lifeline

Talk of GM bankruptcy filing fuels debate

Wed, 19 Nov 2008 13:45:15 -0600

The nation’s top auto executives are on Capitol Hill this week begging for a lifeline, but the request is just a tad more desperate for General Motors Chief Executive Rick Wagoner.

News Analysis: Britain Takes a Different Route to Rescue Its Ban...

Wed, 08 Oct 2008 21:35:35 -0500

Britain offered a $88 billion government lifeline for the nation’s banks Wednesday, a solution that it hailed as a quicker one to the credit crisis than the U.S. bailout plan.

Lehman sought millions for execs while seeking aid

Mon, 06 Oct 2008 10:46:23 -0500

The now-bankrupt investment bank Lehman Brothers arranged millions in bonuses for fired executives as it pleaded for a federal lifeline, lawmakers learned Monday, as Congress began investigating what went so wrong on Wall Street to prompt a $700 billion government bailout.

AIG shares tumble as it fights for a lifeline

admin — Tue, 16 Sep 2008 16:00:18 -0500

Shares of AIG fell Tuesday as investors questioned whether the huge insurer would come up with more money to stay in business and avoid igniting even more global financial turmoil.

New York State Throws Big Insurer a Lifeline

Mon, 15 Sep 2008 15:13:16 -0500

The state will allow A.I.G. to borrow $20 billion from its subsidiaries to bolster its capital as it faces huge credit downgrades.

Washington offers no relief for savers

Mon, 18 Aug 2008 12:21:24 -0500

Two giant mortgage companies get into hot water over risky investments. The government steps in to throw them a lifeline should they need it.

Stocks Rise on Fed Lifeline to Wall St.

Mon, 10 Mar 2008 20:57:56 -0500

Wall Street rebounded sharply Tuesday after the Federal Reserve and other central banks said they will pump $200 billion into the financial markets to help ease the strain from the credit crisis. The Dow Jones industrials surged about 150 points.