Articles About Bailout Money
- Author:
- James I. Clark III
- Posted:
- 12.02.2010
The Fed Is Sending Big Banks Back to the Virtual Treadmill
The Federal Reserve is going to subject the nation’s 19 largest banks to a new round of stress tests to determine if they are healthy enough to pay dividends to their shareholders again. The Fed plans to use a conservative approach, applied with an even hand, on the nation’s largest and most complex banks. The […]
- Author:
- James I. Clark III
- Posted:
- 03.03.2010
TARP Banks Lending on the Rise
Eleven American banks that received money from the Troubled Asset Relief Program (TARP) originated 13 percent more loans in December than they had the previous month. The Department of the Treasury released this information in its monthly survey of loans made by recipients of the $700 billion government bailout money. According to the Treasury Department, […]