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UPDATE 1-U.S. Treasury working on new uses for bailout cash external link

Reuters | Wed, Dec 16

Reuters is the #4 News Source for United States Department of the Treasury

WASHINGTON, Dec 16 (Reuters) - The US Treasury is working on "a number of fronts" to use the government's $700 billion bailout fund to boost lending to ...

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Opinion: Willem Buiter: Treasury Will Have to Abandon Current Approach to Banks

There is just one way to make the US government’s policy towards the banks work. That is for the Congress to vote another $1.5 trillion worth of additional TARP money for the banks - $1 trillion to buy the remaining toxic assets off their balance sheets, and $0.5 trillion worth of additional ca...
Thu, Apr 16 |  from naked capitalism

 

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