Tag Archives: TARP

banks

Bailed-Out Banks Used Small Business Funds to Repay TARP

Governement watchdog says banks used funds incorrectly

Money sent to banks to boost lending to small businesses was used instead by banks…

By C. Daniel Baker

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Government Bailout helped banks not small business

Government Bailouts Helped Banks, Not Small Businesses

TARP payments benefited banks, never reached small businesses

The U.S. Treasury invested more than $200 billion in 700 banks through the bailout program.

By C. Daniel Baker

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WATCH: One-on-One With Treasury Secretary Tim Geithner

In an exclusive interview on 'Black Enterprise Business Report,' Editor-in-Chief Derek Dingle sits down with the nation's CFO

In an exclusive interview, BLACK ENTERPRISE Editor-In-Chief Derek T. Dingle talked with the nation’s chief…

By Derek T. Dingle

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CDFI Small Business Lending Program Finally a Go

With new terms, community banks are ready to start lending

The Treasury department announced last week that it will provide up to $1 billion in…

By Joyce Jones

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Talking Points: Obama’s Economy

When Barack Obama took the national stage as president on that bitterly cold day last…

By Alan Hughes

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Washington Report

Dispatches from Capitol Hill

Washington Report: Week of Dec. 7-11

By Joyce Jones

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Obama Announces Plans to Boost Small Business Lending

Credit lines to be made available under TARP

Flanked by thousands of boxes of paper records stored by Metropolitan Archives, a Maryland-based business…

By Joyce Jones

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Piedmont to Manage Piece of TARP Pie

Historic deal a sign of confidence for firm

In what could be a landmark deal for Piedmont Investment Advisors LLC (No. 10 on…

By Jeffrey McKinney

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Will Bailout Funds Benefit Main Street?

B.E. 100s leaders weigh pros and cons for small investors

Can the Obama administration convince ordinary Americans that the rescue of the financial system serves…

By Cliff Hocker

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Auto Suppliers: A Sinking Industry Could Mean Drastic Depletion

Companies on the ropes in wake of GM and Chrysler news

Business became more complex in the U.S. auto supplier world after General Motors Corp. and…

By Josee Valcourt

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CBC Hosts TARP/TALF Access Summit

Members push for inclusion in contracts, program management

Federal Reserve Chairman Ben Bernanke participated in a closed-door meeting yesterday with members of the…

By Joyce Jones

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nyc-comptroller-william-c-thompson-jr-with-naacp-president-hazel-dukes-and-carver-ceo-deborah-wright

Carver Federal Savings Bank Turns 60

Bank to invest TARP capital for growth

While many large commercial banks cling to life or become engulfed by the specter of…

By Renita Burns

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Rep. Maxine Waters Under Scrutiny Over Bank Ties

CBC member denies she had influence in distribution of TARP funds

California Rep. Maxine Waters, a member of the House financial services committee and the Congressional…

By Joyce Jones

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Day 23

Before leaving for Virginia to meet with Gov. Tim Kaine as part of his hearts…

By Deborah Creighton Skinner

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Liberty Bank Acquires United Bank Branches

Customers to have a larger banking network

After announcing its buyout this week of cross-town bank United Bank and Trust Co., Alden…

By Jeffrey McKinney

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Banks, Regulators, Consumer Advocates Address Foreclosure

FDIC Chairwoman Sheila C. Bair addresses the 12th Annual Wall Street Project Economic Summit (Source:…

By Marcia Wade Talbert

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Got TARP?

Small business owners and financial professionals voiced their displeasure with the lack of transparency and…

By Renita Burns

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Robert Johnson Creates Lending Facility for Mortgage Servicers

BET founder seeking TARP funds to finance venture

Through Urban Trust Bank, Robert L. Johnson created a new entity, Homeowners First Bank. Homeowners…

By Marcia Wade Talbert

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Paulson, Bernanke Defend TARP

Members of Congress express disappointment in results

Treasury Secretary Henry Paulson defended his management of the $700 billion economic bailout today to…

By Marcia Wade Talbert

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Treasury Secretary: Portions of Bailout Plan Being Examined

Paulson says plan to purchase illiquid assets put on hold

Treasury Secretary Henry Paulson updated the nation today on the government’s plans to implement the…

By Deborah Creighton Skinner

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