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Showing 111 - 120 of 142 results for "Treasury Secretary"

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. ...

AIG secures extra A$54bn in liquidity

ALEX DUNNIN  |  FRIDAY, 10 OCT 2008
... the financial sector, Edward M Liddy, AIG chairman and chief executive officer, in a letter just written to Treasury Secretary Paulson, said, "we owe our employees and the American public new standards and approaches". "[AIG is] re-evaluating the costs ...

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 ...

Bail-out might breach US constitution

ALEX DUNNIN  |  WEDNESDAY, 24 SEP 2008
... private firms without adequate national interest justification. The fears highlight the inability so far of Treasury Secretary Henry M Paulson to adequately explain how the rescue strategy will address the economic and regulatory breakdown that caused ...

Funny Mae, Froggy Mac

BENJAMIN ONG  |  TUESDAY, 9 SEP 2008
... harmful to economic growth and job creation. That is why we have taken these actions." With these statement, US Treasury Secretary Henry Paulson announced the 'de facto'nationalisation of the country's two mortgage giants - Fannie Mae and Freddie Mac. ...

Market Jitters Redux

BENJAMIN ONG  |  TUESDAY, 15 JUL 2008
... the US Treasury. The US Treasury announced a pre-emptive plan to support both Fannie Mae and Freddie Mac. US Treasury Secretary Paulson noted that the plan is currently not needed but it is important to maintain confidence and stability of the GSEs who ...

Market Wrap - Morning

AAP  |  FRIDAY, 11 JUL 2008
... responsible for a two per cent tumble on Wall Street on Wednesday. Nervous investors found no relief in US Treasury Secretary Henry Paulson's reassurances Thursday that the two groups were "adequately capitalised" in the face of a "challenging period." ...

Market Wrap - Morning

AAP  |  TUESDAY, 20 MAY 2008
... releases minutes of its May board meeting, Treasurer Wayne Swan speaks at an AICD lunch in Melbourne, and Federal Treasury Secretary Ken Henry gives a post-budget address to the Australian Business Economists. In data, the Australian Chamber of Commerce ...

US regulation review models Australia

ALEX DUNNIN  |  TUESDAY, 1 APR 2008
... Report. Central to the proposed reforms that seem to suggest Australia has become somewhat of a global model, US Treasury secretary Henry M Paulson Jr said they would introduce a tri-partite model that focuses on having a system stability regulator ...