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NEWS ABOUT: repayment

Latest Steele Hire Bilked DC Group for $70K

New RNC fundraiser Neil Alpert was ordered to repay 'grandiose' expenses

(Newser) - Under fire for recent flaps over RNC spending, Chairman Michael Steele has hired a new “special assistant for finance”—and possibly walked into another gaffe. Neil S. Alpert, the 31-year-old wunderkind whose new job it will be to “help raise money” and “find new funds,”... More »

Fed Prods Banks for TARP Repayment Plans

BofA, Citi, 7 others asked to submit outlines

(Newser) - The government is stepping up plans to wind down the TARP program. The Fed has asked nine banks stress-tested earlier this year, including Bank of America and Citigroup, to come up with plans to repay a total of $142 billion in TARP funds. The move represents an evolution in the... More »

Leibovitz Sued Over $24M Loan

(Newser) - A financial firm is suing Vanity Fair photographer Annie Leibovitz for failing to cooperate to repay a $24 million loan, reports the Telegraph. Leibovitz last year put up her photographs and two homes as collateral for the money to pay off debts. But now Art Capital Group said the 59-year-old... More »

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