(Source: Seeking Alpha) – The troubles at the banks like Citigroup (C) and Bank of America (BAC) are no secret. Their performance over the last 1, 3, 5, and 10 years has been miserable. You will not find very many [...]
Aug. 22 (Source: Bloomberg) – The U.S. Federal Reserve mounted an unprecedented campaign to head off a depression by providing as much as $1.2 trillion in public money to banks and other companies from August 2007 through April 2010, exceeding [...]
(Source: The Wall Street Journal By MATTHIAS RIEKER And DAVID BENOIT) – NEW YORK—Seacoast Banking Corp. of Florida has finally begun paying a dividend to the U.S. government for the $50 million in aid it received in 2008.
(Source: US News By Danielle Kurtzleben) – Chrysler has repaid much of its TARP money, GM is hiring again, and the financial sector is booming. Two and a half years after the Troubled Assets Relief Program was conceived, these are [...]
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