Troubled Assets Relief Program

...takes your capital because the others will advertise against us,'" Herbert Allison Jr., the assistant Treasury secretary in charge of TARP, said in an interview. "There is a stigma and it's frustrating, frankly." Meanwhile, TARP is set to...

In this article: TARP, Timothy Geithner, General Motors, Small business, Moody's, American International Group, Treasury Department, and George W. Bush

...comes with limitations on pay, dividend payouts and share repurchases. Nine banks may soon be allowed to repay money borrowed under TARP, if they have been able to raise common equity recently and if they show they would continue to exceed...

In this article: TARP, Federal Reserve, Citigroup, U.S., Troubled Asset Relief Program, Regions Financial Corp, SunTrust, PNC Financial Services Group, Fifth Third Bancorp, and GMAC

*Fed asked stress-tested banks to plan TARP exit *Banks must prove they can raise common equity (Updates with bank names, bullet points, detail) By Mark Felsenthal The U.S. Federal Reserve this month asked banks that were part of its...

In this article: TARP, U.S., Federal Reserve, Citigroup, Troubled Asset Relief Program, Regions Financial Corp, PNC Financial Services Group, Fifth Third Bancorp, Wells Fargo & Co, and GMAC

...part of "stress tests" conducted earlier this year to submit plans to repay money injected under the Troubled Asset Relief Program (TARP), Bloomberg said, citing a person familiar with the situation. The banks may be allowed to repay the...

In this article: TARP, Thomson Reuters, The Federal Reserve, U.S., All rights reserved, Troubled Asset Relief Program, Small business, NYSE, and Nasdaq

...as soon as we can," Geithner said of the $700 billion bailout fund, known as the Troubled Assets Relief Program. Congress approved TARP at the height of the financial crisis in October 2008 as a way to supply banks with fresh capital.

In this article: Timothy Geithner, Joint Economic Committee, Kevin Brady, Charles Schumer, China, White House, and Bear Stearns

...to make the firm look good, shortchanged creditors and shareholders. Another example of how optics can be so expensive. Selling TARP warrants the wrong way. The smartest part of the Troubled Assets Relief Program, as far as taxpayers...

In this article: Citigroup, Time Warner, AOL, J.P. Morgan Chase, Turkey, CIT Group, Bankruptcy, Fortune magazine, and United Commercial Bank

...program. He said he aims to keep it from turning into what he called "a political slush fund." About $139 billion in original TARP funds remain unallocated and available to the Treasury Department. Banks have returned about $71 billion...

In this article: Treasury Department, John B. Larson, White House, Timothy F. Geithner, Tax, Small business, Derivative, and Unemployment

Posted Thursday, November 19, 2009 - 5:58am Luxury retailers that have cut their inventories this season are already selling out of hot items, the New York Times reports. High-end stores, like Neiman Marcus and Saks (SKS), are treading...

In this article: Hershey, Old Navy, Gap, Saks, Barnes & Noble, Amazon, BusinessWeek, Sony, and Small business

...program. On Nov. 6, United Commercial Bank of San Francisco failed, becoming the first recipient of the Troubled Assets Relief Program, or TARP, to collapse. The cost to taxpayers: $299 million. Analysts expect more bailed-out firms to...

In this article: CIT Group, Bankruptcy, The Fed, Treasury Department, On the merits, General Motors, and American International Group

Health insurer Coventry Health Care said that Michael Stocker, the chairman of New York City Health and Hospitals Corp., will join its board of directors. Stocker has also worked at Cigna, Empire Blue Cross Blue Shield, and at WellPoint...

In this article: WGL Holdings, Richard D. Fairbank, Natural gas, Revenue, Coventry, Thomson Reuters, and Coventry Health Care