Jun 27, 2013 After hours of high stakes negotiations, European finance ministers have struck a deal to help shield taxpayers from bank failures.
Jan 24, 2013 Alan Blinder, an economist and former vice chairman of the Federal Reserve, discusses why he thinks the government doesn't get enough credit for saving the U.S. economy from a much worse fate.
Jan 8, 2013 AIG board mulls whether to join a former CEO in suing the U.S. government for shortchanging shareholders in a $182 billion financial crisis bailout.
Jul 23, 2012 Former TARP Inspector General Neil Barofsky talks about his new tell-all, "Bailout," on what went on during the height of the financial crisis.
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.
Jul 11, 2012 In Spain today, the government announced new austerity measures to meet the terms of the bank bailout early this month: $80 billion worth of tax increases and pay and benefit cuts.
Jun 11, 2012 European leaders agreed to bail out Spain's banks to the tune of $125 billion over the weekend. Spanish banks were hemorrhaging cash ahead of this weekend's crucial election in Greece -- that could lead to a Greek exit from the euro.
Jun 11, 2012 Wounded banks in Spain will now be able to draw up to $125 billion in money from the EU. Spanish Prime Minister Mariano Rajoy credited government reforms with limiting the scope of the financial crisis to the banking system.
Jun 11, 2012 Now that Spain has received a favorable bailout deal, will other countries in Europe expect the same?