Geithner: More TARP paybacks coming

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Timothy Geithner

politicalticker.blogs.cnn.com - 25 days ago

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NEW YORK (CNNMoney.com) - Treasury Secretary Timothy Geithner said Tuesday he expects a wave of banks to soon return government bailout money to taxpayers. "It will depend on the institution, but for major banks in the country I think that money will come back relatively quickly," he said. Speaking before the annual meeting of Securities Industry and Financial Markets Association in New York, Geithner offered few details on when those repayments could happen and from which companies. ...

washingtonexaminer.com - 30 days ago

Examiner Editorial: Uncovering the bull under the bailout

— washingtonexaminer.com — Congress put American taxpayers on the hook for $700 billion last year when it approved the massive bailout to paper over the imprudent lending decisions of nine Wall Street giants: Bank of America, Citigroup, Wells Fargo, JP Morgan Chase, Goldman ... (more) Examiner Editorial: Uncovering the bull under the bailout

Congress

TARP

Bailout Plan

Comments vote down Dissecting Leftism found this 30 days agofound this

powerlineblog.com - 10/22/2009

Cut Their Pay and Send Them Home

— powerlineblog.com — Today "compensation czar" Kenneth Feinberg announced the Obama administration's plan to punish executives of companies that received TARP money by cutting their compensation by an average of 90 percent: Under the plan, which will be announced ... (more) Cut Their Pay and Send Them Home

White House

TARP

Comments vote down Instapundit found this 10/22/2009found this

huffingtonpost.com - 25 days ago

Robert Reich: Breaking Up the Big Banks, and Why Congress Won't Do It

— huffingtonpost.com — And now there are five -- five Wall Street behemoths, bigger than they were before the Great Meltdown, paying fatter salaries and bonuses to retain their so-called"talent," and raking in huge profits. The biggest difference between now and last ... (more) Robert Reich: Breaking Up the Big Banks, and Why ...