Bailouts | featured news

Treasury Secretary Timothy Geithner said on Tuesday that most U.S. banks have enough capital to keep lending but a pile of bad debts is fostering doubts about their health and slowing a recovery.

Obama administration officials have determined they can avoid asking Congress for more bank bailout funds by converting existing loans to the largest U.S. banks into common stock, The New York Times reported on Sunday.

A West Virginia bank has become the first to completely cut its ties to the federal government's $700 billion financial rescue ...

The executive chosen to lead Fannie Mae through a government takeover has been tapped to oversee the $700 billion rescue of the ...

The House of Representatives is considering legislation Wednesday that would grant Treasury Secretary Timothy Geithner the authority to ban future "unreasonable and excessive" compensation at companies receiving federal bailout money.

U.S. Treasury Secretary Timothy Geithner said on Wednesday he would consider forcing out chief executives of banks that receive government bailouts if they were not managing their businesses properly.

France banned companies that get state aid from issuing options to top managers, and it limited other forms of compensation.

Bailed-out banks take notice after Obama adopts hard line with Detroit, forces GM CEO to resign.

The U.S. Treasury estimates that there is about $134.5 billion left in its financial-rescue fund, which would mean that about 81% of the $700 billion program has been committed.

President Barack Obama will announce the next steps to help General Motors Corp and Chrysler LLC on Monday, the White House said, amid signs of progress for GM in talks aimed at slashing its debt and cutting costs in response to slack demand.