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Posts Tagged ‘ Transition Team ’

Obama Requests Release of Second Half of $350 Billion TARP

Jan 13th, 2009 | By William Patalon III | Category: Financial News

President-elect Barack Obama yesterday (Monday) asked Congress to release the remaining $350 billion in bank bailout money that’s part of the $700 billion Troubled Asset Relief Program (TARP). In a letter addressed to the leadership of both the U.S. Senate and the House of Representatives, top Obama economic aide Lawrence H. “Larry” Summers highlighted five key reasons the incoming president is seeking use of what remains of the U.S. Treasury Department’s $700 billion TARP.

Tags: Bank Bailout, Barack Obama, Obama Stimulus, TARP, Transition Team, Treasury Department, William Patalon III
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Obama Stimulus and January Effect, this Week’s Top Stories

Jan 5th, 2009 | By William Patalon III | Category: Financial News

President-elect Barack Obama’s transition team is reportedly putting the finishing touches on an economic recovery plan that could run from $675 billion to $1 trillion, though many experts believe the program will most like range between $700 billion and $800 billion.

Tags: AA, AMZN, auto bailout, BA, Citigroup, CS, Economic Recovery Plan, economic stimulus package, Gm, GMAC, JCP, JPM, KSS, M&A, Obama, Pork Barrel Projects, TARP, TGT, Transition Team, US Banking, US economy, US jobless rates, US stocks, William Patalon III, WMT
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