Geithner faces questions about bailout amid warnings of fraud. April 21, 2009— -- Testifying before Congress today, Treasury Secretary Timothy Geithner defended President Obama's bank bailout, ...

Fulton Financial has repurchased all 376,500 outstanding shares it issued to the U.S. Treasury as part of the federal TARP program. Fulton Financial voluntarily enrolled in the Treasury's Troubled ...

Two Florida men were sentenced to serve 84 months in federal prison for defrauding thousands of homeowners in a $4 million nationwide home loan modification scheme. Special Inspector General for the ...

The $700 billion bailout was known as TARP , the Troubled Assets Relief Program. It's gone from buying the troubled assets of banks to buying part of the banks themselves. On Capitol Hill today, ...

A report by Treasury watchdog group says bad assets are still on banks' books. Aug. 11, 2009— -- Signs abound that the worst of the recession is over: Stocks have been surging, the rate of job ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Business Bancshares Inc., which operates The Business Bank ...

NEW YORK - Citigroup, under pressure to increase its lending, says it will spend $36.5 billion to issue mortgages, make credit card loans and buy distressed assets in the tight credit markets in the ...

Regions Financial CEO Grayson Hall can see the light at the end of the TARP tunnel. His team announced Tuesday afternoon that the parent of Middle Tennessee's largest bank will sell $900 million of ...

It isn't often that the government launches a major program that achieves its main goals at a tiny fraction of its estimated costs. That's the story of TARP -- the Troubled Assets Relief Program.

It would make anybody's shortlist of the most unpopular legislation in recent memory: TARP. It stands for the Troubled Asset Relief Program. Signed into law in October 2008 by President George W. Bush ...