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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

May 20, 2009

Page

14

Goldman Sachs and Morgan Stanley seek permission to repay bailout funds

Goldman Sachs and Morgan Stanley formally request Fed approval to repay a combined 20 billion of TARP money. The outcome awaits Fed say, with JPMorgan Chase also aiming to exit the program. If approved, they would be first among the nine large banks to repay.

New York Goldman Sachs Morgan Stanley Federal Reserve Fed Jpmorgan Chase & Co Stanley Goldman and Morgan Lehman Brothers Federal Deposit Insurance Corp

Senate approves sweeping credit card reform bill

The Senate passed a broad credit card reform bill 90 to 5 to curb rate hikes and hidden fees. It would require online disclosure of agreements, allow online or phone payments without extra charges, and curb over the limit fees and universal default. The measure also tightens age 21 card access and mandates 45 days notice before rate increases.

Washington D.C Senate House Barack Obama Christopher Dodd D-Conn Federal Reserve

Congress Passes Anti Foreclosure Bill

The House approved the Helping Families Save Their Homes Act 367 to 54 after the Senate backed the measure 91 to 5. The bill expands a 300 billion program encouraging banks to write down high interest rates for 30 year FHA backed loans if homeowners pay an insurance premium.

Washington, D.C Congress House Senate Federal Housing Administration

Also Mentioned on This Page

Senate Banking Committee Carl Levin D-Mich Eastgate Dr Publix Aiken Twin Dragons Martial Arts & Fitness Dougherty Road Cheri Reese F&m Mortgage Group LLC Jason Redd Financial Services INVESTMENTS + INSURANCE Laurens Street N.W Jasonredd Mscmail Meetsredd LPL Financial Nang Edd AnthCap SaleBulk Saks FC Vipt Gikdan RussBerne Stock Exchange Amnex Naspaaq SimcerePh Marshus Prestige Ray Invesco Tuesday's Market IN Review Dow Jones lEnwrlech EU Ream Phrmath AmApparel Hemisphrx PwShs Pscruet DirxFinBear Intel DinFinBull Cisco SPDR Effert Wells Fargo Fordm Indigo Oracle GenElec Delline ProUltFin Div Yid At8t Inc Lvsands LilyEli NY Mgmmir McDnids MeadWvco NY BP PLC Merck NY Microsoft Nash MorgStan CBS NortikSo NY OSX NY Nucor NY Oracle Nash Camp Sp PepsiCo PhilipMor Zocac Potash DirxFinBull Proultre NY ProUtFin NY Disney NY ProctGam NY DryShips Roydshila NY Scana NY Ekodak SearsHidgs Fctzba Fmc Corp SouthnCo NY Spor NY GenElec NY Spor Fre StateStr NY Synovus NY TenetHith NY Textron NY Viacomb NY WalMart Wendy Arby Pseu Caan Oa Daiy Dow Jones LL Mutual Funds Init Pimco TotRetis No Ci Grthama m LG Capiicbuamh Fidelity Contra LG CoWidGriAm Ws Invcoama m Incamera m MA Amercan Funds Wamutinva m Vanguard Institx B Dodge & Cox Amercan EurPacGrAm FB NewPerson Mws Bala m MA Pimco TotRetAdm Dodge & Cox intiStk Fidelity Divinat A m CI Vanguard Welln MA Fidelity GrowCo LG Frank Temp
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