Bailouts
featured
LISBON, April 5- Portugal's constitutional court on Friday rejected four out of nine contested austerity measures in this year's budget in a ruling that deals a blow to government finances but is unlikely to derail reforms two years after the country's bailout.
» Read More
More
-
What's good for General Motors is not good for America, and vice versa. I don't object to the government giving GM tens of billions of dollars so it can avoid bankruptcy, or at the very least liquidation.
-
Wiley just sent me a release announcing plans to publish the book "Bailout Nation: How Easy Money Corrupted Wall Street and Shook the World Economy," by asset manager, economics blogger and media commentator, Barry Ritholtz.
-
The government's "stress-test" of the nation's largest banks could end up discouraging lending as banks hoard cash to appear healthier.
-
Fair or not, this week's breakthrough of the Dow lows suggests that the market has run out of patience with Washington and is willing to keep selling until someone comes up with a solution.
-
Businesses filing for bankruptcy need loans to work out their troubles, or face liquidation. But General Motors and its smaller rival, Chrysler, have threatened that they will need $125 billion, in what would be the largest bankruptcy financing packages ever, if they do not receive the additional federal aid they are requesting.