Government Programs TALF

  • US Pushes Europe to Act With Force on Debt Crisis Saturday, 24 Sep 2011 | 10:07 AM ET
    German Chancellor Angela Merkel

    The Obama administration, increasingly alarmed by the spillover effects of Europe’s financial crisis, has begun an intensive lobbying campaign to persuade Chancellor Angela Merkel of Germany to ramp up efforts to stem any contagion from the debt crisis in Greece, the NYT reports.

  • Cross Section of Rich Invested With the Fed Friday, 3 Dec 2010 | 11:37 AM ET
    United States Federal Reserve

    Scores of wealthy but little-known investors made profits from an emergency lending program the Federal Reserve announced in November 2008. The New York Times reports.

  • Treasury Wants TARP Rules Eased For Small Biz Lending Wednesday, 23 Dec 2009 | 10:22 AM ET

    The Treasury Department will ask Congress for legislation to relax rules governing the Troubled Asset Relief Program or TARP to help small business get loans from smaller banks, CNBC has learned.

  • Bernanke: Consumer Loan Program Still Needed Friday, 25 Sep 2009 | 9:54 AM ET
    Ben Bernanke

    Federal Reserve Chairman Ben Bernanke said Friday a government program intended to spark lending to consumers and businesses is still necessary even with other emergency lending programs winding down as the economy recovers.

  • Farrell: Now, Now, Children Wednesday, 8 Jul 2009 | 12:10 PM ET

    Well, the Administration can't say "give it time to work" and have some others say "we need another one before this one has had time to do its thing." Talk about creating a box needlessly. And don't you find it curious that the meat of the Stimulus package, the shovel-ready job-creation part of the deal, is due to hit just about in time for the midterm elections?

  • No Recovery Until 'Well into 2010’: Ross Monday, 29 Jun 2009 | 8:19 AM ET

    The U.S. economy isn't likely to recover until "well into 2010," Wilbur Ross, chairman and CEO of WL Ross & Co., said Monday.

  • Sallie Mae to Service $550 Billion in Student Loans Thursday, 18 Jun 2009 | 3:29 PM ET

    The Department of Education has selected student lender Sallie Mae and three other companies to service the $550 billion in outstanding federal student loans and future loans owned by the government.

  • Inflation Subdued Tuesday, 16 Jun 2009 | 9:26 AM ET

    Futures moved up modestly as May Producer Price Index was up only 0.2 percent, less than the 0.6 percent increase expected.

  • Farrell: Timmy And Guo Are Playing Nicely Wednesday, 3 Jun 2009 | 9:22 AM ET
    Vince Farrell

    I do like to kid Treasury Secretary Geithner, but in reality I think he has done a credible job under very difficult circumstances.

  • Bernanke Says TALF Program Demand Likely Rising Friday, 15 May 2009 | 12:01 PM ET
    Ben Bernanke

    Investors appear to be more willing to participate in a U.S. Federal Reserve program aimed at reviving consumer and business lending, and demand for the program appears to picking up, Federal Reserve Chairman Ben Bernanke said in a letter to a lawmaker released on Friday.

  • Farrell: The Loss Of A Single Job Is A Tragedy Thursday, 7 May 2009 | 8:57 AM ET

    Unemployment is a scary thought. No income, no benefits, emotional angst and the fear that the future isn't going to be better. The loss of 491,000 jobs as estimated by Automatic Data Processing on Wednesday is staggering.

  • The Federal Reserve headquarters in Washington, DC.

    The Federal Reserve announced Friday that it will launch a much-awaited program in June to bolster commercial real-estate lending. And, to help make the program more attractive to investors, the Fed will provide longer, five-year loans

  • Energy Comes At The End Of The Day Thursday, 16 Apr 2009 | 5:03 PM ET

    For most of the day, stocks moved in a narrow range, but volume and prices picked up late in the day.

  • The Messages Behind The Wells Fargo Profits Thursday, 9 Apr 2009 | 3:17 PM ET

    Wells Fargo Bank shocked Wall Street today with an earnings report that was double what the street mavens expected. Stocks shot up 200 points. What’s the first message? Banks are turning profitable. They’re in better shape than people think.

  • Farrell: Don't Trust The Government Thursday, 9 Apr 2009 | 9:00 AM ET
    Vince Farrell

    Do not trust the government seems to be the mantra of the possible players in the TALF program. But the program is off to a miserable non-start with only $1.7 billion being bid for this week.

  • It's Earnings Season: Prepare For The "Talk Down" Wednesday, 8 Apr 2009 | 10:46 AM ET

    So earnings season is underway, and the key test will be how the market responds to what is expected to be a concerted attempt to talk down expectations for the rest of the year.

  • Farrell: Unemployment Is A Lagging Indicator Monday, 6 Apr 2009 | 2:30 PM ET

    The unemployment news released on Friday was as dismal as had been expected. 663,000 jobs were lost and the rate of unemployment hit 8.5%.

  • For Banks, New Debt Rules May Be 'Double-Edged Sword' Wednesday, 1 Apr 2009 | 6:01 PM ET

    Banks are expected to get some relief Thursday on how they price billions of dollars in toxic debt. But the changes could just add more confusion—and won't make banks more attractive to investors.

  • Obama's Toxic-Asset Plan: End-Run Around Congress? Wednesday, 25 Mar 2009 | 11:59 AM ET

    The complex plan to deal with toxic assets may have answered Wall Street’s questions about shoring up balance sheets but it's raising concerns about funding and oversight.

  • US May Not Get Control Over Financial Giants For Weeks Wednesday, 25 Mar 2009 | 11:06 AM ET

    Legislation giving  the US new powers to seize troubled financial firms is unlikely to be introduced before Congress’s Easter recess, a source told