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Geithner says most banks have sufficient capital

Geithner says most banks have sufficient capital

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.

 

U.S. may convert bank bailout to equity share: report

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.

 

W.Va. bank becomes first to cut all bailout ties

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

 

Fannie Mae chief tapped to head U.S. bank rescue

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

 

Ousting bailed-out U.S. bank CEOs an option: Geithner

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.

 

Ouster Worries Bank Executives

Ouster Worries Bank Executives

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

 

Goldman Looking To De-TARP

The bank holding company wants to return funds to taxpayers, but it will not do so before the stress test.

 

Stocks Pull Back After Monday’s Run

Stocks retreated as investors cashed in on their profits a day after Wall Street rallied on new details regarding Washington’s bank-rescue plans.

 

Geithner wants powers to wind down firms like AIG

Geithner wants powers to wind down firms like AIG

The top two U.S. financial officials told lawmakers angry over bonus payments to AIG executives that the government needs authority to shut down troubled institutions like the giant insurer to avoid future bailouts.

 

Fed's Bernanke wanted to block AIG bonus payments

Federal Reserve Chairman Ben Bernanke told Congress today he wanted to sue to stop insurance giant AIG from paying millions in bonuses, but was talked out of it.

 

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