May 28, 2012 The Spanish government is wrangling with how to rescue its troubled banks. The Spanish bank Bankia needs about $24 billion in new capital.
May 28, 2012 Markets in Europe are mixed today: Greece is way up and Spain is down. Though both countries face major economic troubles, the level of uncertainty may be the key in determining their market variation.
Apr 25, 2012 A report out today from the special inspector general who oversees the 2008 bank bailout known as TARP has some bad news about small banks. He says more than 300 small banks that borrowed money from the federal government during the financial crisis have yet to pay it back.
Apr 25, 2012 In a report to congress, TARP's inspector general says while the program will likely end up making a profit for taxpayers, there's ongoing worry that many small banks are having trouble paying back the feds.
Heidi N. Moore
Apr 25, 2012 The Troubled Asset Relief Program’s inspector general says bailout funds helped community banks, but many are struggling to raise fresh capital.
Dec 14, 2011 Polls show that Americans are not paying much attention to the debt crisis in Europe.
Nov 29, 2011 Reporter Richard Teitelbaum discusses U.S. Treasury Secretary Henry Paulson and information given in advance to hedge fund managers on Fannie Mae and Freddie Mac interventions.
Sep 21, 2011 And this final note. The biggest bankruptcy in U.S. history may soon be history. Today, a judge granted approval for creditors of Lehman Brother...
Sep 21, 2011 This final note today, in which I somehow naively hope will be the last time we'll have to say the word "TARP" on this program....