Posts tagged as:

TARP

Bailed Out Execs Now Have a Salary Cap

by Jared Wade on March 23, 2010

Now that we all have universal health care (wait? It doesn’t really kick in for four more years? Oh), the White House has given us another piece of progress from the “probably should have happened a long time ago” file.
Yes, now that only a handful companies are still benefitting greatly from public assistance, the administration [...]

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Did the Bailouts Create More Risk?

by Emily Holbrook on February 1, 2010

Some feel the government’s response to the financial crisis may hurt the U.S. economy in the long run. At least that’s what an independent watchdog at the Treasury Department warned. The problem is that the issues that spawned the financial crisis have not been addressed — it has been more than 15 months since the [...]

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Life Insurers Receive Bailout

by Emily Holbrook on May 15, 2009

It was announced today that the following life insurers will receive bailout funds from the Troubled Asset Relief Program (TARP):

Allstate                                                                   
Ameriprise Financial                                     
Hartford Financial Services Group Inc.
Lincoln National Corp.
Prinicpal Financial
Prudential Financial

According to Treasury Department spokesman Andrew Williams, those life insurers met the requirements for the Capital Purchase Program because of their bank holding company status.
Investors have been increasingly worried about [...]

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