Federal Bailout Funds

Full text of the Republican House leader's speech on the economy, demanding the Democrats take responsibility for prolonged unemployment....

With U.S. Treasury bond yields crashing to new lows Wednesday, it looks like many bond buyers are making a simple bet: They’ll be able to sell to the Federal Reserve at even lower yields later this year. In other words,......

The “sponsor wanted” sign that's been hanging over the World Golf Championships event at Doral Golf Resort & Spa for the past seven months might finally be in the process of coming down. According to a SportsBusiness Journal report, General...

The Treasury Department said Thursday that it had received an additional $1.8 billion from General Motors' stock offering last month, bringing the total haul to $13.5 billion to help pay down the automaker's taxpayer-funded bailout. The additional money...

While Ford was making noise about not taking federal bailout money, they and other major automakers (both foreign and domestic) got federal aid to the tune of tens of billions of dollars when the economy tanked in 2008. Yesterday, the......

The Treasury Department has recovered 70% of the money distributed under the $700-billion bailout fund after American International Group paid back $6.9 billion of the money it owed. AIG made the repayment Tuesday after selling its holdings in MetLife...

The Internal Revenue Service is already out with a bulletin on tax advice for people who wish to make contributions to relief agencies and organizations helping Japanese earthquake victims. First, consult Disaster Relief -- Resources for Charities and...

The U.S. Treasury said it booked a profit of $12 billion on its $45-billion bailout of banking giant Citigroup Inc....

Justice Department probes legal battle between TCW Group and DoubleLine Capital's Jeffrey Gundlach...

Pasadena's East West Bancorp, the Chinese-American powerhouse, has repaid its more than $300-million slice of bailout funds from the U.S. Treasury. Several Southern California banks are still struggling even to make dividend payments on their...

Rep. Maxine Waters is questioning whether Bank of America's $2.8-billion settlement with Fannie Mae and Freddie Mac this week was a little too sweet -- even "a backdoor bailout" by the government, as Waters (D-Los Angeles), a longtime member of......

Bailed-out insurance giant American International Group on Friday moved closer to repaying the government for its rescue, completing a stock conversion deal with the Treasury Department that is key to unwinding the federal stake in the company. The...