2008 Financial Bailout

The $700-billion bailout fund, which was set to expire at year's end, will now end in October. The news comes as a government audit finds the program lost $41.4 billion in the last fiscal year. The Treasury Department formally extended the life of the controversial $700-billion bailout fund to October, saying it planned to sharply scale back use of the...  

The Obama administration has extended the $700 billion financial bailout program until October, setting up a struggle between Democrats who favor using some of the leftover money to help generate jobs and Republicans who say it should be used to shrink soaring budget deficits.  

WASHINGTON (AP) — The Obama administration has extended the $700 billion financial bailout program until October, setting up a struggle between Democrats who favor using some of the leftover money to help generate jobs and Republicans who say it should be used to shrink soaring budget deficits.  

WASHINGTON - The Obama administration has extended the $700 billion financial bailout program until October, setting up a struggle between Democrats who favor using some of the leftover money to help generate jobs and Republicans who say it should be used to shrink soaring budget deficits.The administration says the bailout fund is still needed to prevent further turmoil in the banking system. In announcing the decision Wednesday, Treasury...  

Public Affairs' Jeff Berkowitz has been performing a valuable public service by introducing his readers to the six Republican primary candidates in the 10th CD willing to be interviewed. Here's a segment of a phone conversation he had with Bob...  

The Real Deal is looking for your feedback on market-related issues. Please comment below. See story about the TARP funding nearing its final days here. If you have questions you'd like posted, please e-mail news@therealdeal.com.  

WASHINGTON — The Obama administration has extended the $700 billion financial bailout program until October, setting up a struggle between Democrats who favor using some of the leftover money to help generate jobs and Republicans who say it should ...  

The Treasury secretary defended the extension of the $700 billion bailout, saying the Obama administration remains committed to a stable financial system.  

The $700 billion bailout will ultimately cost taxpayers billions of dollars, but the government stands to lose much more than the money it's pouring into companies.  

Treasury Secretary also urges reform soon of derivatives market as way to restore confidence in U.S. financial system  

A Treasury Department watchdog is warning that a key $700 billion bailout program has damaged the government's credibility, won't ...