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Showing 51 - 60 of 73 results for "US Treasury Secretary"

China could own America

BENJAMIN ONG  |  TUESDAY, 24 FEB 2009
... purchase more shares in bank and financial institutions, which 'would be converted only as needed over time.' US Treasury Secretary Tim Geithner added that the government would start 'stress-testing' the largest banks this week to determine which firms ...

No meat

BENJAMIN ONG  |  WEDNESDAY, 11 FEB 2009
... impress people here Lisa. You don't win friends with salad.' Homer Simpson. Equity investors who came to US Treasury Secretary Tim Geithner's bank bail-out barbecue found Goober was serving only salad. They left taking their 'bring your own plate' plates ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 11 FEB 2009
... per cent, to 827.16. LONDON - Stock markets in Europe mirrored the action on Wall Street in reaction to US Treasury Secretary Timothy Geithner's rescue plan. The London FTSE 100 index shed 94.53 points, or 2.19 per cent, to 4,213.08. FRANKFURT - The ...

Gung Hay Fat Choy

BENJAMIN ONG  |  FRIDAY, 23 JAN 2009
... and avoid social instability. How this figure was arrived at is beyond me. Perhaps the same way as former US Treasury Secretary Hank Paulson arrived at his US$700 billion bail-out package. Plucked from the air. The good news is that China's economy is ...

Market Wrap - Midday

AAP  |  THURSDAY, 13 NOV 2008
... shed 209 points to 3777 on a volume of 14,452 contracts. Burrell Stockbroking Associate Peter Wright said US Treasury Secretary Paulson's announcement that the US's $700 billion rescue package would not after all purchase troubled assets had rattled ...

Bail-out Plan B

BENJAMIN ONG  |  THURSDAY, 13 NOV 2008
... longer buy the TA (troubled assets) under the RP (relief program). Yes that is correct. You read it right. US Treasury Secretary Henry Paulson announced that TARP would no longer purchase toxic assets from lending institutions. Instead, the US Treasury ...

Market Wrap - Morning

AAP  |  THURSDAY, 13 NOV 2008
... per cent, to 3,883.6. NEW YORK - An already disheartened Wall Street turned sharply lower overnight after US Treasury Secretary Henry Paulson said the government would not buy banks' soured mortgage assets after all, disappointing investors who hoped ...

Depression no more?

BENJAMIN ONG  |  TUESDAY, 14 OCT 2008
... will now auction unlimited dollar funds as against their previous capped swap arrangements. Rumours that US Treasury Secretary Henry Paulson is planning to purchase equity directly from financial firms also generated optimism in the financial markets. ...

Emergency Economic Stabilization Act of 2008

BENJAMIN ONG  |  MONDAY, 29 SEP 2008
... will be used to retire the US federal debt and a portion set aside for a federal housing authority. The US Treasury secretary will coordinate with foreign financial authorities and central banks about establishing similar rescue programs. Limits excessive ...

TARP or TRAP?

BENJAMIN ONG  |  THURSDAY, 25 SEP 2008
... or education. Reduced spending will lead to higher unemployment and slower economic growth. For his part, US Treasury Secretary Henry Paulson stated that, '... this entire proposal is about benefiting the American people, because today's fragile financial ...