Posts Tagged ‘treasury-department’

New Treasury Rules Ease Purchase of Annuity With 401(k)

Friday, February 3rd, 2012

New regulations are intended to make it easier for retirees to transfer money from their 401(k)s into an annuity that would guarantee payments until they die.

See the rest here:
New Treasury Rules Ease Purchase of Annuity With 401(k)

Greenberg Sues U.S. Over A.I.G. Takeover

Monday, November 21st, 2011

Maurice R. Greenberg, the former chief of A.I.G., contends that the takeover of the insurer in the fall of 2008 was improper and that the Fed breached its duty to A.I.G. shareholders.

Read the original here:
Greenberg Sues U.S. Over A.I.G. Takeover

United States and Allies Expand Sanctions on Iran

Monday, November 21st, 2011

The United States and its allies on Monday targeted Iran’s central bank and petrochemical industry with new sanctions as they are seeking to tighten the vise on Tehran’s nuclear activities.

Read more here:
United States and Allies Expand Sanctions on Iran

U.S. Seeks Ideas on Renting Out Foreclosed Property

Thursday, August 11th, 2011

The Obama administration wants to turn properties into rentals to be sold in bulk or managed by someone else.

More here:
U.S. Seeks Ideas on Renting Out Foreclosed Property

Debt Ceiling Has Some Give, Until Roof Falls In

Thursday, May 5th, 2011

Short-term measures may let the government keep paying its bills as late as Aug. 2, but the eventual cost could be vast and the damage difficult to reverse.

See the original post:
Debt Ceiling Has Some Give, Until Roof Falls In

Treasury Makes Plans to Live Under a Debt Ceiling

Monday, May 2nd, 2011

The department will initiate emergency measures to keep governmental borrowing under the maximum allowed.

Read more here:
Treasury Makes Plans to Live Under a Debt Ceiling

Fair Game: TARP’s Watchdog: A Tough Act to Follow

Saturday, March 19th, 2011

Neil Barofsky, who will soon step down as TARP’s special inspector general, is a voice against bank-friendly deals.

See the article here:
Fair Game: TARP’s Watchdog: A Tough Act to Follow

U.S. to Reap $12.3B Profit on Citi Bailout

Thursday, January 27th, 2011

The U.S. Treasury Department said Wednesday that it will post a $12.3 billion profit on its much-maligned bailout of Citigroup. The Troubled Asset Relief Program, or TARP, is expected to close Monday on the sale of the Citigroup warrants, the promised…

See the original post:
U.S. to Reap $12.3B Profit on Citi Bailout

DealBook: A.I.G. Repays Fed Debt and Looks Toward Big Stock Sale

Friday, January 14th, 2011

A.I.G. paid off its obligations to the New York Fed, paving the way for the insurer and the Treasury Department to plan for a massive sale of stock this spring.

Read more:
DealBook: A.I.G. Repays Fed Debt and Looks Toward Big Stock Sale

Economists See Signs of Stronger Recovery

Thursday, December 23rd, 2010

The tax-cut compromise, rising corporate profits and an increase in consumer spending are some of the reasons for optimism.

Read the original:
Economists See Signs of Stronger Recovery

U.S. Approved Business With Blacklisted Nations

Thursday, December 23rd, 2010

A little-known office of the Treasury Department has permitted American companies to do billions of dollars in business with Iran and other countries blacklisted as state sponsors of terrorism.

See the article here:
U.S. Approved Business With Blacklisted Nations

DealBook: A.I.G. Plans Big Sale of Treasury Shares

Wednesday, December 8th, 2010

The Treasury Department may sell one-fifth or more of its stake in the bailed-out insurer, as it begins unwinding its massive holdings in A.I.G.

Here is the original post:
DealBook: A.I.G. Plans Big Sale of Treasury Shares

DealBook: Treasury to Sell Last of Citi Stake

Monday, December 6th, 2010

The sale of 2.4 billion shares of Citigroup was encouraged by the success of the General Motors I.P.O.

See the article here:
DealBook: Treasury to Sell Last of Citi Stake

Fed Adopts Political Tactics on Critics

Tuesday, November 23rd, 2010

Facing a hyperpartisan environment, the central bank is trying to defend its policy moves without becoming overtly political, and is adopting insider strategies to do so.

See the original post:
Fed Adopts Political Tactics on Critics

Democrats Divided on Tax Cut Strategy

Saturday, November 6th, 2010

The Obama administration and Congressional Democrats are struggling for a strategy to deal with the soon-to-expire Bush-era tax cuts.

See the original post:
Democrats Divided on Tax Cut Strategy