Bailout

Fed retort: nothing to hide on AIG

Ben Bernanke, chairman of the Federal Reserve, invites the government to audit the central bank’s dealings with AIG; NY Fed submits 250,000 pages of evidence to Congress

Reactions to Tarp 2

Initial reaction on the new financial industry bailout plans announced on Tuesday, suggest that investors and observers are underwhelmed by the lack of details available at this stage and fear that the measures will continue to fall short of the…

What to look for in Tarp II

Tim Geithner, the US Secretary of the Treasury, has delayed unveiling the plans for the next steps in administration's financial bailout programme until Tuesday. Here is a summary of the new steps that could be announced tomorrow.

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