Posts Tagged ‘TARP payments’

Mandelman U. Presents: There’s Credit Default Swaps & then there’s Credit Default Swaps

Mandelman U. Presents: There’s Credit Default Swaps & then there's Credit Default Swaps

Seventy percent of the U.S. economy is driven by consumer spending, which has been driven by borrowing over the last ten years. Even if we wanted to do so, we can’t borrow our way back to prosperity this time... (Continue reading)

Banks Obviously in Trouble, 91 Banks Missed May Payments to Treasury

Banks Obviously in Trouble, 91 Banks Missed May Payments to Treasury

In some cases, banks are attempting to renegotiate or modify their loans. For example, Midwest Banc Holdings offered to swap $84.8 million in preferred shares issued under the TARP program for $15.5 million in common shares, but that would... (Continue reading)


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