Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Inside Washington (01/05/2009)
* WASHINGTON (1/6/09)--The Treasury Friday released the program description for the Targeted Investment Program as required by the Emergency Economic Stabilization Act. The department has already invested $20 billion in Citigroup under the program (Forbes Jan. 2). The objective of the program is to foster financial market stability. Financial institutions will be considered for participation on a case-by-case basis. There is no deadline for participation ... * WASHINGTON (1/6/09)--On Friday, the Treasury released a report stating that it is exploring the use of the Asset Guarantee Program (AGP) to help Citigroup. The Treasury and Citigroup announced Nov. 23 that the Treasury would assume second-loss position after Citigroup on some mortgage-related assets. Under the AGP, the Treasury would assume a loss position on selected assets. It also would collect a premium. Participants’ eligibility would be determined on a case-by-case basis ...


RSS





print
News Now LiveWire
Construction spending drops in January, according to @CommerceGov http://t.co/W9J1mDyF8X #Market #NewsNow
11 hours ago
During Nat'l Consumer Protection Week, @TheNCUA reminds #CU members of agency resources re: rights as consumers. http://t.co/aYgW1HoDmF
12 hours ago
.@TransUnion: #millennials climbing into driver's seat with loans http://t.co/S4H9OIB3Av
13 hours ago
Breaking at #NewsNow: @CUNA backed bill introduced by @RepEdRoyce @GregoryMeeks would raise MBL cap. #CUSmallBiz http://t.co/ZDAb2UMoQz
15 hours ago
Loan growth at federally insured #creditunions in 2014 climbed to highest level since 2005, @TheNCUA reported today. Watch News Now Tues.
15 hours ago