Watch
Neil Barofsky Lauds Barney, Blasts Dodd-Frank
Former TARP cop Neil Barofsky explains why he thinks the big banks should be broken up.
Watch
Why the U.S. Government Bought ‘Troubled Assets’
Making Sen$e of Bailouts: Why the U.S. Government Bought 'Troubled Assets'…
Obama Prods Bankers to Do More to Revive U.S. Economy
In a White House meeting with the executives of the nation's largest banks, President Obama called on financial institutions to step up efforts to revive the U.S. economy after they received "extraordinary" financial assistance.
Citigroup to Repay $20B in TARP Funds
Citigroup announced Monday that it will repay $20 billion in taxpayer money, becoming the last of the major Wall Street banks to exit the government-funded bailout program.
New compensation rules issued Friday will cap 2009 pay at $500,000 cash for about 450 employees at four companies that have received government bailout funds. The new guidelines affect the 26th- through 100th-highest-paid employees at the affected firms, which include…
The number of U.S. homes worth less than the mortgages owed on them reached 10.7 million, or 23 percent of all mortgaged homes, in the third quarter, according to a new report.
The Federal Reserve Bank of New York ceded much of its negotiating power to AIG's trading partners during the insurance giant's rescue last year, according to a new report from the watchdog for the Troubled Asset Relief Fund.
Tonight on the NewsHour, FDIC Director Sheila Bair weighs in on the state of the U.S. banking system. In a Web-exclusive excerpt, Bair speaks bluntly about the need to break up banks that are deemed "too big to fail."…
CIT, a major lender to small U.S. businesses, filed on Sunday for one of the largest Chapter 11 bankruptcy protections in history.
