bank bailout

The European Union is moving ahead with plans to shield taxpayers from having to bail out big banks in the future, but there are substantial obstacles to making bondholders share losses.

President Barack Obama on Thursday will propose major U.S. financial firms pay a fee to protect taxpayers from up to $117 billion in losses on a bank bailout that has spurred fury at Wall Street excess.

OKLAHOMA CITY (PRESS RELEASE – December 29, 2009) – The U.S. Department of the Treasury recently announced that Oklahoma-based Avondale Investments, LLC, is one of the selected six firms from more than 200 submissions nationwide to help manage its portfolio of assets in the wind-down phase of the Capital Purchase Program (CPP) and other programs under the Emergency Economic Stabilization Act (EESA) commonly known as the “bank bailout bill.” CPP, which is currently only open to small banks, will effectively close at the end of the year.

Nearly a year after the federal rescue of the biggest U.S. banks, taxpayers have begun seeing profits from the hundreds of billions of dollars in aid that many critics thought might never be seen again.

Morgan Stanley says it repurchased warrants issued to the government as part of last fall's bank bailout program for $950 million.

The government has tens of billions of dollars left in the eye-popping $700 billion bank bailout fund created last fall, prompting a debate in Congress over what to do with it.

Herbert Allison, the former head of troubled mortgage giant Fannie Mae, has been confirmed to oversee the government's $700 billion bank bailout program.

Goldman Sachs Group says it has fully repaid the $10 billion it received last fall as part of the government's $700 billion bank bailout program.

The congressional panel investigating what happened to all that bank bailout money has issued a subpoena to the Federal Reserve, asking them to hand over all documents relating to the takeover of Merrill Lynch by the Bank of America...