BailOut

Fiat Buys More Stock in Chrysler

Fiat exercises a third option to buy a small amount of Chrysler stock, but the sale won't go through until a price dispute is settled by a judge.

The Great Geithner: Ex-Treasury Secretary Gets Bailout Book Deal

The former Treasury Secretary has an agreement with Crown Publishers, an imprint of Random House, Inc. Crown announced Thursday that Geithner's book, currently untitled, is scheduled for 2014 and will provide a "behind-the-scenes" account of the financial crisis.

AIG May Join Bailout Suit Against U.S. Government

The insurer, rescued by the U.S. government in 2008 with a bailout that ultimately totaled $182 billion, may now join a lawsuit against the government alleging the terms of the deal were unfair. The move would be something of a shock development given that AIG just launched a high-profile television ad campaign called "Thank you, America."

Pop Quiz: What Did Washington's Bailout Bonanza Buy for America?

The government's Great Recession bailouts are one of the hot topics of debate this election. But let's skip the rhetoric and run the numbers. If you think you know the facts about the bailouts, or if you're just curious, take a peek at our bailout quiz.

GM Posts Record Earnings: Is It Ready to Repay Bailout?

2011 was the most profitable year in General Motors' history. Thanks in large part to the $50 billion government-assisted restructuring it received, GM's U.S. operation is in good shape. So is it ready to fully pay back Washington now? Well, that depends on Europe.

GM's Next Big Problem: Making Europe Profitable

GM made $2.2 billion in North America in the third quarter, but it couldn't expand on that number with earnings abroad. Now the bailed out, revamped and much-improved automaker has to find a way to make Europe profitable -- because the Continent is essential to its global operations.

Resentment Builds Ahead of Bank Transfer Day

On Saturday, tens of thousands will march, protest and move their money out of big banks. But plenty of Americans haven't waited for Bank Transfer Day. For Frank Sheldon of Seattle, his journey to a credit union started in 2008 when his old bank was absorbed by J.P. Morgan Chase.

It's Europe's Fault: They're Holding Back the Recovery

Many European nations have deficits that make the U.S. look thrifty, and over a year after their problems came to light, they're still holding the worldwide recovery back. But because they share the euro, normal solutions aren't available, which means the EU must bite the bullet and accept an orderly default, or watch matters spiral downward.

Why Slovakia Is Making Markets Hold Their Breath

Tiny Slovakia looked set on Tuesday to reject the expanded eurozone bailout upon which global investors were pinning their hopes -- and at this moment, the Slovak Parliament could veto the Continent's plan for economic salvation. How did it it come to this, and what could happen next?

Oil Falls as Worries About Europe Debt Crisis Continue

Concerns about the European financial crisis are still dragging down the price of oil. Benchmark crude for July delivery fell 32 cents to $92.69 per barrel in Monday midday trading. All eyes remain on Greece, which is trying to implement tough new austerity measures necessary to keep international aid coming.

Why the European Debt Crisis Is Far From Over

The European debt crisis is back: Portugal is in political turmoil, and may need a major bailout, and Spain may too. But the E.U.'s strong healthy are rebelling against propping up their weaker neighbors. The real issue, though, is that the E.U. hasn't yet addressed the fundamental flaw built into it at the euro's creation.

GM Withdraws $14 Billion Federal Loan Application

Back in 2009, General Motors applied to the Department of Energy for $14.4 billion in loans to help it manufacture more fuel-efficient vehicles. Today, with the automaker making big strides in turning around its business, GM said it no longer needs or wants the money.

Paulson and Co. Clears $1 Billion on Citigroup Shares

Hedge fund manager John Paulson told Paulson & Co. clients that the company made more than $1 billion during the past 18 months on its investment in Citigroup, Bloomberg News reported, citing Paulson's letter to clients this month.