WASHINGTON (AP) - The Federal Reserve says GMAC is the only one of 19 stress-tested banks that needs more capital to withstand a future downturn. ...more

November 9, 2009

If we had our way, Hillsborough County would restore Cone Ranch, transforming ditches and pastures into creeks and wetlands, and open it to the public as a wilderness park. ...more

November 2, 2009

There has been so much misinformation about so many of the different financial crises facing the country over the last few months. Unless one is paying very close attention to what is being and not being said, one can become totally confused. ...more

March 28, 2009

President Barack Obama claimed early progress Tuesday night in his aggressive campaign to lead the nation out of economic chaos and declared that despite obstacles ahead, "we're moving in the right direction." At the second prime-time news conference of his presidency, Obama also toned down his criticism of bonuses to executives at bailed-out AIG, and shot back at Republican critics of his budget. ...more

March 24, 2009

Treasury Secretary Timothy Geithner called on Congress Tuesday to grant him new powers to regulate huge financial companies like insurance giant AIG, whose failure would pose a grave danger to the U.S. financial system and the broader economy. ...more

March 24, 2009

The Obama administration's latest attempt to tackle the banking crisis and get loans flowing to families and businesses will create a new government entity, the Public-Private Investment Program, to help purchase as much as $1 trillion in toxic assets on banks' books. ...more

March 23, 2009

Struggling to contain the worst financial crisis in seven decades, the Obama administration wants to buy billions of dollars of toxic assets from banks to ease borrowing for consumers and businesses. ...more

March 22, 2009

Treasury Secretary Timothy Geithner could announce as soon as Monday his much-anticipated plan to get toxic assets off the books of the country's struggling banks, administration and industry officials said. ...more

March 21, 2009

The U.S. government will exchange up to $25 billion in emergency bailout money that it provided Citigroup Inc. for as much as a 36 percent equity stake in the struggling bank, greatly increasing the risks to taxpayers as voter unhappiness about the broader bailout program rises. ...more

February 28, 2009

Citigroup Inc. said Friday it reached a deal that will give the government an increased stake in the struggling bank. ...more

February 27, 2009