Troubled Asset Relief Program
Latest Posts
Ambac Posts $2.4 Billion Q3 Loss on “False” MBS Recovery
Nov 05, 2008Ambac Financial Group, Inc. [stock ABK][/stock] said Wednesday morning that it lost $2.4 billion, $8.45/share, as it absorbed at least $3 billion in write-downs and costs to pay anticipated claims amid further deterioration in the U.S housing market. The quarterly loss widened a $360 million, or $3.53 a share, loss from a year earlier, and were far greater than analysts had expected — leading shares to fall more than 25 percent in early trading on Wednesday.
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Feds May Be Considering Subsidy on Troubled Mortgages
Nov 04, 2008 -
Treasury, FDIC Near Plan to Guarantee Distressed Mortgages
Oct 30, 2008 -
GMAC Confirms Discussions on Commercial Bank
Oct 30, 2008 -
Wells Fargo is $25 Billion Richer, Thanks to TARP
Oct 30, 2008 -
Waxman Questions Use of TARP Funds
Oct 29, 2008 -
GMAC Looks to Become Commercial Bank, Gain TARP Access
Oct 29, 2008 -
Banks Need to Lend, Says White House
Oct 28, 2008 -
PNC to Acquire National City
Oct 24, 2008 -
NY Banking Regulator Calls for Treasury’s Help in Loan Modifications
Oct 23, 2008
