Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Top News

Bailout watchdog: Who's the boss?

Jun. 22, 2009
The watchdog charged with investigating fraud in the government bailout programs is feuding with the Treasury Department about who he answers to.
Related Stories from UPI.com
Nearly 20 bailout investigations under way

Nearly 20 bailout investigations under way

WASHINGTON, April 21 (UPI) -- A government watchdog has undertaken nearly 20 criminal investigations related to the $700 billion bank bailout program, a congressional report said.

Treasury expecting bailout paybacks soon

WASHINGTON, April 16 (UPI) -- U.S. Treasury Department officials said they expect a minimum of $25 billion in bailout funds could soon be returned from financial firms.

GAO: Bailout program needs more oversight

WASHINGTON, Dec. 2 (UPI) -- The federal government's $700 billion bailout program for the U.S. financial industry lacks sufficient oversight, congressional investigators said.
Senate seeks fast bailout watchdog choice

Senate seeks fast bailout watchdog choice

WASHINGTON, Nov. 20 (UPI) -- U.S. senators say they hope to have a strong watchdog in place quickly for the Treasury Department's $700 billion bailout program.

Bush picks bailout watchdog

WASHINGTON, Nov. 14 (UPI) -- U.S. President George Bush said Friday he will nominate federal prosecutor Neil Barofsky to watchdog the $700 billion financial markets rescue plan.

House grills Treasury on 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.
Bailed out firms are doling out dividends

Bailed out firms are doling out dividends

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.

Treasury takes first steps under bailout

WASHINGTON, Oct. 6 (UPI) -- The U.S. Treasury said Monday it has taken its first steps under the $700 billion federal bailout bill signed into law Friday.

Bush: U.S. economy in crisis

WASHINGTON, Sept. 24 (UPI) -- U.S. President George W. Bush said the nation's economy would suffer catastrophic effects if Congress fails to pass a bailout of the financial industry.

Rome in $572 million bailout of Alitalia

ROME, Nov. 11 (UPI) -- Italy's government plans to come to the rescue of Italy's national airline with a $572 million purchase of the carrier's stock.
1 of 29
French Open tennis in Paris
View Caption
Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa