Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Inside Washington (04/25/2011)
* WASHINGTON (4/26/11)--The Treasury Department said in a report that the Public-Private Investment Program (PPIP), created in 2009 to allow the government and investment firms to buy assets from banks, earned about $1.7 billion in the first quarter (The Hill April 25). PPIP brought in about $523 million in cumulative equity distributions and around $1.2 billion in unrealized gains, according to Treasury. Public-private investment funds had withdrawn about $20.9 billion--or about 71%--of the $29.4 billion in debt and equity capital that had been committed to the program, according to the report. Treasury previously had announced PPIP’s 2010 fourth-quarter gains at $314 million in cumulative equity distributions and $1.08 billion in unrealized gains …


RSS print
News Now LiveWire
Stay tuned for coverage of @CUNA's BSA conference which starts Sunday. #CUNABSA #CUNACompliance
11 hours ago
Today's the last day to complete @CUNA's Home Depot data breach survey http://t.co/UcB8G9bVXe #StoptheDataBreaches
12 hours ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
13 hours ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
13 hours ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
14 hours ago