Treasury Department, Tarp | featured news

'Deadbeat' TARP banks on the rise

'Deadbeat' TARP banks on the rise

The Obama administration has begun monitoring the high-level board meetings of nearly 20 banks that received emergency taxpayer assistance but repeatedly failed to pay the required dividends, according to Treasury Department officials and documents. And it may soon install new directors on some of their boards.

 

Citigroup to repay $20 billion in bailout money

Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort ...

 

Treasury launches $5 billion auto supplier aid plan

Treasury launches $5 billion auto supplier aid plan

The U.S. Treasury Department on Thursday pledged to provide up to $5 billion in financing support to auto suppliers to help them survive a massive downturn in car sales.

 

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