Tag Archives: administration officials


GM to file for bankruptcy, Chrysler sale cleared

June 1, 2009 : Permalink

Reuters – General Motors Corp will file for bankruptcy later on Monday, U.S. officials said, forcing the 100-year-old automaker once seen as a symbol of American economic might and dynamism into a new and uncertain era of government ownership. The […]

Treasury chief seeking power over hedge funds

March 26, 2009 : Permalink

Houston Chronicle – Treasury Secretary Timothy Geithner will ask Congress to bring large hedge funds, private-equity firms and derivatives markets under federal supervision for the first time as part of a revamp of U.S. financial rules. The Treasury chief will […]

Latest economic recovery plan hits $1 trillion

March 23, 2009 : Permalink

10 News – Investors will be listening closely to details of the $1 trillion toxic asset-purchase program to be announced Monday as the Obama administration seeks to provide enough information to satisfy markets and avoid the kind of stock meltdown […]

Bill in US Senate would regulate hedge funds

February 2, 2009 : Permalink

International Herald Tribune – Two senior senators have introduced legislation to impose U.S. government oversight on hedge funds. The legislation by Senator Carl Levin, a Democrat of Michigan, and Senator Charles Grassley, a Republican of Iowa, was filed Thursday while the […]