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2 Banks Exit TARP, With More to Follow

2 Banks Exit TARP, With More to Follow

With the wiring of nearly $10 billion to the Treasury, U.S. Bancorp and BB&T became the first large financial institutions to announce that they have repaid the government in full.

 

Treasury Said to Plan Second Bailout for GMAC

The former financing arm of General Motors will receive $7.5 billion, which would bring its total federal assistance to more than $12 billion.

 

Fannie Mae to Tap $19 Billion in Treasury Capital

Fannie Mae, operating under a federal conservatorship since September, asked the US Treasury for a $19 billion capital investment as a seventh straight quarterly loss drove the mortgage-finance company's net worth ...

 

U.S. Delays Results of Stress Tests

U.S. Delays Results of Stress Tests

The Federal Reserve and Treasury plan to release results of their tests assessing the health of the country's 19 largest banks next Thursday, later than previously planned.

 

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