Treasury Forecasts Smaller Loss From Bank Rescue - NYTimes.com

Courtesy Newsvine - business  Mon, 12/07/2009 - 02:16

The Treasury Department expects to recover all but $42 billion of the $370 billion it has lent to ailing companies since the financial crisis began last year, with the portion lent to banks actually showing a slight profit, according to a new Treasury report.


 

Related items

Treasury announces plans for first Citigroup sale
The Treasury Department said Monday that it plans to sell up to 1.5 billion shares of Citigroup stock, its latest move to unwind the support it provided big banks during the financial crisis.

Pay czar: 17 bailed-out banks overpaid bonuses
The Treasury Department's pay czar says 17 banks gave their top executives $1.6 billion in lavish payments while they were receiving billions of dollars in taxpayer-funded bailouts.

Banks Paid $1.6 Billion in Excessive Bonuses,...
Citigroup and Goldman Sachs are among the 17 companies that the special master for executive pay is expected to spotlight for making lavish payouts during the financial crisis.

Sony BM575A Portable Microcassette Dictator
Sony BM575A Portable Microcassette Dictator

ViewSonic PJ551D 2300 Lumen DLP XGA Projector
The ViewSonic PJ551D is a DLP projector that offers great value and performance in a portable six-pound package. Featuring 2,300 lumens, an ultra-high 2000:1 contrast ratio (typ) and...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com