Tag:
Guarantee Program
Latest Headlines
Latest Headlines
Goldman Sachs now free from government?
Goldman Sachs has now paid to retire (at a decent price to taxpayers) all the warrants it issued the Treasury as part of the TARP program. It has paid back the $10 billion in TARP funds, of course. By one estimate, taxpayers realized a 23 percent annualized gain off of this investment.
So is G
Banks rush to sell FDIC-backed bonds
Top Wall Street firms are in something of a frenzy to issue FDIC-backed bonds, under the Fed's Temporary Liquidity Guarantee Program. Citigroup and Wells Fargo are marketing such deals now, according to the Financial Times . Goldman Sachs, JPMorgan Chase, Morgan Stanley and Bank of America have
