Baxter & Baxter, LLP | Portland Oregon Bankruptcy : GM returns $140M provided for parts suppliers

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GM returns $140M provided for parts suppliers

WASHINGTON – (AP) General Motors has returned $140 million of the $290 million it received from the government to support is parts suppliers. The Treasury Department said Tuesday that the $140 million was part of the $2.5 billion pledged to GM to help the automaker’s parts sup

Also tagged 2-5-billion, 290-million, automaker, bankruptcy law center, general, general-motors, has-returned, help-the, help-the-automaker, million-it-received, parts-sup, parts-suppliers, received-from, treasury

2009 11 25 admin Uncategorized Comments (0)

Four Stimulus Benefits That Will Expire Soon [Tax Credits]

Kiplinger lists four ways you can still get some cash back from the government, although you’d better get a move on if you want to qualify. Included are a first-time home buyer’s credit that goes away November 30th, a new car tax credit, a COBRA premium subsidy for people …

Also tagged cash-back, cobra, for-people, from-the, government, lists-four, november

2009 08 31 admin Uncategorized Comments (0)

AmEx profits nearly cut in half

Profits at American Express were nearly cut in half in the latest quarter as the credit card giant moved to pay back the loan it received from the government’s financial sector bailout. Read the original here: AmEx profits nearly cut in half

Also tagged loan, pay-back, profits-nearly, quarter-as-the, read-the-original, the-credit, the-government, the-latest, the-loan

2009 07 23 admin Uncategorized Comments (0)

Obama hopeful for resolution in Chrysler case

WASHINGTON – (AP) President Barack Obama says he is “very hopeful” for a resolution that keeps Chrysler a viable auto company. � Chrysler has borrowed $4 billion from the government since the beginning of the year and could soon be in danger of running out of cash wi

Also tagged a-viable-auto, beginning, billion-from, chrysler, government, obama, president, president-barack, running-out, since-the-beginning, the-government, the-year, very-hopeful, viable-auto

2009 04 30 admin Uncategorized Comments (0)

AIG completes preferred stock sale to government

NEW YORK – (AP) American International Group Inc.

Also tagged department-as-part, from-the, government, group, group-inc-, new, preferred-stock, regulatory-filing, treasury-department, york

2009 04 20 admin Uncategorized Comments (0)

Fannie Mae could need $16B from government

WASHINGTON – (AP) Mortgage finance company Fannie Mae said Monday that it likely needs up to $16 billion from the government as conditions in the U.S. housing market continue to deteriorate

Also tagged billion-from, fannie, government, housing-market-, likely-needs, monday, mortgage, the-government

2009 01 27 admin Uncategorized Comments (0)

Phoenix Cos. closer to bailout funds

WASHINGTON – (AP) Federal regulators on Thursday approved the bid of insurer Phoenix Companies Inc. to buy a thrift, making it qualified to receive money from the government’s financial rescue program

Also tagged approved-the, approved-the-bid, financial-rescue, from-the, making-it-qualified, phoenix, regulators-on-thursday, thrift-supervision, thursday, treasury, treasury-department

2009 01 16 Baxter & Baxter, LLP Uncategorized Comments (0)

Investors buy $558 million in mortgages from FDIC

WASHINGTON – (AP) A group of private investors including former executives of Countrywide Financial Corp.

Also tagged 558-million, corp-, deal-involving, div-style, first, first-national, from-the, government, has-purchased, home-mortgages, investors, private-investors, the-investors, wednesday

2009 01 08 admin Uncategorized Comments (0)

Fannie posts $29B 3Q loss, $100B may not be enough

WASHINGTON – (AP) Fannie Mae on Monday posted a $29 billion loss in the third quarter as it took a massive tax-related charge, and warned that its $100 billion lifeline from the government may not be sufficient for its solvency should it continue to lose money. �

Also tagged 100-billion, and-warned, billion-loss, div-style, fannie, lifeline-from, lose-money-, massive-tax-related, may-not, should-it-continue, the-government, the-third, third

2008 11 11 Baxter & Baxter, LLP Uncategorized Comments (0)

Baxter & Baxter, LLP | Portland Oregon Bankruptcy