Local News
... have punished the shares of Citigroup and other banks in recent weeks out of concern the government could nationalize troubled banks, which would involve replacing management and wiping out shareholders. Treasury officials and Federal Reserve Chairman ...
http://www.thecabin.net/stories/022809/loc_0228090010.shtml
Local News
... financial industry bailout plan enacted in October. All but $15 billion of the first $350 billion has been dedicated to troubled banks or insurance companies, and the Treasury Department is barred from dipping into the second $350 billion without ...
http://www.thecabin.net/stories/121308/loc_1213080007.shtml
Local News
... multi-legged stool" that includes getting credit flowing again, regulating the financial industry, dealing with troubled bank assets and coordinating with other countries in the economic crisis that now spans the world. "I am absolutely confident ...
http://www.thecabin.net/stories/012809/loc_0128090001.shtml
Local News
... see a resumption of healthy growth." To be sure, the economy is not out of the woods yet. Another bailout of a troubled bank or other company could easily shatter already fragile confidence and send the economy reeling again. The collapse ...
http://www.thecabin.net/stories/041009/loc_0410090008.shtml
Local News
... was selling its Japanese brokerage business to Sumitomo Mitsui Financial Group Inc. for about $5.6 billion. The troubled bank has been shedding businesses over the past year to slim down and raise cash. Citigroup posted a first-quarter loss ...
http://www.thecabin.net/stories/050309/bus_0503090009.shtml
Local News
... crisis. They've essentially rescued the international financial system by injecting tens of billions of dollars into troubled banks. Citigroup, for instance, raised about $20 billion from a consortium of SWFs from Abu Dhabi, Kuwait and Singapore ...
http://www.thecabin.net/stories/060508/opi_0605080021.shtml
Local News
... be months that we're working our way through this period clearly months," he said. Paulson said the number of troubled banks will increase as they struggle to cope with big losses on bad mortgages. The government this month took over IndyMac ...
http://www.thecabin.net/stories/072108/loc_0721080001.shtml
Local News
... imploded. Finally, the government might not want to give investors the impression that it is the financial savior of troubled banks, analysts said. Instead, the feeling in Washington is that financial institutions will live or die by the free ...
http://www.thecabin.net/stories/091408/bus_0914080006.shtml
Local News
... inflation. The administration's plan would allow the government to buy bad mortgages and other rotten assets held by troubled banks and financial institutions. Getting those debts off their books should bolster those companies' balance sheets ...
http://www.thecabin.net/stories/092508/loc_0925080011.shtml
Local News
... America, which represents the country's 8,000 smaller banks, said her group supported efforts to consolidate troubled banks with stronger ones but did not believe it was proper to pick winners among healthy banks. Associated Press writers ...
http://www.thecabin.net/stories/102808/loc_1028080004.shtml