Analysis Topic: Companies Analysis
The analysis published under this topic are as follows.
Wednesday, January 07, 2015
Is Citi Bank the Next AIG? / Companies / Credit Crisis Bailouts
By: John_Rubino
Back in December there was a flurry of press around the passage of a banking bill that was 1) reportedly written by Citigroup and 2) put taxpayers on the hook for over-the-counter derivatives, obscure financial instruments that periodically blow up and in which Citi had a big position. Distrustful cynics like Massachusetts Senator Elizabeth Warren claimed to see a connection:
Friday, April 12, 2013
U.S. Taxpayers Could Profit from Fannie Mae Bailout / Companies / Credit Crisis Bailouts
By: Bloomberg
In his first TV interview since the company reported record profits, Fannie Mae CEO Tim Mayopoulos told Bloomberg TV's Peter Cook today that U.S. taxpayers could see a net gain from their bailout as the housing market rebounds. Mayopoulos said, "I do think, given the strength of our future profitability, that it is possible that we will be able to pay dividends that would be equal to or greater than the amount of money that we've received from the Treasury Department."
Saturday, March 02, 2013
Recapitalization Of International Banks / Companies / Credit Crisis Bailouts
By: Submissions
Mandeep Chadha writes: Cross Border Economic-Political Relations & Risk to International Banks Global economy is witnessing an integrated banking system is emerging with a small group of large across developed countries' banks the spanning respective national banking markets: As Garrett, Mahadeva and Sviridzenka noted. This raises the issue of the appropriate international level of body to monitor and manage financial stability. Financial stability is currently managed at respective national levels. In particular, the fiscal competence to deal with banking crises is a responsibility of national governments. However, the recent wave of recession starting in the western economy, as travelled and affected the global economy at large. The risk management is required to manage the recession and make the global economy turn back to the growth path.
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Wednesday, January 09, 2013
AIG Considering Suing Government Over Bankruptcy Saving Bailout / Companies / Credit Crisis Bailouts
By: Money_Morning
David Zeiler writes:
Just one month after American International Group Inc. (NYSE: AIG) paid back the last of its huge $182.3 billion U.S. taxpayer-funded rescue, the insurance giant is pondering whether to join a shareholder lawsuit charging the bailout terms were unfair.
Former AIG CEO Maurice Greenberg initially filed the lawsuit in 2011, claiming the 14% interest rate that the government charged, as well as the large size of its stake - 92% - were harmful to AIG shareholders.
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Tuesday, September 18, 2012
Is The Exodus of Wealth From Swiss Banks Accelerating? Massive Flight-of-Capital Acknowledged / Companies / Credit Crisis Bailouts
By: DK_Matai
Financial Privacy Wars
Swiss banks are now expecting withdrawals of hundreds of billions of Swiss francs according to the head of wealth management at UBS, Jürg Zeltner, as a result of steps to stop foreigners using secret accounts to evade taxes. Although a long time coming, this is entirely consistent with the extensive investigations carried out by the ATCA 5000 Research and Analysis Wing (A-RAW) and the mi2g Intelligence Unit (mIU) as well as the Socratic dialogue we have subsequently initiated at the highest level in regard to the flight-of-capital from Switzerland.
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Monday, September 17, 2012
Banks Are Already Setting Us Up for the Next Financial Crisis / Companies / Credit Crisis Bailouts
By: Money_Morning
Keith Fitz-Gerald writes:
Just five years after they played a primary role in engineering the worst financial crisis since the Great Depression, America's big banks are quietly setting the world up to do it all over again.
Only this go-round the costs will be far higher and the damage much worse. This time the fall could be $2.6 trillion or more.
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Friday, December 02, 2011
Credit Crisis Bailout Bandits: The Biggest Borrowers From the U.S. Federal Reserve / Companies / Credit Crisis Bailouts
By: Money_Morning
Money Morning staff reports writes:
The Eurozone debt crisis has replaced the U.S. financial crisis as the disaster du jour. But make no mistake: U.S. taxpayers will be paying the tab for the U.S. crisis for years.
That's evidently not true of the banking sector, however, whose massive financial-crisis windfall is just now coming to light.
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Thursday, January 27, 2011
U.S. Taxpayers Make $12.3 Billion Profit on Citigroup Bailout / Companies / Credit Crisis Bailouts
By: Money_Morning
Don Miller writes:
The U.S. Treasury on Monday will complete the sale of warrants of Citigroup Inc. (NYSE: C), allowing it to realize a $12.3 billion profit from its bailout of the banking giant.
The United States will record a net $312.2 million from the sale of its final 465.1 million warrants to purchase common shares of Citigroup, the Treasury Department said Wednesday. Last year, Treasury sold its 34% stake in Citigroup common shares.
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Friday, December 10, 2010
AIG to Borrow from Treasury as Part of Exit Plan / Companies / Credit Crisis Bailouts
By: Money_Morning
Don Miller writes:
The U.S. government and American International Group Inc. (NYSE: AIG) on Wednesday announced a deal to accelerate repayment of taxpayer dollars and clear the road for the company to reclaim its independence.
Terms of the arrangement, which were outlined in September, call for the company to borrow funds from the Treasury Department to repay the remainder of its debt owed to the Federal Reserve, leaving the Treasury holding the bulk of the beleaguered company's common stock.
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Thursday, December 02, 2010
Fed Data Shows Foreign Banks and Hedge Funds Huge Beneficiaries of Tax Payer Bailouts / Companies / Credit Crisis Bailouts
By: Washingtons_Blog
Fed Data Shows Foreign Banks Huge Beneficiaries of Emergency Lending Programs, Hedge Funds, McDonald’s, Harley-Davidson and Others Also Bailed Out
Under orders from Congress pursuant to the Dodd-Frank financial legislation, the Fed has finally released details of its emergency lending starting in 2007.
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Tuesday, February 02, 2010
AIG Bailout Cover-up Inside Story / Companies / Credit Crisis Bailouts
By: Money_Morning
Shah Gilani writes: Just last week, the House Committee on Oversight and Government Reform held a hearing on the U.S. Federal Reserve's decision to directly pay billions of dollars to banks as part of its scheme to bail out insurance giant American International Group Inc. (NYSE: AIG).
According to committee Chairman Dennis Kucinich, D-Ohio, the testimony that congressmen heard just didn't "pass the smell test."
Thursday, January 07, 2010
The Biggest Financial Deception and Scam of the Decade / Companies / Credit Crisis Bailouts
By: Jeff_Clark
Enron? Bear Stearns? Bernie Madoff? They're all big stories about big losses and have hurt a lot of employees and investors. But none come close to getting my vote for the decade's most dastardly deception...
First came Enron, with $65.5 billion in assets, going belly-up and becoming the largest bankruptcy in U.S. history at that time. Chairman Kenneth Lay said that Enron's decision to file bankruptcy would "stabilize the company," but over the next five years the company was completely liquidated. The stock went from a high of $84.63 in December 2000 to a whopping 26¢ one year later.
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Monday, December 14, 2009
Citigroup Selling Assets to Repay TARP / Companies / Credit Crisis Bailouts
By: Mike_Shedlock
Citigroup, the last of the major banks still stuck in TARP is looking is looking for an exit strategy. Supposedly a deal is near. Bloomberg is reporting Citigroup Said to Near Agreement on TARP Repayment.
Wednesday, December 02, 2009
RBS Bankster's Holding Labour Government to Ransom for £1.5 Billion / Companies / Credit Crisis Bailouts
By: Nadeem_Walayat
The Board of Directors of RBS Bank, which is 71% UK tax payer owned is using tax payer funds to pay for legal advice to ensure fellow bankster's receive a bonus this year amounting to at least £1.5 billion of tax payer monies as a further reward for failure.
Wednesday, November 25, 2009
Britains Bankrupt Banks Top Secret HBOS and RBS Loans Truth Revealed / Companies / Credit Crisis Bailouts
By: Nadeem_Walayat
The Bank of England let slip some truth after a year of basically keeping silent on the extent of the behind the scenes actions to prevent the bankruptcy of HBOS and RBS as evidenced by the Top Secret £61.6 billion loans made during October last year.
Wednesday, October 28, 2009
US Ponzi Scheme Economy Continues with a New Bailout of GMAC / Companies / Credit Crisis Bailouts
By: Trader_Mark
The Wall Street Journal reports of a new round of bailouts for GMAC. If you are not familiar on how the full Ponzi scheme economy is working, I touched on this in a June piece (this was well before Cash for Clunkers) - let's review.
Monday, October 19, 2009
Goldman Sachs Earnings and Bonuses, Where's the Outrage? / Companies / Credit Crisis Bailouts
By: Mike_Shedlock
The number of articles and opinions on Goldman Sachs earnings, bonuses, and influence pedaling over the past several days is quite stunning.
Many have pointed out the problems; few have expressed outrage over what is happening in general, not just at Goldman Sachs. Let's take a look.
Friday, August 07, 2009
RBS Produces Loose Change Profit as Tax Payers Finance Bankster Profits / Companies / Credit Crisis Bailouts
By: Nadeem_Walayat
RBS announces a inconsequential profit of £15 million, the market expectation was for £1 billion on the back of an artificial banking system that is heavily supported by the Tax payers, and when I mean heavily I mean to the tune of £1.5 trillion and growing ! RBS itself is now 70% owned by the Tax Payers whether they like it or not.
Tuesday, August 04, 2009
Northern Rock, Tax Payer Bailed Out Bankrupt Bank Adds 750Million More Losses / Companies / Credit Crisis Bailouts
By: Nadeem_Walayat
Today Northern Rock, the first of a series of tax payer bailed out bankrupt banks announced a further loss of £750 million to be added to the tab picked up by the tax payer that is now approaching in total £1.5 trillion across the banking sector and destined to continue expanding to an eye watering £2 trillion or near 200% of GDP by the end of this year as I originally estimated back in November 08.
Wednesday, June 17, 2009
How to Profit From TARP / Companies / Credit Crisis Bailouts
By: Money_Morning
Martin Hutchinson writes: A total of 10 U.S. banks have now repaid the preference share investments in them made by the U.S. Treasury Department’s Troubled Assets Relief Program (TARP), thus demonstrating that the government thinks they are sound. A number of others have yet to pay back that federal infusion.