Treasury News
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After it was revealed that over $22 million was paid out to dead and incarcerated Social Security recipients and that benefits will not be increased in 2011, the program reemerges as a question ahead of key midterm elections.
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The United States Treasury Department has announced that it will sell its 7.7 billion shares stake in Citigroup that it acquired during the banker bailouts, amounting to $33.2 billion.
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An NYT investigative report offers more insight into the predatory practices of Goldman Sachs, their role in pushing AIG to brink of bankruptcy, and more evidence suggesting the financial bailout was fraudulent and illegal
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The U.S. Federal Reserve, the central bank for what remains the world's largest economy, announced on Tuesday that it made a record profit of $52.1 billion in 2009, enabling it to pass on $46.1 billion, another record amount, to the Treasury Department.
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Recently released emails from Nov. 2008 suggest that New York Fed President Timothy Geithner instructed AIG to withhold key details from the public about the 'back-door bailout' that benefited Goldman Sachs and more than a dozen other Wall Street firms
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US Treasury Secretary Henry Paulson -- who was a former head of Goldman Sachs -- tried to quietly formulate deals in the midst of the financial crisis but found resistance from "The Oracle of Omaha" Warren Buffett.
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While projections showcase the Social Security Administration's inability to remain fiscally sound, a SSA conference in a luxury resort flies in 675 managers and their families at a taxpayer cost of $700,000.
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While the entire county focuses on the AIG bonus controversy and Congress wastes time pointing partisan fingers, the real issues surrounding the economic meltdown are being ignored.
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The next time someone from the bank calls you during dinner, asking if you intend to make a payment, you may want to ask them how they spent their bailout bucks. Chances are good, they won’t have an answer.
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Billions of Federal injections came to General Motors today as they received one “bailout” after another, thanks mostly in part to GMAC.
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Treasury Headlines
 Timothy Geithner says he will not serve U.S. President Barack Obama as Treasury secretary in a second term.
Tepid investor interest changes Treasury's mind about selling 34 percent Citi stake just yet
Citigroup - Government - Business - United States - Finance
This week the cost of petrol kept rising and hit £1.37 for unleaded fuel, but some argue a duty cut in this month's Budget could bring in more money to the Treasury.
The former chairman of the Westminster treasury select committee calls for the financial regulator to probe Craig Whyte's takeover of Rangers.
Barclays Bank is ordered by the Treasury to pay half-a-billion pounds in tax it tried to avoid, as retrospective legislation is introduced.
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Geithner sworn in as Treasury Secretary, 1/26/2009
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Treasury Blogs
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There was an article in Bloomberg Business Week recently with the headline “Foreign Buyers Heat Up Miami’s Condo...
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A special Saudi Arabian criminal court on Sunday began a criminal trial where one of the defendants is charged with...
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For at least the last 3 years I have been sounding off and warning about crass and dangerous foreign dollar policies...
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Throughout the last six years or so, America's consumer status quo has taken a subtle but painful thrashing from this...
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The SNP, (Scottish Nationalist Party determined to break up the United Kingdom, for those of you in the USA), is now...
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