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My Visit to the US Treasury, Part 5
alephblog.com — One other blogger took his nameplate with him — I’m not sure who; the rest left theirs. But this is what was in front of each one of us as we sat down to discuss matters at the US Treasury. Treasury officials had similar nameplates. It dictated where we would sit as well.  ... (more) My Visit to the US Treasury, Part 5
AIG Taps $4.2 Billion From Treasury for Two Units
hf-implode.com — -- American International Group Inc., the insurer rescued by the U.S., tapped the Treasury Department for another $4.2 billion to help restructure its money-losing mortgage guarantor and the plane unit it’s trying to sell. AIG accessed about $2.1 billion from its Treasury facility on Aug. 13 ... (more) AIG Taps $4.2 Billion From Treasury for Two Units

US Treasury Latest Blog Posts

My Visit to the US Treasury, Part 5
7 hours ago at The Aleph Blog
AIG Taps $4.2 Billion From Treasury for Two Units
My Visit to the US Treasury, Part 4
alephblog.com — So, who did I recommend for the next meeting at the Treasury? (I think there will be one.) Economists View http://economistsview.typepad.com/ Cafe Americain http://jessescrossroadscafe.blogspot.com/ Market-Ticker http://market-ticker.denninger.net/ Econbrowser http://www.econbrowser.com/ ... (more) My Visit to the US Treasury, Part 4
Curious Meeting at Treasury Department
nakedcapitalism.com — The Treasury invited a small group of bloggers for a “discussion” with senior officials on Monday. Initially, the meeting was to be background, which is a sort of journalistic “FYI but you can’t use it” but we were told ... (more) Curious Meeting at Treasury Department
My Visit to the US Treasury, Part 3
alephblog.com — Going back to bank stress-testing for a moment, one interesting thing that a Treasury official said at the meeting was that unemployment did not have a big effect on foreclosures. Unemployment has a big effect on credit card defaults, but not foreclosures. I disagree. As a multi-purpose ... (more) My Visit to the US Treasury, Part 3
My Visit to the US Treasury, Part 2
alephblog.com — Before I start this evening, to all my fellow bloggers out there, if you were invited to the gathering at the US Treasury and did not come, I have a request and a question: If you were invited, send me an e-mail . Tell me why you decided not to come, if you would. If present trends ... (more) My Visit to the US Treasury, Part 2
My Visit to the US Treasury, Part 1
alephblog.com — This will have to be brief, because I am tired. I have had to deal with family and work issues today, and only now have time to blog. You might have seen my fanciful post, Fallowhaven, Part 1 . I wrote that because I thought I could reveal almost nothing of my visit to the US Treasury ... (more) My Visit to the US Treasury, Part 1
Key Parts of Financial Stability Improvement Act
blogs.wsj.com — Here are some key parts of the draft legislation hashed out between House Financial Services Committee Chairman Barney Frank (D., Mass.) and the Treasury Department. 1) It would create a financial services oversight council, chaired by the Treasury ... (more) Key Parts of Financial Stability Improvement Act
U.S. Unlikely to Recoup Auto Bailouts, G.A.O. Says
U.S. Unlikely to Recoup Auto Bailouts, G.A.O. Says
dealbook.blogs.nytimes.com — A government report released Monday concludes that taxpayers will probably never recoup all - or even close to all - of the $67 billion that the Treasury Department lent to General Motors and Chrysler in the last year to prevent their collapse. (more) U.S. Unlikely to Recoup Auto Bailouts, G.A.O. Says
Some Praise and Questions for the US Treasury
alephblog.com — 1) Perhaps the US Treasury is getting a few things right. Let’s start with lengthening the average maturity of Treasury debt. I have backed this idea in the past . It is worthy to note that zero coupon yields peak out around 20 years out, and then start declining. It is quite possible ... (more) Some Praise and Questions for the US Treasury
Fannie + Goldman + US Treasury + Tax Credits = Complex Mess
alephblog.com — In a prior job, I spent a decent amount of time on Affordable Housing tax credits . The idea was to reduce my life insurance company client’s taxable income to the point where they would be close to but not subject to the corporate alternative minimum tax. Occasionally my work would ... (more) Fannie + Goldman + US Treasury + Tax Credits = Complex Mess
In Praise of the Government's Game-Changer
dealbook.blogs.nytimes.com — DealBook Dialogue: David Zaring, an assistant professor at the Wharton School, argues that the government's response to the financial crisis is a game-changer that is not necessarily pretty but does provide a model for solving policy problems. (more) In Praise of the Government's Game-Changer
AIG Bonuses Were a Treasury 'Failure,' Barofsky Says
online.wsj.com — WASHINGTON -- Neil Barofsky, the special inspector general for the government's financial bailout said Wednesday that the $168 million in retention payments to American International Group Inc. represented a "failure" that occurred when the Treasury ... (more) AIG Bonuses Were a Treasury 'Failure,' Barofsky Says
Japan's US Treasury holdings through July
Japan's US Treasury holdings through July
japanjapan.blogspot.com — Japan Economy Watch is a weblog run by Claus Vistesen, Scott Peterson and Edward Hugh which follows the day to day progress of the Japanese economy. The principle focus of the weblog is Japan's long term growth and deflation problem, and many of the posts examine the issue of the sustainability ... (more) Japan's US Treasury holdings through July
AIG Bonuses Were a Treasury 'Failure,' Barofsky Says
online.wsj.com — WASHINGTON -- Neil Barofsky, the special inspector general for the government's financial bailout said Wednesday that the $168 million in retention payments to American International Group Inc. represented a "failure" that occurred when the Treasury ... (more) AIG Bonuses Were a Treasury 'Failure,' Barofsky Says
Japan's US Treasury holdings through August
Japan's US Treasury holdings through August
japanjapan.blogspot.com — Note yet another increase in spite of continued yen strength.Source (more) Japan's US Treasury holdings through August
Czar Blocks BofA Chief's Pay
online.wsj.com — WASHINGTON The Treasury Department's pay czar pushed outgoing Bank of America Corp. Chief Executive Kenneth D. Lewis into giving back about $1 million he received so far this year and forgoing the rest of his $1.5 million salary for 2009, say people ... (more) Czar Blocks BofA Chief's Pay
Pay Restrictions Complicate GM CFO Search
online.wsj.com — BY JOHN D. STOLL AND JOANN S. LUBLIN General Motors Co.'s search for an outsider to replace its chief financial officer is being complicated by the pay restrictions the Treasury Department is imposing on companies that received large bailouts from ... (more) Pay Restrictions Complicate GM CFO Search
Administration Announcing Another Dumb Housing Bailout Plan
hf-implode.com — " If at first you don’t succeed, you can try, and try, and try again- especially if you can just hand the check to the taxpayers. Here’s how the Treasury Department described the latest housing program in their press release yesterday" (more) Administration Announcing Another Dumb Housing Bailout Plan
Out Companies
Out Companies
nytimes.com — Kenneth R. Feinberg, the Treasury Department's special appointee for executive compensation, spoke yesterday in Washington. (more) Out Companies
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