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Financial bailout News

House Republicans alternative hybrid insurance bailout idea accepted by Democrats

House Republicans have created an option to offer government insurance for “troubled” aka dangerous, loans, as an alternative to a buyout. That was the delay. There was/is a need for speed, but this has some real potential benefits for the bailout.

In the Media by Paul Wallis - 6 comments

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Financial bailout Headlines

Ally Financial unit in creditor protection

The U.S. government is hoping that Monday's bankruptcy filing by Ally Financial Inc.'s troubled mortgage business will help the company repay its government bailout faster.

Merkel hints at expanded EU firewall

Germany is open to temporarily boosting the Eurozone's financial bailout fund as governments push to protect other financially fragile nations.

US 'to make profit from bailouts'

The US will make a profit from bailing out the nation's banks and carmakers at the height of the financial crisis, the Treasury says.

Spain's bond yields jump as bailout fears grow

Spain's cost of borrowing on the international debt markets rose sharply again Monday, increasing concern that the country may become the latest member of the eurozone to seek a financial bailout.

AUDIO: How did Canada weather the crisis?

The president of the Toronto Financial Services Alliance told Radio 5 live how Canada managed to avoid a state-bailout.