Entries tagged "TARP recipients"

House to vote on tax for bailout bonuses

The legislation would tax bonuses above $5 million at 90% that come from institutions receiving TARP money.

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.

Details on government aid deal for Citigroup

Citigroup's deal with Uncle Sam will not require additional taxpayer money and could increase the government's stake by 28%.

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.

How long will GM keep brainwashing Congress?

The automakers have so convinced Congress about the dangers of a Chapter 11 filing that it really shouldn't come as a surprise if the government pumps another $21 billion into the companies.

Detroit bailout checklists

Corporate Dealmaker has assembled an outline of just what Chrysler and GM want and plans on doing over the coming months.

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.

Congressmen fight for Citi Field

Five Democratic New York congressmen oppose Rep. Dennis Kucinich's demands that Citigroup break its advertising agreement with the Mets.

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