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Lawmakers blast Fed, Treasury, BofA over Merrill
WASHINGTON (Reuters) - U.S. lawmakers accused the Treasury and Federal Reserve on Thursday of using threats to force Bank of America (BAC.N) to take over Merrill Lynch while criticizing Bank of America boss Ken Lewis for keeping shareholders in the dark about rising losses at Merrill.
Nations:U.S. People:Henry Paulson Ben Bernanke Dennis Kucinich George W. Bush Activities:111th Congress Merrill Lynch Sales
2009-06-11
Treasury official: US shouldn't micromanage banks
WASHINGTON - The government should refrain from micromanaging banks that receive taxpayer assistance, a top Treasury official cautioned lawmakers itching to see results from a $700 billion rescue program for the financial sector. Neel Kashkari, interim assistant secretary for financial stability at Treasury, told a congressional oversight panel Wednesday that banks should not be forced to make loans that bankers might deem risky.
Nations:U.S. People:Timothy Geithner Dennis Kucinich Activities:Global Financial Crisis
2009-03-11
Stanford surrenders passport, Antigua units seized
FREDERICKSBURG, Virginia/ST.JOHN'S, Antigua, Feb 20 (Reuters) - Regulators seized Texas billionaire Allen Stanford's banks and companies in Antigua and Barbuda, the Caribbean state at the center of fraud charges against him, as the financier surrendered his passport to U.S. authorities.
Nations:Venezuela Mexico People:Hugo Chavez Dennis Kucinich Activities:Allen Stanford Fraud Case Source:(Reuters)
2009-02-21
Citigroup to deploy $36.5 billion in capital
NEW YORK - Citigroup (C.N) said it was using $36.5 billion in taxpayer bailout money to boost lending even as growing political outcry put pressure on the bank to end a $400 million baseball stadium sponsorship deal.
People:Dennis Kucinich
2009-02-03
Retirement accounts have lost $2 trillion so far
Americans' retirement plans have lost as much as $2 trillion in the past 15 months -- about 20 percent of their value -- Congress' top budget analyst estimated Tuesday as lawmakers began investigating how turmoil in the financial industry is whittling away workers' nest eggs.
Nations:U.S. People:Dennis Kucinich Activities:Global Financial Crisis 1929 Great Depression Source:(AP)
2008-10-07
| Headlines |
- Lawmakers blast Fed, Treasury, BofA over Merrill 2009-06-11
- Treasury official: US shouldn't micromanage banks 2009-03-11
- Stanford surrenders passport, Antigua units seized 2009-02-21
- Citigroup to deploy $36.5 billion in capital 2009-02-03
- Retirement accounts have lost $2 trillion so far 2008-10-07
- Mortgage forgiven for woman, 90, who shot herself 2008-10-05
- House panel votes to cite Rove for contempt 2008-07-30
- Some Democrats' votes may be banned 2008-03-18
- Kucinich faces tough challenge in Ohio 2008-03-04
- Hip-hop's Simmons endorses Obama 2008-03-03
- When winning the delegates isn't enough 2008-02-23
- McCain triumphs in New York primary 2008-02-05
- Huckabee wins all 18 W.Va. delegates 2008-02-05
- Kucinich drops out of U.S. presidential race 2008-01-24
- Clinton wins meaningless Mich. primary 2008-01-15
- Court allows MSNBC to bar Kucinich 2008-01-15
- Clinton, Obama vow to bury race debate 2008-01-15
- Obama widens lead over Clinton in New Hampshire 2008-01-08
- Clinton, McCain leads shrink in New Hampshire: poll 2008-01-05
- Obama under attack ahead of New Hampshire debates 2008-01-05
- Clinton, Obama contrast on path to WH 2008-01-04
- Obama, Huckabee sweep to Iowa victories 2008-01-04
- Clinton and McCain lead in New Hampshire 2008-01-04
- Kucinich files complaint on ABC debate 2008-01-04
- Obama grabs Iowa lead from Edwards 2008-01-03
- Huckabee leads Iowa GOP caucuses 2008-01-03
- Candidates make last-minute Iowa appeals 2008-01-02
- Huckabee defends his handling of anti-Romney ad 2008-01-01
- Clinton holds lead as Romney slips in Iowa 2008-01-01
- Clinton leads in Iowa but Edwards gains 2007-12-31
- Clinton leads in Iowa; Huckabee, Romney even: Poll 2007-12-30
- Democratic candidates and McCain lead on climate 2007-12-18
- Dems in debate urge taxes on wealthiest 2007-12-13
- Bloomberg: a bachelor president? 2007-12-11
- Iowans still undecided as caucuses near 2007-12-05
- Most 'superdelegates' remain uncommitted 2007-12-02
- Thousands protest army training 2007-11-18
- Former pilots and officials call for new U.S. UFO probe 2007-11-12
- UFO sightings are no laughing matter, group says 2007-11-12
- Democrats blitz Iowa to rev up support 2007-11-11
- Obama, Edwards take on Clinton in debate 2007-10-31
- Clinton sole top Democrat in Michigan primary race 2007-10-09
- Dems can't make guarantee on Iraq troops 2007-09-26
- Ohio Congressman mourned at Statehouse 2007-09-11
- US housing crisis crashes into White House race 2007-09-02
- Clinton, Edwards tussle over lobbyists 2007-08-29
- Cleveland savaged by tragedy of home foreclosures 2007-08-19
- Daggers drawn between Clinton, Obama in US debate 2007-08-19
- Sharp questions for Dems on gay issues 2007-08-10
Matches Shown: | 1-50 | 51-100
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