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government bailout, bank bailout
(Image from article: "Wells Fargo to Repay $25 Billion in TARP Money")

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AIG fiasco keeps getting worse

The AIG bailout isn't going away, much as Treasury Secretary Tim Geithner might like it to.

 

GMAC headed for $5 billion loss

GMAC headed for $5 billion loss

GMAC, the troubled finance company that last week scored a third government bailout, said Tuesday it expects to post a record fourth-quarter loss of $5 billion.

 

Wells Fargo to Repay $25 Billion in TARP Money

Wells Fargo to Repay $25 Billion in TARP Money

Wells Fargo said Monday evening that it would repay the entire $25 billion that it received in the government's bailout last year. It said some of the money would come from a $10.4 billion stock sale.

 

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