Category: U.S. Department of the Treasury

Homeowner Affordability and Stability Plan Executive Summary

Feb 18, 2009

Homeowner Affordability and Stability Plan: Executive Summary To view or print the PDF content on this page, download the free Adobe® Acrobat® Reader®. February 18, 2009tg-33 Homeowner Affordability and Stability Plan Executive Summary  Read the Homeowner Affordability and Stability Plan …

Treasury Provides TARP Funds to Local Banks

Jan 23, 2009

Washington– The U.S. Treasury Department announced details this week of a $1.5 billion investment in 39 banks made through its Capital Purchase Program. Treasury created the Capital Purchase Program, a part of the Troubled Asset Relief Program, to help to …

Political risk high for Wall Street as TARP unfolds

Jan 21, 2009

Tue Jan 13, 2009 Reuters By Kevin Drawbaugh – Analysis WASHINGTON (Reuters) – Congressional Democrats and the incoming Obama administration are uniting around strategies for saving the U.S. financial system, but a fog of political risk still hangs over Wall …

U.S. Treasury Announces TARP Investment in GMAC

Dec 30, 2008

December 29, 2008hp1335 Washington, DC –The Treasury Department today announced that it will purchase $5 billion in senior preferred equity with an 8% dividend from GMAC LLC as part of a broader program to assist the domestic automotive industry in …

Treasury Provides TARP Funds to Local Banks

Dec 23, 2008

December 23, 2008 Treasury Provides TARP Funds to Local Banks Washington- The U.S. Treasury Department announced today details of a $2.8 billion investment in 49 banks made on Friday, December 19 through its Capital Purchase Program.  Treasury also closed $1.9 …