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Nine Florida banks, including one in the Tampa Bay area, have applied for and received $164 million in bailout money under the federal government's $700 billion rescue package of financial institutions, according to the latest data from the U.S. Treasury Department. ...more
February 10, 2009
President Barack Obama hailed the Senate's passage of a massive economic rescue plan on Tuesday but warned that there's more work to do as lawmakers begin difficult talks on a final deal. ...more
February 10, 2009
WASHINGTON - President Barack Obama's economic recovery plan has passed the Senate and is on its way to difficult House-Senate negotiations. ...more
February 10, 2009
WASHINGTON - President Barack Obama on Wednesday imposed $500,000 caps on senior executive pay for the most distressed financial institutions receiving federal bailout money, saying Americans are upset with "executives being rewarded for failure." ...more
February 4, 2009
WASHINGTON - Treasury Secretary Timothy Geithner, in his first full day on the job, is announcing new rules to limit special-interest influence on the government's $700 billion financial rescue program. ...more
January 27, 2009
The Senate on Monday confirmed New York Federal Reserve Bank chief Timothy Geithner as President Barack Obama's treasury secretary despite tax problems that might have sunk his nomination in less desperate times. ...more
January 26, 2009
Fiat and Chrysler said Tuesday they have agreed to form a strategic alliance that would give the Italian auto empire a 35 percent stake in the troubled U.S. carmaker and eventually could give it full control. ...more
January 21, 2009
Fiat and Chrysler said Tuesday they have signed a nonbinding agreement for a strategic alliance that would give the Italian auto empire a 35-percent stake in the troubled U.S. carmaker. ...more
January 20, 2009
President-elect Barack Obama wants more transparency and strict guidelines for using the second $350 billion of the bailout fund Congress approved last fall to stabilize the nation's financial system. ...more
January 11, 2009
$266.9 billion Amount the Treasury Department has disbursed from the $700 billion financial rescue program, according to an announcement Thursday ...more
January 9, 2009
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