The Treasury Department will auction off some of the stock warrants it received in exchange for bailout assistance. Over the next month, Treasury will use a "modified Dutch auction" system to unload it warrant positions in JP Morgan Chase & Co., Capital One Financial Corp., and TCF Finan ... Read more

Although Congress imposed certain compensation restrictions on financial institutions that got government aid through the Troubled Asset Relief Program, it left other options available to reward top executives for their service. A case in point is  Lincoln National Corp. , which took advantage ... Read more

Two more banks redeemed stock given to the government in exchange for bailout assistance, while an insurance company declared it would soon follow suit. California-based Westamerica Bancorporation said it had completed the repayment of $83.7 million it received under the Troubled Asset Relief ... Read more

Three additional banks have won approval to join the federal government's bailout program, according to the Treasury Department's recently released update of participating institutions. Indiana-based Fidelity Federal Bancorp received $6.6 ... Read the full post ... Read more

Three additional banks have won approval to join the federal government's bailout program, according to the Treasury Department's recently released update of participating institutions. Indiana-based Fidelity Federal Bancorp received $6.6 million in assistance, in exchange for which it gave T ... Read more

Three additional banks have won approval to join the federal government's bailout program, according to the Treasury Department's recently released update of participating institutions. Indiana-based Fidelity Federal Bancorp received $6.6 million in assistance, in exchange for which it gave T ... Read more

The Federal Reserve Bank of New York failed to exercise existing powers to force the American International Group Inc.'s creditors to accept losses as the insurance giant threatened to collapse last year, according to a new oversight report . Neil M. Barofsky, the inspector general for the Tr ... Read more

General Motors will begin repaying bailout funding five years earlier than required, the company announced today. The automaker said it ended the third quarter with $42.6 billion in cash on hand and would make a $1 billion payment to the Treasury Department in December. It said it would make si ... Read more

The federal bailout of the nation's financial sector will "almost certainly" result in a loss for taxpayers, the inspector general overseeing the program said yesterday. "We need to temper or be realistic about our expectations, a dollar-for-dollar return is just highly unrealistic," Neil M. ... Read more

A Tennessee bank is the first this month to receive bailout assistance, as the government's program to stabilize the financial industry continues to slow to a crawl. F & M Bancshares Inc. has received $3.5 million in assistance, the Treasury Department announced . The bank provided an equ ... Read more