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Bailout Banks

U.S. Officially Ends The Auto Bailout, WIth A Profit

Reuters | Posted 12.19.2014 | Politics

(Adds details on timing of sale, share price movements) WASHINGTON, Dec 19 (Reuters) - The United States closed out its last big inves...

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

AP | DANIEL WAGNER | Posted 05.25.2011 | Business

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

Ryan Grim

Ignoring Watchdog Report, Treasury Gives Three Major Banks Sweetheart Deals

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

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

Bailed-Out Banks Raising Pay For Execs

Washington Post | Tomoeh Murakami Tse | Posted 05.25.2011 | Business

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...

Bailout Firms Increase Lobbying In 2Q

AP | Marcy Gordon, AP Business Writer | Posted 05.25.2011 | Business

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

Most Bailed Out Banks Reduced Lending Since Getting Funds

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

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...

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

Bloomberg News | Posted 05.25.2011 | Business

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...

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

New York Post | Posted 05.25.2011 | Business

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...

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 | Business

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...

Biggest Bailed-Out Banks Bouncing Back

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

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

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

ABC News | Posted 05.25.2011 | Business

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...

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

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

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

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

wsj.com | MICHAEL R. CRITTENDEN | Posted 05.25.2011 | Business

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...

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

AP | Posted 05.25.2011 | Business

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...

Barney Frank: Banks "Distorting" Government Bailout Plan

AP | JOHN DUNBAR | Posted 05.25.2011 | Business

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

Some Banks May Tell Treasury To Keep Bailout Cash

New York Times | EDMUND L. ANDREWS | Posted 05.25.2011 | Business

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