• Stocks Advance; Exxon, Banks Drag Monday, 14 Dec 2009 | 3:40 PM ET
    Winterizing Your Portfolio - A CNBC Special Report

    Stocks were higher in afternoon trading Monday as news of an energy deal and a lifeline for Dubai helped buoy the market.

  • Stocks Head Higher; XTO Deal Boosts Energy Monday, 14 Dec 2009 | 9:59 AM ET
    Winterizing Your Portfolio - A CNBC Special Report

    Stocks opened slightly positive Monday as investors grew less jittery about the situation in Dubai and a big merger deal helped juice the energy sector.

  • Futures Lifted by Dubai, Big Deal News Monday, 14 Dec 2009 | 8:19 AM ET
    Winterizing Your Portfolio - A CNBC Special Report

    Stock index futures pointed to a positive open for Wall Street on Monday as investors cheered news that Abu Dhabi would provide $10 billion of surprise aid to neighbor Dubai.

  • SEC to 'Vigorously Pursue' Charges Against BofA Friday, 11 Dec 2009 | 12:37 PM ET
    Bank of America

    The Securities and Exchange Commission will continue to "vigorously pursue" its charges against Bank of America over disclosure of bonuses to employees of Merrill Lynch, a top agency official said Friday.

  • Pay Czar Issues New Restrictions on Compensation Friday, 11 Dec 2009 | 12:04 PM ET
    Kenneth R. Feinberg, the Treasury Department's special appointee for executive compensation.

    The U.S. pay czar on Friday issued his latest crackdown on bailout recipients, ruling that cash salaries will be mostly limited to $500,000 for the next tier of top earners.

  • Treasury Receives $936 Million for JPMorgan Warrants Friday, 11 Dec 2009 | 9:52 AM ET
    Treasury Building

    The Treasury Department has received $936.1 million in the sale of warrants it had received from JPMorgan Chase as part of the support it provided the bank during last year's financial crisis.

  • AIG Units Omit Name and Excel Thursday, 10 Dec 2009 | 4:18 AM ET
    AIG Headquarters

    AIG is once again the top seller of fixed annuities to bank customers, although the contracts are being offered under the names of two subsidiaries, the New York Times reports.

  • Bailout Program Extended to October: Geithner Wednesday, 9 Dec 2009 | 11:49 AM ET
    Timothy Geithner

    Treasury Secretary Timothy Geithner told Congress Wednesday that the administration will extend the government's financial bailout program until next fall, saying it's needed to protect against fresh economic shocks.

  • Bailout Watchdog: Crisis Response Worked, Somewhat Wednesday, 9 Dec 2009 | 3:58 AM ET
    Financial Crisis

    The government's $700 billion bailout of the financial system helped prevent an all-out panic last fall but hasn't met many of the targets Congress set out, a watchdog panel says.

  • Government Slashes Estimate of Bailout Cost Monday, 7 Dec 2009 | 3:35 AM ET
    Government Bailout

    The Treasury Deaprtment expects to recover all but $42 billion of the $370 billion it has lent to ailing companies,  according to a new Treasury report.

  • Citigroup, Last Wall Street Bank Held by State Friday, 4 Dec 2009 | 4:46 AM ET

    A day after Bank of America announced that it would repay its federal bailout money, Citigroup and Mr. Pandit, its chief executive, were left in the uncomfortable position of being the last of the Wall Street giants to remain tethered to the state, the New York Times reported.

  • Strong Banks, Weak Credit: Treasury Rethinks TARP Tuesday, 24 Nov 2009 | 6:19 AM ET

    Big banks are roaring back. At crisis' edge last year, they are repaying billions of dollars dumped into their vaults to rescue them. Dividend checks are accumulating at the Treasury. Taxpayers won't recoup the full sum of the government's unprecedented infusion to the financial sector, but the returns are ahead of schedule.

  • Post-Mortems Reveal Obvious Risk at Banks Thursday, 19 Nov 2009 | 5:54 AM ET
    Financial Crisis

    The coroner’s report left no doubt as to the cause of death: toxic loans. That was the conclusion of a financial autopsy that federal officials performed on Haven Trust Bank, a small bank in Duluth, Ga., that collapsed last December, the New York Times reported.

  • Lawmakers Seek Fed Audit for Mishandling AIG Bailout Wednesday, 18 Nov 2009 | 1:40 PM ET

    A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant American International Group.

  • Audit Faults New York Fed in AIG Bailout Tuesday, 17 Nov 2009 | 5:17 AM ET
    Aig Headquarters

    The Federal Reserve Bank of New York gave up much of its power in high-pressure negotiations with the American International Group’s trading partners last year, according to a government report made public on Monday.

  • Dodd: Financial Reform Bill Is Open for 'Discussion' Wednesday, 11 Nov 2009 | 11:37 AM ET

    Sen. Christopher Dodd, chairman of the Senate Banking Committee, told CNBC Wednesday that his version of the financial reform bill is a "discussion draft," and there is still room for debate over whether to create a single federal regulator, as well as whether to make an independent consumer protection agency.

  • Watchdog Official Criticizes Handling of TARP Wednesday, 21 Oct 2009 | 5:39 AM ET
    Financial Crisis Bailout

    A government watchdog said the $700 billion bailout for the financial industry played a major role in rescuing the economy over the last year but also engendered anger and distrust among Americans because of secrecy and confusion about the way the program was handled.

  • Mr. Geithner, Wall Street is on Line 1 (Again) Thursday, 8 Oct 2009 | 6:38 AM ET

    Even during his most frenzied days, when Congress is demanding answers or the president himself is calling, Treasury Secretary Timothy Geithner makes time to talk to a select group of powerful Wall Street bankers.

  • Homeowners Fall Behind—Even After Loan Modifications Wednesday, 30 Sep 2009 | 3:01 PM ET
    A home is advertised for sale at a foreclosure auction in Pasadena, California.

    Lenders are ramping up efforts to avoid home foreclosures, but a report by bank regulators says more than half of borrowers who get help fall behind again.

  • Commentary: Spending Stimulus to Track Stimulus Tuesday, 29 Sep 2009 | 6:26 PM ET
    Stimulus Package

    Almost 10-million of stimulus money went toward revamping the Web site that monitors the spending. That's right. The government spending money on how it monitors how it spends money.