Read more rescue package stories on Newserhttp://www.newser.com/taggrid/32626/rescue-package.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 9:04:53 CSThttp://www.newser.com/story/72120/bailout-is-bad-news-for-savers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagNot fed up enough with just putting your taxpayer dollars directly on the line to bail out the nation’s banks? Allan Sloan has latched on to some insidious “collateral damage” from the government’s rescue plan, those trillions spent “to keep interest rates down to support the economy and prop up...http://www.newser.com/story/72120/bailout-is-bad-news-for-savers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 20 Oct 2009 12:17:08 CDThttp://www.newser.com/story/64866/tarp-watchdog-bailouts-may-cost-us-24t.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe special inspector overseeing Treasury’s TARP program says federal assistance to banks and other financial entities could end up costing taxpayers $23.7 trillion, Bloomberg reports. Aside from the $700 billion bailout, Neil Barofsky says in testimony prepared for told Congress tomorrow, other trillion-dollar federal programs could balloon. “TARP has...http://www.newser.com/story/64866/tarp-watchdog-bailouts-may-cost-us-24t.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 20 Jul 2009 15:41:02 CDThttp://www.newser.com/story/47450/geithner-overhauls-bailout-to-aid-homeowners-small-biz.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe incoming Treasury secretary, Tim Geithner, is conducting a top-to-bottom overhaul of the $700 billion financial rescue program passed by a skeptical Congress last fall. Geithner and other Obama advisers will expand the program to cover small businesses, municipalities, and even homeowners before asking Congress for the second tranche of...http://www.newser.com/story/47450/geithner-overhauls-bailout-to-aid-homeowners-small-biz.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 09 Jan 2009 6:08:12 CSThttp://www.newser.com/story/45989/ireland-buys-75-of-troubled-lender-in-banks-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIreland became the latest nation to partially nationalize struggling banks last night, buying 75% of the deeply troubled Anglo Irish Bank and bailing out others, reports the Financial Times . The bank, whose shares had already dropped 95% from bad mortgage debts, suffered a further blow last week when its CEO...http://www.newser.com/story/45989/ireland-buys-75-of-troubled-lender-in-banks-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 22 Dec 2008 4:33:12 CSThttp://www.newser.com/story/44770/us-may-take-big-stake-in-big-3.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAs a $15 billion auto industry rescue takes shape, the terms of the plan would give government a major stake in the Big Three and allow it to guide a bankruptcy-like restructuring process, the Wall Street Journal reports. Under the terms of draft legislation, the US could take shares worth...http://www.newser.com/story/44770/us-may-take-big-stake-in-big-3.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 09 Dec 2008 6:40:57 CSThttp://www.newser.com/story/43989/bailout-harks-back-to-fdr-with-more-risk.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWashington's latest $1 trillion injection into the economy echoes Depression-era and WWII revival plans, but with a dangerous twist, writes Jim Puzzanghera in the Los Angeles Times . Even if the bailouts succeed, the government's mountain of debt will likely bury the next generation in high interest rates and inflation. And...http://www.newser.com/story/43989/bailout-harks-back-to-fdr-with-more-risk.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSun, 30 Nov 2008 14:37:00 CSThttp://www.newser.com/story/43492/feds-ok-massive-20b-citigroup-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe US will bail out Citigroup with $20 billion in fresh capital and a guarantee to mop up $306 billion in toxic assets, the Wall Street Journal reports. The deal, announced late last night, marks a turning point in the financial crisis: In addition to injecting nearly $300 billion into...http://www.newser.com/story/43492/feds-ok-massive-20b-citigroup-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 24 Nov 2008 3:49:17 CSThttp://www.newser.com/story/39846/obama-plan-includes-freeze-on-foreclosures.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBarack Obama detailed an economic rescue plan today that includes incentives for job creation and a federal credit line for state and local governments, the Toledo Blade reports. Playing to voters in hard-hit Ohio as he preps for Wednesday's debate, Obama said, "I won’t pretend that this will be easy....http://www.newser.com/story/39846/obama-plan-includes-freeze-on-foreclosures.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 13 Oct 2008 15:49:02 CDThttp://www.newser.com/story/39602/us-must-save-global-economy-this-weekend.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSince the collapse of Lehman Brothers the financial crisis has gone from severe to terrifying, but the response of the United States and Europe has been "woefully inadequate," writes New York Times columnist Paul Krugman. We are now at a tipping point, and if world policymakers don't come up with...http://www.newser.com/story/39602/us-must-save-global-economy-this-weekend.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 10 Oct 2008 7:30:00 CDT