Skip to: Content
Skip to: Site Navigation
Skip to: Search
SUNDAY, NOVEMBER 22, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: TALF

TALF stories: 10 news summaries
OPINION

Taxpayers Lose in Treasury's Toxic Asset Plan

Nobelist Stiglitz blasts Obama adminstration for 'perverse' program

Apr 1, 09 6:48 AM CDT
(Newser) - The Obama administration's massive public-private investment plan is good news for banks, good news for investors—and bad news for the taxpayer, writes Joseph Stiglitz. In an op-ed for the New York Times, the Nobel Prize-winning economist accuses the Treasury of "replicating the flawed system" that caused this crisis,... More »

MORE ABOUT:
Barack Obama • Joseph Stiglitz • Obama administration • Timothy Geithner • toxic assets • TALF • Public-Private Investment Program

OPINION

Don't Listen
to Krugman—
This Plan
Might Work

Pearlstein lays into fellow columnist

Mar 24, 09 7:51 AM CDT
(Newser) - Even before the full details were released, critics were bashing the Treasury's public-private asset purchase plan; Paul Krugman predicted it would fail and lead the country into depression (not to speak of the writer into despair). Steven Pearlstein begs to differ, and the markets seem to agree. For the Washington ... More »

MORE ABOUT:
nationalization • Treasury Department • Paul Krugman • Obama administration • Steven Pearlstein • Timothy Geithner • toxic assets • TALF • Public-Private Investment Program

 Treasury 
 Unveils $1T Plan 
 to Clean Up Toxic Assets 

Three-part program will push investors to buy toxic assets

Mar 23, 09 8:09 AM CDT
(Newser) - The Treasury unveiled its three-part Public-Private Investment Program today, reports the Wall Street Journal. Under the program, up to $100 billion in TARP funds will be partnered with private investments to buy troubled assets. The Treasury, Federal Reserve, and FDIC will work with hedge funds and private equity to try... More »

MORE ABOUT:
Federal Reserve • FDIC • Obama administration • financial crisis • Timothy Geithner • TALF • Public-Private Investment Program

OPINION

 Geithner: 
 'These 
 Policies 
 Will Work' 

Treasury sec lays out $1T plan in op-ed

Mar 23, 09 7:00 AM CDT
(Newser) - Tim Geithner caps a weekend of lobbying for the administration's $1 trillion Public-Private Investment Program in an op-ed for the Wall Street Journal, arguing that "the financial system as a whole is still working against a recovery." For the Treasury secretary, all the previous measures will fail... More »

MORE ABOUT:
Treasury Department • mortgage backed securities • Obama administration • Treasury secretary • financial crisis • Timothy Geithner • TALF • Public-Private Investment Program

 Feds Look for 
 Privately Funded 
 $1T Bailout 

Geithner talks up private capital ahead of today's announcement

Mar 23, 09 5:37 AM CDT
(Newser) - The Treasury today unveils its three-part public-private plan to purchase $1 trillion in troubled assets, offering lucrative subsidies to private investors to encourage them to participate. The Obama administration spent the weekend wooing hesitant private investors—hedge funds, private equity firms, and sovereign wealth funds—who fear future regulation or... More »

MORE ABOUT:
Barack Obama • private equity • sovereign wealth funds • hedge funds • Obama administration • financial crisis • Timothy Geithner • TALF

 Toxic Asset Plan to Offer 
 Subsidies to Investors 

Plan will offer loans, subsidies to investors willing to suck up bad assets

Mar 21, 09 6:08 AM CDT
(Newser) - The Treasury will unveil a plan to take up to $1 trillion in mortgage-backed securities and other troubled assets from financial institutions early next week, the Wall Street Journal reports. The plan, the cornerstone of efforts to rescue the banking system, calls for the creation of an entity to buy... More »

MORE ABOUT:
Treasury Department • credit crisis • mortgage backed securities • financial crisis • toxic assets • TALF

'Massive' Asset Purchases Likely Loom for Bernanke

Fed expected to step up purchase of mortgage securities

Mar 17, 09 7:05 AM CDT
(Newser) - The Federal Reserve is expected to step up its buying of mortgage securities after policymakers meet today and tomorrow, Bloomberg reports. The outlook for the economy and job market has gotten bleaker since the Federal Open Market Committee last met 6 weeks ago and analysts believe Ben Bernanke is likely... More »

MORE ABOUT:
Ben Bernanke • Federal Reserve • recession • US economy • Federal Open Market Committee • financial crisis • TALF

Hedges, Private Equity Funds to Invest in Bailout

TALF program could see very rich outfits get even richer

Mar 6, 09 7:11 AM CST
(Newser) - With its highly touted TALF program to spur consumer lending, the government is undertaking a $1 trillion effort that hinges on the participation of some unpopular outfits: hedge funds and private equity firms. As the Washington Post reports, the Fed and Treasury's "public-private partnership" relies on investment from the... More »

MORE ABOUT:
private equity • Federal Reserve • Treasury Department • Blackstone • consumer loan markets • bailout • hedge funds • TALF

 Investment Funds 
 May Replace 'Bad Bank' 

Administration eyes creation of private funds to suck up toxic debt

Mar 3, 09 4:50 AM CST
(Newser) - The Obama administration is considering creating multiple investment funds to buy up the toxic debts at the heart of the financial crisis, insiders tell the Wall Street Journal. No fixed structure has been agreed upon, but under one leading plan the funds would be administered by private investment managers who... More »

MORE ABOUT:
Treasury Department • credit crisis • investment fund • bailout • Obama administration • financial crisis • Wall Street bailout • bad bank • toxic assets • TALF

Analysis

Credit Crunch Pinches Entire Lending System

Undercapitalized banks stand to benefit from $1T infusion

Feb 20, 09 12:35 PM CST
(Newser) - Banks aren’t lending, and to change that the government is propping up not just the banks but also the vast, largely unseen financial system that fuels them, the New York Times reports. Banks rarely keep the loans they make anymore; instead, debt is packaged into securities and sold,... More »

MORE ABOUT:
Federal Reserve • credit market • securities • mortgage backed securities • financial sector • Obama administration • banking industry • Timothy Geithner • TALF

10 Stories


from our news partners