleuth | Chris Carey on March 25, 2009 6:04 PM | Posted 05.25.2011

Read More: John Schwab, Citizens Republic Bancorp, Bailout Bandits, Bailout, John D. Schwab, Bailout Banks, Citizens Bank, William R. Hartman, Business News

A former executive of Citizens Republic Bancorp Inc., which got $300 million in public money through the Troubled Asset Relief Program, says he was fi...

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Biggest Bailed-Out Banks Bouncing Back

Huffington Post/Reuters/Bloomberg/NYT | Marcus Baram | Posted 05.25.2011

Read More: Bank of America Profit, Bofa Profit, Economy, Citigroup Profit, Financial Crisis, Banks, Bailout Banks, Citi Profit, Chase Profit, Fashion, Business News

Three of the biggest bailed-out banks - Bank of America, Chase, and Citigroup - reported good news this week. After suffering through months of plumm...

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AIG Warned Of 'Crisis' If Government Didn't Help

ABC News | Posted 05.25.2011

Read More: AIG Bailout, Bailout, Economy, $130 Billion AIG, Financial Crisis, Bailout Banks, AIG Warned of Crisis, AIG Crisis Warning, Aig, Business News

An AIG report to the Treasury Department last month warned that if the government didn't come to its rescue again, its collapse would trigger a "chain...

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Stress Test Details Revealed, "Not Harsh Enough" Say Critics

New York Times | EDMUND L. ANDREWS and ERIC DASH | Posted 05.25.2011

Read More: Wall Street Bailout, Bailout Banks, Bailout, Bailout Banks Stress Test, Bank Stress Tests, Business News

WASHINGTON -- The Obama administration ordered the nation's 19 biggest banks on Wednesday to undergo stress tests to check whether they could hold up ...

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Fewer Than 5% Of Bailed-Out Banks Have Said What They've Done With Money

wsj.com | MICHAEL R. CRITTENDEN | Posted 05.25.2011

Read More: Bailout Banks, Bailout Bandits, Bailout Bandits Money, Few Banks Say What They're Doing With Money, Business News

WASHINGTON -- The U.S. government's rescue of the financial system is vulnerable to fraud that could potentially cost taxpayers tens of billions of do...

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Bank Of America To Get Billions More In Bailout Funds From Treasury

AP | Posted 05.25.2011

Read More: Bailout Banks, Bank of America Gets More Bailout Money, Bank of America Gets Billions More, BofA Bailout, Bank of America Bailout, Business News

NEW YORK — The U.S. government is nearing a deal to inject Bank of America Corp. with billions of dollars in more aid, The Wall Street Journal r...

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Barney Frank: Banks "Distorting" Government Bailout Plan

AP | JOHN DUNBAR | Posted 05.25.2011

Read More: Barney Frank, Barney Frank Banks, Barney Frank Bailout Plan, Bailout Plan, Bailout, Bailout Banks, Business News

WASHINGTON — The chairman of the House Financial Service Committee accused financial institutions on Friday of "distorting" the government's $70...

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Some Banks May Tell Treasury To Keep Bailout Cash

New York Times | EDMUND L. ANDREWS | Posted 05.25.2011

Read More: Bailout Cash, Banks, Bailout Banks, Treasury Department, Business News

Talk about biting the hand that feeds you. The American Bankers Association complained on Thursday that bankers around the country were "extremely up...

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