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TARP news from FierceFinance
News
Bill won't let Goldman Sachs escape Fed
When people talked about the options available to Goldman Sachs (NYSE: GS) if it wanted out from under the Federal Reserve's supervisory umbrella, some raised the idea of the firm going public.... Read more...
Is Goldman Sachs a hedge fund?
The debate about whether Goldman Sachs (GS) is one giant hedge fund has been around a long time. The argument is casually, sometimes angrily dismissed by the company. But the argument has stuck... Read more...
Insider trading on TARP info?
Say it isn't so. Neil Barofsky, the SIG-TARP, or special inspector general for TARP, is looking into the possibility that news about TARP announcements filtered down to the trading desks of big... Read more...
Profitable bank bailouts
There's been a whole lot of public anger about the bailouts of big Wall Street firms. But whether it was wise or not to bail out the top banks, at least it did not cost taxpayers an arm and a leg. In... Read more...
Barofsky in the spotlight
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...
Poor earnings boost pressure on Pandit
The conventional wisdom seems to be that 2010 will be a make-or-break year for Citigroup (C) CEO Vikram Pandit. He can thank his buddy Saudi Prince Al-Walid bin Talal for making that case to the... Read more...
No anger over corporate jets this time
Recall that in 2008, automotive executives outraged many when the traveled to Washington on corporate jets to ask for bailout funds. The media had a field day. Since then, the media has feasted on... Read more...
Wells Fargo kicks Citi's butt again
The real thorn in Citigroup's (C) side? You might say the government generically. You might say Sheila Bair specifically. But when you get right down to it, it might be Wells Fargo (WFC). The New... Read more...
Fear of Citi dilution to mount?
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...
Government backs off Citi share offering
Recall that as part of the plan for Citigroup (C) to cut its ties to the government, the Treasury Department was going to piggy-back the initial secondary offering. It hoped to sell perhaps $5... Read more...



