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.

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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 Strict limits on the amount of money that could be withdrawn have been imposed – people will be able to withdraw 300 euros ($383) a day and no checks will be cashed – amid fears of a run on the banks.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
  • Greece Needs Private Debt Overhaul, Piraeus Bank CEO Says - Bloomberg
    Greece Needs Private Debt Overhaul, Piraeus Bank CEO Says - BusinessWeek
    09/2/2014 - 8:13 am | View Link
  • Pakistan's promises to IMF in doubt as protests sap economy - Reuters India
    Pakistan's promises to IMF in doubt as protests sap economy - Asiaone
    09/2/2014 - 7:27 am | View Link
  • Reforms to dominate Greek talks in Paris, debt relief talks ... - Reuters
    Reforms to dominate Greek talks in Paris, debt relief talks ... - Reuters UK
    09/2/2014 - 4:37 am | View Link
  • Ghana Analyst - Big News Network
    ... multinational software firm, argued Ghana's decision to engage the International Monetary Fund (IMF) for a bailout programme was not enough to...
    09/1/2014 - 3:18 pm | View Link
  • MAS’s RM6 billion to bail out ‘rogues and criminals’, says PAS - Yahoo! Singapore
    It is not a bailout. A bailout is when it cannot be regained. ... The state fund, which currently has a 69% stake in the carrier, has injected
    09/1/2014 - 2:59 pm | View Link
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  • Pakistan's promises to IMF in doubt as protests sap economy
    By Mehreen Zahra-Malik ISLAMABAD (Reuters) - Anti-government protests that have gripped Islamabad since mid-August could throw off course economic reforms Pakistan promised to deliver in return for an IMF bailout, senior officials said, raising the risk of a sovereign rating downgrade. The International Monetary Fund (IMF) saved Pakistan from possible default last September by agreeing to lend ...
    09/2/2014 - 7:15 am | View Link
  • MAS’s RM6 billion to bail out ‘rogues and criminals’, says PAS
    PAS has questioned the RM6 billion Malaysia Airlines turnaround plan, describing the sum as a bailout and not an “investment” as said by the prime minister. Given MAS’s worsening losses over the years, PAS said the bailout was for those who had abused their power in the national carrier. Party information chief Datuk Mahfuz Omar said the...
    09/2/2014 - 1:39 am | View Link
  • IMF bailout team storms Ghana this week
    A team from the International Monetary Fund (IMF) will hit the shores of Ghana this week to discuss how the country’s ailing economy can be salvaged.
    09/1/2014 - 11:33 am | View Link
  • IMF Approves Bailout Payment to Ukraine
    The International Monetary Fund on Friday approved the latest payment to Ukraine in its $17 billion bailout program, providing a critical boost to Kiev as it faces military, economic and political threats.
    08/29/2014 - 2:46 pm | View Link
  • Khazanah denies RM6 billion as bailout in MAS turnaround
    The RM6 billion to be injected into troubled Malaysia Airlines (MAS) is not a bailout, said state national fund Khazanah Nasional Berhad, as it unveiled a massive revamp today to turn the national carrier around. Khazanah managing director Tan Sri Azman Mokhtar said the money can be recovered when the flag carrier is projected to attain...
    08/29/2014 - 5:59 am | View Link
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  • IMF bailout won’t solve all our problems – Rickett Hagan
    Deputy Trade and Industry Minister, Kwaku Rickett Hagan has told Citi News, although seeking a bailout from the International Monetary Fund (IMF) will not entirely resolve Ghana’s economic challenges, it remains the best option for the country in the ...
    09/20/2014 - 5:23 am | View Link
  • CBN plans 10-year bailout facility for GENCOs, DISCOs
    He explained that the essence of the plan is to create a fund in place of the present revenue shortfall in the companies’ operations without inconveniences for the consumers. The chairman stressed that “the CBN fund gives an opportunity for the Discos ...
    09/19/2014 - 5:33 pm | View Link
  • Greece: New bailout 'out of the question'
    Rejection of Tappan Zee loan makes it imperative for state to reveal the financing The governor’s hopes of using a $511 million loan from a clean water fund for the Tappan Zee Bridge replacement project may have been dashed, b... ATHENS, Greece (AP ...
    09/19/2014 - 3:25 pm | View Link
  • Russia to create bailout fund in the wake of sanctions
    Russia is to establish a multi-billion dollar emergency fund to help bail out companies hurt by the latest round of sanctions imposed by European and North American nations over the Ukraine crisis. The Wall Street Journal said the decision to establish the ...
    09/17/2014 - 4:09 am | View Link
  • Stoppage of Nigerian gas supply, IMF bailout talks dominate Ghana press
    The temporary stoppage of gas supply from Nigeria and International Monetary Fund (IMF) bailout headlined newspapers in Ghana on Wednesday. The Daily Graphic gave prominence to the story of the halt of gas supply from Nigeria to Ghana and reported that ...
    09/17/2014 - 2:23 am | View Link
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  • 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.
    09/20/2014 - 2:52 pm | View Website
  • Bailout Definition | Investopedia
    Find out why the U.S. government approved an enormous bailout package for American Investment Group (AIG).
    09/20/2014 - 10:56 am | View Website
  • Follow the money: Bailout tracker's bailout tracker keeps tabs on the government's far-reaching - and expensive - effort to rescue the economy.
    09/20/2014 - 5:48 am | View Website
  • European Financial Stability Facility (EFSF)
    The European Financial Stability Facility (EFSF) was created by the euro area Member States following the decisions taken on 9 May 2010 by the Ecofin Council.
    09/20/2014 - 12:54 am | View Website
  • Bailout
    A bailout is a colloquial term for giving financial support to a company or country which faces serious financial difficulty or bankruptcy. It may also be used to ...
    09/19/2014 - 3:29 pm | View Website
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