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Bank of America to Repay TARP Loans
Bank of America said late yesterday that it would pay back $45 billion in Troubled Asset Relief Program Funds, after raising $18.8 billion selling new common shares. Bank of America said the Treasury Department and Banking Regulators have already given it
Author: 
Business-fromGrabNetworks
Tags: Personal Finance BAC Business Large Cap Stocks
Posted: 30 November 2010
Rating: 0.0
Votes: 0
Microloans boost small business
Microloans give a hand to small business owners in the U.S. as they struggle with tight lending standards and a weak economy.
Author: Business-fromGrabNetworks
Tags: furlough micro loans coroner handbag harlem yucky
Posted: 29 November 2010
Rating: 0.0
Votes: 0
President Obama Outlines Stimulus Suggestions
President Obama outlined new measures for economic stimulus and jobs creation today. While he did not say how much his proposals would cost, the President said that we must "spend our way out of this recession." He emphasized job creation as part of his proposals, and called for tax cuts for small businesses that hire employees in 2010, and eliminating fees on small business loans.
Author: Business-fromGrabNetworks
Tags: Personal Finance Economic News Business
Posted: 30 November 2010
Rating: 0.0
Votes: 0
Goldman Borrowed $15 Billion From Federal Reserve
Data obtained through the Freedom of Information Act by Bloomberg News revealed that Goldman Sachs (GS) borrowed $15 billion from the Federal Reserve in late 2008. This was the biggest single loan during the previously undisclosed crisis era program and these loans had to be repaid within 28 days.
Author: Business-fromGrabNetworks
Tags: Personal Finance RBS Business BCS
Posted: 09 July 2011
Rating: 0.0
Votes: 0
Today's Big Gainers: ESI, FCS, KEY, EL
ITT Educational Services (ESI) announced that they entered into a new private education loan program for their students called the PEAKS Private Student Loan Program. Under the PEAKS Program, an unaffiliated lender will make private education loans to eligible students and, subsequently, sell those loans to a trust.
Author: Business-fromGrabNetworks
Tags: Personal Finance FCS Business KEY ESI
Posted: 30 November 2010
Rating: 0.0
Votes: 0