The number of government-aided U.S. banks in danger of failing has grown about 15% in the past six months, The Wall Street Journal has reported. The economy has continued to batter many struggling institutions, with 98 bailed-o…
General Motors has repurchased $2.1 billion in preferred stock from the federal government, further reducing the amount the automaker owes taxpayers following last year’s bailout. The latest transaction cuts the government’s st…
Bank of America has told U.S. regulators that it has met the final condition that was set on its plan to exit the government’s Troubled Asset Relief Program. BofA, which repaid $45 billion in TARP funds in December 2009, needed…
The central bank says the disclosures cover more than 21,000 individual transactions done to “restore the flow of credit to American families and businesses, and support economic recovery and job creation in the aftermath of th…
The central bank says the disclosures cover more than 21,000 individual transactions done to “restore the flow of credit to American families and businesses, and support economic recovery and job creation in the aftermath of th…