Troubled Asset Relief Program

Entity type image
Type: Keyphrase
Name: Troubled Asset Relief Program
First reported May 17 2013 - Updated 23 hours ago - 1 reports

GM stock tops 2010 IPO price

3:16pm BSTDETROIT, May 17 (Reuters) - General Motors Co shares on Friday topped their 2010 initial public offering price, which will help the automaker's largest shareholder, the U.S. Treasury, pare its losses.GM shares broke above $33.00, the price in ... [Published Reuters UK - May 17 2013]
First reported May 18 2013 - Updated May 18 2013 - 1 reports

Central Virginia Bank open to all strategic alternatives

Central Virginia Bankshares Inc., parent company for Central Virginia Bank, said it is open to all strategic alternatives as it struggles to deal with payments related to its participation in the government's Troubled Asset Relief Program.That could mean ... [Published Individual.com - May 18 2013]
First reported May 18 2013 - Updated May 18 2013 - 1 reports

Former top cop of TARP calls for break-up of banks

* Bailout official Barofsky says 'too big to fail' still exists.MIKE KARAS/STAFF PHOTOGRAPHER Neil Barofsky speaking at a lecture hosted by North Jersey Public Policy Network at Ramapo High School. Neil Barofsky, the feisty former prosecutor of Colombian ... [Published North Jersey.com - May 18 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Nick Decosimo to join FSG Bank board

Joseph “Nick” D. Decosimo, managing principal of the Chattanooga accounting firm of Joseph Decosimo and Co., will join the board of the recently recapitalized First Security Group, Inc., pending regulatory approval.Decosimo will replace Robert “Bob” P. ... [Published North Georgia Times Free Press - May 17 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

NewBridge Bancorp pays $7.78 million to end government involvement

Richard Craver/Winston-Salem Journal Winston-Salem JournalGREENSBORO — NewBridge Bancorp said Wednesday that it spent $7.78 million to the U.S. Treasury to end the government’s financial involvement in the bank.The bank issued a warrant to Treasury in ... [Published Winston-Salem Journal - May 17 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Frost Bros. say, 'Economy to pick up in 2014'

Entrepreneur Gary Johnston held his annual Bandera County Economic Development Summit XII on Friday, May 10 for, as he put it, "local movers and shakers, people who make things happen in this community - or not, as the case may be.Making their biennial ... [Published Bandera County Courier - May 17 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Buttonwood: Caveat voter

ALMOST six years have elapsed since the start of the financial crisis. Yet the tensions between economic (and financial) efficiency and democratic accountability are still unresolved.Caveat voterThese tensions first appeared in the autumn of 2008 when ... [Published The Economist - May 16 2013]
First reported May 15 2013 - Updated May 16 2013 - 2 reports

NEWBRIDGE BANCORP: Announces the Repurchase of the Warrant from Treasury

GREENSBORO, N.C. - NewBridge Bancorp (NASDAQ: NBBC) today announced that it has completed the repurchase of the warrant (the "Warrant) to purchase 2,567,255 shares of the company's common stock that was issued to the United States Department of the Treasury ... [Published 4 Traders - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

‘They threatened me when I questioned the banks’

The financial news is getting boring. The Dow goes only one way - up. Gold, however, fell below $1,400 yesterday.Rather than try to figure it out, yesterday evening we drove down to Zombietown. A friend in Washington promised to introduce us to Neil Barofsky, ... [Published Money Week - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 2 reports

Big Bank Phobia: Not Too Big to Fail

While most banks big and small have repaid bailout funds received through the Troubled Assets Relief Program, or TARP, and the bailout has turned a tidy profit for the federal government, it would be best to avoid another bailout. Dodd-Frank is nowhere ... [Published McPherson Sentinel - May 16 2013]
First reported May 15 2013 - Updated May 16 2013 - 3 reports

Two Found Guilty in Online Foreclosure Rescue Scam

The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) announced that Mark S. Farhood, formerly of San Diego, Calif., and Jason S. Sant of Lecanto, Fla., pleaded guilty to conspiracy charges in connection with their ... [Published National Mortgage Professional Magazine - May 16 2013]
First reported May 12 2013 - Updated May 12 2013 - 1 reports

On the House: Too many defaults on modified mortgages

sidering the hoops that too many borrowers have to go through to obtain mortgage modifications, the news from the Treasury Department wasn't encouraging.In an April 24 report to Congress, the Office of the Special Inspector General for the Troubled Asset ... [Published Philadelphia Inquirer - May 12 2013]

Quotes

...be limited or nonexistent for banks with our profile, and raising additional capital to help with our TARP situation has not been viable," he said. "Therefore, we continue to evaluate and pursue all of our strategic alternatives."
"The Wall Street lobbying machine is revved back up and hitting on all cylinders once again," he said. "We are now looking at bipartisan efforts in Congress to weaken the already watered-down provisions of recent regulatory reform."
"Hancock Bank and Whitney Bank have deep roots in the hometowns the banks serve," said the statement from Hancock. "Both banks remain firmly committed to creating opportunities for people and communities across the region and to helping individuals, businesses, and non-profit organizations achieve success."
A GM spokesman played down the milestone. "Our sights are set further down the road than a single day's closing price" he said

More Content

All (391) | News (284) | Reports (1) | Blogs (86) | Audio/Video (1) | Fact Sheets (1) | Press Releases (14)
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Central Virginia Bank open to all strategic alt... [Published Individual.com - May 18 2013]
Former top cop of TARP calls for break-up of banks [Published North Jersey.com - May 18 2013]
Dozens of Whitney and Hancock bank branches are... [Published NOLA Live - May 18 2013]
GENERAL MOTORS COMPANY: GM Shares Roar Back to ... [Published 4 Traders - May 17 2013]
GM stock tops 2010 IPO price [Published Reuters UK - May 17 2013]
Nick Decosimo to join FSG Bank board [Published North Georgia Times Free Press - May 17 2013]
NewBridge Bancorp pays $7.78 million to end gov... [Published Winston-Salem Journal - May 17 2013]
Frost Bros. say, 'Economy to pick up in 2014' [Published Bandera County Courier - May 17 2013]
Buttonwood: Caveat voter [Published The Economist - May 16 2013]
S&P Puts Ally on Watch for Upgrade After ResCap... [Published 4 Traders - May 16 2013]
S&P Puts Ally on Watch for Upgrade After ResCap... [Published Capital.gr - May 16 2013]
NEWBRIDGE BANCORP: Announces the Repurchase of ... [Published 4 Traders - May 16 2013]
‘They threatened me when I questioned the banks’ [Published Money Week - May 16 2013]
Big Bank Phobia: Not Too Big to Fail [Published McPherson Sentinel - May 16 2013]
Big Bank Phobia: Not Too Big to Fail [Published Daily Freeman - May 16 2013]
Big Bank Phobia: Not Too Big to Fail [Published TheStreet.com - May 16 2013]
Can Anyone Really Manage JP Morgan? [Published BusinessWeek - May 16 2013]
Two Found Guilty in Online Foreclosure Rescue Scam [Published National Mortgage Professional Magazine - May 16 2013]
USA - Bankers are get above their station again [Published Meat Trade News Daily - May 16 2013]
NewBridge Bancorp Announces the Repurchase of t... [Published Street Insider - May 15 2013]
Two Plead Guilty for Roles in Foreclosure Rescu... [Published DSNews.com - May 15 2013]
Florida man pleads guilty for taking people’s h... [Published Palm Beach Interactive - May 15 2013]
Synovus Makes Strategic Acquisition Zacks [Published Yahoo! Finance - May 13 2013]
Kenney seeks to remove city deposits from Wells... [Published Philadelphia Business Journal - May 13 2013]
Will the Dodd-Frank law save or stifle capitali... [Published Oregonian - May 13 2013]
On the House: Too many defaults on modified mor... [Published Philadelphia Inquirer - May 12 2013]
Banking on growth — Bank navigates meltdown to ... [Published Marietta Daily Journal - May 12 2013]
Riding Ben’s wave [Published New York Post - May 12 2013]
Are your mortgage modification terms worth cont... [Published Los Angeles Times - May 11 2013]
Two Perpetrators of Nationwide Foreclosure Resc... [Published Zecco - May 10 2013]
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Blogs

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TARP Payback Scorecard [Published EquityJungle - v0.1 - May 10 2013]
Following the financial crisis of 2008, the U.S. Treasury was authorized to commit up to $700 billion to a Troubled Asset Relief ProgramTARP — in an effort to stop the bleeding in the... ...
TARP Payback Scorecard [Published EquityJungle - v0.1 - May 10 2013]
Following the financial crisis of 2008, the U.S. Treasury was authorized to commit up to $700 billion to a Troubled Asset Relief ProgramTARP — in an effort to stop the bleeding in the... ...
TARP Payback Scorecard [Published 24/7 Wall St. - May 10 2013]
Following the financial crisis of 2008, the U.S. Treasury was authorized to commit up to $700 billion to a Troubled Asset Relief ProgramTARP — in an effort to stop the bleeding in the... ...
What’s a Wall Street Executive’s Wins Produced? [Published Freakonomics - May 10 2013]
(Photo: Keith Allison) LeBron James was recently given his 4th Most Valuable Player award by 120 sportswriters.  Well, at least 119 sportswriters agreed LeBron was MVP.  Gary Washburn – of the Boston Globe – thought Carmelo Anthony was the ...
Wonkbook: ‘Simply opposing immigration reform s... [Published Ezra Klein - May 10 2013]
Welcome to Wonkbook, Ezra Klein and Evan Soltas’s morning policy news primer. To subscribe by e-mail, click  here . Send comments, criticism, or ideas to Wonkbook at Gmail dot com. To read more by Ezra and his team, go to  Wonkblog . (Photo by Win ...
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Audio/Video

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TARP Whistleblower: Bailouts band-aid over brok... [Published Russia Today - YouTube - Mar 10 2013]
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Press Releases

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Firstbank Corporation Announces Planned Redempt... [Published GlobeNewswire: Acquisitions News - May 07 2013]
NewBridge Bancorp Reports on Treasury Auction o... [Published EON Business - May 02 2013]
NewBridge Bancorp Reports on Treasury Auction o... [Published Business Wire Professional Services News - May 02 2013]
First Defiance Financial Corp. Shareholders Re-... [Published Business Wire - Apr 24 2013]
SCVBank Reports Upcoming TARP Auction [Published EON Business - Feb 25 2013]
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