Treasury provides $15B from bailout pot to 7 banks - WTOP Radio
WASHINGTON (AP) - The government said Monday it had supplied another $15 billion to seven banks in the latest round of payments from the $700 billion rescue fund. The Treasury Department said the biggest payment in the new round totaled $7.58 billion ...

Auto industry girds for chilling Dec. sales report - Associated Press
NEW YORK (AP) -- The good news for the auto industry in December came when General Motors and Chrysler got their federal bailout. The bad news is coming Monday, when automakers are expected to report another month of staggering sales declines. Many ...

Chrysler sales plunge 53 pct; GM, Ford, Toyota, Honda, Nissan post ... - Chicago Tribune
But Bragman said the sales drops are not unique to the U.S.-based automakers and encompass the entire domestic market. Toyota said it sold 141,949 vehicles in December, down from 224,399 a year earlier. Sales of the Prius hybrid dropped 45 percent as ...

Obama says his plan with tax cuts to get quick OK - The State
WASHINGTON -- President-elect Barack Obama plunged into rare pre-inaugural crisis talks with congressional leaders Monday, declaring the national economy was "bad and getting worse" and embracing tax cuts now expected to reach $300 billion. He ...

A tale of two housing market bubbles - Financial Times
For most of the 1990s, the euro was the big political question for both Spain and the UK. In Britain, the question was whether to join, while in Spain the concern was whether its economy was robust enough to qualify for membership. As the credit ...

Hospital bailout vote, and deadline, is Tuesday - Atlanta Journal Constitution
The Clayton County Commission will vote again Tuesday on a $40 million bailout for the Southern Regional Health System. This is the Riverdale’s hospital last chance to receive financial assistance or risk massive cuts — or possibly closing ...

Treasury provides $15B from bailout pot to 7 banks - PR Inside
WASHINGTON (AP) - The government said Monday it had supplied another $15 billion to seven U.S. banks in the latest round of payments from the $700 billion rescue fund. The Treasury Department said the biggest payment in the new round totaled $7.58 ...

Auto bailout funds will 'keep lights on' rather than retool factories ... - News1130.com
TORONTO - Billions of taxpayer dollars aimed at bailing out struggling automakers will more likely be used to "keep the lights on" rather than directly transform the companies into more innovative businesses, Ontario Premier Dalton McGuinty ...

Beggars’ Bailout: Student Loans are a Banking Bonanza - New University Newspaper
Claiborne Pell, the former senator who helped create government loans for students to go to college, died on Thursday at age 90. His vision of affordable education for all, however, didn’t last quite as long. Private loans with hidden fees, little ...

TREASURIES-Fall in Asia on supply concerns - FXStreet.com
TOKYO, Jan 6 (Reuters) - U.S. Treasuries fell in Asia on Tuesday, adding to their slides the previous day on concerns about swelling government borrowing to finance the economic bailout. Treasuries were also hurt by hopes that a massive stimulus ...