bailout

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Spanish leader yet to agree on bailout conditions

Sep 11, 2012
Last week in Europe there was relative euphoria: The European Central Bank said it stood ready to buy the government bonds of any nation that came seeking its help. That would help countries like Spain and Italy keep their borrowing costs down, and keep them from lapsing into financial crisis.
Posted In: spain, Europe debt crisis, bailout

U.S. selling AIG stake, but still holds many others

Sep 10, 2012
The U.S. government will continue to hold major stakes in the housing and financial worlds even though it is set to sell most of its remaining investment in AIG.
Posted In: AIG, bailout

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
Posted In: AIG, bailout, financial crisis, U.S. Treasury

Neil Barofsky on the failures of TARP

Jul 23, 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.
Posted In: TARP, bailout, Banks

New fears of Spanish bailout rise

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.
Posted In: Europe debt crisis, spain, bailout

Cyprus requests eurozone bailout

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.
Posted In: cyprus, Greece, Europe debt crisis, bailout

After Moody's downgrade, will banks need bailouts?

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.
Posted In: Moody's, banking, bailout

Spain in trouble as borrowing costs rise over 7%

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.
Posted In: spain, banking, bankia, bailout

The future of Greece, and other financial crises

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.
Posted In: financial crisis, Neel Kashkari, Greece, bailout

How bailout plans have changed

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.
Posted In: Federal Reserve, bailout

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