Top stories include:Treasury extends the TARP & Senator Judd Gregg disagrees. Street Critique with Frank McGhee of IBS metals. Tax Tips for Year End stock sales
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Top stories include: Goldman Sachs cuts cash bonuses for execs. Treasury Secretary Geithner defends TARP extension. AOL CEO Tim Armstrong. And another Tax Tip.
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Citigroup and Wells Fargo wrestle with the government over how much capital they need to raise in order to exit TARP. WSJ’s Deputy Money & Investing Editor Rick Brooks joins Kelsey Hubbard on the News Hub to discuss why the banks are so anxious to repay their TARP funds.
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Bank of America climbed Friday after a report that Bank of New York’s CEO is in talks to take over the top job at B. of A. Other financials were also on the rise. (Dec. 11)
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Dec. 7 (Bloomberg) — Jason Goldberg, a senior analyst at Barclays Capital, talks with Bloomberg’s Margaret Brennan about the outlook for bank repayment of Trouble Asset Relief Program funds. ¶ Goldberg says he doesn't expect "a lot" of regional banks exiting TARP in the near-term. (Source:...
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Treasury Secretary Timothy Geithner defends his decision to extend the financial bailout to the Congressional Oversight Panel. Video courtesy of News Core.
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Dec. 7 (Bloomberg) — Matthew McCormick, a banking analyst and portfolio manager at Bahl & Gaynor Inc., talks to Bloombergs Lori Rothman about the prospects for Citigroup Inc. to exit the Treasury’s Trouble Asset Relief Program. McCormick, speaking from Cincinnati, also discusses Bank of Am...
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Dec. 8 (Bloomberg) — John Makin, a visiting scholar at the American Enterprise Institute, talks with Bloomberg’s Mark Crumpton about the Obama administration's plan for funds returned from the Troubled Asset Relief Program. Makin also discusses the US budget deficit and Federal Reserve Cha...
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. Obama today proposed new spending on the nations transportation system, tax credits to spur hiring by small businesses and incentives to make homes more energy efficient in a second round of initiatives aimed at cutting the jobless rate. (Source: Bloomberg) ... Heritage’s Fraser Opposes Using ...
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U.S. Treasury Secretary Timothy Geithner says the Obama administration will extend the financial bailout program until next October. Reporting from Washington, WSJ’s Deborah Solomon joins Kelsey Hubbard on the News Hub to discuss the latest.
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