WASHINGTON, Dec. 2 (UPI) -- The federal government's $700 billion bailout program for the U.S. financial industry lacks sufficient oversight, congressional investigators said.
WASHINGTON, Nov. 21 (UPI) -- Insurance companies buying banks to qualify for a share of the $700 billion U.S. bailout program have no guarantee the strategy will work, the Treasury said.
WASHINGTON, Nov. 18 (UPI) -- U.S. Treasury Secretary Henry Paulson Jr. told members of Congress Tuesday to look beyond Wall Street to find the effects of the financial bailout.
WASHINGTON, Nov. 14 (UPI) -- A U.S. House panel kept up the congressional criticism of the Treasury Department's handling of the $700 billion financial bailout Friday.
WASHINGTON, Nov. 13 (UPI) -- Sen. Christopher Dodd, D-Conn., ripped the beneficiaries of the $700 billion U.S. economic bailout, warning against cavalier action in the midst of the crisis.
WASHINGTON, Nov. 13 (UPI) -- U.S. officials charged with pulling the country out of its financial malaise say they're working on a credit-focused plan aimed at thawing consumer credit.
TORONTO, Nov. 13 (UPI) -- The Conservative Canadian government is tripling the amount of financial aid to banks in a bid to keep mortgage and credit markets viable.
WASHINGTON, Nov. 7 (UPI) -- U.S. banks participating in the $700 billion financial bailout plan should not continue lobbying in Washington, an influential advocacy group leader said.
ROME, Nov. 5 (UPI) -- Italian Prime Minister Silvio Berlusconi said the government would adopt a new plan to help banks and spur growth in lending to stimulate the economy.
WASHINGTON, Nov. 4 (UPI) -- After a slow start, U.S. banks are starting to line up for a share of the $700 billion bailout program approved by Congress, Treasury officials say.
STOCKHOLM, Sweden, Nov. 4 (UPI) -- Swedbank in Stockholm, Sweden, said it would participate in the government's bailout program and also said it would prefer some company.
BERLIN, Nov. 1 (UPI) -- German Chancellor Angela Merkel said banks should take advantage of a $637 billion government bailout plan few have availed themselves of so far.
WASHINGTON, Oct. 31 (UPI) -- Two U.S. banks have said they would put a substantial amount of their federal bailout assistance funds into circulation as loans in short order.
PARIS, Oct. 30 (UPI) -- The mandate to increase credit to customers built into the French government's financial bailout plan could be problematic for banks, a noted economist said.
WASHINGTON, Oct. 30 (UPI) -- A large share of the U.S. federal bailout funds allocated to banks will end up in the hands of the banks' shareholders, much to Sen. Charles Schumer's dismay.