The federal bailout program will end up costing taxpayers at least 85% less than expected, according to the Treasury Department, which estimates a bill of $30 billion to $50 billion. The Congressional Budget Office initially ex…
After countless angry political speeches and the threat of economic collapse, the government’s $700 billion bailout of banks, insurance companies and auto companies draws to a close Sunday – and it will likely cost only a fraction of what was expected….
After months of planning, AIG announced Thursday that it had entered into an agreement with the Treasury Department and the Federal Reserve Bank of New York about how it will repay in full its obligations to the U.S. governmen…
At an anticipated $16 billion, General Motors’ pending initial public offering was expected to be the second largest in history. Now, the No. 1 U.S. automaker is revising IPO expectations downward, anticipating it will bring in…
Among Monday’s top online stories for investors: Why everyone hates TARP; bullish signs for housing; stocks that matter most to hedge funds.
Continue reading Daily Blogwatch: Is Facebook Building a Phone — or …