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   
RELATED ARTICLES
  • 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 Strict limits on the amount of money that could be withdrawn have been imposed – people will be able to withdraw 300 euros ($383) a day and no checks will be cashed – amid fears of a run on the banks.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
ASK NEWS:
  • Recent Study: Employee Benefits in Cyprus - PR inside
    ... a EUR10 billion (US$13.5 billion) bailout program from the European Commission, European Central Bank and the International Monetary Fund (IMF...
    12/20/2014 - 2:23 pm | View Link
  • Treasury exits Ally 9 hours ago - Detroit News
    Today also marks the near end of the $700 billion Wall Street and auto bailout fund approved by Congress in late 2008 known as the Troubled...
    12/20/2014 - 9:25 am | View Link
  • SP cuts Ukraines rating on delay in next tranche of bailout - Big News Network
    ... in the release of the next tranche of bailout to the country and over its falling currency reserves. The International Monetary Fund said it...
    12/20/2014 - 5:39 am | View Link
  • Poroshenko Says Ukraine Can’t Scrimp on Army as S&P Rating Cut - Washington Post
    Poroshenko Says Ukraine Can’t Scrimp on Army as S&P Cuts Rating - Bloomberg
    12/20/2014 - 5:31 am | View Link
  • Banks Win Again – They Have Delayed (Repealed) the Volcker Rule - PrisonPlanet
    To the State, We’re Economic Slaves - LewRockwell.com
    12/20/2014 - 5:31 am | View Link
  • More
YAHOO NEWS:
  • IMF, Ukraine fail to reach pact on next bailout tranche
    WASHINGTON (Reuters) - The International Monetary Fund said Friday it had productive discussions with officials in Ukraine this week, but failed to reach an agreement that would pave the way for Kiev to receive its next bailout tranche next month. "We found that the Ukrainian authorities are preparing to move decisively on a broad and comprehensive agenda to stabilize and reform the economy ...
    12/19/2014 - 10:42 am | View Link
  • Why the bailout extension is politically important to Greece
    Disagreement over new austerity measures with the troika led Greece’s Prime Minister Antonis Samaras to take a sudden and market-moving decision on December 9.
    12/19/2014 - 9:22 am | View Link
  • Juncker urges states to top up EFSI fund
    Commission president says contributions will not be counted in EU deficits
    12/19/2014 - 3:01 am | View Link
  • IMF holds back Cyprus bailout funds
    International Monetary Fund says expected tranche of €88m will not be paid after parliament suspended new foreclosure law The International Monetary Fund has said it will not release a further €88m (£69m/US$108m) in bailout money for Cyprus on Friday after the country’s parliament delayed a key foreclosure law that was due to take effect at the end of December. “Following today’s suspension of ...
    12/18/2014 - 9:56 pm | View Link
  • Jean-Claude Juncker urges states to top up EFSI fund
    European Commission president says contributions will not be counted in EU deficits and debts
    12/18/2014 - 8:01 pm | View Link
  • More
BING NEWS:
  • Why the bailout extension is politically important to Greece
    The FTSE Greece 20 ETF (GREK) is an exchange-traded fund that tracks the FTSE/Athex 20 Index. The index, composed of the top 20 companies in Greece, tracks broad-based equity market performance in Greece, just like the SPDR S&P 500 ETF Trust (SPY ...
    12/19/2014 - 10:12 am | View Link
  • International Monetary Fund, Ukraine fail to reach pact on next bailout tranche
    WASHINGTON: The International Monetary Fund said Friday it had productive discussions with officials in Ukraine this week, but failed to reach an agreement that would pave the way for Kiev to receive its next bailout tranche next month. "We found that the ...
    12/19/2014 - 4:11 am | View Link
  • IMF withholds bailout money for Cyprus
    NICOSIA, Cyprus (AP) — The International Monetary Fund says it won't release $108 million (88 million euros) in rescue money for bailed-out Cyprus after the country's parliament voted to hold a key foreclosure law from taking effect at the end of December.
    12/19/2014 - 4:01 am | View Link
  • IMF holds back Cyprus bailout loan tranche
    The International Monetary Fund said it could no longer release funds to Cyprus under its bailout this week, after the euro zone government suspended a foreclosure law that was required under the loan program. "Following today's suspension of the existing ...
    12/18/2014 - 10:24 pm | View Link
  • IMF holds back Nicosia bailout funds
    The International Monetary Fund has said it will not release a further €88m in bailout money for Nicosia, after parliament delayed a key foreclosure law that was due to take effect at the end of December. "Following today’s suspension of the existing ...
    12/18/2014 - 5:57 pm | View Link
  • More
BING SEARCH:
  • CMD Releases Bailout Tally, $4.6 Trillion in Federal Funds ...
    Mary Bottari, CMD's Deputy Director, is an experienced policy wonk and consumer advocate who has served as a senior analyst on trade.
    12/20/2014 - 8:43 am | View Website
  • Bailout Definition | Investopedia
    DEFINITION of 'Bailout' A situation in which a business, individual or government offers money to a failing business in order to prevent the consequences that arise ...
    12/20/2014 - 8:36 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 ...
    12/20/2014 - 8:00 am | View Website
  • Troubled Asset Relief Program
    The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase assets and equity from financial institutions to strengthen its ...
    12/20/2014 - 7:18 am | View Website
  • Follow the money: Bailout tracker
    CNNMoney.com's bailout tracker keeps tabs on the government's far-reaching - and expensive - effort to rescue the economy.
    12/19/2014 - 5:49 pm | 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