NTRS

The $700 billion Troubled Asset Relief Program (TARP), which former Treasury Secretary Hank Paulson set up in October 2008 to buy financial toxic waste, has made the U.S. a $4 billion profit on $240 billion that it invested in hundreds of banks. Never mind that TARP has not purchased any toxic...

As expected, the Treasury Department said today that 10 of the nation's largest banks would be allowed to begin repaying funds borrowed under the Troubled Asset Relief Program. A total of $68 billion of taxpayer money will be repaid, relieving the banks of what some saw as onerous restrictions that...

Hoteliers are tired of being beaten up because of the foibles of Wall Street. Every week or so, there seems to be another revelation about a bank that received billions in government aid doing something stupid like sponsoring a celebrity-laden golf tournament (Northern Trust Corp. (NTRS)), almost...