Cyprus bailout tax causes alarm around the world

Mar 18, 2013
Julia Coronado, chief economist with the investment bank BNP Paribas, explains how the situation in Cyprus is rippling out to other economies around the world.
Posted In: cyprus, Europe debt crisis, bailout

Cyprus bailout: Depositors face tax, hurry to withdraw cash

Mar 18, 2013
Financial markets in Asia and Europe fell sharply today thanks to the unusual terms of the EU bailout of Cyprus. A tax of up to 10 percent on bank deposits in Cyprus was proposed to defray some of the cost of the bailout.
Posted In: cyprus, bailout, Europe debt crisis

5 things you need to know about Cyprus' economy

Mar 18, 2013
As Cyprus debates a controversial bailout plan to tax savings accounts, here are the five things you need to know about Cyprus, its economy, and why it is important to the global economic recovery.
Posted In: cyprus, Greece, bailout, Europe debt crisis

Giving credit to the government for the bailout

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.
Posted In: bailout, financial bailout, TARP, stimulus, Federal Reserve

AIG has to consider lawsuit against U.S.

Jan 9, 2013
AIG's board must consider the shareholder lawsuit, because it is charged with acting in the best interests of its shareholders.
Posted In: AIG, bailout, lawsuit

AIG: 'Thanks for the bailout. See you in court?'

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.
Posted In: AIG, bailout, bank bailout

Would no GM bailout have been worse?

Dec 19, 2012
The government is on track to lose money on the GM bailout. But would doing nothing have cost more?
Posted In: GM, bailout, Auto, General Motors

Keeping tabs on the bailout

Dec 11, 2012
Sure, AIG's rescue turned a profit, but what about the rest of the bailouts?
Posted In: AIG, bailout

U.S. to profit from selling remaining stake in AIG

Dec 11, 2012
It looks like the U.S. government’s rescue of insurance giant AIG is coming to an end. And, amazingly enough, it’s a happy ending: The government is selling the last of its AIG stock -- for a profit.
Posted In: AIG, bailout, government spending

Spain's banks to suspend foreclosures for the needy

Nov 16, 2012
The Spanish government is suspending foreclosures for the neediest homeowners just a week after a woman there committed suicide when officials arrived at her apartment to seize it.
Posted In: spain, Europe debt crisis, bailout