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Former Treasury official: AIG no longer 'too big to fail'
Stacey Vanek Smith Sep 10, 2012
The former Chief Restructuring Officer at the U.S. Department of the Treasury says the government could end up making $20 billion on the AIG bailout
Neil Barofsky on the failures of TARP
Jeff Horwich Jul 24, 2012
The Troubled Assets Relief Program -- TARP -- was the formal name for what we often just call "the bailout." In 2008 Congress allocated $700 billion to stabilize the U.S. financial industry. Congress and President Bush assigned one man to build a team, and police all that spending.
New fears of Spanish bailout rise
Stephen Beard Jul 23, 2012
Overseas markets are sliding this morning on new worries about Spain. After last week's bank bailouts, that seemed like an end to the country's crisis, Spain's borrowing costs are up again to 7.5 percent.
Cyprus requests eurozone bailout
Stephen Beard Jun 26, 2012
The tiny Mediterranean island nation of Cyprus is formally asking for a bailout from Europe. The country says it needs more than $10 billion from its eurozone partners to avoid default.
After Moody's downgrade, will banks need bailouts?
Heidi N. Moore Jun 22, 2012
After U.S. markets closed yesterday, the rating agency Moody's delivered more bad news -- this time to 15 of the world's largest banks, including the biggest American banks. The fine print of the downgrade hints at more bank bailouts down the road.
The future of Greece, and other financial crises
Kai Ryssdal Jun 19, 2012
A conversation with Neel Kashkari, the former head of TARP and now head analyst with PIMCO, on what Europe can learn from the U.S.'s own financial storm.
Spain in trouble as borrowing costs rise over 7%
Jeff Horwich Jun 19, 2012
If yesterday was all about Greece, today belongs to Spain. Concern about Spanish banks has pushed the government's borrowing costs over 7 percent. That's a level that pushed other smaller European countries -- like Greece -- over the edge.
How bailout plans have changed
Jeff Horwich Jun 18, 2012
The stabilizing election result in Greece does not change the reality that banks are on the brink in a number of European countries. And there's hot debate in Europe over just how much the European Central Bank should do to bailout the banks -- a problem we can relate to here in the states.
Spanish bailout won't alleviate the eurozone crisis
Heidi N. Moore Jun 11, 2012
A closer look at Spain's economy shows its fundamental problems won't be simply solved by the $125 billion bailout.
Ireland votes on EU fiscal discipline treaty
Stephen Beard May 31, 2012
Today, Ireland is holding a referendum on whether to ratify Europe's new fiscal discipline pact. A vote against the treaty would challenge German-backed austerity measures.
