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 Public-private investment funds had withdrawn about $20.9 billion--or about 71%--of the $29.4 billion in debt and equity capital that had been committed to the program, according to the report.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
.@CUNAMutualGroup Klewin shares final thoughts, forecast on lending regulations with @cumagazine before retiring http://t.co/v78QY3QwqB
2 hours ago
Current @CUNA COO @JillTomalin promoted to deputy chief of staff
3 hours ago
#CU Effect:@ChartwayFCU 'branch of the future' 2 benefit members, staff. 2nd installment of new News Now series here:http://t.co/ImBY4nupEj
3 hours ago
U.K. regulators have given formal authorization for the @c_of_e to form a #creditunion.
4 hours ago
#BREAKING: Fed remaining 'patient' on rate-hike decision, keeps 'considerable time' in policy statement #Market http://t.co/XykelROtcA
4 hours ago