Tag:
Bailout
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Latest Headlines
The truth behind the real bank bailout
When people think about the bailout of top U.S. banks at the depth of the financial crisis of 2008, they tend to the think of TARP, a $700 billion program aimed at propping up banks.
But Bloomberg Markets details the real bailout, one that had been shrouded in secrecy until the news servic
The regulatory message of the MF Global fiasco
So what is the best interpretation of the MF Global bankruptcy from a regulatory perspective? There's a lot on the table for discussion. One could argue that the firm's demise underscores the need for more regulation of broker dealers. After all, it has become clear that hundreds of millions of do
Is BRIC really the answer to Wall Street woes?
This is somewhat startling when you think about it: Euro zone countries, buffeted by economic malaise and cantankerous credit markets, are turning to the BRIC block of countries for bailout funds.
China, Brazil, India and Russia--as they ponder what steps they can take to alleviate the crisis,
Banks downgraded, but is too-big-to-fail really over?
Here's an unintended consequence of the broad move by regulators to end the too-big-to-fail era: Moody's has downgraded the debt of Bank of America, Wells Fargo and Citigroup.
The company downgraded Bank of America's long-term senior debt to Baa1 from A2 and its short-term debt rating to Prime
Short sellers suggest doomsday scenario for banks
Short-sellers seem to be at a critical point with banks. They have generated some gains, but they may also sense that they may be on the cusp of even larger gains--if only the banks stocks would tumble further.
Short-sellers have sketched out a super-bearish scenario to FOX Business Network
Bank bailout was direct corporate welfare
We can argue all day about the bailout of the big banks during the financial crisis. Some will argue the government had to bail them or the entire financial system would have seized. Others will claim that more banks should have been allowed to fail, that using public funds in a bailout was simply
Citigroup to hike dividends, reverse split
There was a day when a reverse split signaled stock had been so battered that the only way to stay off the Pink Sheets was to reverse split massively. But when it comes to big banks that were bailed out by the federal government, a reverse split is much more of a positive indicator.
Under a pl
Fannie Mae and Freddie Mac girding for more pain
As people continue to debate the future of Fannie Mae, Freddie Mac and federal government's role in the housing market, they tend to overlook the fact that two GSEs are continuing to reel, and their pain is about to intensify.
Both have narrowed their annual losses. Still, Fannie Mae said it l
TARP deadbeats pose major problems
One of the big chafing points regarding the TARP bailout was the hefty dividends that were required. No one denies that the government--and all taxpayers--has the right to exact fees for injecting bailout capital. Lots of banks would have failed otherwise. But paying these fees in the form of divi
How much will taxpayers make on the Citigroup bailout?
For all of the angst over the bailout of big American financial institutions, several can claim they haven't cost taxpayers a dime. The Treasury has announced that, via Morgan Stanley, it will sell its remaining 2.4 billion shares in Citigroup, which it bailed out to the tune of $45 billion in 200
