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bloomberg.com - 3/16/2009
Geithner Expects ‘Many’ Banks Will Repay Government TARP Funds
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March 12 (Bloomberg) -- U.S. Treasury Secretary Timothy Geithner said he wouldn’t prevent banks from returning government capital and predicted that “many” would. Still, Geithner urged firms that get money from the Troubled Asset Relief Program to keep it until they can replace it with private ...
delong.typepad.com - 3/22/2009
The Geithner Plan FAQ
— delong.typepad.com — Q: What is the Geithner Plan? A: The Geithner Plan is a trillion-dollar operation by which the... U.S. acts as the world's largest hedge fund investor, committing its money to funds to buy up risky and distressed but probably fundamentally ... (more) The Geithner Plan FAQ

Comments vote down Matthew Yglesias found this 3/22/2009found this
Treasury Attempts to “Blame Dodd” for AIG Bonuses
firedoglake.com - 3/17/2009
Treasury Attempts to “Blame Dodd” for AIG Bonuses
— firedoglake.com — photo by Barrybar In an attempt to get out of the way of the AIG bonus train... wreck, it looks like the designated sin eater is going to be Chris Dodd : The administration official said the Treasury Department did its own legal analysis and ... (more) Treasury Attempts to “Blame Dodd” for AIG Bonuses

Comments vote down Open Left - Front Page found this 3/17/2009found this
Who Stole Our Country, and How are We Going to Get It Back?
firedoglake.com - 3/16/2009
Who Stole Our Country, and How are We Going to Get It Back?
— firedoglake.com — The White House is worried about backlash over AIG's payout of $450 million in bonuses to the... executives in its high flying Financial Services Group, the out-of-control derivatives trading arm that looted the company, destroyed its stock and ... (more) Who Stole Our Country, and How are We Going to Get It Back?

Comments vote down Eschaton found this 3/16/2009found this

Blog Reactions

TPM Election Central:  Dem Congressman on AIG: 'One of Those Times We Have to Amputate'

Open Left - Front Page:  Knock On Doors For More AIG Bonuses!

Comments
Blog Reactions

Dem Congressman on AIG: 'One of Those Times We Have to Amputate'
TPM Election Central — ... There is one question, however, on which the freshman Democrat was openly skeptical of the administration. Grayson pointed out that the White House budget included a $250 billion "placeholder" pot of money, the purpose of which is an open secret in the Capitol. ...

Knock On Doors For More AIG Bonuses!
Open Left - Front Page — ... However, even though mobilizing supporters to pass his budget and demanding money back from AIG look good in isolation, there is a serious cognitive dissonance problem when they are viewed side by side. Namely, President Obama's budget contains $250 billion "placeholder" in money to companies like AIG, which will undoubtedly continue to be used to pay financial services executives huge bonuses. ...

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Nine Banks to Repay TARP Money
online.wsj.com 6/9/2009 — The Treasury Department expects an initial payback from the nation's largest banks of at least $50 billion in bailout funds, according to people familiar with the matter, double the amount the government initially expected to recoup. In addition, ...
Banks are now eager to repay TARP
charlotteobserver.com 3/26/2009 — For relatively strong banks, doing business with the government may be more trouble than it's worth. Banks are publicly declaring their intent to pay back loans from the Troubled Asset Relief Program, or TARP, as quickly as they can. They range from ...
Video: 06/04 Banks Try To Repay TARP
marketnewslive.blogspot.com 6/4/2009 — 06/04/09 Banks raise money to repay the government bailout, the bailout one CEO referred to as the "scarlett letter."
Can Geithner stop banks withdrawing from TARP?
blogs.reuters.com 4/21/2009 — What's more, banks like Goldman and JP Morgan seem to think that repaying TARP funds will give them an artificial advantage over the rest of the big players, especially when it comes to things like executive compensation. ... 7001, SEC 111(g) of the ...
Banks to Repay Bailout Funds
truthdig.com 6/9/2009 — Some of the country’s major banks are prepared to pay back money they borrowed under the TARP program, but don’t get too excited. The initial repayment is expected to be a meager $50 billion, which Timothy Geithner wants to inject ...
VIDEO: Banks risk 'stigma' if they can't repay TARP, senator warns
briefingroom.thehill.com 4/23/2009 — Banks risk being stigmatized if they are prevented from repaying their loans, Sen. Kit Bond (R-Mo.) cautioned Wednesday. "I do know there are a lot of banks who really chafe under the stigma of having TARP money," Bond told CNBC this afternoon. "And ...
U.S. Said to Plan Approval Today for 10 Banks to Repay TARP
bloomberg.com 6/9/2009 — June 9 (Bloomberg) -- The Treasury is preparing to announce today it will let 10 banks buy back government shares, people familiar with the matter said, signaling confidence some of the largest U.S. lenders won’t again need a taxpayer rescue. ...
Do Not Repay This Loan
legalinsurrection.blogspot.com 4/20/2009 — The Financial Times reports that banks and other financial institutions which received TARP funds may not be allowed to repay the loans. Yes, that is correct: Strong banks will be allowed to repay bail-out funds they received from the US government ...
What Geithner Still Needs To Do
tpmcafe.talkingpointsmemo.com 2/10/2009 — Tim Geithner had to do two things this morning: (1) raise public confidence in the whole idea of bailing out the banking system, enough to allow the administration to use the second $350 billion Congress has already authorized without too much ...
Bailout Overseer To Ask Banks To Track Funds
tpmmuckraker.talkingpointsmemo.com 1/23/2009 — Could we finally be headed for a whole new level of transparency and oversight over the bailout funds? Neal Barofsky, the inspector general for the TARP program, today sent a letter to Sen. Charles Grassley, the ranking Republican on the Finance ...
Obama plans to boost small business lending — CNN.com - Politics 3/16/2009
President Obama and Treasury Secretary Tim Geithner on Monday will announce administration plans to make lending to small businesses more attractive, two senior administration officials said.
Road to Rescue: A White House lifeline to small biz — CNN Political Ticker 3/16/2009
NEW YORK (CNNMoney.com) — President Obama and Treasury Secretary Tim Geithner will elaborate Monday on the administration's plans to make lending to small businesses more attractive, two senior administration officials confirmed. Many small ...
Obama to attempt to block AIG executive bonuses — CNN Political Ticker 3/16/2009
WASHINGTON (CNN) — President Barack Obama said Monday he will attempt to block bonuses to executives at ailing insurance giant AIG, payments hedescribed as an "outrage." "This is a corporation that finds itself in financial distress due to ...
Obama vows to help small businesses — CNN Political Ticker 3/16/2009
WASHINGTON (CNN) — President Obama vowed Monday to ease the financial plight of the nation's small businesses, promising immediate action to revive frozen credit markets. Obama made his remarks to reporters after he and Treasury Secretary Tim ...
Team Obama outlines small business help — First Read 3/16/2009
From NBC's Athena Jones Treasury Secretary Tim Geithner today called on banks to make an extra effort to "serve the larger public good" by making loans available to creditworthy borrowers, as he and the president announced a plan to help small ...