Bailouts, Billion | featured news

Fannie Mae seeks $5.1 billion more from taxpayers

Mortgage finance giant Fannie Mae said it would ask for an additional $5.1 billion from taxpayers as it continues to suffer losses on loans made prior to 2009.

 

AIG stock falls after $8.7 billion share sale

Shares of American International Group Inc fell more than 3 percent on Wednesday after the insurer and the U.S. Treasury sold $8.7 billion worth of stock.

 

Chrysler repays bailout money to Treasury department

The Treasury department said on Tuesday that automaker Chrysler Group LLC has repaid $5.1 billion in bailout loans and ended its ability to draw a remaining $2.1 billion.

 

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