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Oct 20, 2008
Economic Times, India -
20 Oct, 2008, 2344 hrs IST, PTI WASHINGTON: US Treasury Secretary Henry Paulson on Monday said the utilisation of 250 billion dollars to buy stakes in the ... -
Oct 20, 2008
Reuters -
By David Lawder WASHINGTON, Oct 20 (Reuters) - The US Treasury on Monday began taking applications from US banks interested in tapping into the remaining $125 billion in a government equity infusion program, while making clear it wants new capital loaned out -- not ... -
Oct 20, 2008
U.S. News & World Report, DC -
Much of the success of Treasury's $250 billion capital injection plan will depend on banks' willingness to lend the cash out rather than simply hoard it as protection against the rickety U.S. economy. Treasury has already earmarked $125 billion of this money for nine leading financial ... -
Oct 20, 2008
Motley Fool -
By Chuck Saletta It was a scene that would have fit better in the classic gangster movie The Godfather than in the seat of financial control of the most powerful country in the world. Treasury Secretary Henry Paulson sat the leaders of several of the biggest and most ... -
Oct 20, 2008
CNNMoney.com -
By Tami Luhby, CNNMoney.com senior writer NEW YORK (CNNMoney.com) -- Banks of all sizes are interested in a piece of the federal government's $250 billion ... -
Oct 20, 2008
MarketWatch -
WASHINGTON, Oct 20, 2008 /PRNewswire-USNewswire via COMTEX/ -- Speaker Nancy Pelosi today issued this statement following remarks by Treasury Secretary Henry Paulson who called on financial institutions about to receive $250 billion in capital infusions from the federal government ... -
Oct 20, 2008
BusinessWeek -
By Jane Sasseen US Treasury Secretary Henry Paulson and other regulators went a bit further toward spelling out how troubled banks will go about securing a capital infusion from the Treasury's $250 billion rescue fund. However, at a press conference held on Monday, Oct. 20, ... -
Oct 20, 2008
New York Times, United States -
By ANDREW ROSS SORKIN The banks aren’t lending. And despite what you have heard, they probably won’t start just yet. The stock market may be way up on ... -
Oct 20, 2008
Washington Post, United States -
By Peter Whoriskey The federal proposal to invest $250 billion in financial institutions has drawn ''interest from a broad group of banks of all sizes,'' ... -
Oct 20, 2008
New York Times, United States -
By DAVID S. SCHARFSTEIN and JEREMY C. STEIN ON Oct. 13, the chief executives of nine large American banks were called to a meeting at the Treasury ...
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Oct 20, 2008
Salt Lake Tribune, United States -
Zions Bancorp may ask the federal government to buy some of its shares as part of a program designed to inject money into banks in order to thaw the nation's credit freeze. The program, made available last week to the country's nine largest banks, could ... -
Oct 20, 2008
Houston Chronicle, United States -
By MARTIN CRUTSINGER AP Gerald Herbert AP WASHINGTON — Treasury Secretary Henry Paulson said Monday government purchases of stock in banks represent an investment that should eventually make money for taxpayers. While the initiative started with $125 billion set aside ... -
Oct 20, 2008
Globe and Mail, Canada -
Henry Paulson said it with the confidence of well, of a man who used to run Goldman Sachs. His scheme to pump a quarter of a trillion dollars into America's banks "is an investment, not an expenditure, and there is no reason to expect this program will cost ... -
Tuesday, October 21, 2008
New York Times, United States -
Gerald Herbert/AP Treasury Secretary Henry Paulson said Monday that there was enough stabilization money left over to assist every qualified bank. ... -
Tuesday, October 21, 2008
Wall Street Journal -
By DEBORAH SOLOMON and DAVID ENRICH WASHINGTON -- The federal government's $250 billion plan to bolster US financial institutions is aimed at persuading healthy banks to lend again, but it's likely to foster further consolidation in the industry, with some banks already ... -
Tuesday, October 21, 2008
CNNMoney.com -
Several top banks have said they are interested in a piece of the $125B set aside for them. Lousy quarterly numbers may push other banks to ask for help. // Uses both the shortcut for $(document).ready() // and the argument to write failsafe ... -
Tuesday, October 21, 2008
Reuters -
WASHINGTON (Reuters) - Treasury Secretary Henry Paulson said on Tuesday that he expects to see consolidation within the stressed US banking industry and ... -
Tuesday, October 21, 2008
Bloomberg -
By Rebecca Christie Oct. 21 (Bloomberg) -- Treasury Secretary Henry Paulson is working with the Federal Reserve and Federal Deposit Insurance Corp. on ... -
Tuesday, October 21, 2008
MarketWatch -
By Rex Nutting WASHINGTON (MarketWatch) -- The Treasury and the Federal Deposit Insurance Corp. are working with the Federal Reserve and Fannie Mae to prevent millions of home foreclosures, Treasury Secretary Henry Paulson said Tuesday in an exclusive interview on "Charlie Rose" on ... -
Tuesday, October 21, 2008
Bloomberg -
By Rebecca Christie and Robert Schmidt Oct. 21 (Bloomberg) -- Treasury Secretary Henry Paulson said he aims to intensify efforts to stem foreclosures by using part of the government's $700 billion financial-rescue fund. ...
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