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Saturday, November 21, 
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Entries tagged "TARP oversight"

Citi pay raises generate political heat

Sen. Chris Dodd, D-Conn., attacked Citigroup's plans to hand out raises while keeping its $45 billion in Troubled Asset Relief Program money.


Allison, Warren together for the first time

Assistant Secretary of the Treasury Herb Allison on Wednesday delivered his first public testimony since being confirmed June 19 to head the Troubled Asset Relief Program.


Finally, some extra hands at Treasury

Treasury Secretary Timothy Geithner finally has help with the recent confirmation of three new high-level staffers.


Geithner opens TARP's books

Ahead of congressional testimony, the Treasury secretary sends a letter to TARP watchdog Elizabeth Warren offering an account of where the TARP money has gone.


Treasury continues image control

The Wall Street Journal turns the spotlight on Treasury's TARP CIO James Lambright and portrays him as a swaggering boxer looking out for the taxpayer.


Populism, and a Goldman that wants to be free

As Democrats in Congress ponder more restrictions on TARP recipients, Goldman Sachs reportedly is planning to repay the Treasury, but is it too late?


The bonus tax and the problem of bailout banks

Will the bonus tax essentially re-instate a schism in finance akin to the old Glass-Steagall restrictions?


U.S. Bancorp, Northern Trust to pay back TARP

Barney Frank announced that Northern Trust has already paid back its borrowed TARP funds and U.S. Bancorp will likely follow.


Northern Trust Open results in Frank's wrath

Massachusetts Congressman Barney Frank is demanding that Northern Trust pay the government back for the money it spent on lavish parties and concerts.


Feds say they will prop up all the big banks

"Too big to fail" institutions need no longer fear the stress test results as the Treasury and Fed came out with a pre-emptive guarantee Monday to prop them up.


Can we clean up the banks without a credit culture?

With the explosion in debt securitization in the 1990s, traditional bankers were forced into retirement, leaving Wall Street only with the quants who created the crisis.


Treasury says lending flattens in fourth quarter

The 20 largest recipients of capital from the Treasury's Troubled Asset Relief Program reported modestly declining total loan balances during the last three months of 2008.



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Easing the stress of distressed M&A

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Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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