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ft.com - 15 hours ago
Treasury secretary challenges Goldman aid claims
— ft.com — By Tom Braithwaite in Washington and Justin Baer in New York Published: December 5 2009 00:49 |... Last updated: December 5 2009 00:49 Tim Geithner on Friday rejected Goldman Sachs ’ claim that it could have withstood the financial crisis without ... (more) Treasury secretary challenges Goldman aid claims

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hf-implode.com - 35 hours ago
Citigroup Said to Need Treasury Stake Sale Before TARP Payment
— hf-implode.com — "The U.S. Treasury Department’s refusal to sell its 34 percent stake in Citigroup Inc. is hampering the... bank’s plans to repay $20 billion of remaining bailout funds, people familiar with the bank said." (more) Citigroup Said to Need Treasury Stake Sale Before TARP ...

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US Treasury Latest Blog Posts

Quarter in U.S. foreclosure plan late on payments (Reuters)
53 minutes ago at Yahoo! News: Personal Finance News
news.yahoo.com - 5 days ago
Washington to press banks on mortgage relief: report (Reuters)
— news.yahoo.com — Reuters - The Obama administration plans to announce on Monday a campaign to press mortgage companies to... reduce payments for many more struggling homeowners, The New York Times reported in Sunday editions. (more) Washington to press banks on mortgage relief: report  ...

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ft.com - 15 days ago
Geithner defends record to Congress
— ft.com — By Sarah O’Connor in Washington and Alan Rappeport in New York Published: November 19 2009 18:35 |... Last updated: November 19 2009 18:35 Tim Geithner launched a fierce defence of his record as US Treasury secretary on Thursday as Republicans said his ... (more) Geithner defends record to Congress

Comments vote down FT Alphaville found this 15 days agofound this
Another View: Unintended Consequences on Wall St.
dealbook.blogs.nytimes.com - 15 days ago
Another View: Unintended Consequences on Wall St.
— dealbook.blogs.nytimes.com — Another View: Peter J. Solomon, the chairman of the Peter J. Solomon Company, looks at Wall Street's... compensation and the unintended consequences of the banking bailout. (more) Another View: Unintended Consequences on Wall St.

Comments vote down FT Alphaville found this 15 days agofound this
hf-implode.com - 18 days ago
U.S. to aid some local mortgage programs
— hf-implode.com — A Treasury Department program aimed at propping up local housing finance agencies will help inject $29 billion... into these groups over the next year, according to government data scheduled to be released Tuesday. The program focuses on state and local housing finance agencies, which provide ... (more) U.S. to aid some local mortgage programs

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onthehillblog.blogspot.com - 22 days ago
Govt’s Attempt to Push Transparency for Mortgage Mods Falls Short
— onthehillblog.blogspot.com — Last week, the Treasury Department took a step to address those concerns: For the first time, it... issued guidelines requiring mortgage servicers to give homeowners details about why they’ve been denied. But the required disclosure will only be partial, and housing advocates say that means servicers’ (more) Govt’s Attempt to Push Transparency for Mortgage Mods ...

Comments vote down MediaMan MediaMan posted 22 days agoposted this
alephblog.com - 25 days ago
My Visit to the US Treasury, Part 7 (Final)
— alephblog.com — Things have been busy for me, so this final part should be short. What did I learn... that I did not already know? Not much, except: The Treasury wants to convince the public that it is doing its best, but that Congress is a slave to the Financial Services industries. When asked about the ... (more) My Visit to the US Treasury, Part 7 (Final)

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hf-implode.com - 26 days ago
Treasury Denies Fannie’s Request to Transfer Housing Tax Credits
— hf-implode.com — " The US Treasury Department is denying the request of mortgage giant Fannie Mae to transfer half... of the equity interests in its low-income housing tax credit (LIHTC) investments to unrelated third-party investors." (more) Treasury Denies Fannie’s Request to Transfer Housing Tax ...

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hf-implode.com - 26 days ago
BofA Lends $96bn of First Mortgages in Q309
— hf-implode.com — " BofA’s $759bn in new credit extended is equal to nearly $17 for every $1 of the... $45bn of Troubled Asset Relief Program (TARP) funds it received from the federal government. By November 16, Bank of America will pay more than $2.5bn in dividend payments to the US Treasury Department." (more) BofA Lends $96bn of First Mortgages in Q309

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alephblog.com - 27 days ago
My Visit to the US Treasury, Part 6
— alephblog.com — Now, none of us knew when we came that only bloggers were invited. Personally, I expected it... to be a broader press briefing that some bloggers could come to as well. “Deep background” is well understood to the press, but new to bloggers. My blogging friends at the meeting can ... (more) My Visit to the US Treasury, Part 6

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alephblog.com - 28 days ago
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

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hf-implode.com - 28 days ago
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

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alephblog.com - 29 days ago
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

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alephblog.com - 30 days ago
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

Comments vote down Alephblog Alephblog posted 30 days agoposted this