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Treasury Department

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  • For all the US intervention into business and markets, there’s one thing it still can’t do to stop the bleeding in the financial system.

  • Jim Rogers: Let AIG Go Bankrupt, Not America Tuesday, 3 Mar 2009 | 4:24 PM ET
    Credit Crisis

    American International Group should be allowed to go bankrupt because keeping it and other sick financials alive on government support risks ruining the US economy, legendary investor Jim Rogers told CNBC Tuesday.

  • Market Meltdown Amplifies Baby Boomer Worries Tuesday, 3 Mar 2009 | 8:10 AM ET
    Wall Street in Crisis

    If jobs weren’t enough to worry about in this recession, for many Americans there’s the added pressure of being able to afford retirement. The relentless decline in stock and home prices is destroying household wealth big time.

  • Obama Walking Tightrope On Bailing Out US Banks Friday, 27 Feb 2009 | 2:58 PM ET

    The Obama administration is trying to walk a public relations tightrope in aiding the banking industry.

  • A Bank Rally? Wednesday, 25 Feb 2009 | 7:52 PM ET

    Could it be? And if so, will it continue? Cramer says there’s reason to think it might.

  • Why More US Banks Aren't Being Allowed to Fail Wednesday, 25 Feb 2009 | 11:41 AM ET

    With all the doom and gloom about the financial system, you'd think banks would be failing at a furious pace. They're not. Here's why and how  that may be about to change.

  • Busch: What's Really Behind The Doom And Gloom Tuesday, 24 Feb 2009 | 9:48 AM ET

    float: left;display: inline; font-size:11px; font-face:Arial; border: 1px solid #CCC; line-height:12px; margin-right: 15px; width:100px;/CNBC/Sections/News_And_Analysis/_Blogs/Guest_Blog/__COVER/bush_andy.jpg110010000truehttp://msnbcmedia.msn.comAndrew Buschfalse1Pfalsefalsefalsefalse left/CNBC/Components/Images/spacer.gif157000lefttruehttp://icnbc.msnbc.msn.comfalsePfalsefalsefalsefalse Andrew BuschGlobal Finance Strategist BMO Financial Group There seems to be a lack of perspective to create a comprehensive vision of where we will end up from these decisions and if this destination is where we want to go, says Andrew Busch.

  • Steven Rattner: Not The Car Czar, But A Lead Advisor Monday, 23 Feb 2009 | 4:20 PM ET
    Obama Auto Team

    The man many thought would be "Car Czar" will now be leading the task force looking at how to fix General Motors and Chrysler. Steven Rattner is joining the Obama team as counselor to Treasury Secretary Timothy Geithner.

  • Stop Trading!: Blame Geithner for Market Mess Monday, 23 Feb 2009 | 3:36 PM ET

    Plus, Cramer responds to the AIG news and offers China plays.

  • Yoshikami: The Other Shoe's Dropping at Citi Monday, 23 Feb 2009 | 12:27 AM ET

    Surprise, surprise. Citigroup is not quite as healthy as they would have us believe. Turns out that their asset levels as measured by TCE, and maybe other measures for all we know, are lacking. The shoe is dropping as we speak.

  • Bear Stearns: Government Emails On Takeover Friday, 20 Feb 2009 | 11:31 AM ET
    Bear Stearns

    Negotiations to have JP Morgan take over Bear Stearns in March of 2008 produced an avalanche of emails from government officials.

  • Stop Trading!: Geithner’s Live-or-Die Stress Test Friday, 13 Feb 2009 | 3:50 PM ET

    As brutal as it sounds, Cramer says, not every bank will make it.

  • Awaiting Treasury, Banks Stall Foreclosures Friday, 13 Feb 2009 | 12:38 PM ET
    Foreclosure

    As precious few details emerge from the Treasury department on the $50 billion housing rescue plan, the big banks are temporarily halting foreclosures.

  • All Roads (And Trades) Lead To Rome Friday, 13 Feb 2009 | 9:27 AM ET

    Yesterday's late-day spike as Mr. Lockhart floated a trial balloon of help for home owners is, according to the few bulls around, a sign that there is just as much risk on the upside as the downside.

  • Ailing Banks May Require More Aid to Keep Solvent Friday, 13 Feb 2009 | 5:35 AM ET

    Some of the nation’s large banks, according to economists and other finance experts, are like dead men walking, the New York Times reported.

  • Pros Say: Let Banks Fail Friday, 13 Feb 2009 | 4:58 AM ET

    Friday the 13th proved lucky for global stocks as the spent the day in the green. Financials lead the gains on news of a US subsidy plan for mortgage payments. The improved mood among investors comes ahead of this weekend's G7 meeting of financial leaders.

  • Pros Say: Stimulus Plan is 20% Baggage Thursday, 12 Feb 2009 | 5:02 AM ET

    Global stocks spent another day in the red Thursday as investors questioned whether the $789 billion US stimulus package will restart the economy.

  • Economy On Clock As Geithner Fumbles Wednesday, 11 Feb 2009 | 6:08 PM ET

    It appears investors are fairly under whelmed by the new plan to bailout banks. And we spoke with one of Geithner’s toughest critics.

  • New TARP Reporting Form May Shed Light On Lending Wednesday, 11 Feb 2009 | 2:02 PM ET

    The Treasury Department will soon release documents providing information about the lending activities of the biggest 20 financial firms receiving government aid under the controversial program.

  • NY Reps To Geithner: Don't Kill Citi-Mets Stadium Deal Wednesday, 11 Feb 2009 | 1:42 PM ET

    CNBC has obtained a letter signed by six house Representatives from New York State sent to Timothy Geithner, asking the Treasury Secretary to disregard the call for Citigroup to break its 20-year, $400 million investment for the naming rights to the New York Mets stadium.