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BAILOUT FIRMS
Frontier Airlines offers flight tickets discounts, stocks soar after Spirit Airlines announced shutting downFrontier Airlines announced systemwide discounts and plans to add summer routes.
Spirit Airlines stock just shocked the market, jumped over 130% while airline stocks fall: is Spirit Aviation Holdings (FLYYQ) a real comeback or bailout-driven spike?Spirit Airlines stock just shocked the market. It jumped over 130% in one session. Shares of Spirit Aviation Holdings Inc. (FLYYQ) surged n...
Kevin Warsh net worth, Fed Chair race & confirmation delay: Why he’s making headlinesKevin Warsh is in news as a top choice for Federal Reserve Chair. He is very rich and has worked in banking and government before. His sele...
"Don't call it a bailout": Washington is haunted by 2008 financial crisisWashington remains haunted by the specter of government intervention after the banking sector collapse that triggered the Great Recession. ...
Federal Reserve moves to bar bailouts of failing firmsFed officials have moved to prevent the central bank from bailing out failing companies, a power it exercised during the 2008 financial cri...
- Euro firms as China voices support for EU bailout efforts
The euro slightly firmed after a senior Chinese official reportedly expressed support for measures by the European Union.
- Bailout firms pay nearly all back taxes owed to US
Companies receiving money from govt's Wall St bailout have repaid almost all $531 mn in unpaid federal taxes they owed. How Europe crisis a...
Should bondholders be bailed out?The best policy should categorically exclude bondholders from the set of potential beneficiaries of government bailouts.
- Obama administration plans big pay cuts at bailout firms
Cos that received govt bailouts last year may be asked to sharply cut the compensation of top executives. Coming to terms with lay-off | Ti...
- Obama plans new company bailout initiatives: Report
Administration of President Barack Obama is considering new bailout initiatives that will allow troubled companies to benefit from rescue p...
- AIG clients got $50 bn in bail-out cash: Report
Business partners of insurance giant AIG have received some $50 billion in payments, since firm was bailed out by US government in Septembe...
- Government ready with first bailout for realty firm
Cash-strapped realty major Emaar MGF may turn out to be the first major beneficiary of a government package. Tax deduction on home loan | U...
- Two US senators seek visa ban for bailout firms
Two US senators on Thursday proposed to ban firms receiving government bailouts from hiring foreign workers under a special visa program fo...
- No viable auto industry bailout plan: Democrats
Democrats in Congress on Thursday put off a vote on a bailout for crisis-hit "Big Three" auto makers until at least December, and ordered i...
- Bush picks fraud prosecutor to oversee bailout funds
US President George W Bush on Friday nominated an anti-fraud prosecutor to monitor the use of funds in the 700-billion-dollar bailout of th...
- US Treasury names Chicago firm as adviser on bailout plan
The US Treasury named Chicago firm EnnisKnupp Monday as its investment adviser on a 700 billion dollar bailout plan which will see the gove...
- Battle brewing over historic US financial firms bailout
A battle appeared to be brewing on Saturday between the Republican administration of President George W. Bush and leaders of the Democratic...