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Bank of New York Mellon repays TARP funds

Jun. 17, 2009
Bank of New York Mellon said Wednesday it repaid the $3 billion it received last fall as part of the government's $700 billion bank investment program. Bank of New York Mellon received the money as part of the Treasury Department's Troubled Asset Relief...
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Ten banks can return TARP funds

WASHINGTON, June 9 (UPI) -- The U.S. Treasury Department said 10 large financial firms were strong enough to return billions of dollars of emergency bailout funds to the government.

Prudential, Ameriprise turn down TARP

WASHINGTON, May 16 (UPI) -- Prudential Financial Inc. will join Ameriprise Financial as insurers rejecting help from the U.S. Troubled Asset Relief Program, industry sources say.

Treasury offers TARP funds to insurers

WASHINGTON, May 15 (UPI) -- The U.S. Treasury said it would offer $22 billion in loans to insurance companies that qualified for federal assistance.
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.

First Niagara to pay off TARP funds

LOCKPORT, N.Y., April 14 (UPI) -- Western New York bank First Niagara said it intended to pay back $184 million it accepted as part of a government bailout program.

Goldman Sachs reports strong Q1 profit

NEW YORK, April 13 (UPI) -- Goldman Sachs Group Monday reported $1.66 billion profit in the first quarter of 2009 and may be ready to return bailout funds to taxpayers, analysts said.

Hearing to focus on TARP waste prevention

WASHINGTON, March 6 (UPI) -- Rep. Dennis Kucinich, D-Ohio, says he wants the U.S. Treasury Department to explain its efforts to prevent waste and abuse of federal bailout funds for banks.

GAO says TARP transparency lagging

WASHINGTON, Jan. 30 (UPI) -- The U.S. Government Accountability Office Friday said the Treasury Department is improving the transparency of its massive Troubled Asset Relief Program.

New House members oppose TARP

WASHINGTON, Jan. 22 (UPI) -- A House vote Thursday on the release of the second half of the federal financial industry bailout drew no votes from many in the chamber's freshman class.

Bush has not made decision on TARP funds

WASHINGTON, Dec. 22 (UPI) -- U.S. President George W. Bush has not decided whether to ask Congress to release the second half of the financial industry bailout, the White House said.
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French Open tennis in Paris
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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