FINANCIAL CRISIS
Geithner pushes EU to agree on plan 
European nations were pressed Tuesday by a credit downgrade threat and the U.S. Treasury chief to deliver on markets' huge hopes for a solution to the 2-year-old financial crisis engulfing the continent.Germany and France downplayed Standard & Poor's warnings to downgrade 15 eurozone nations and Europe's bailout fund. But a downgrade of their AAA ratings would complicate their efforts to restore investor confidence in Europe.
By David Riding and Sarah DiLorenzo , December 06, 2011
AIG reaches deal to repay government
UPDATED 9:59 A.M.AIG, which became a lightning rod for criticism over government bailouts, said it reached a deal to repay billions of dollars it received during the credit crisis.
By Stephen Bernard , September 30, 2010
Bank CEOs: We underestimated 2008 financial crisis, made poor decisions
Americans are furious and "have a right to be" about the hefty bonuses banks paid out after getting billions of dollars in federal help, the chairman of the Financial Crisis Inquiry Commission told chief executives of four major banks this morning.
By Daniel Wagner and Jim Kuhnhenn , January 13, 2010
Administration plans $30 billion in bailout aid for small companies
The Obama administration is setting aside $30 billion from the financial bailout fund for a program designed to encourage lending to small businesses to aid the economic recovery. An internal document obtained by The Associated Press spell out how the Treasury Department plans to spend money from the fund before it expires in October 2010. The document show $40 billion would go to consumer and business lending programs.
By Martin Crutsinger/Daniel Wagner , December 18, 2009
Senate panel clears Bernanke nomination
Ben Bernanke is likely to be approved by the Senate to serve another four years as Federal Reserve Chairman, though some senators question whether he could have helped avert the nation's financial crisis.
By Jeannine Aversa , December 17, 2009
Citigroup to repay $20 billion in bailout money
The New York-based bank was among the hardest hit by the credit crisis and rising loan defaults. It has received one of the largest bailouts of any banks during the financial crisis. The government gave it $45 billion in loans and agreed to protect losses on nearly $300 billion in risky investments.
By Stephen Bernard , December 14, 2009
Fed proposes to police bank pay for first time
The Federal Reserve plans to police pay policies by the nation's banks to avoid a repeat of the financial crisis.
By Jeannine Aversa , October 22, 2009
IN THE MAIL: Blame Congress, welfare state for crisis
Sen. Kent Conrad, D-N.D., wants investigations into the cause of our financial mess. Just send him a mirror.
By Brent McCarthy , June 14, 2009
AP sources: U.S. eyes financial regulatory panel
The Obama administration, trying to crack down on abuses exposed by the financial crisis, is considering creation of a regulatory commission to protect consumers of financial products such as credit cards and mortgages, according to administration and industry officials.
By Martin Crutsinger , May 20, 2009
G-20 leaders eye more IMF funds, tighter rules
Global leaders made headway today on tackling the world's worst financial crisis since the 1930s, with possible deals to give more money to the International Monetary Fund and clamp down on tax havens and freewheeling hedge funds.
By Jane Wardell , April 02, 2009
OUR OPINION: Look beyond Senate for committee members
Should the U.S. government investigate the origins of the financial crisis?
Absolutely.
But should that investigation be carried out by a Senate select committee, as Sens. Byron Dorgan, D-N.D., and John McCain, R-Ariz., suggest?
Probably not.
March 16, 2009
Bernanke vows to do all he can to revive economy
Federal Reserve Chairman Ben Bernanke pledged anew today to do everything in his power to lift the country out of recession, while defending the extraordinary steps the Fed has taken to fight the worst credit and financial crisis since the 1930s.
By Jeannine Aversa , February 18, 2009
Official: Iceland's government may soon be Europe's 1st financial crisis victim
Iceland's government could be ousted from power this weekend, becoming Europe's first to fall as a direct result of the global financial crisis, a spokesman for the prime minister said today. Thousands of people gathered to protest the government's handling of the economy outside the parliament building as Prime Minister Geir Haarde's Independence Party held crisis talks with its coalition partner, the Social Democratic Alliance.
By David Stringer , January 24, 2009
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