Bailout news from FierceFinance

Recall that in February 2009, Citigroup (C) CEO Vikram Pandit (Vikram Pandit news) vowed to take $1 a year until the bank turned profitable. For the year, he actually made about $125,000 due to the... Read more...

The solvency of big banks has lapsed into a non-issue, thanks to the massive federal effort that caused so much controversy. But at the small bank level, we're going to see a lot more carnage (bank... Read more...

A decade or so ago, people took the view that currency-speculating hedge funds were ruining countries by betting against on-the-ropes countries. Some leaders of targeted countries lashed out with... Read more...

We've heard a lot about the Goldman Sachs (GS) dogfight with AIG (AIG) that ultimately led to billions of dollars in bailout funds going to Goldman Sachs via AIG to pay off CDS obligations. Thanks to... Read more...

We note recently that some people are now in favor of a global bailout fund that would rescue large multinational banks when they run into trouble. The idea was floated at Davos and a few large... Read more...

The headlines may well scream that AIG (AIG)--the one financial company that absolutely cannot argue that it did not need a taxpayer bailout--is paying another $100 million in bonuses to folks in its... Read more...

Last year, Standard & Poor's downgraded 27 banks. Nine banks, which represents 20 percent of its rated banks, are now considered junk--that is, they have ratings of BB-plus or lower. The issue is... Read more...

The SigTARP is making waves--that would be Neil Barofsky, the special inspector general for TARP. He is taking his task very seriously and that is making some people in Washington and Wall Street... Read more...

It was widely known that Goldman Sachs (GS) bought back the warrants it issued the government as part of the bailout at a profit. But it was unclear just how profitable the deal was for the... Read more...

Mr. Market struck a dour note as it digests the on-going Citigroup's (C) TARP repayment plan and the bank's anemic secondary offering. We've noted that the dilution could be rather extreme, to the... Read more...