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27 Oct 2008, 8:14 am
  The proposed rule describes how Treasury would initially estimate whether the $100 billion cap for insured losses is exceeded, and the prorata percentage of insured losses to be paid, based on: Estimates of insured losses from insurance industry statistical organizations; Data calls issued by the Treasury Department; Expected reliability and accuracy of insured loss estimates and likelihood that insured loss estimates could increase; Estimates of insured losses… [read post]
18 Oct 2008, 5:54 pm
In the wake of intense pressure in the global credit markets and continued turmoil in the stock markets, the US Treasury Department, in coordination with other G-7 governments, recently expanded its plan to restore confidence in the US banking system. [read post]
17 Oct 2008, 4:22 pm
Kashkari, Assistant Treasury Secretary for Financial Stability. [read post]
15 Oct 2008, 2:11 pm
Treasury Secretary Robert Rubin was formerly with Goldman Sachs.3. [read post]
15 Oct 2008, 11:55 am by Sue McAllister
a2a_linkname="Give the Treasury Department some advice on “troubled assets”";a2a_linkurl="http://blogs.mercurynews.com/realestate/2008/10/15/give-the-treasury-department-some-advice-on-troubled-assets/"; [read post]
14 Oct 2008, 10:17 am
Treasury Secretary Henry Paulson told these bank CEOs they had to accept the government stock purchases to help make the US economy better. [read post]
13 Oct 2008, 10:54 pm
Interim Assistant Secretary for Financial Stability Neel Kashkari Remarks before the Institute of International Bankers, October 13, 2008 "On Friday... [read post]
13 Oct 2008, 10:39 pm
When Secretary Paulson proposed his original financial rescue plan it included nothing for homeowners. [read post]
11 Oct 2008, 10:50 pm
Baumbast v Secretary of State for the Home Department, Case C-413/99, [2002] ECR I-07091 was raised. [read post]
10 Oct 2008, 10:24 pm
Fish and Wildlife Service Letter to Shareholders From AIG Chairman and CEO Edward Liddy (PDF 156 KB) Letter Regarding the Sale of Stock to the Federal Reserve Bank Remarks Delivered by World Bank Group President Robert Zoellick Remarks as Prepared for Delivery at the Opening of the Annual Meetings on Oct. 9, 2008 Letter to Secretary of the Treasury Henry Paulson From AIG Chairman and Chief Executive Officer Edward Liddy (PDF 48 KB) Letter Seeks to Explain a Trip Made to a… [read post]
9 Oct 2008, 9:58 am
The TARP will be implemented through a new Office of Financial Stability within the Department of Treasury. [read post]
9 Oct 2008, 3:45 am
A comment: this is why congressmen give up their jobs to run the DEA or the Department of Transportation. [read post]
7 Oct 2008, 12:20 pm
Neel Kashkari has been named the interim head of the new Office of Financial Stability within the United States Department of Treasury. [read post]
5 Oct 2008, 3:14 pm
In this memorandum, a team composed of experts in my firm’s financial institutions, corporate governance, real estate, capital markets, executive compensation, hedge fund, private equity, asset management, white collar defense and litigation departments discusses our collective view on the likely interpretation of the Emergency Economic Stabilization Act's most important provisions, the key ambiguities and questions that will have to be resolved by the Treasury… [read post]
29 Sep 2008, 2:10 am
  The Board is comprised of the Chairman of the Board of Governors of the Federal Reserve System, the Secretary of the Treasury, the Director of the Federal Home Finance Agency, the Chairman of the Securities and Exchange Commission and the Secretary of the Department of Housing and Urban Development. [read post]
29 Sep 2008, 1:57 am
  At 110 pages, the current draft is significantly more voluminous than the initial three page draft Treasury Secretary Henry Paulson initially introduced last weekend. [read post]
29 Sep 2008, 12:53 am
The new law directs the Treasury Department to coordinate with out government agencies to identify opportunities for the acquisition of classes of troubled assets that will improve the ability of the Secretary to improve the loan modification and restructuring process and to permit bona fide tenants to remain in their homes under the terms of their leases. [read post]
29 Sep 2008, 12:28 am
The plan directs the Treasury Department to engage in reasonable modifications for residential mortgage loans it controls and to encourage servicers to do so for loans it doesn't control. [read post]