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General Motors plans to buy back government shares

Dec 19, 2012
General Motors has just announced it is going to buy back 200 million of its shares from the Treasury Department, which plans to sell the rest of its GM shares in the next year or so.

General Motors hopes to break free of Treasury

Sep 17, 2012
According to a piece in this morning's Wall Street Journal, the U.S. Treasury's welcome at General Motors is wearing thin. GM is reportedly pushing for the government to sell most or all of its remaining stake -- currently about a quarter of the company. But the Obama administration seems to be in no hurry to exit.

Former Treasury official: AIG no longer 'too big to fail'

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
Former Chief Restructuring Officer Jim Millstein prepares to testify before a Congressional Oversight Panel in February 25, 2010. Millstein, who oversaw the restructuring of insurance giant AIG, now says the bailout could net the U.S. $20 billion in profit.
Ann Heisenfelt/Getty Images

U.S. Treasury to sell $18 billion in AIG stock

Sep 10, 2012
Stock sale would reduce the U.S. government's stake in the once-troubled insurance firm to less than half for the first time since it bailed out AIG in 2008.

U.S. Treasury yield hits 60 year low

May 30, 2012
As investors cope with uncertainty in Europe, the interest on the 10-year Treasury note, the benchmark cost of U.S. debt, hit a record low of 1.6 percent.
Traders signal offers in the 10-year Treasury note options pit at the CME Group in Chicago, Illinois.
Scott Olson/Getty Images

Obama sends economic adviser to Europe

May 30, 2012
With borrowing costs spiking for Spain and Italy, the Obama administration has sent a top treasury official to Europe to encourage European leaders to take decisive action on their financial mess.

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A cautionary tale on money market mutual funds

Mar 12, 2012
You can't trust the money market mutual fund pledge not to break a buck -- at least not with your safe money, the money you depend on to be there in tough times like 2008.

The future of low-cost borrowing

Feb 28, 2012
The Federal Reserve's policy of low interest rates allows the government to borrow money at little cost. But analysts predict it's just a matter of time before interest rates shoot back up.