Bailed-out insurance giant American International Group sold $2 billion of bonds in its first debt offering since it was rescued in 2008. The offering was an important test of whether investors think the insurer can stand on it…
Bailed-out insurance giant American International Group sold $2 billion of bonds in its first debt offering since it was rescued in 2008. The offering was an important test of whether investors think the insurer can stand on it…
The initial public offering of General Motors last week netted $11.7 billion for the U.S. Treasury, which invested taxpayer money into keeping the then-struggling automaker solvent during the financial crisis as part of its Tr…
Historians will look back on Washington’s bailout of GM and Wall Street as the right move. That’s because it’s now clear that the costs of doing nothing would have been far higher, and it turns out that taxpayers may suffer onl…
The U.S. government started the new fiscal year on the right foot, posting $140.4 billion deficit in October, the first month of the new fiscal year. That was substantially lower than the $148 billion deficit that had been fore…