Treasury pays 33.56B to 21 banks in second bailout round
The Treasury reports 33.56 billion dollars disbursed to 21 banks as a second round of the 700 billion rescue plan unfolds. Deadline set for about 3,800 more C-Corp banks to apply by December 8, with 2,500 S-Corp institutions eligible later. public debate continues on the program’s use and safeguards.
MENTIONED IN THIS ARTICLE
Treasury
Washington, D.C
Treasury Department
C-Corps
S-Corps
Henry Paulson
Paulson
Congress
Federal Reserve
Ben Bernanke
House Financial Services Committee
Prospects dim for 25 billion automaker bailout plan
Congressional leaders clash over funding as Senate Democrats push to use part of the 700 billion bailout to aid Detroit’s Big Three. The White House opposes tapping the fund and favors redirecting a separate 25 billion loan program for fuel efficient vehicles.
MENTIONED IN THIS ARTICLE
Washington, D.C
U.S
Bush
Detroit
Senate Democrats
Wall Street
White House
Congressional
Republicans
Congress
Treasury Department
Citigroup to shed another 53,000 jobs
Citigroup plans to cut about 53,000 more employees in coming quarters as losses mount and assets shrink. The bank aims to cut costs by 19 percent in 2009 from Q3 levels, reduce the workforce from its 2007 peak, and divest units including Citi Global Services and its German retail banking unit.
MENTIONED IN THIS ARTICLE
New York
Citigroup Inc
Vikram Pandit
Citigroup
Citi Global Services
Citi
Cuban Charged With Insider Trading By SEC
Federal regulators accuse Mark Cuban, owner of the Dallas Mavericks, of using confidential information on a Mamma.com share sale to dodge about 750000 in losses. The SEC says Cuban knew the price would fall and sold 600000 shares before the public announcement.
MENTIONED IN THIS ARTICLE
Washington, D.C
Dallas Mavericks
Mark Cuban
Cuban
Securi
Ties and Exchange Commission
Dallas
SEC
Mamma.com Inc
Mamma.com
Bank execs May Forgo Bonuses On Wall Street
On Wall Street top Goldman Sachs executives may forgo 2008 year end bonuses prompting rivals to consider similar moves. While many bankers face tighter pay, thousands of lower tier brokers still expect large bonuses as firms compete for talent amid a government bailout and growing scrutiny by lawmakers and consumer groups.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Goldman Sachs
Bush's choice to head bailout watchdog testifies
President Bush nominates Neil Barofsky to lead the $700 billion bank bailout watchdog. Barofsky, 38, a U.S. attorney, says his eight years prosecuting mortgage and securities fraud will help him monitor if cash is misused. He cites experience with credit default swaps and aims to keep Congress informed.
MENTIONED IN THIS ARTICLE
Washington, D.C
George W. Bush
Gress
Neil Barofsky
U.S
Senate Finance Committee
New York
Wall Street
Also Mentioned on This Page
By Stephen Ohlemacher
Associated Press
Harry Reid
Reid
Dana Perino
Aman
Citibank
Manhattan
Alan Johnson
Johnson Associates
Vernon Williams
Hampton Ave
Aiken
Fox
Stock Exchange
Naspaq
PlumasBc
Shiloh Nashuac
Baidu
At&t Inc
Abtlab
Alcatelluc NY
Alias
AmExp NY
AmintiGp
Apple Inc
Nash
BPPLC
Isco
Tig
NY News
Kennemts NY
Aenato
Allen
Tandrede
Nyse Amex
SPOR
WellsFargo
Prushs&p
Microsoft
Intel
Cisco
Oracle
Nee
AschMotn
Dell Inc
iShSilvers
Comcast
GreyWo
eBay
Dury _ ae Advanced
Dow Jones
Ng Chg
NortikSo NY
Nasd
Pfizer
PhilMorn NY
Potash NY
Prushs&p NY
Proulqqq NY
Prushqqq NY
Prounsp NY
ProUnFin NY
ProdGam NY
FegionsFn NY
Roydshila NY
Scana NY
SearsHidgs
Spdr Fel NY
Synovus $ NY
Textron NY
3M Co NY
Time Warn NY
Wells Fargo
GrthAmAm LG
Capiicbua m
CpwidGrAm
Fidelity Contra
InvCoAmAm
IncAmerAm
Wamutinvam
Vanguard
Vanguard TotStidx
Newpersoa m
American
Fundminva m
Dodge & Cox intStk
Admi
Fidelity GrowCo
Pimco TotRetAdmi
ES -Europe
Porte
Stihl
Pennington’s Power Products Inc
Lumpkin Road
Augusta
Pat Roberts
Prudential Woodside Realty
Aikensc.com
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!