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Watchdog: Gov't may have overpaid to bail out AIG
WASHINGTON - Officials handling the multibillion dollar bailout of insurance giant American International Group Inc. mismanaged an initial rescue attempt and may have overpaid other banks to wind down AIG's business relationships, a government watchdog says.
People:Timothy Geithner Activities:2008 AIG Crisis
2009-11-16
Rush to bail out AIG led to higher costs: audit
WASHINGTON (AFP) - The Federal Reserve's haste in bailing out AIG last year forced the US government to come up with tens of billions of dollars more for the insurance giant's counterparties, auditors said.
People:Timothy Geithner Source:(AFP)
2009-11-16
Ex-BofA exec says no role in bonuses
WASHINGTON - The deposed top attorney of Bank of America Corp. says he played no role in drafting the bank's agreement to allow Merrill Lynch to pay billions of dollars in bonuses to its employees nor in decisions on whether to disclose the bonuses to shareholders.
Nations:U.S. People:Timothy Geithner Source:(AP)
2009-11-16
Geithner backs strong US dollar, praises China
SINGAPORE (AFP) - US Treasury Secretary Timothy Geithner on Thursday said a strong dollar was "very important" to the United States and praised China's role in the global economic recovery.
Nations:Russia People:Timothy Geithner Barack Obama Source:(AFP)
2009-11-12
GMAC still short of capital, may get extra aid
WASHINGTON (AFP) - GMAC, the former finance arm of General Motors, needs more capital to meet buffer requirements under the "stress tests" of banking groups conducted this year, the Federal Reserve said Monday.
People:Timothy Geithner
2009-11-09
| Headlines |
- Watchdog: Gov't may have overpaid to bail out AIG 2009-11-16
- Rush to bail out AIG led to higher costs: audit 2009-11-16
- Ex-BofA exec says no role in bonuses 2009-11-16
- Geithner backs strong US dollar, praises China 2009-11-12
- GMAC still short of capital, may get extra aid 2009-11-09
- Economic forecasts in bank tests miss their mark 2009-11-09
- CIT Group's biggest hurdle: Keeping customers 2009-11-02
- Geithner: Recovery could be 'a little choppy' 2009-10-31
- Financial overhaul bill gets wary reception 2009-10-29
- Economy returns to growth after deep slump 2009-10-29
- U.S. GDP encouraging: Geithner 2009-10-29
- Dem bill urges new powers over financial firms 2009-10-27
- Are Fed, Treasury finally giving banks some tough love? 2009-10-22
- U.S. launches aid for state, local housing agencies 2009-10-19
- U.S. must live within its means: Geithner 2009-10-17
- Tougher US warning says China not manipulating yuan 2009-10-16
- Congress to probe compensation at AIG, others 2009-10-14
- Finance chiefs warn on recovery as G7 meets 2009-10-03
- Geithner urges watchdog, Frank cites death panels 2009-09-23
- Obama seeks G-20 support to repair global economy 2009-09-22
- Risk-taking is back for banks 1 year after crisis 2009-09-13
- Core financial reforms to succeed: Geithner 2009-09-10
- Obama says US still faces complex economic crisis 2009-09-07
- Obama officials: Taxes may rise to pay health care 2009-08-03
- Officials see US economic growth in 2nd half 2009-08-03
- Geithner: Lower deficit key to sustaining recovery 2009-08-02
- More steps may be needed on economy: Geithner 2009-08-02
- US, China seek common ground 2009-07-28
- U.S., China vow closer ties to lead global recovery 2009-07-28
- US, China have pointed questions in private 2009-07-28
- China's exit strategy hinges on US recovery: Zhou 2009-07-28
- Top US officials seek to reassure Chinese 2009-07-27
- Obama says US, China to shape 21st century 2009-07-27
- Obama calls for deeper U.S.-Chinese ties 2009-07-27
- US hopes China talks spur economic recovery, jobs 2009-07-26
- Geithner defends financial oversight reform 2009-07-24
- Bernanke, Geithner clash on consumer protection 2009-07-24
- Geithner sees US finance system improving 2009-07-16
- Refusing bailout for CIT, gov't draws line in sand 2009-07-15
- US commerce secretary urges China to open markets 2009-07-15
- Geithner urges Gulf countries to invest in US 2009-07-14
- Autos lift U.S. retail sales; inflation perks up 2009-07-14
- Budget deficit tops $1 trillion for first time 2009-07-13
- Geithner departs on Mideast, Europe tour 2009-07-12
- New financial rules: Major changes for big, small 2009-06-17
- Lee and Obama to discuss North Korean threats 2009-06-16
- U.S. financial regulation reforms outlined 2009-06-15
- Administration calls for financial system overhaul 2009-06-15
- IMF projects 'solid' US recovery in mid-2010 2009-06-15
Matches Shown: | 1-50 | 51-100
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