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 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 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 Strict limits on the amount of money that could be withdrawn have been imposed – people will be able to withdraw 300 euros ($383) a day and no checks will be cashed – amid fears of a run on the banks.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 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 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
BING NEWS:
  • What $45M more in federal earmarks will fund in Michigan
    Federal money earmarked for local projects in the final government funding bill for 2024 totaled about $45 million.
    04/15/2024 - 4:00 pm | View Link
  • Super fund returns could hit double digits for FY24
    When measured from the depths of the COVID pandemic, the median international shares option within a super fund has returned 69 per cent, it noted, or 17 per cent per annum since the lowest point of ...
    04/15/2024 - 10:15 am | View Link
  • Citation Capital looking to raise biggest inaugural private equity fund in Texas history
    If Citation successfully reaches its goal of raising $850 million, it would become the largest inaugural growth equity fund closed in the state's history. Braemont Capital, also located in Old ...
    04/15/2024 - 7:28 am | View Link
  • Volusia School Board member wants taxpayers to fund dues to conservative group she heads
    The Volusia County School Board denied Jessie Thompson's request to pay dues to a conservative school group she heads.
    04/15/2024 - 4:59 am | View Link
  • Need to Build an Emergency Fund? Seven Steps to Get There
    Having a safety net can mean peace of mind on top of being able to maintain your lifestyle if a financial emergency strikes.
    04/14/2024 - 10:40 pm | View Link
  • 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