bailouts News

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Fox News Viewers Believe the Darndest Things, Study Finds

(Dec. 17) -- Fair and balanced ... and factually incorrect? A newly released study out of the University of Maryland concludes that viewers of the Fox News Channel were "significantly more likely" to believe a host of factually incorrect information than viewers who watched other television news organizations. Fox is by...

Suddenly, US Automakers Are Doing Just Fine

(Nov. 3) -- Back from the brink. The Big Three U.S. automakers posted solid sales in October, roughly two years after two of them received massive bailouts from the Obama administration. Ford said its October profits were up 19.2 percent from the year before, Chrysler saw a 37 percent jump and General Motors notched a...

Why Are Bailed Out Firms Abandoning Democrats?

(Oct. 25) -- The bailout of Wall Street and Detroit's automakers couldn't have passed without the support of Democrats. But bailed-out firms aren't returning the favor. According to The Washington Post, most of the campaign donations from bailed-out companies are going to Republicans, some of whom ardently opposed the...

Bloomberg Report Shows TARP Profits Top Treasury Bond Returns

(Oct. 20) -- Returns on the Troubled Asset Relief Program used to bail out the financial industry, better known as TARP, generated higher profits for taxpayers than 30-year Treasury bonds, according to a Bloomberg report. The government earned $25.2 billion on its investment of $309 billion in the financial sector, which...

Opinion: Three Cheers for Government Bailouts

(Oct. 6) -- There is perhaps no word more likely to stoke the anger of ordinary Americans than "bailout." Whether it's the hundreds of billions spent to save the financial industry or the tens of billions allocated to rescue America's carmakers, Washington "bailouts" of private industry have come to symbolize all that is...

bailouts News From AOL

THE HUFFINGTON POST - BUSINESS

Treasury Tries To Bail Out Public Image Of Bailout

The Treasury Department is worried that the high political cost of some of its key economic intervention programs -- most notably, the bank bailout -- will deter future officials from undertaking meaningful action in the midst of a future crisis, senior officials said at a background briefing Friday.

RENTEDSPACES.COM

Watchdog Blasts Housing Program for 'Hardest Hit'

A federal-state program aimed at helping homeowners in states hardest hit by the mortgage crisis is falling far short of its goals , a federal watchdog said in a report released Thursday.

bailouts News From the Web

05/24/12 No Damage Source: Time Congressional Oversight Panel Chair Elizabeth Warren questions Assistant Treasury Secretary for Financial Stability Herbert Allison on the government's assistance to Citigroup during a hearing in Washington March 4, 2010.
05/23/12 4 TARP Recipients That Made A Profit Source: Forbes You might remember the Troubled Asset Relief Program, well known as TARP, but in case the terrifying days of the 2008 and 2009 Great Recession are no longer fresh in your mind, let's take a look back.
05/23/12 2008 TARP Funds â Where Are They Now? Source: InvestorPlace In the depths of the financial crisis, investors suffered through a host of ugly acronyms â but none were used with more confusion, fear or mistrust than TARP.
05/21/12 Blog: TARP, mortgages still challenge banks Source: Phoenix Business Journal - Phoenix AZ It's been more than four years since the U.S. Department of the Treasury invested $204.9 billion into 707 banks of all sizes under the Troubled Asset Relief Program initiative known as the Capital Purchase Program.
05/19/12 Arizona, US banks still struggle with TARP, mortgage... Source: Phoenix Business Journal - Phoenix AZ It's been more than four years since the U.S. Department of the Treasury invested $204.9 billion into 707 banks of all sizes under the Troubled Asset Relief Program initiative known as the Capital Purchase Program.

Background on bailouts

In economics, a bailout is an act of loaning or giving capital to an entity (a company, a country, or an individual) that is in danger of failing, in an attempt to save it from bankruptcy, insolvency, or total liquidation and ruin; or to allow a failing entity to fail gracefully without spreading contagion.

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