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Showing 631 - 640 of 792 results for "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 ...

Putnam hoists money guaranty flag

RUTH LIEW  |  FRIDAY, 3 OCT 2008
... According to the Treasury Department, the money guaranty program will exist for an initial three-month term, after which the Secretary of the Treasury will review the need and terms for extending the program. While the program protects the accounts of ...

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
... congressman, said, "After reading this proposal, I can only conclude that it is not only our economy that is at risk, Mr Secretary, but our Constitution, as well," reported the New York Times. Fears the bail-out bill is unconstitutional stem from prohibitions ...

Mahogany assesses Lehman exposure

MICHAEL HOBBS  |  FRIDAY, 19 SEP 2008
... of Lehman Brothers Holdings and its impact on the Mahogany Notes I," said Nicholas Geddes, Mahogany Capital company secretary in a statement. "Directors hope to be in a position to provide further details of the position and, if sufficient details become ...

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. ...

Board changes at Findlay

MICHELLE BALTAZAR  |  MONDAY, 18 AUG 2008
... Pettiona's appointment, Richard Mollett resigned as company executive director but will retain his executive role as company secretary. Meanwhile, Findlay will remain as non-executive director after Buttula takes the helm. The former IWL head said that ...

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 ...