The Treasury Department announced Thursday the sale of $1.54 billion worth of warrants on Bank of America stock. Treasury says the sales "provide an additional return to the American taxpayer" as part of the controversial $700 billion Troubled Asset Relief Program.
Continue reading Treasury Gets $1.54 Billion for Bank of America Warrants
Treasury Gets $1.54 Billion for Bank of America Warrants originally appeared on DailyFinance on Thu, 04 Mar 2010 12:30:00.
Filed Under:
JP Morgan Chase,
Goldman Sachs ,
Bank of America
Bank earnings season is under way, and with the financial results will come disclosures about average per-employee compensation that politicians seeking support for additional regulations or taxes on big banks will pounce on. Some of the proposals may make their way in some form into President Obama's financial reform plan.
Continue reading Why Politics Makes It Hard to Fix the Banks
Why Politics Makes It Hard to Fix the Banks originally appeared on DailyFinance on Sun, 31 Jan 2010 09:00:00.
Filed Under:
Economy,
Bank of America
credit info, repo info
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