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Highlights

A collection of news and information related to Federal Bailout Funds published by this site and its partners.

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    Jun 11, 2013 |Story| Hartford Courant

  1. Ed Page On Facebook: Should Congress Have To Find Cuts In Spending Before Sending Disaster Aid To Oklahoma?

    Bill Cink: That depends, will it be like superstorm Sandy relief where they tacked on all kinds of pork like money for fisheries in Alaska? Mark Pappa: Act quickly without the pork barrel nonsense associated with passing such legislation a la Sandy aid....

    Tags: Patient Protection and Affordable Care Act, Republican Party, James Inhofe, Aquaculture, Consumer Confidence

    2. May 28, 2013 |Story| Petoskey News

  2. Much of Red Cross fund for Sandy aid still unspent

    NEW YORK (AP) — Seven months after Superstorm Sandy, the Red Cross still hasn't spent more than a third of the $303 million it raised to assist victims of the storm, a strategy the organization says will help address needs that weren't immediately apparent in the disaster's wake.
    NEW YORK (AP) — Seven months after Superstorm Sandy, the Red Cross still hasn't spent more than a third of the $303 million it raised to assist victims of the storm, a strategy the organization says will help address needs that weren't immediately...

    Tags: Robin Hood Foundation, Education, City University of New York, Haiti Earthquake (2010), Conservation

    3. May 9, 2013 |Story| Los Angeles Times

  3. Fannie Mae to pay U.S. $59.4 billion after record quarterly profit

    WASHINGTON -- Bailed-out housing finance giant Fannie Mae said Thursday it would pay the U.S. government $59.4 billion after posting a record profit for the first three months of the year.
    WASHINGTON -- Bailed-out housing finance giant Fannie Mae said Thursday it would pay the U.S. government $59.4 billion after posting a record profit for the first three months of the year. The fortunes of the company, which is 80% owned by taxpayers...

    Tags: Financial and Business Services, Freddie Mac, Fannie Mae, Finance, Economy, Business and Finance

    4. Apr 22, 2013 |Story| Los Angeles Times

  4. Keep Your Home California relief still slow but picking up steam

    A federal foreclosure-prevention effort that earmarked nearly $2 billion to help troubled California homeowners has delivered only about one-sixth of those funds during its three years in existence. The pace of assistance is finally accelerating,...

    Tags: Bank of America Corp., Financial and Business Services, Freddie Mac, Fannie Mae, Finance

    5. Apr 2, 2013 |Story| Los Angeles Times

  5. Rescued Fannie Mae posts record profit as housing market rebounds

    WASHINGTON -- Bailed-out Fannie Mae on Tuesday reported a record $17.2 billion profit for 2012, driven by the housing-market recovery and a big settlement with Bank of America related to soured mortgages during the subprime boom.
    WASHINGTON -- Bailed-out Fannie Mae on Tuesday reported a record $17.2 billion profit for 2012, driven by the housing-market recovery and a big settlement with Bank of America related to soured mortgages during the subprime boom. The housing finance...

    Tags: Bank of America Corp., Freddie Mac, Fannie Mae, Finance, Countrywide Financial Corp.

    6. Mar 27, 2013 |Story| Los Angeles Times

  6. Message to Russian oligarchs: Your money's just as safe at home

    It’s been a rough week for Russian oligarchs, with the apparent suicide of exiled Kremlin critic Boris Berezovsky as well as a Eurozone rescue of Cyprus expected to come largely at the expense of Russian high rollers who stashed their wealth in the island’s now insolvent banks.
    It’s been a rough week for Russian oligarchs, with the apparent suicide of exiled Kremlin critic Boris Berezovsky as well as a Eurozone rescue of Cyprus expected to come largely at the expense of Russian high rollers who stashed their wealth in...

    Tags: Vladimir Putin, Cyprus, Real Estate Sellers, Same-Sex Marriage, Russia

    7. Mar 22, 2013 |Story| Los Angeles Times

  7. Cyprus scrambles to put together bailout package

    ATHENS -- Racing against time and short on choices, Cyprus on Friday moved to vote on yet another bailout formula its government cobbled together to secure a $13-billion international lifeline that will keep its weak banks afloat and avert a devastating default.
    ATHENS -- Racing against time and short on choices, Cyprus on Friday moved to vote on yet another bailout formula its government cobbled together to secure a $13-billion international lifeline that will keep its weak banks afloat and avert a devastating...

    Tags: Cyprus, Russia, Christianity, Parliament, Central Bank

    8. Mar 20, 2013 |Column| Orlando Sentinel

  8. The Cyprus confusion

    WASHINGTON -- Logically, what happens in Cyprus should stay in Cyprus. With a population of just over 1 million and an economy that's a mere 0.2 percent of the 17-nation eurozone, the country seems too small to matter on the world stage. Yet, that's where...

    Tags: Angela Merkel, Financial Markets, Cyprus, Gross Domestic Product, Economic Indicator

    9. Mar 17, 2013 |Story| Los Angeles Times

  9. Cyprus postpones vote on controversial bailout package

    ATHENS – Cyprus’ parliament has pushed back debate of a controversial bailout that would force savers to pay a levy of up to nearly 10% on bank deposits in exchange for a $13-billion international aid package to avert a chaotic government default.
    ATHENS – Cyprus’ parliament has pushed back debate of a controversial bailout that would force savers to pay a levy of up to nearly 10% on bank deposits in exchange for a $13-billion international aid package to avert a chaotic government...

    Tags: Politics, International Monetary Fund, Big 3 Auto Bailout (2008), Elections, Cyprus

    10. Feb 25, 2013 |Story| Los Angeles Times

  10. Treasury starts selling remaining General Motors stock

    WASHINGTON -- The Treasury Department has begun selling the rest of its stake in General Motors Co. as the government tries to end its bailout of the automaker in a little more than a year.
    WASHINGTON -- The Treasury Department has begun selling the rest of its stake in General Motors Co. as the government tries to end its bailout of the automaker in a little more than a year. Last month, the Treasury sold about $156.4 million worth of its...

    Tags: General Motors Corp., Automotive Equipment, U.S. Department of the Treasury, Manufacturing and Engineering

    11. Feb 10, 2013 |Story| Herald Mail

  11. Public-private partnerships have risks

    Those enamored with the idea of public-private partnerships, such as the one being discussed for the Washington County Economic Development Commission, might pay close attention to the county’s ultimate public-private partnership: The one it shares with the county’s 27 — now 26 — emergency service departments.
    Those enamored with the idea of public-private partnerships, such as the one being discussed for the Washington County Economic Development Commission, might pay close attention to the county’s ultimate public-private partnership: The one it...

    Tags: Company Privatization

    12. Jan 24, 2013 |Story| Daily American

  12. Somerset County municipalities learn how to apply for disaster relief funds

    Daily American Staff Writer
      Although Hurricane Sandy's devastation was mild in Somerset County compared with the storm-ravaged Eastern Seaboard, federal assistance appears to be on the way for several local municipalities and agencies.   Representatives from 12 local...

    Tags: Somerset County (Pennsylvania), Tom Corbett, Hurricane Sandy (2012), FEMA

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