Us Bailout Fund 'may Make Loss'

US taxpayers are unlikely to see a return on the $700bn Tarp rescue fund for financial sector, according to a report.

Sections:  news   u.s.   politics   
Topics:  bailouts   tarp   taxpayer   u.s. treasury   
  • Fannie earns $17.2B in 2012, biggest annual gain
    Fannie Mae earned $17.2 billion last year, the biggest annual profit in the U.S. mortgage giant's history, helped by a record fourth quarter. More
  • S.&P. 500 Breaks Through 2007 Closing HighS.&P. 500 Breaks Through 2007 Closing High
    The benchmark index has repeatedly come close in recent days, but has pulled back each time as investors grappled with concerns about the banking crisis in Cyprus. The benchmark index was recently trading over 1,565.15 points, up 0.2 percent, despite a report of rising claims for unemployment benefits. More
  • Cypriot banks reopen after 12 days -- but customers can only withdraw $383 eachCypriot banks reopen after 12 days -- but customers can only withdraw $383 each
    Banks on the tax haven of Cyprus opened Thursday for the first time in 12 days amid the island's continuing financial crisis. Strict limits on the amount of money that could be withdrawn have been imposed – people will be able to withdraw 300 euros ($383) a day and no checks will be cashed – amid fears of a run on the banks. More
  • Cyprus: cash, security control for banks reopeningCyprus: cash, security control for banks reopening
    Cyprus has imposed limits on money transfers and hired extra security guards to prepare for the reopening of its banks, which have been shut for almost two weeks to avoid a run during the country's financial drama. More
  • Cyprus given 4 days to find bailout solutionCyprus given 4 days to find bailout solution
    As Cypriot politicians raced to find a new financial rescue plan ahead of a Monday deadline, tensions built in the streets of the capital. Residents withdrew what money they could from ATMs amid concern the banks could collapse. More
  • [Ticker] Cyprus to receive €500mn of bailout money - EUobserver
    ... after completing the seventh review of the 2013 bailout programme, the European Stability Mechanism, the eurozone fund, announced Monday.
    10/5/2015 - 1:35 pm | View Link
  • 'No Bailout Fund for Rivers, Govt Not Owing Workers' Salary' -
    Rivers state was excluded from the bailout fund released by President Muhammadu Buhari.
    10/5/2015 - 1:26 pm | View Link
  • Labour Leaders Disagree Over Abia's N14.1 Bailout Fund -
    Umuahia — Labour leaders in Abia State are sharply divided over the N14.152 billion bailout fund the state government received to clear backlog of
    10/4/2015 - 2:21 pm | View Link
  • IMF: Ukraine Must Resolve 2016 Budget Issues -
    ... must resolve outstanding budget issues before the International Monetary Fund gives the green light on the next payout of bailout cash, the...
    10/3/2015 - 10:38 am | View Link
  • Greece likely to meet deadline for bank money release - Reuters India
    Greece likely to meet deadline for bank money release: euro zone ... - Reuters
    10/2/2015 - 3:53 pm | View Link
  • More
  • Bailout: Why Ondo workers are angry – Labour
    The allegation was reinforced when the state Chairman of the Joint Negotiation Council, JNC, Comrade Sunday Adeleye came out openly to accuse the government of fixing the bail out fund. The opposition party, APC, equally said the verification exercise ...
    10/8/2015 - 12:35 pm | View Link
  • Nigeria: Bailout Funds Not a Loan, Says Okowa
    The governor stated that the clarification was necessary because the local government areas would be paying interests on the amount that will get to them from the fund. "We have heard continuously about bail-out money and it is important for us to realise ...
    10/7/2015 - 10:33 pm | View Link
  • Greek PM says first bailout review must be concluded within November
    Greece has promised to implement the third bailout programme agreed with European Union and International Monetary Fund lenders in August in exchange for 86 billion euros hoping. Athens hopes that a debt relief will help it regain market access in 2017.
    10/7/2015 - 8:12 pm | View Link
  • EU/IMF may start bailout review last week of October
    ATHENS (Reuters) - The heads of a European Union and International Monetary Fund mission may visit Athens to start a first review of Greece's latest international bailout in the last week of October, a senior Greek official told Reuters on Tuesday.
    10/6/2015 - 8:52 am | View Link
  • Edo councilors lock out council boss over bailout fund
    Councilors in Egor local government area of Edo State on Monday locked out the council boss, Victor Enobakhare, over non-disclosure of actual amount received from Federal Government’s fund. The councilors also wanted to know what accrued to the council ...
    10/5/2015 - 3:53 am | View Link
  • More
  • Unions Dare Governors To Divert Bailout Fund
    The Nigeria Union Of Teachers has directed her members in the states affected with unpaid to monitor the bailout fund released by President Buhari.
    10/8/2015 - 9:26 am | View Website
  • Bank Bailout Bill
    What exactly was in the 2008 bank bailout bill, how much was actually spent, and how well it addressed the financial crisis.
    10/8/2015 - 8:22 am | View Website
  • Tension As Governors Sit On Bailout Fund
    Tension is mounting in states that have collected bailout packaged for them by President Muhammadu Buhari as outstanding salaries remain unpaid there.
    10/6/2015 - 2:44 pm | View Website
    The International Monetary Fund (IMF) board has just shot down the chance of the institution being involved in the aid deal.
    09/23/2015 - 11:10 am | View Website
  • Aregbesola diverting bailout fund, Osun pensioners lament
    The Nigeria Union of Pensioners in Osun State has urged the Central Bank of Nigeria to lay an embargo on the N34.988bn bailout fund released to the state ...
    09/15/2015 - 11:48 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News