-
What's Hot on TheStreet
Tuesday, September 21, 2010 - 11:55am | 289Read More...Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet U.S. Faces $6.6 Trillion Retirement Gap There's a $6.6 trillion gap between the pensions and retirement savings of U.S. households and what they should have to maintain their living standards in retirement -- and...
-
Ally May Go Public Next Year, Could Be Worth $30 Billion
Wednesday, August 4, 2010 - 12:37pm | 316Read More...In an attempt to pay back taxpayers, Ally Financial may seek to go public next year as it hopes to pay back part or all of the $17 billion U.S. taxpayers funded it with writes Bloomberg. After GM purchased subprime car lender AmeriCredit Corp. for $3.5 billion, the value of Ally may be worth as...
-
Tim Geithner Slams the Bush Tax Cuts
Wednesday, August 4, 2010 - 11:28am | 129Read More...CNBC reported Wednesday that U.S. Treasury Secretary Timothy Geithner said he blames the huge fiscal deficits that have accrued over the past decade on the Bush administration’s "misguided'' tax policies. In prepared remarks for an upcoming conference sponsored by The Center for American Progress...
-
U.S. Treasury Announces Borrowing Plans
Monday, August 2, 2010 - 3:38pm | 78Read More...The U.S. Treasury just announced its borrowing plans for this quarter and next and it's less than expected. The U.S. government is now expected to borrow $350 billion in the current quarter, $26 billion less than previously expected. In the October-December quarter, the Treasury said it expects to...
-
Study: Citigroup Stock Not Affected By U.S. Treasury Sales
Thursday, July 15, 2010 - 9:23am | 203Read More...The sale of shares in Citigroup [NYSE: C] by the U.S. Treasury Department was found to not have had an effect on the value of Citigroup's shares, according to The New York Times. Linus Wilson, a finance professor at University of Louisiana at Lafayette conducted a study showing the opposite, that...
